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Grasshopper Bank
Fintech · New York City, United States · Founded 2016
Digital bank serving small businesses, startups, and investors supporting them across the innovation economy MoreLess
Grasshopper Bank is a digital-first financial institution designed to meet the unique needs of businesses, particularly startups and fintech companies. Operating in the digital banking sector, Grasshopper Bank offers a comprehensive suite of financial services that include seamless payment solutions, flexible financing options, and modern APIs to power fintech innovations. The bank serves a diverse range of clients, from early-stage startups to established firms, providing them with tools to manage their finances efficiently and drive growth.
Grasshopper Bank's business model revolves around offering digital banking services that are accessible anytime, anywhere. Clients can make and schedule payments via check or ACH, send digital invoices, and deposit checks using their mobile devices. The bank also provides various financing solutions, including commercial real estate financing and growth financing for SaaS companies through partnerships with firms like Capchase. By leveraging its innovative platform and experienced team, Grasshopper Bank aims to propel businesses forward, ensuring they have the financial support needed at every stage of their lifecycle.
The bank generates revenue through a combination of service fees, interest on loans, and partnerships with fintech companies. Its digital-first approach not only reduces operational costs but also enhances customer experience by offering hassle-free, efficient banking solutions.
Keywords: Digital banking, business financing, fintech APIs, seamless payments, commercial real estate loans, SaaS growth financing, mobile check deposits, digital invoices, startup support, innovative platform.
Company overview
Grasshopper Bank company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2016
- Headquarters
- New York City, United States
- Employees
- 178
- Open positions
- 11
- Dealroom signal
- 85.0
- Investment activity
- 4 companies · latest Jun 2025
- Capital deployed
- $11M
- Preferred round
- ACQUISITION
Valuation & funding
Grasshopper Bank funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Dec 2025 | $0 | — | Enova International | ↗ |
| GROWTH EQUITY VCOther financing | Aug 2025 | $47M | — | Patriot Financial Partners · Glendon Capital Management | ↗ |
| LATE VCOther financing | Jun 2022 | $30M | $122M | Patriot Financial Partners · FJ Capital Management · GCP Capital Partners · Endeavour Capital Advisors | ↗ |
| SEEDOther financing | May 2019 | $15M | $60M | Undisclosed | — |
| SEEDOther financing | Jan 2019 | $15M | $60M | TACK Ventures | — |
Growth signals
Grasshopper Bank website traffic
Latest recorded traffic for Grasshopper Bank is 110K monthly website visits, up 0% over the last three months. Grasshopper Bank's team grew 5.3% over the past year.
Hiring
Open positions at Grasshopper Bank
Current openings linked to this company in Dealroom.
Comparisons
Grasshopper Bank compared with similar companies
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Capital deployed
Grasshopper Bank investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Talent graph
Grasshopper Bank's talent
Source: Dealroom Talent Intelligence.
Investors
8 investors on Grasshopper Bank's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Grasshopper Bank has talent and traffic
team presence
In the news
Latest news about Grasshopper Bank
Recent press, funding announcements, and product moves mentioning Grasshopper Bank — open to read from the original sources.
Market sentiment
What the market is saying about Grasshopper Bank
An AI-synthesized read of the highest-engagement posts about Grasshopper Bank on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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