About Triumph Bancorp
Triumph Bancorp is a company based in Dallas (United States) founded in 2010 by Aaron Graft was acquired by Simmons Bank in June 2021.. Triumph Bancorp has raised $13.75 million across 4 funding rounds from investors including Simmons Bank. Triumph Bancorp has completed 3 acquisitions, including Citizens Bank of Pagosa Springs, Coloeast Bankshares and First National Bank of Durango. Triumph Bancorp offers products and services including Payments (TriumphPay) and Factoring.
- Headquarter Dallas, United States
- Founders Aaron Graft
- Stage Public
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tbk Bank, Ssb
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$13.75 M (USD)
in 4 rounds
-
Latest Funding Round
$5.6 M (USD), Series C
Oct 15, 2013
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
Citizens Bank of Pagosa Springs
& 2 more
-
Acquired by
Simmons Bank
(Jun 07, 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 Triumph Bancorp
Triumph Bancorp offers a comprehensive portfolio of products and services, including Payments (TriumphPay) and Factoring. 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.
Payments are processed for expedited freight transactions and automation of tasks
Factoring services are provided for invoice management and faster client payments
Unlock access to complete
Unlock access to complete
Leadership Team
15 people
Finance and Accounting
7 people
Product Management Team
5 people
Legal and Compliance
3 people
Sales and Marketing
3 people
Human Resources and Administration
3 people
Software Development Team
2 people
Creative and Marketing Team
1 people
Unlock access to complete
Funding Insights of Triumph Bancorp
Triumph Bancorp has successfully raised a total of $13.75M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $5.6 million completed in October 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 4
- Last Round Series C — $5.6M
-
First Round
First Round
(20 Jan 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Series C - Triumph Bancorp | Valuation |
investors |
|
| Jan, 2013 | Amount | Series B - Triumph Bancorp | Valuation |
investors |
|
| Dec, 2012 | Amount | Series B - Triumph Bancorp | 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 Triumph Bancorp
Triumph Bancorp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Simmons 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 |
|---|---|---|---|---|
|
Commercial banking services are provided to businesses and individuals.
|
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 Triumph Bancorp
Triumph Bancorp has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Citizens Bank of Pagosa Springs, Coloeast Bankshares and First National Bank of Durango. 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 |
|---|---|---|---|---|---|
|
Commercial banking services are offered by Coloeast Bankshares to clients.
|
2016 | ||||
|
Commercial banking services are provided in Pagosa Springs.
|
1908 | ||||
|
Commercial bank
|
1882 |
| 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 - Triumph Bancorp
| 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 |
Triumph Bancorp Comparisons
Competitors of Triumph Bancorp
| 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.
|
Frequently Asked Questions about Triumph Bancorp
When was Triumph Bancorp founded?
Triumph Bancorp was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Triumph Bancorp located?
Triumph Bancorp is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Triumph Bancorp?
Aaron Graft is the current CEO of Triumph Bancorp. They have also founded this company.
Is Triumph Bancorp a funded company?
Triumph Bancorp is a funded company, having raised a total of $13.75M across 4 funding rounds to date. The company's 1st funding round was a Series B of $4.65M, raised on Jan 20, 2012.
What does Triumph Bancorp do?
Triumph Bancorp was established in 2010 and is headquartered in Dallas, United States. Leadership is provided by founder Aaron Graft as CEO. The company operates within the banking sector, with services accessible through its domain triumphbancorp.com. Focus is placed on financial operations, though detailed information on specific offerings remains limited. Geographic emphasis is maintained in the U.S. market.
What products or services does Triumph Bancorp offer?
Triumph Bancorp offers Payments (TriumphPay) and Factoring.
How many acquisitions has Triumph Bancorp made?
Triumph Bancorp has made 3 acquisitions, including Citizens Bank of Pagosa Springs, Coloeast Bankshares, and First National Bank of Durango.
Who are Triumph Bancorp's investors?
Triumph Bancorp has 1 investor. Key investors include Simmons Bank.