How much has Cross River Bank raised?
Cross River has disclosed at least $775 million-plus in equity financing, with the largest round being a $620 million 2022 financing co-led by Eldridge and Andreessen Horowitz at a reported $3 billion-plus valuation. A 2026 $50 million raise added capital for AI, crypto, and embedded finance.
- Total raised
- $775M+ disclosed equity
- Disclosed rounds
- 2016, 2018, 2022, 2026
- Latest round
- $50M common equity (2026)
- Latest valuation
- $3B+ reported in 2022
- First raised
- 2016 institutional round
- Notable backer
- Andreessen Horowitz
Cross River Bank's funding rounds
Cross River's capital stack reflects a bank-fintech hybrid: venture/growth equity plus regulated banking economics.
- Oct 2016Institutional round - about $28-30MBattery Ventures, Andreessen Horowitz, and Ribbit Capital backed Cross River's early fintech bank strategy.
- Dec 2018Growth round - $100MLed by KKR, with participation from a16z, Battery, and Ribbit.
- Mar 2022Growth round - $620M at $3B+ valuationLed by Eldridge and Andreessen Horowitz, with T. Rowe Price-advised accounts, Whale Rock, Hanaco, and others participating.
- Mar 2026Common equity - $50MT. Rowe Price-advised accounts and existing investors provide new capital for AI, crypto, embedded finance, and global expansion.
How much has Cross River Bank raised in total?
The clean disclosed equity total is at least about $775 million-plus from the 2016, 2018, 2022, and 2026 rounds. Some third-party databases report higher totals when including debt or additional financing.
Who are Cross River Bank's investors?
Investors include Andreessen Horowitz, Eldridge, T. Rowe Price-advised accounts, KKR, Battery Ventures, Ribbit Capital, Whale Rock, Hanaco, and other existing investors.
Why did the valuation move?
The 2022 valuation above $3 billion reflected Cross River's role as critical fintech infrastructure during a strong embedded-finance cycle. Later valuation movement is not publicly reset in the 2026 announcement.
Is Cross River profitable, and will it IPO?
Cross River is a regulated private bank holding company and does not publish startup-style ARR/profitability updates. IPO timing has not been officially announced.
What does Cross River Bank's funding mean if you sell into them?
New capital supports bank-grade technology, AI, risk, crypto, payments, compliance, and international expansion. Vendors should expect banking vendor diligence, security review, legal review, and compliance ownership.
As of June 2026.Sources:Cross River $620M roundCross River $50M 2026 rounda16z investment list
Cross River Bank — frequently asked questions
