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WebBank
AddedFeb 13, 2024
UpdatedJun 28, 2026
WebBank

WebBank

Operating

Webbank, a Utah-based industrial bank, offers consumer, commercial financing and other financial services.

Location
Salt Lake City, UT, US
Founded
1997
Firm
Compare
Portfolio
Employees
Website

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

Total Investments2
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Debt Financing2 (100.0%)

Stage Mix

Debt Financing 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Avant logo

Avant

Black Label logo

Black Label

WebBank - Classification

NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6000Depository Institutions
  • 6020Commercial Banks