GrandBanks Capital
United States
2021 Revenue
$3M
Team
36
Founded
2000
GrandBanks Capital Revenue (2021)
GrandBanks Capital generated $3M in revenue 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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | GrandBanks Capital Hit $3m revenue in April 2021 | Not recorded |
| 2000 | Launched with $0 revenue |
Founder / CEO
Charley Lax
CEO
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.
GrandBanks Capital Employees & Team Size
GrandBanks Capital employs approximately 36 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 36 employees (April 2021) | Not recorded |
Frequently Asked Questions about GrandBanks Capital
Is GrandBanks Capital still operating?
No. GrandBanks Capital has shut down.
What is GrandBanks Capital's revenue?
As of 2021, GrandBanks Capital generated $3M in revenue.
Who founded GrandBanks Capital?
GrandBanks Capital was founded by Charley Lax.
When was GrandBanks Capital founded?
GrandBanks Capital was founded in 2000.
How many employees does GrandBanks Capital have?
As of 2021, GrandBanks Capital had 36 employees.
Where is GrandBanks Capital headquartered?
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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