Truist Ventures
Signal active
Investment Firm
Overview
Truist Ventures is the corporate venture capital division of Truist Financial Corporation (NYSE: TFC). Headquartered in Charlotte, North Carolina, Truist Ventures invests in financial technology companies to help Truist deliver innovative financial products and services to clients.
The firm was established in 2018 by integrating investments in technology companies from the heritage SunTrust brand with BB&T Ventures.
Highlights
Founded
2018
Industry
Financial Services
Employees
1-10
Investment
9
Lead Investment
5
Exits
undefined
Stages
Early Stage Venture, Seed
Investor Type
Corporate Venture Capital
Location
United States, North America
Contact Information
Social
Profile Resume
Truist Ventures, established in 2018 and headquartered in United States, North America., specializes in Early Stage Venture, Seed investments across Information Technology, Software, Payments, Financial Services, FinTech, Finance, Business Development, Financial Exchanges, Banking, Lending. Their recent investments include AppBrilliance, Apiture, T. Rowe Price, Live Oak Bank, Pinnacle Financial Partners. The highest investment round they participated in was $20.3B. Among their most notable exits are AppBrilliance and Apiture. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Employees
N/A
Investment portfolio
Truist Ventures has made 9 investments. Their most recent investment was on Nov 20, 2023, when AppBrilliance raised $9.0M.
Truist Ventures has made 7 diversity investments. Their most recent diversity investment was on May 31, 2023, when MoCaFi raised $23.5M.
investments
9
Diversity investments
7
Lead investments
5
Number of exits
undefined
Investments
9
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| May 31, 2023 | MoCaFi | Financial Services | 23.5M |
| Aug 01, 2023 | - | - | 18.0M |
| Nov 14, 2023 | Apiture | Financial Services | 10.0M |
| Nov 20, 2023 | AppBrilliance | Information Technology | 9.0M |
Exits
0
Funding Timeline
Funding rounds
9
Investors
0
Funds
0
Funding Rounds
9
Truist Ventures has raised 9 rounds. Their latest funding was raised on Nov 20, 2023 from a Venture Round - AppBrilliance round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| May 31, 2023 | Series B - MoCaFi | - | 23.5M | - |
| Aug 01, 2023 | Series A - GoTab | - | 18.0M | - |
| Nov 14, 2023 | Venture Round - Apiture | - | 10.0M | - |
| Nov 20, 2023 | Venture Round - AppBrilliance | - | 9.0M | - |
Investors
0
There is no funding round available on this profile
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
Recent Activity
There is no recent news or activity for this profile.