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Investment Firm
Overview
BB&T and SunTrust formed Truist with a shared purpose—to inspire and build better lives and communities. With our combined resources, collective passion, and commitment to innovation, we’re creating a better financial experience to help people and businesses achieve more. With 275 years of combined BB&T and SunTrust history, Truist serves approximately 12 million households with leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. Truist Bank, Member FDIC.
Highlights
2019
Financial Services
10001+
30
23
8
Seed, Late Stage Venture
Investment Bank
Location
United States, North America
Contact Information
Social
Profile Resume
Truist, established in 2019 and headquartered in United States, North America., specializes in Seed, Late Stage Venture investments across Real Estate, Commercial Real Estate, Commercial, Financial Services, Finance, Retail, Sales, Automotive, Banking, Asset Management. The organization boasts a portfolio of 29 investments, with an average round size of $353.1M and 8 successful exits. Their recent investments include The Stro Companies, PennantPark Investment Corp, Group 1 Automotive, Santander Bank, JP Morgan Chase. The highest investment round they participated in was $1335.2B. Among their most notable exits are The Stro Companies and PennantPark Investment Corp. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
30
2
23
8
Investments
30
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Mar 26, 2024 | Vuln Voyager | Information Technology | 50.0K |
Apr 30, 2024 | Group 1 Automotive | Retail | 2500.0M |
Jun 04, 2024 | PennantPark Investment Corp | Financial Services | 611.0M |
Jul 12, 2024 | The Stro Companies | Real Estate | 25.0M |
Exits
8
Funding Timeline
30
1
0
Funding Rounds
30
Truist has raised 30 rounds. Their latest funding was raised on Jul 12, 2024 from a Debt Financing - The Stro Companies round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Mar 26, 2024 | Pre Seed Round - Vuln Voyager | - | 50.0K | - |
Apr 30, 2024 | Post-IPO Debt - Group 1 Automotive | - | 2500.0M | - |
Jun 04, 2024 | Post-IPO Debt - PennantPark Investment Corp | - | 611.0M | - |
Jul 12, 2024 | Debt Financing - The Stro Companies | - | 25.0M | - |
Investors
1
Truist is funded by 1 investor(s). AC Ventures Kantor is the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
AC Ventures | No | Seed Round - Truist | 0 |
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 Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
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