Live Oak Bank

Live Oak Bank

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Investment Firm

Overview

Live Oak Bank is a financial service company that offers banking services and products for small and medium businesses. They provide FDIC-insured banking products to help, buy, build, and expand the business, as well as high-yield savings and CD products to help grow the money. The company's goal is to provide an experience that is distinct from what they might expect from a bank — its customers remain at the heart of everything they do at Live Oak.

Highlights

Founded

2008

Industry

Financial Services

Employees

501-1000

Investment

15

Lead Investment

9

Exits

2

Stages

Seed, Late Stage Venture, Early Stage Venture

Investor Type

Venture Capital

Location

United States, North America

Contact Information

Social

Profile Resume

Live Oak Bank, established in 2008 and headquartered in United States, North America., specializes in Seed, Late Stage Venture, Early Stage Venture investments across Software, Banking, Apps, Information Technology, Cyber Security, Cloud Data Services, Compliance, Mortgage, Wealth Management, Credit Cards. The organization boasts a portfolio of 15 investments, with an average round size of $17.3M and 2 successful exits. Their recent investments include Malauzai Software, DefenseStorm, Washington Trust, Citizens National Bank, Georgian. The highest investment round they participated in was $8.9B. Among their most notable exits are Malauzai Software and DefenseStorm. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Chip Mahan

Chip Mahan

Chairman & CEO /Founder

imagePlace Neil Underwood

Neil Underwood

President and Chief Operating Officer

imagePlace David Lucht

David Lucht

Chief Risk Officer

imagePlace Evan Travis

Evan Travis

SVP, Venture Banking

imagePlace Jay Steiner

Jay Steiner

Senior Loan Officer

Investment portfolio

Live Oak Bank has made 15 investments. Their most recent investment was on Feb 13, 2024, when Anatomy Financial raised $7.6M.

investments

15

Diversity investments

0

Lead investments

9

Number of exits

2

Investments

15

Annouced DateOrganization NameIndustryMoney Raised
Feb 13, 2024
Anatomy Financial Anatomy Financial
Software7.6M
Feb 22, 2024
Vitana Pediatric Dental Partners Vitana Pediatric Dental Partners
Financial Servicesnull
Mar 18, 2024
B.R. Distilling Company B.R. Distilling Company
Food and Beveragenull
May 01, 2024
DefenseStorm DefenseStorm
Information Technologynull

Exits

2

Funding Timeline

Funding rounds

15

Investors

0

Funds

0

Funding Rounds

15

Live Oak Bank has raised 15 rounds. Their latest funding was raised on May 01, 2024 from a Series C - DefenseStorm round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Feb 13, 2024
Seed Round - Anatomy Financial Seed Round - Anatomy Financial
-7.6M-
Feb 22, 2024
Debt Financing - Vitana Pediatric Dental Partners Debt Financing - Vitana Pediatric Dental Partners
-0-
Mar 18, 2024
Debt Financing - B.R. Distilling Company Debt Financing - B.R. Distilling Company
-0-
May 01, 2024
Series C - DefenseStorm Series C - DefenseStorm
-0-

Investors

1

Investor NameLead InvestorFunding RoundMoney Raised
-No
Private Equity Round - Live Oak Bank
75.0M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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