Avenue Bank (Commercial Banks) Overview
- Year Founded
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2018
- Status
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Private
- Employees
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24
- Latest Deal Type
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Series D
- Latest Deal Amount
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$17.7M
- Investors
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2
Avenue Bank (Commercial Banks) General Information
Description
Operator of a business bank intended to help small and mid-size enterprises find cashflow alternatives. The company offers ways to free up cash flow and plans to offer online applications to streamline the whole process, enabling businesses to have the credit to keep their business moving.
Contact Information
Website
www.avenuebank.com.auCorporate Office
- 171 Clarence Street
- Level 8
- Sydney, New South Wales 2000
- Australia
Corporate Office
- 171 Clarence Street
- Level 8
- Sydney, New South Wales 2000
- Australia
Avenue Bank (Commercial Banks) Timeline
Avenue Bank (Commercial Banks) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series D) | 04-Mar-2024 | $17.7M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series C) | 09-Jun-2023 | Completed | Generating Revenue | |||
| 4. Merger/Acquisition | 23-Aug-2022 | Cancelled | Generating Revenue | |||
| 3. Early Stage VC (Series B2) | 01-Jun-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 14-Jul-2020 | $37M | $45.2M | Completed | Startup | |
| 1. Early Stage VC | $8.17M | $8.17M | Completed | Startup |
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Opportunity Score
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Exit Type
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Avenue Bank (Commercial Banks) Related Research & Analysis
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Avenue Bank (Commercial Banks) Signals
Growth Rate
Growth
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Majestic Referring Domains
Avenue Bank (Commercial Banks) Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Liberty Financial Companies | Venture Capital | Minority | ||
| Nightingale Partners (Australia) | Growth/Expansion | Minority |
Avenue Bank (Commercial Banks) FAQs
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When was Avenue Bank (Commercial Banks) founded?
Avenue Bank (Commercial Banks) was founded in 2018.
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Where is Avenue Bank (Commercial Banks) headquartered?
Avenue Bank (Commercial Banks) is headquartered in Sydney, Australia.
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What is the size of Avenue Bank (Commercial Banks)?
Avenue Bank (Commercial Banks) has 24 total employees.
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What industry is Avenue Bank (Commercial Banks) in?
Avenue Bank (Commercial Banks)’s primary industry is Other Commercial Banks.
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Is Avenue Bank (Commercial Banks) a private or public company?
Avenue Bank (Commercial Banks) is a Private company.
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What is Avenue Bank (Commercial Banks)’s current revenue?
The current revenue for Avenue Bank (Commercial Banks) is .
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How much funding has Avenue Bank (Commercial Banks) raised over time?
Avenue Bank (Commercial Banks) has raised $78.9M.
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Who are Avenue Bank (Commercial Banks)’s investors?
Liberty Financial Companies and Nightingale Partners (Australia) have invested in Avenue Bank (Commercial Banks).
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