Cross River Announces $620 Million Capital Raise Led By Eldridge And Andreessen Horowitz To Accelerate Next Stage Of Growth
Amount Raised
$620 Million
Round Type
Funding Round
Description
CRB Group, Inc., the parent company of Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a $620 million financing. The round was led by Eldridge and Andreessen Horowitz, with participation from funds and accounts advised by T. Rowe Price Investment Management, Inc., Whale Rock and Hanaco Ventures. Several of Cross River’s existing investors and significant partners also participated in the round
Quick answer
Cross River raised $620 Million in a Funding Round round, dated March 30, 2022.
- How much did Cross River raise?
- Cross River raised $620 Million in a Funding Round round on March 30, 2022.
- What does Cross River do?
- Cross River is a fast-growing financial services organization that merges the forward-thinking offerings of a technology company with the established expertise and traditional services of a bank.
- Where is Cross River based and how big is it?
- Fundz records about 501 employees.
- Who are the decision-makers at Cross River?
- Fundz holds 1 contact at Cross River, including the Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Lending And Investments around the same time
Companies in the same sectors as Cross River that raised within 45 days of this round, from Fundz verified event records.
- Cushion raised $12M (Series A) on May 12, 2022.
- Apto Payments, Inc. raised $22M on May 12, 2022.
- Token.io raised $40M (Funding Round) on May 12, 2022.
- PicsArt, Inc. raised $9.2M on April 28, 2022.
- Fathom raised an undisclosed amount on April 25, 2022.
- InsurePay raised an undisclosed amount (Series B) on April 12, 2022.
Who to call at Cross River, and when
A new round usually means Cross River is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cross River raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cross River, from your own LinkedIn network
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Related People
Cross River raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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