BankSimple Raises $10 M of Series B Funding

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B Round: $1,000,000

Founded: 2008
Industry: IT

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Brooklyn, NY – BankSimple, a banking application developer for mobile and web has raised $10 million of series B funding from top venture capital firms IA Ventures, Shasta Ventures, First Round Capital, Village Ventures and SV Angels.

BankSimple not only secured top notch investors but it was able to made partnership with large scale banks like Visa, CBW Bank, Allpoint, The Bancorp Bank, Andera as well as TxVia.

BankSimple web and mobile banking apps which promises to simplify the front end of online banking is still in stealth mode and beta testing yet it already secured an impressive line of investors and partners.


Funding Total: $1,000,000

Round Date Amount Pre Amount Post Amount
B 08/2011 $1,000,000
Investors: IA Capital Partners, Shasta Ventures, First Round Capital, Village Ventures, SV Angel

See all fundings here


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