Forbright

Chevy Chase, United States Founded: 2003 • Age: 23 yrs Listed
Commercial bank

About Forbright

Forbright is a company based in Chevy Chase (United States) founded in 2003 by John Delaney. Forbright has raised $68.68 million across 8 funding rounds from investors including John K Delaney. The company has 232 employees. Forbright operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Chevy Chase, United States
  • Employees 232
  • Founders John Delaney
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website forbrightbank.com
  • Social LinkedIn X Instagram
  • Legal Name Forbright, Inc.
Operational Areas
Key Metrics
  • Total Equity Funding
    $68.68M (USD)

    in 8 rounds

  • Latest Funding Round
    $125M (USD), Debt – Conventional

    Dec 2021

  • Employee Count
    232

Funding Insights of Forbright

Forbright has successfully raised a total of $68.68M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $125 million completed in December 2021. 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 $68.68M
  • Total Rounds 8
  • Last Round Debt – Conventional β€” $125M
  • First Round $10M

    (Jun 2004)

  • Investors Count 1

All 8 funding rounds of Forbright with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$125MDebt – Conventional––
–
Feb 2018$7.5MSeries C––
–
Dec 2016$24MDebt – Conventional––
–
Jan 2016$33.07MSeries C––
–
Aug 2014–Debt – Venture––
–
Oct 2012$512,000Series B––
–
Jun 2011$17.6MSeries B–John K Delaney
–
Jun 2004$10MSeries A––
–
Valuation history

1 investors in total: 0 institutional and 1 angel.

Investors in Forbright

Forbright has secured backing from 1 investor, including angel investors. Prominent investors backing the company include John K Delaney.

All
Angel
InvestorDescriptionFounded YearDomainLocation

John K Delaney

Indian angel investor with focus on early-stage tech startups.
–unknown_987bec0ff9594227b-
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Investor details for Forbright

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People of Forbright

167 people are tracked at Forbright (90 in leadership, 77 in team); the tracked headcount is 232.

NameRoleGroup
John Delaney
FounderLeadership
Vanessa Shrader
Vice PresidentLeadership
Farah Qazar
Vice President National Lending Deposits ManagerLeadership
Laken U.
Vp, HR Information SystemsLeadership
Trevor Matese
Senior Vice PresidentLeadership
Randi Killen
Evp, Chief Human Resources OfficerLeadership
Matthew Quale
President, Digital BankLeadership
Carlie Valerio
Senior Vice President Internal AuditLeadership
Meghan Duffy Beckman
Vice President, Healthcare LendingLeadership
Ben Farino
Vice President - Healthcare LendingLeadership
Michael Matthews
Chief Information OfficerLeadership
Dare Andrews Oriol
Vice President, Loan Admin - Team LeadLeadership
Jeffrey Smoltz
Director, Liquidity And Capital ManagementLeadership
Ashley Dixon
Vice President, Customer Care And Knowledge ManagementLeadership
George Lora
DirectorLeadership
Brian Petronis
Managing DirectorLeadership
Ali Zaidi
Vice PresidentLeadership
Karthik Abbadharana
Vp, Core Banking Technology & PaymentsLeadership
Ethan C.
Vp, Technical Product OwnerLeadership
Kori Ogrosky
Chief Legal OfficerLeadership

147 more people are available in the full profile.

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IPO & Listings of Forbright

Forbright is a publicly listed company on the NASDAQ with ticker symbol FRBT in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date11 Jun 2026
  • Listed onNASDAQ: FRBT
  • Listed entityForbright, Inc.
  • Exchange sectorFinance
  • ISINUS34520K1051
  • Share price$17.99 (-0.5% on the day) · 2026-10-09
  • Market capitalisation$950.8M
  • Volume (last session)50,596

Timeline of Forbright

4 dated milestones of Forbright across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Forbright is founded.
  2. Funding First funding round of $10.0M.
  3. Funding Latest funding round, Debt – Conventional, of $125.0M.
  4. IPO Lists on the stock exchange (IPO).

Competitors of Forbright

Forbright 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 Truist, Investec, Equity Bank, Citi and KeyBank, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
truist.com1872Charlotte, United States$900,00055,480
Wealth advisory and banking services are offered to clients.
investec.com1974London, United Kingdom–9,444
Global banking, investment, and wealth management services are offered worldwide.
equitybank.com2002Wichita, United States$89.7M–
Commercial banking services are provided to businesses and individuals.
citigroup.com1812New York, United States–500
Diversified financial services are offered through commercial banking operations.
key.com1849Cleveland, United States–17,333
Regional bank
huntington.com1866Shelton, United States–2,276
Commercial banking services are provided across the United States.
jpmorgan.com1799New York, United States––
Comprehensive financial services are provided to corporations and individuals.
bankofamerica.com1904Charlotte, United States–208,000
Commercial banking and asset management services are offered worldwide.
firstrepublic.com1985San Francisco, United States–7,065
Commercial bank
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Detailed competitors of Forbright

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Web traffic of Forbright

The website of Forbright (forbrightbank.com) receives about 285.9K visits a month.

  • Monthly visits
    285.9K

    ▲ 49.3% vs previous month

Similar websites

Websites whose visitors overlap most with Forbright. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cit.com
100%
3.4M#20,233View details
nerdwallet.com
93%
22.3M#2,677View details
bankrate.com
84%
10.4M#5,762View details
breadfinancial.com
80%
1.6M#31,305View details
netxinvestor.com
77%
–#15,983View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Forbright

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

Latest news on Forbright

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Complete news archive for Forbright

Full article history, source details, and older brand coverage require an active premium plan.

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Similar companies to Forbright

10 companies that operate in the same segment as Forbright (Banks), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
1996Jaipur, Rajasthan, IndiaUSD 136.29 MUSD 2.3 B50,950
Small finance services are extended to underserved segments in India.
2005Bengaluru, Karnataka, IndiaUSD 153.96 M–21,203
Commercial banking services are provided in the United Kingdom.
2010London, England, United KingdomUSD 564 MUSD 1.15 B–
Microfinance banking services are offered in India by ESAF.
1992Thrissur, Kerala, IndiaUSD 111.83 MUSD 474.19 M12,520
Wealth advisory and banking services are offered to clients.
1872Charlotte, North Carolina, United StatesUSD 900 KUSD 881.26 M1,240
Microfinance bank
1999Bengaluru, Karnataka, IndiaUSD 814.02 MUSD 670.62 M25,380
Small finance bank offering savings accounts, deposits, and loan products
2008Mumbai, Maharashtra, IndiaUSD 110.94 MUSD 268.59 M8,650
Commercial banking services are offered to individuals and businesses.
2004Mumbai, Maharashtra, IndiaUSD 4.63 MUSD 3.98 B28,690
Provider of a commercial banking services
1993Mumbai, Maharashtra, India–USD 17.37 B104,450
Small finance bank
2007Chennai, Tamil Nadu, IndiaUSD 194.55 MUSD 840.3 M25,430
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Frequently Asked Questions about Forbright

Forbright was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Forbright is headquartered in Chevy Chase, United States. It is registered at Chevy Chase, Maryland, United States.

Forbright is a funded company, having raised a total of $68.68M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 2004.

Forbright has 232 employees.

Forbright was established in 2003 by founder John Delaney in Chevy Chase, United States. As a commercial bank, it focuses on core banking operations, including deposit accounts, loans, and financial advisory services for commercial clients. Activities are conducted primarily within the United States, with an emphasis on supporting local and regional economic needs through standard banking practices.

Forbright's top competitors include Truist, Investec and Citi.

Yes, Forbright is publicly traded on NASDAQ under the ticker symbol FRBT.

Forbright has 1 investor. Key investors include John K Delaney.

The website of Forbright receives about 286 thousand visits a month.

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