Signature Bank

company

About

New York-based full-service commercial bank with 27 private client offices throughout the New York metropolitan area.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$127.10M
Industries
Banking,Finance,Financial Services
Founded date
Jan 1, 2001
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nasdaq:SBNY
Investor Type
Investment Bank

Signature Bank, member FDIC, is a New York-based full-service commercial bank with 27 private client offices throughout the New York metropolitan area. The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services. The Bank operates Signature Financial, LLC, a specialty finance subsidiary focused on equipment finance and leasing, transportation financing and taxi medallion financing. Investment, brokerage, asset management and insurance products and services are offered through the Bank’s subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC.

Since commencing operations in May 2001, the Bank has grown to $23.1 billion in assets, $18.3 billion in deposits, $1.91 billion in equity capital and $1.99 billion in other assets under management as of March 31, 2014. Signature Bank's Tier 1 and risk-based capital ratios are significantly above the levels required to be considered well capitalized.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$1.78B
Signature Bank has raised a total of $1.78B in funding over 2 rounds. Their latest funding was raised on Dec 10, 2020 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 10, 2020 Post-IPO Equity $708M Detail
Jan 21, 2016 Post-IPO Equity $296.10M Detail
Jun 9, 2014 Post-IPO Equity $257.20M Detail
Jul 5, 2011 Post-IPO Equity $253.20M Detail
Jun 1, 2009 Post-IPO Equity $127.10M Detail

Investments

Number of Investments
Number of Lead Investments
10
8
Signature Bank has made 10 investments. Their most recent investment was on Dec 13, 2022, when HistoSonics raised $15M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 13, 2022 HistoSonics
Debt Financing $15M Health Care Yes
Sep 27, 2022 Grayscale Labs
Debt Financing $2.50M Computer Yes
Debt Financing $5M Analytics Yes
Jul 21, 2021 Fetch Package
Debt Financing $10M Delivery Service Yes
May 6, 2021 Oculii
Series B $55M Artificial Intelligence

Employee Profiles

Number of Employee Profiles
16
Signature Bank has 16 current employee profiles, including Executive Joseph J. DePaolo
Executive
Executive
Executive
Board member
Executive

Exits

Signature Bank has had 1 exits. Signature Bank most notable exits include Oculii

Date Company Name Exit Type Industry
Oct 26, 2021 Oculii M&A Artificial Intelligence Detail