About Venture Bank
Venture Bank is a Financial Services company based in Bloomington (United States) founded in 2001 by Daniel Boeckermann and Gwen Stanley, and was acquired by Choice Financial in February 2018. Commercial bank. Venture Bank offers products and services including Online Banking, Insurance Services, and Wealth Management. Its focus areas include Banks and Commercial Banks. Its legal entity is Choice Financial Group. Its competitors include Truist, First Republic Bank and Equity Bank; 1 of its 3 listed competitors has raised funding.
Company details
Venture Bank was founded in 2001 and is headquartered in Bloomington, United States. As a commercial bank, deposit accounts, loans, and related financial services are provided primarily to business clients. Operations are supported through an online platform accessible via venturebankonline.com. The company is led by co-founder and chairman Daniel Boeckermann, as well as founder and executive vice president Gwen Stanley. Focus remains on regional commercial banking activities.
- Headquarters Bloomington, United States
- Founders Daniel Boeckermann, Gwen Stanley
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website venturebankonline.com
- Social LinkedIn X Facebook
- Acquired by Choice Financial (Feb 2018)
- Legal Name Choice Financial Group
- Latest Funding Round$8.11M (USD), Debt – Conventional
Jun 2015
- Investors
- Acquired byChoice Financial
(Feb 2018)
Products & Services of Venture Bank
Venture Bank offers a comprehensive portfolio of products and services, including Online Banking, Insurance Services, and Wealth Management.
Platform for managing accounts and transactions securely online
Offers various insurance products for risk protection
Provides tools for retirement planning and asset growth
Funding Insights of Venture Bank
- Total Rounds 1
- Last Round Debt – Conventional — $8.11M
- First Round $8.11M
(Jun 2015)
All 1 funding rounds of Venture Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $8.11M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Venture Bank
Venture Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Choice Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial bank | 2001 | choicefinancialgroup.com | Fargo, United States |
Investor details for Venture Bank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Venture Bank
2 people are tracked at Venture Bank (2 in leadership).
| Name | Role | Group |
|---|---|---|
Daniel Boeckermann | Co-Founder & Chairman | Leadership |
Gwen Stanley | Founder & EVP | Leadership |
Complete people profiles for Venture Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Venture Bank
3 dated milestones of Venture Bank across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Venture Bank is founded.
- Funding First funding round of $8.1M.
- Exit Acquired by Choice Financial.
Competitors of Venture Bank
Venture Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, First Republic Bank and Equity Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| firstrepublic.com | 1985 | San Francisco, United States | 7,065 | Commercial bank | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. |
Detailed competitors of Venture Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Venture Bank
Websites that share an audience with Venture Bank (venturebankonline.com).
Websites whose visitors overlap most with Venture Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| svb.com | 100% | 446.4K | #73,009 | View details | |
venturebank.com | venturebank.com | 95% | – | ||
| rockiesventureclub.org | 83% | #8,020,407 | View details | ||
| wellsfargo.com | 66% | 104.9M | #241 | View details | |
| bridgewaterbankmn.com | 61% | 39.7K | #630,740 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Venture Bank
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Venture Bank
Venture Bank was founded in 2001 and raised its 1st funding round 14 years after it was founded.
Venture Bank is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
Venture Bank was founded in 2001 and is headquartered in Bloomington, United States. As a commercial bank, deposit accounts, loans, and related financial services are provided primarily to business clients. Operations are supported through an online platform accessible via venturebankonline.com. The company is led by co-founder and chairman Daniel Boeckermann, as well as founder and executive vice president Gwen Stanley. Focus remains on regional commercial banking activities.
Venture Bank's top competitors include Truist, First Republic Bank and Equity Bank.
Venture Bank offers Online Banking, Insurance Services, and Wealth Management.
Venture Bank has 1 investor. Key investors include Choice Financial.
Venture Bank operates through Choice Financial Group.
Yes. Venture Bank was acquired by Choice Financial in February 2018.