About The Westchester Bank
The Westchester Bank is a company based in White Plains (United States) founded in 2008 was acquired by Valley Bank in June 2021.. The Westchester Bank has raised $48.16 million across 2 funding rounds from investors including Valley Bank. The Westchester Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter White Plains, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Westchester Bank Holding Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.16 M (USD)
in 2 rounds
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Latest Funding Round
$22.25 M (USD), Series B
Aug 03, 2017
- Investors
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Employee Count
Employee Count
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Acquired by
Valley Bank
(Jun 29, 2021)
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Funding Insights of The Westchester Bank
The Westchester Bank has successfully raised a total of $48.16M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $22.25 million completed in August 2017. 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 2
- Last Round Series B — $22.2M
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First Round
First Round
(07 Jul 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series B - The Westchester Bank | Valuation |
investors |
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| Jul, 2011 | Amount | Series B - The Westchester 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 The Westchester Bank
The Westchester Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Valley Bank. 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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Limited information available
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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 The Westchester 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 - The Westchester 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 |
The Westchester Bank Comparisons
Competitors of The Westchester Bank
The Westchester 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 Truist, Investec, Equity Bank, Citi and KeyBank, 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 |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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Global banking, investment, and wealth management services are offered worldwide.
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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 |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Regional bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 The Westchester Bank
Frequently Asked Questions about The Westchester Bank
When was The Westchester Bank founded?
The Westchester Bank was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is The Westchester Bank located?
The Westchester Bank is headquartered in White Plains, United States. It is registered at White Plains, New York, United States.
Is The Westchester Bank a funded company?
The Westchester Bank is a funded company, having raised a total of $48.16M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25.91M, raised on Jul 07, 2011.
What does The Westchester Bank do?
The Westchester Bank was established in 2008 in White Plains, United States, as a community-focused institution in the banking sector. Retail banking services, including personal accounts and loans, are provided alongside business financing and advisory support. Operations center on serving regional customers with standard deposit and credit products, emphasizing local economic needs without broader national expansion.
Who are the top competitors of The Westchester Bank?
Who are The Westchester Bank's investors?
The Westchester Bank has 1 investor. Key investors include Valley Bank.