About Civic Financial Services
Civic Financial Services is a company based in Redondo Beach (United States) founded in 2014 was acquired by Pac-West Telecomm in February 2021.. Civic Financial Services has completed 1 acquisition, including HeyBeehive. Civic Financial Services offers products and services including Fix and Flip Loan, Bridge Loan, Rental Loan, Rental Portfolio Loan, and Ground-Up Construction Loan. Civic Financial Services operates in a competitive market with competitors including LoanSnap, Kiavi, Certain Lending, MT Finance and One Savings Bank, among others.
- Headquarter Redondo Beach, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Civic Financial Services, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$190 M (USD), Debt – Conventional
May 31, 2018
- Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Pac-West Telecomm
(Feb 02, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Civic Financial Services
Civic Financial Services offers a comprehensive portfolio of products and services, including Fix and Flip Loan, Bridge Loan, Rental Loan, Rental Portfolio Loan, and Ground-Up Construction Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loan for purchasing and renovating properties for resale.
Temporary loan to bridge gaps in real estate transactions.
Loan for acquiring and managing rental properties.
Funding for multiple rental properties in a portfolio.
Loan for new real estate construction projects.
Unlock access to complete
Unlock access to complete
Funding Insights of Civic Financial Services
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $190.0M
-
First Round
First Round
(31 May 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Civic Financial Services | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Civic Financial Services
Civic Financial Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Pac-West Telecomm. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Traditional and cloud-based telecom infrastructure services are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Civic Financial Services
Civic Financial Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HeyBeehive. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Instagram hashtags are tracked and analytics are provided for brands.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Civic Financial Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Civic Financial Services Comparisons
Competitors of Civic Financial Services
Civic Financial Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LoanSnap, Kiavi, Certain Lending, MT Finance and One Savings Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace for residential & commercial mortgage loans
|
|
| domain | founded_year | HQ Location |
Residential and commercial mortgages are connected via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Online P2P platform for real estate lending is facilitated.
|
|
| domain | founded_year | HQ Location |
Diversified lending NBFI
|
|
| domain | founded_year | HQ Location |
Provider of an online marketplace for mortgage loans
|
|
| domain | founded_year | HQ Location |
Provider of home financial services
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Civic Financial Services
Frequently Asked Questions about Civic Financial Services
When was Civic Financial Services founded?
Civic Financial Services was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Civic Financial Services located?
Civic Financial Services is headquartered in Redondo Beach, United States. It is registered at Redondo Beach, California, United States.
What does Civic Financial Services do?
Civic Financial Services was founded in 2014 and is headquartered in Redondo Beach, United States. Operations are focused on the financial services sector, specifically as a non-banking financial institution offering diversified lending solutions. Services include various lending products tailored to client needs, with management led by President William Tessar. Activities are conducted primarily within the U.S. market to support borrowing requirements across different segments.
Who are the top competitors of Civic Financial Services?
Civic Financial Services's top competitors include LoanSnap, Kiavi and MT Finance.
What products or services does Civic Financial Services offer?
Civic Financial Services offers Fix and Flip Loan, Bridge Loan, Rental Loan, Rental Portfolio Loan, and Ground-Up Construction Loan.
How many acquisitions has Civic Financial Services made?
Civic Financial Services has made 1 acquisition, including HeyBeehive.
Who are Civic Financial Services's investors?
Civic Financial Services has 1 investor. Key investors include Pac-West Telecomm.