# CBanc

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cbanc

- Industry: Internet
- Headquarters: Austin, US
- Website: www.cbancnetwork.com
- Total disclosed funding: $4M
- Latest round: Series B (Dec 9, 2015)
- Investors on record: 2

## About

CBanc is a professional networking platform serving the banking industry, connecting over 65,000 verified financial professionals across more than 8,500 institutions in the United States.Founded in 2011 in Austin, US, CBanc operates as a networking platform for financial professionals. The company raised USD 4.00 mn in Series B funding on December 9, 2015, led by founder Hank Seale and supported by Texas Independent Bancshares, Mike Maples, and Adams Street Partners. CBanc has completed two investment deals to date.CBANC offers a comprehensive suite of products and services tailored for the banking sector. Its core offering, the CBANC Community, connects over 65,000 verified financial professionals from more than 8,500 financial institutions in the US. The platform provides access to numerous resources, including over 1,000 custom webinars and training sessions, fostering knowledge sharing among peers. Additionally, the CBANC Marketplace features nearly 1,000 products helping institutions with vendor discovery and due diligence. CBANC primarily serves community banks and smaller financial institutions that require affordable access to essential tools and information.CBANC's revenue model relies on subscription services and partnerships with financial institutions and solution providers. While specific pricing details for individual offerings are not publicly disclosed, the structure consists of memberships providing access to premium content and networking opportunities. Transactions occur in a B2B context, with financial institutions subscribing for ongoing support and access to various tools aimed at improving operational efficiency and regulatory compliance. Through industry expert insights, CBANC ensures its clients remain informed about regulatory changes and market trends.CBANC plans to further enhance its product offerings and expand into new markets with ongoing developments. The recent funding of USD 4.00 mn will support initiatives including the design and launch of new products and services aimed at improving the user experience. The company aims to broaden its reach within the United States, potentially exploring additional markets by leveraging its existing community and resources to facilitate market entry. The strategic focus is on sustaining growth through innovation and enhanced service delivery.

## Funding rounds

- Series B, Dec 9, 2015, $4M — Adams Street Partners, Texas Independent Bancshares, Inc.

## Investors

- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series B
- Texas Independent Bancshares, Inc. — Series B