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Needham Bank
AddedFeb 15, 2024
UpdatedJun 28, 2026
Needham Bank

Needham Bank

Operating

Needham Bank: A builder-friendly US bank offering deposits, loans, mortgages, card facilities, and online banking.

Location
Needham, MA, US
Founded
1892
Firm
Compare
Portfolio
Employees
Website

Needham Bank is a builder-friendly financial institution serving clients in the United States. While not a traditional venture capital firm, the bank supports innovative companies through various financial products and services. Their offerings include deposits, loans, mortgage solutions, card facilities, and online banking services, with a focus on maximizing cash flow and reducing time spent on business finances.

The bank has shown interest in technology-driven companies, as evidenced by their involvement with Jassby, a fintech startup. Needham Bank has also participated in post-IPO debt rounds and series unknown investments, demonstrating their commitment to supporting businesses at various stages of growth. Their approach combines traditional banking services with a willingness to engage with innovative and emerging companies.

Needham Bank - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments3
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Post Ipo Debt2 (66.7%)
Series Unknown1 (33.3%)

Stage Mix

Post Ipo Debt 67%Series Unknown 33%

Concentration shown as share of disclosed investments by stage.

Recent Investments

XS Financial logo

XS Financial

Jassby logo

Jassby

Needham Bank - Classification

NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6000Depository Institutions
  • 6020Commercial Banks
ISIC
  • 6419Other monetary intermediation
Show 4 more industry codes
NAICS
  • 522180Savings Institutions and Other Depository Credit Intermediation
SIC
  • 6030Savings Institutions
  • 6035Savings Institutions, Federally Chartered
  • 6021National Commercial Banks