Fundz

Black Banks To Provide Financing For $45,000,000 Deer District Hotel Development In Milwaukee

PRIVATEDec 16, 2021

Round Type

Funding Round

MilwaukeeFinancial ServicesSoftwareMobile

Description

The National Black Bank Foundation announced Thursday that a pair of Black-owned banks are participating in a $45,000,000 transaction to develop The Trade, a new Autograph Collection® hotel by Marriott at the steps of the Fiserv Forum in Milwaukee's Deer District.

Quick answer

Banks raised an undisclosed amount in a Funding Round round, dated December 16, 2021. Banks is based in Milwaukee, Wisconsin, United States.

How much did Banks raise?
Banks raised an undisclosed amount in a Funding Round round on December 16, 2021.
What does Banks do?
Because most Black banks have scant Tier 1 capital on which to draw, their impact in the communities they serve has been limited.
Where is Banks based and how big is it?
Banks is based in Milwaukee, Wisconsin, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Mobile around the same time

Companies in the same sectors as Banks that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Kafene, Inc. raised $15M on January 18, 2022.
  • Get Paid raised $1.1M (Seed) on January 14, 2022.
  • Columbia Sportswear raised $352K (Seed) on January 11, 2022.
  • Parler raised $20M (Funding Round) on January 7, 2022.

Who to call at Banks, and when

A new round usually means Banks is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Banks raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Banks, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Banks. With Fundz connected, it knows.

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Company Information

Company

Banks

Location

Milwaukee, Wisconsin, United States

About

Because most Black banks have scant Tier 1 capital on which to draw, their impact in the communities they serve has been limited.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Banks raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Banks's next move

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Banks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.