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Radar · Banks in Minnesota

Best Banks Companies in Minnesota, United States

The 96 best Banks companies in Minnesota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bridgewater Bank.

96companies tracked
$106Mdisclosed funding
0unicorns
11have raised

Ranked: Best Banks companies in Minnesota

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Bridgewater Bank
Provider of a full-service banking solutions
$50M107 mo agoPublic—2005—1 award
2Border Bank
Commercial bank
$14M5 mo agoSeries B—1935——
3Salisbury Bank
Commercial bank
$10M126 mo agoAcquired—1868——
4Riverland
Provider of community banking services focused on relationship building
$10M97 mo agoSeries A—2005——
5Venture Bank
Commercial bank
$8M132 mo agoAcquiredDaniel Boeckermann
Co-Founder & Chairman
2001——
6The Bank of Elk River
Community bank providing business and personal financial services with digital solutions
$4M171 mo agoLate StageJohn Babcock
Chairman & CEO
1885—1 job opening · 1 award
7Signature Bank
Commercial bank
$4M199 mo agoAcquiredKen Brooks
Co-Founder & CEO
2003——
8Community Resource Bank
Community Resource Bank is a personal and business banking institution
$4M166 mo agoLate StageDenny Hanson
CEO & President
1878——
9Platinum Bank
Commercial bank
$976K196 mo agoAcquiredThomas Jacobson
President & CEO
2006—2 job openings
10Crown Bank
Commercial bank
$795K38 mo agoSeed—2000——
11Lakeview Bank
Commercial bank
$500K179 mo agoSeedTom Mork
CEO and Chairman of the Board
2004——
12First Bank Elk River
Commercial bank
$117K190 mo agoEarly StageBecky Wiehoff
CEO
1902—1 job opening

Top 12 Banks companies in Minnesota

#1
Series B · Minneapolis, Minnesota · founded 1935 · 109 employees
$14.2Mraised
▾

Commercial bank

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.1% of this cohort's audience · 14 engagements/post (1.8× cohort median)
Activity: 1 awards announced in 12 mo
Funding rounds
  • Dec 2025Series B$500K
  • Oct 2025Series B$500K
Tech stack
Adobe Audience ManagerAmazon S3Amazon Web ServicesAngularjsApple Icloud MailAudioeye
#2
Public · Bloomington, Minnesota · founded 2005 · 246 employees
$49.6Mraised
▾

Provider of a full-service banking solutions. It is a full-service financial institution offering a range of personal banking, commercial banking, and investment services. They aim to challenge conventional banking practices with an entrepreneurial approach, leveraging a team of experienced bankers and a local presence in the Twin Cities. The bank provides innovative digital banking solutions, including mobile banking and secure online access, to cater to the evolving needs of its clients.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 13.0% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jul 2017Conventional Debt$25M
  • Jul 2016Series C$27.5M
  • Sep 2015Series B$15M
  • Oct 2014Series A$425.6K
Investors
EJF Investments, Endeavour Capital Advisors, GCP Capital Partners, Castle Creek Capital
Tech stack
Adobe Audience ManagerBabelCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#3
Series A · Jordan, Minnesota · founded 2005 · 17 employees
$9.5Mraised
▾

Provider of community banking services focused on relationship building. It offers a range of personal and business banking products, including checking and savings accounts, loans, and cash management solutions. The bank prioritizes personalized service and building strong relationships with its clients. It aims to understand individual and business needs to provide tailored financial support and advice. Services are designed to meet the requirements of both individuals and organizations within the community.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 543 LinkedIn followers
Funding rounds
  • May 2018Series A$3.1M
  • Feb 2016Series A$5.1M
  • Jun 2014Seed$1.3M
Tech stack
Animate.CssCdnjsCloudflareCloudflare Bot ManagementCore-JsCrazy Egg
#4
Acquired · Lakeville, Minnesota · founded 1868 · 193 employees
$10Mraised
▾

Commercial bank

Funding rounds
  • Dec 2015Conventional Debt$10M
#5
Acquired · Bloomington, Minnesota · founded 2001 · 115 employees
$8.1Mraised
▾

Commercial bank

Funding rounds
  • Jun 2015Conventional Debt$8.1M
Founders & team
Daniel BoeckermannCo-Founder & Chairman
#6
Seed · Edina, Minnesota · founded 2000 · 31 employees
$795.1Kraised
▾

Provider of banking services intended to prioritize customer needs and move quickly. The company offers personalized financial services, local decision-making, and superior customer service, enabling small businesses and individuals to benefit from their expertise and grow.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 865 LinkedIn followers
Funding rounds
  • Apr 2023Seed$795.1K
Tech stack
Amazon AlbAmazon CloudfrontAmazon Web ServicesApache Http ServerAws Certificate ManagerBootstrap
#7
Late Stage · Elk River, Minnesota · founded 1885 · 95 employees
$4.5Mraised
▾

Community bank providing business and personal financial services with digital solutions. Offers a comprehensive suite of banking products and services, including business loans, checking and savings accounts, credit cards, and treasury management. For individuals, they provide checking, savings, CDs, IRAs, digital banking, financial planning, home loans, vehicle loans, and credit cards. They focus on empowering local businesses and helping individuals achieve their financial goals through personalized service and innovative solutions. They are committed to community engagement through charitable giving, events, and volunteering. Digital banking login, mobile banking app, and online resources provide convenient access to accounts and financial tools.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.8% of this cohort's audience · 17 engagements/post (2.3× cohort median)
Hiring: 1 hiring post in 12 mo (public) · hiring: Fraud Specialist
Activity: 1 awards announced in 12 mo
Funding rounds
  • Mar 2012PE$4.5M
Founders & team
John BabcockChairman & CEO
Investors
Metro Bank
Tech stack
AccessibeAmazon S3Amazon Web ServicesCart FunctionalityCloudflareCloudflare Bot Management
#8
Acquired · Minnetonka, Minnesota · founded 2003
$3.9Mraised
▾

Commercial bank

Funding rounds
  • Nov 2009Conventional Debt$3.9M
Founders & team
Ken BrooksCo-Founder & CEO
#9
Late Stage · Northfield, Minnesota · founded 1878 · 334 employees
$3.8Mraised
▾

Community Resource Bank is a personal and business banking institution

Founders & team
Denny HansonCEO & PresidentJames E LoeCEO & President
Investors
Northfield Bank
Tech stack
AccessibeCart FunctionalityCdnjsCloudflareCore-JsDivi
#10
Acquired · Oakdale, Minnesota · founded 2006
$976Kraised
▾

Commercial bank

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.8% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Credit Roles - All Levels, Executive Assistant to the President
Funding rounds
  • Jan 2010Seed$976K
Founders & team
Thomas JacobsonPresident & CEO
Tech stack
AccessibeBootstrapCloudflareCloudflare Bot ManagementDocusignElfsight
#11
Seed · Lakeville, Minnesota · founded 2004
$500Kraised
▾

Commercial bank

Funding rounds
  • Jun 2011Seed$500K
  • Jun 2011Conventional Debt—
Founders & team
Tom MorkCEO and Chairman of the Board
Tech stack
Cart FunctionalityCloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesHsts
#12
Early Stage · Elk River, Minnesota · founded 1902
$117.1Kraised
▾

Commercial bank

LinkedIn Pulse recent public activity · Jul 2026
Audience: 178 LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Commercial Lender
Founders & team
Becky WiehoffCEO
Tech stack
AccessibeAmazon S3Amazon Web ServicesCart FunctionalityCloudflareGoogle Analytics

Funding & investor landscape

$106Mtotal disclosed funding
12companies funded
18disclosed rounds
0rounds last 90 days
Most active investors
Blue Chip Venture1 rounds
Castle Creek Capital1 rounds
EJF Investments1 rounds
Endeavour Capital Advisors1 rounds
GCP Capital Partners1 rounds
Metro Bank1 rounds
Morgan Stanley1 rounds
National Community Investment Fund1 rounds
Northfield Bank1 rounds
US Bank1 rounds

Notable founders

Daniel Boeckermann
Co-Founder & Chairman · Venture Bank
John Babcock
Chairman & CEO · The Bank of Elk River
Ken Brooks
Co-Founder & CEO · Signature Bank
Denny Hanson
CEO & President · Community Resource Bank
James E Loe
CEO & President · Community Resource Bank
Thomas Jacobson
President & CEO · Platinum Bank
Tom Mork
CEO and Chairman of the Board · Lakeview Bank
Becky Wiehoff
CEO · First Bank Elk River
Craig Dahl
Chief Executive Officer · TCF Bank
Jeanne Crain
President and CEO · Bremer Bank
Ray Cabillot
CEO & Director · Park State Bank
Prism market signals · United States · country-scoped Prism corpus, 12,294,223 docs

Market landscape — 10 sub-themes by coverage

Share of Banks coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Banks companies are there in Minnesota, United States?
Radar tracks 96 indexable Banks companies headquartered in Minnesota, United States that meet our profile-completeness bar.
What is the total funding raised by Banks companies in Minnesota, United States?
The Banks companies in Minnesota, United States on this list have raised a combined $106M in disclosed equity funding across 12 funded companies.
Which is the highest-funded Banks company in Minnesota, United States?
Bridgewater Bank is the highest-funded Banks company in Minnesota, United States, with $49.6M in disclosed equity funding.
How many Banks companies in Minnesota, United States are funded?
12 of the 96 Banks companies in Minnesota, United States on this list have disclosed at least one equity funding round.
How many Banks unicorns are there in Minnesota, United States?
None of the Banks companies in Minnesota, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Minnesota, United States Banks companies?
The most active investors in Minnesota, United States Banks companies on this list include Blue Chip Venture, Castle Creek Capital, EJF Investments, Endeavour Capital Advisors, GCP Capital Partners.
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