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Equitable Bank

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Investments

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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.

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Total investments 5
Average round size
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The average size of a deal this fund participated in
$20M
Portfolio companies 2
Rounds per year 0.04
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.60
Key employees 1

Areas of investment

  • Financial Services
  • Credit
  • Finance
  • FinTech
  • Artificial Intelligence
Summary

Equitable Bank appeared to be the Corporate Investor, which was created in 1890. The fund was located in North America if to be more exact in United States. The main office of represented Corporate Investor is situated in the Grand Island.

The usual cause for the fund is to invest in rounds with 5 partakers. Despite the Equitable Bank, startups are often financed by Oakwest Corporation, Ryerson Futures, Roger Martin. The meaningful sponsors for the fund in investment in the same round are Oakwest Corporation, White Star Capital, Ryerson Futures. In the next rounds fund is usually obtained by White Star Capital, Portag3 Ventures, FirstOntario Credit Union.

The fund is generally included in less than 2 deals every year. Deals in the range of 5 - 10 millions dollars are the general things for fund. Considering the real fund results, this Corporate Investor is 13 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2014.

For fund there is no match between the country of its foundation and the country of its the most frequent investments - Canada. Among the most successful fund investment fields, there are Financial Services, Finance. Among the most popular portfolio startups of the fund, we may highlight Borrowell. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Equitable Bank:
Typical Co-investors
Equitable Bank 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 Equitable Bank:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Borrowell

Artificial Intelligence
Credit
Finance
Financial Services
FinTech
$19M22 Feb 2021 Old Toronto, Ontario, Canada

Borrowell

Artificial Intelligence
Credit
Finance
Financial Services
FinTech
$9M21 Jul 2017 Canada, Ontario

Borrowell

Artificial Intelligence
Credit
Finance
Financial Services
FinTech
$5M03 Dec 2014 Canada, Ontario
News
Borrowell Raises $25M in Funding

– Borrowell is a Toronto, Canada-based credit education company.
– The company raised $25m in funding.
– The round was led by Kensington Capital Partners, BDC Capital, iA Financial Group and Impact Engine, a Chicago-based social impact-focused investment fund.
– Existing investors Portag3 Ventures, White Star Capital, National Bank of Canada’s NAventures and Equitable Bank also participated with new funding.
– The new funding will be used for the acquisition of Refresh Financial, a provider of credit to underserved Canadians, and to support future growth.

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Total investments 5
Average round size 20M
Rounds per year 0.04
Peak activity year 2021
Lead investments 2
Follow on index 0.60
Group Appearance index 0.80

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Borrowell

Artificial Intelligence
Credit
Finance
Financial Services
FinTech
$19M22 Feb 2021 Old Toronto, Ontario, Canada

Borrowell

Artificial Intelligence
Credit
Finance
Financial Services
FinTech
$9M21 Jul 2017 Canada, Ontario

Borrowell

Artificial Intelligence
Credit
Finance
Financial Services
FinTech
$5M03 Dec 2014 Canada, Ontario
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