Banking

SVB Financial Group

SVB Financial Group raises $15B Public at $18B valuation

$15B
Total Raised
Public
Latest Round
1983
Founded
8000+
Employees
3003 Tasman Drive, Santa Clara, CA 95054
1 min read

Quick Facts

Valuation
$18B
Latest Round Size
$15B
Latest Round Date
January 2024

SVB Financial Group: Public Funding Round

SVB Financial Group has successfully raised $15B in Public funding, reaching a valuation of $18B.

Company Overview

Bank holding company (acquired)

Funding Details

The Public round was led by First Citizens Bank.

Company Information

  • Headquarters: 3003 Tasman Drive, Santa Clara, CA 95054
  • Founded: 1983
  • Employees: 8000+
  • Category: Banking

Investment

SVB Financial Group plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • First Citizens Bank: Verified investor in Public

Key Investors

First Citizens Bank
Lead Investor
Verified investor in Public

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources