About Virginia Commonwealth Bank
Virginia Commonwealth Bank is a company based in Richmond (United States) founded in 1930 was acquired by Blue Ridge Bank in August 2020.. Virginia Commonwealth Bank offers products and services including Personal Checking, Business Loans, and Credit Cards. Virginia Commonwealth Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Richmond, 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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
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Acquired by
Blue Ridge Bank
(Aug 14, 2020)
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Products & Services of Virginia Commonwealth Bank
Virginia Commonwealth Bank offers a comprehensive portfolio of products and services, including Personal Checking, Business Loans, and Credit Cards. 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.
Accounts for managing personal finances and daily transactions.
Financing options for business growth and operations.
Cards for personal and business spending and rewards.
Funding Insights of Virginia Commonwealth Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Virginia Commonwealth Bank
Virginia Commonwealth Bank has secured backing from 1 investor. Prominent investors backing the company include Blue Ridge 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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Blue Ridge Bank is engaged in providing banking and financial services.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Virginia Commonwealth 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 - Virginia Commonwealth Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Virginia Commonwealth Bank Comparisons
Competitors of Virginia Commonwealth Bank
Virginia Commonwealth 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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Commercial banking services are provided to businesses and individuals.
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Diversified financial services are offered through commercial banking operations.
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Regional bank
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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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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Virginia Commonwealth Bank
Frequently Asked Questions about Virginia Commonwealth Bank
When was Virginia Commonwealth Bank founded?
Virginia Commonwealth Bank was founded in 1930.
Where is Virginia Commonwealth Bank located?
Virginia Commonwealth Bank is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
What does Virginia Commonwealth Bank do?
Virginia Commonwealth Bank was established in 1930 in Richmond, United States, within the commercial banking sector. Deposits, loans, and other financial services are provided to support business and personal needs. Operations are centered in the Richmond area, with a focus on regional economic activities. Standard banking practices are followed to manage accounts and facilitate transactions across the local market.
Who are the top competitors of Virginia Commonwealth Bank?
What products or services does Virginia Commonwealth Bank offer?
Virginia Commonwealth Bank offers Personal Checking, Business Loans, and Credit Cards.
Who are Virginia Commonwealth Bank's investors?
Virginia Commonwealth Bank has 1 investor. Key investors include Blue Ridge Bank.