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2023 Revenue

$22.6M

Funding

$0

Team

117

How Grasshopper Bank CEO Mike Butler grew to $22.6M revenue with a 117 person team in 2023.

Grasshopper Bancorp, Inc. is a Delaware-chartered corporation and serves as the bank holding company for Grasshopper Bank, N.A. This Bank is a national entity that provides a comprehensive range of commercial banking products specifically tailored to meet the needs of innovation economy companies, as well as the venture capital firms that support them. Located in New York City, which ranks as the second-largest venture capital funding hub in the United States, Grasshopper Bank is at the forefront of offering innovative, cloud-based banking solutions. These financial services are designed to assist the leaders of innovative, both emerging and established, companies in managing their financial operations more effectively and efficiently.

Grasshopper Bank is continuously on the lookout for talented, driven, and visionary individuals to strengthen its team. If there's no open position that matches your skill set, you are encouraged to forward your resume to [email protected], indicating your interest in future opportunities.

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Grasshopper Bank Revenue

In 2023, Grasshopper Bank's revenue reached $22.6M. Since its launch, Grasshopper Bank has shown consistent revenue growth.

Grasshopper Bank Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M2023$23MSource: GetLatka.com
YearMilestoneQuote
2023Grasshopper Bank Hit $22.6m revenue in December 2023

Grasshopper Bank Valuation, Funding Rounds

Grasshopper Bank is a bootstrapped Venture Capital startup that has reached $22.6M in revenue with no outside investment.

No funding has been reported for Grasshopper Bank yet.

Founder / CEO

Mike Butler

Mike Butler is listed as Founder / CEO at Grasshopper Bank.

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Customers

We do not have customer count information for Grasshopper Bank yet.

Grasshopper Bank Employees & Team Size

Grasshopper Bank employs approximately 117 people as of 2026, up from 105 in 2022.

Grasshopper Bank Team GrowthReported headcount over time025507510012520222023105105117117Source: GetLatka.com
YearMilestone
2023Reached 117 employees (December 2023)
2022Reached 105 employees (December 2022)

Frequently Asked Questions about Grasshopper Bank

What is Grasshopper Bank's revenue?

Grasshopper Bank generates $22.6M in revenue.

Who founded Grasshopper Bank?

Grasshopper Bank was founded by Mike Butler.

Who is the CEO of Grasshopper Bank?

The CEO of Grasshopper Bank is Mike Butler.

How much funding does Grasshopper Bank have?

Grasshopper Bank raised $0.

How many employees does Grasshopper Bank have?

Grasshopper Bank has 117 employees.

Where is Grasshopper Bank headquarters?

Grasshopper Bank is headquartered in New York, New York, United States.

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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Grasshopper Bank Revenue 2023: $22.6M ARR (Bootstrapped)