About Florida Bank
Florida Bank is a company based in Tampa (United States) founded in 1985 was acquired by IBERIABANK in October 2014.. Florida Bank has raised $33 million across 1 funding round from investors including IBERIABANK. The company has 25 employees as of December 31, 2015. Florida Bank operates in a competitive market with competitors including Monzo, Varo, Revolut, Comun and Grasshopper Bank, among others.
- Headquarter Tampa, United States
- Employees 25 as on 31 Dec, 2015
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Florida Bank Group, Inc.
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Annual Revenue
$00as on Aug 20, 2013
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Net Profit
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EBITDA
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Total Equity Funding
$33 M (USD)
in 1 rounds
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Latest Funding Round
$33 M (USD), Series A
Aug 20, 2013
- Investors
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Employee Count
25
as on Dec 31, 2015
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Acquired by
IBERIABANK
(Oct 03, 2014)
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Funding Insights of Florida Bank
Florida Bank has successfully raised a total of $33M through 1 strategic funding round. The most recent funding activity was a Series A round of $33 million completed in August 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $33.0M
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First Round
First Round
(20 Aug 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Series A - Florida Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Florida Bank
Florida Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IBERIABANK. 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 |
|---|---|---|---|---|
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Comprehensive financial services are offered by a US-based commercial bank.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Florida Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Florida Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Florida Bank Comparisons
Competitors of Florida Bank
Florida Bank 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 Monzo, Varo, Revolut, Comun and Grasshopper 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 |
Internet first bank for individuals and businesses
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals via mobile apps.
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| domain | founded_year | HQ Location |
Banking solutions are provided for retail customers and businesses.
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| domain | founded_year | HQ Location |
An online platform for retail banking solutions is provided.
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| domain | founded_year | HQ Location |
Commercial banking services are offered via an online platform.
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| domain | founded_year | HQ Location |
T-bill investing for businesses is enabled by a secure platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Florida Bank
When was Florida Bank founded?
Florida Bank was founded in 1985 and raised its 1st funding round 28 years after it was founded.
Where is Florida Bank located?
Florida Bank is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Is Florida Bank a funded company?
Florida Bank is a funded company, having raised a total of $33M across 1 funding round to date. The company's 1st funding round was a Series A of $33M, raised on Aug 20, 2013.
How many employees does Florida Bank have?
As of Dec 31, 2015, the latest employee count at Florida Bank is 25.
What does Florida Bank do?
Florida Bank was founded in 1985 in Tampa, United States, within the financial services sector. Commercial banking is handled through loans, deposits, and business financing, while retail operations include personal accounts, mortgages, and consumer lending. Services are extended primarily in the southeastern U.S. region, with a focus on local economies. The companys domain, flbank.com, supports digital banking access for clients. Headquarters in Tampa oversee statewide activities.
Who are the top competitors of Florida Bank?
Who are Florida Bank's investors?
Florida Bank has 1 investor. Key investors include IBERIABANK.