SunTrust Bank is an investment bank in Georgia that focuses on making banking easy. Founded 1891 in Atlanta, Georgia, United States, it invests in debt rounds. The bank is a statutory Delaware business trust formed by SunTrust for the sole purpose of issuing the preferred securities and investing in the debentures. Its portfolio companies include DrFirst, Finxact, Jam City, WaterBridge Resources, Fundation, Terressentia, Greenlight Financial Technology, BlueVine, Annapurna Pictures, and Related Group. As of March 2020, SunTrust Bank has made 23 investments. Their most recent investment was on April 24, 2019, when DrFirst raised $17M. SunTrust Bank has acquired seven organizations. As of March 2020, their most recent acquisition was Pillar Financial on October 20, 2016.
Timeline
Funded Companies
Greenlight Financial Technology is an Atlanta-based company offering a debit cards for kids parents can manage by app.
A company offering an online platform for small and medium-sized businesses to gain access to financial products.
Prosper is an online peer-to-peer lending marketplace connecting people who want to borrow money with individuals and institutions who want to lend money.
People
Dorinda C. Smith
President and Chief Executive Officer,SunTrust Mortgage
John Healy
Senior Vice President, Head of Strategic Sourcing and Corporate Functions Operations
Kenneth J. Carrig
Chief Human Resources Officer
Further reading
Documentaries, videos and podcasts
Companies
Fundation
Annapurna Pictures
BlueVine
DrFirst
Finxact
Jam City
Related Group
Terressentia
WaterBridge Resources
