GrandBanks Capital
Valuation
$9.1M
2021 Revenue
$3M
Funding
$0
Team
36
Founded
2000
How GrandBanks Capital CEO Charley Lax grew to $3M revenue with a 36 person team in 2021.
GrandBanks Capital is a venture capital firm that prefers to invest in early stage companies located primarily in the eastern part of the United States. It seeks to invest in companies operating in the internet infrastructure, software, software service, security, storage application, mobile media, financial technology, wireless technology and service sectors. Thenfirm was founded in 2000 and is based in Needham, Massachusetts.
Last updated
GrandBanks Capital Revenue
In 2021, GrandBanks Capital's revenue reached $3M. Since its launch in 2000, GrandBanks Capital has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | GrandBanks Capital Hit $3m revenue in April 2021 | |
| 2000 | Launched with $0 revenue |
GrandBanks Capital Valuation, Funding Rounds
GrandBanks Capital's most recent disclosed valuation is $9.1M.
GrandBanks Capital is a bootstrapped Other IT Infrastructure Software startup. Founded in 2000, GrandBanks Capital has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded Other IT Infrastructure Software SaaS company, GrandBanks Capital has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Charley Lax
Charley is the founder and Managing General Partner of GrandBanks Capital, focusing on investments in Internet infrastructure, software and software services, security and storage applications, mobile media, financial technologies and services, and wireless technologies and services. Charley's investment career includes investments in 48portfolio companies, which have resulted in 36 exits thus far. His track record includes 15 companies that went public, of which 10 achieved market caps in excess of $1 billion. The combined value of exits during Charley’s venture career has been over $6.1 billion which includes the $4.3 billion purchase of GeoCities by Yahoo!. Charley was recently named one of the top 50 venture capitalists on the east coast by AlwaysOn. Charley currently serves on the boards of a number of GBC companies, including; GlassHouse Technologies, KnowledgeVision, SendMe Mobile, SilverRail Technologies, TIM Group.
Q&A
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Customers
We do not have customer count information for GrandBanks Capital yet.
GrandBanks Capital Employees & Team Size
GrandBanks Capital employs approximately 36 people as of 2026.
| Year | Milestone |
|---|---|
| 2021 | Reached 36 employees (April 2021) |
Frequently Asked Questions about GrandBanks Capital
What is GrandBanks Capital's revenue?
GrandBanks Capital generates $3M in revenue.
Who founded GrandBanks Capital?
GrandBanks Capital was founded by Charley Lax.
Who is the CEO of GrandBanks Capital?
The CEO of GrandBanks Capital is Charley Lax.
How much funding does GrandBanks Capital have?
GrandBanks Capital raised $0.
How many employees does GrandBanks Capital have?
GrandBanks Capital has 36 employees.
Where is GrandBanks Capital headquarters?
GrandBanks Capital is headquartered in United States.
Compare GrandBanks Capital to the industry
GrandBanks Capital operates across multiple industries. Browse revenue, funding, and growth data for GrandBanks Capital in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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