Webbank, a Utah-based industrial bank, offers consumer, commercial financing and other financial services.
Location
Salt Lake City, UT, US
Founded
1997
WebBank, a Utah-based industrial bank, specializes in providing consumer and commercial financing. The firm is known for its consultative approach, bridging innovation with regulatory requirements to deliver product and funding solutions. WebBank supports a diverse range of partners, from startups to Fortune 500 companies, and focuses on debt financing to fuel growth and scale.
Notable portfolio companies include Avant, which has raised $250 million, and Black Label, with $100 million in funding. Key decision-makers at WebBank include Malin Erik, who was recently added to the team. The firm's investment philosophy emphasizes collaboration, innovation, and growth orientation, offering unique value-add services such as digitization of financial services and product incubation.
WebBank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages