About Seaside National Bank & Trust
Seaside National Bank & Trust is a company based in Orlando (United States) founded in 2006 was acquired by United Community Bank in March 2020.. Seaside National Bank & Trust has raised $40 million across 1 funding round from investors including United Community, Lovell Minnick Partners and Parthenon Capital. Seaside National Bank & Trust has completed 1 acquisition, including The Vaughn Group,. Seaside National Bank & Trust offers products and services including Checking Account, Savings Account, Personal Loans, Online Banking, and Mortgage Loans. Seaside National Bank & Trust operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Orlando, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40 M (USD)
in 1 rounds
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Latest Funding Round
$40 M (USD), Series B
Nov 30, 2009
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Investors
United Community
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
United Community Bank
(Mar 10, 2020)
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Products & Services of Seaside National Bank & Trust
Seaside National Bank & Trust offers a comprehensive portfolio of products and services, including Checking Account, Savings Account, Personal Loans, Online Banking, and Mortgage Loans. 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.
Account for everyday transactions and payments with debit card access.
Account for saving money with interest and withdrawal options.
Loans for debt consolidation, purchases, or emergencies for customers.
Platform for managing accounts, transfers, and payments remotely.
Home loans for buying, refinancing, or constructing properties.
Funding Insights of Seaside National Bank & Trust
Seaside National Bank & Trust has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series B round of $40 million completed in November 2009. 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 B — $40.0M
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First Round
First Round
(30 Nov 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2009 | Amount | Series B - Seaside National Bank & Trust | Valuation |
investors |
| 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 Seaside National Bank & Trust
Seaside National Bank & Trust has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include United Community, Lovell Minnick Partners and Parthenon Capital. 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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Multiple sectors are invested in by this private equity fund.
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity investments are focused on America and Europe.
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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 Seaside National Bank & Trust
Seaside National Bank & Trust has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Vaughn Group,. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of insurance brokerage services
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1973 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Seaside National Bank Trust
| 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 |
Seaside National Bank & Trust Comparisons
Competitors of Seaside National Bank & Trust
Seaside National Bank & Trust 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, First Republic Bank, Equity Bank, Investec and UniCredit, 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 |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
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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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Latest news on Seaside National Bank & Trust
Frequently Asked Questions about Seaside National Bank & Trust
When was Seaside National Bank & Trust founded?
Seaside National Bank & Trust was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is Seaside National Bank & Trust located?
Seaside National Bank & Trust is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Is Seaside National Bank & Trust a funded company?
Seaside National Bank & Trust is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series B of $40M, raised on Nov 30, 2009.
What does Seaside National Bank & Trust do?
Seaside National Bank Trust was established in 2006 in Orlando, United States. Operations are focused on the commercial banking sector, where deposit accounts, loans, and credit facilities are managed for business and personal clients. Trust services are also handled, including estate planning and investment management. Activities are conducted primarily within the regional market, with oversight from federal banking regulators.
Who are the top competitors of Seaside National Bank & Trust?
What products or services does Seaside National Bank & Trust offer?
Seaside National Bank & Trust offers Checking Account, Savings Account, Personal Loans, Online Banking, and Mortgage Loans.
How many acquisitions has Seaside National Bank & Trust made?
Seaside National Bank & Trust has made 1 acquisition, including The Vaughn Group,.
Who are Seaside National Bank & Trust's investors?
Seaside National Bank & Trust has 4 investors. Key investors include United Community, Lovell Minnick Partners, Parthenon Capital, and Continental Investors.