The Provident Bank - aVenture Asset Manager Research
The Provident Bank
Operating Status: Operating
Provident Financial Services, Inc.: A commercial community bank holding company.
Location
Amesbury, MA, US
Founded
1839
The Provident Bank, a commercial community bank, focuses on providing premier business banking services. As the banking arm of Provident Financial Services, Inc., they offer personalized financial solutions tailored to meet the needs of businesses. Their investment activities appear to span various stages, including Series A and other rounds, with investments ranging from early-stage startups to more established companies.
Notable portfolio companies include Alliant Resources Group and Revio, a SaaS platform for payment collections. The bank emphasizes its role as a trusted advisor and partner, offering innovative solutions and fully insured deposits. Their approach combines personalization, agility, and entrepreneurship in banking, aiming to deliver tailored financial services to their business clients.
The Provident Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies2
Current Portfolio Count2
Top Investment Stages
Series A1 (50.0%)
Series D1 (50.0%)
Stage Mix
Series A 50%Series D 50%
Concentration shown as share of disclosed investments by stage.
