Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Bank of America

Founders Steven Wences

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 216
Average round size
info
The average size of a deal this fund participated in
$604M
Portfolio companies 184
Rounds per year 8.31
Lead investments 62
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.14
Exits 63
Key employees 12
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity

Areas of investment

  • Software
  • Financial Services
  • Non Profit
  • Information Technology
  • Internet
Summary

Bank of America appeared to be the Corporate Investor, which was created in 1998. The company was established in North America in United States. The main department of described Corporate Investor is located in the Charlotte.

Among the most popular portfolio startups of the fund, we may highlight SpaceX, Dropbox, Panera Bread. Among the most popular fund investment industries, there are Enterprise Software, Information Technology. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. The fund has exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Bank of America, startups are often financed by Emergence, DCM Ventures, Amadeus Capital Partners. The meaningful sponsors for the fund in investment in the same round are Morgan Stanley Dean Witter, Citigroup, UBS. In the next rounds fund is usually obtained by Scale Venture Partners, Oak Investment Partners, Intel Capital.

The usual things for fund are deals in the range of 50 - 100 millions dollars. The real fund results show that this Corporate Investor is 1 percentage points more often commits exit comparing to other companies. When the investment is from Bank of America the average startup value is 500 millions - 1 billion dollars. The higher amount of exits for fund were in 2018. Comparing to the other companies, this Bank of America performs on 11 percentage points more the average number of lead investments. The high activity for fund was in 2000. Despite it in 2019 the fund had an activity. The fund is constantly included in 2-6 investment rounds annually.

We also calculated 8 valuable employees in our database.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Bank of America:
Typical Co-investors
Bank of America is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Bank of America:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

FIA Tech

Financial Services
Legal
Professional Services
$25M13 Jun 2023 New York, New York, United States

Armalytix

Financial Services
FinTech
Personal Finance
$1M28 Sep 2022 Slough, Buckinghamshire, United Kingdom

AccessFintech

Financial Services
FinTech
Risk Management
$60M22 Sep 2022 New York, New York, United States

STRIVR

Corporate Training
Enterprise
Enterprise Software
Information Technology
Software
Training
Virtual Reality
$35M19 Apr 2022 Palo Alto, California, United States

Octaura

Analytics
Finance
Financial Services
FinTech
Trading Platform
02 Apr 2022 New York, New York, United States

Banked

Banking
Financial Services
FinTech
Payments
Software
$27M14 Feb 2022 London, England, United Kingdom

Capital Markets Gateway

Analytics
Financial Services
FinTech
Software
20 Jan 2022 Chicago, Illinois, United States

AlphaSense

Analytics
Artificial Intelligence
Finance
FinTech
Information Technology
Machine Learning
SaaS
Search Engine
Software
$180M30 Sep 2021 New York, New York, United States

FIA Tech

Financial Services
Legal
Professional Services
$44M16 Jun 2021 New York, New York, United States
News
Paxos Raises Further Series D Funding

– Paxos is a NYC-based regulated blockchain infrastructure platform.
Bank of America, Coinbase Ventures, Founders Fund and FTX joined the Series D round of funding.
– Paxos has raised more than $540m in funding to date.

Sixty8 Capital Closes $20 Million Fund To Support Diverse Founders

– Sixty8 Capital is an Indianapolis-based seed-stage VC firm supporting Black, Latinx, women, and LGBTQ+ led startups.
– The firm announced the first close of its new $20m venture fund.
– The investors include The Indiana Next Level Fund, 50 South Capital, Bank of America, Eli Lilly and Company, First Internet Bank, and the Central Indiana Community Foundation.
– Led by Managing Director Kelli Jones, Sixty8 Capital is industry-agnostic and will focus initially on seed investments between the coasts with an emphasis on the Midwest.
– Sixty8 Capital is powered by Allos Ventures, one of Indiana’s most active VC firms with Allos’ Paul Ehlinger serving as a venture partner.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Bank of America?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 216
Average round size 604M
Rounds per year 8.31
Peak activity year 2022
Lead investments 62
Follow on index 0.14
Exits 63
Group Appearance index 0.58

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

FIA Tech

Financial Services
Legal
Professional Services
$25M13 Jun 2023 New York, New York, United States

Armalytix

Financial Services
FinTech
Personal Finance
$1M28 Sep 2022 Slough, Buckinghamshire, United Kingdom

AccessFintech

Financial Services
FinTech
Risk Management
$60M22 Sep 2022 New York, New York, United States

STRIVR

Corporate Training
Enterprise
Enterprise Software
Information Technology
Software
Training
Virtual Reality
$35M19 Apr 2022 Palo Alto, California, United States

Octaura

Analytics
Finance
Financial Services
FinTech
Trading Platform
02 Apr 2022 New York, New York, United States

Banked

Banking
Financial Services
FinTech
Payments
Software
$27M14 Feb 2022 London, England, United Kingdom

Capital Markets Gateway

Analytics
Financial Services
FinTech
Software
20 Jan 2022 Chicago, Illinois, United States

AlphaSense

Analytics
Artificial Intelligence
Finance
FinTech
Information Technology
Machine Learning
SaaS
Search Engine
Software
$180M30 Sep 2021 New York, New York, United States

FIA Tech

Financial Services
Legal
Professional Services
$44M16 Jun 2021 New York, New York, United States
Crunchbase icon

Content report

The following text will be sent to our editors: