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Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$14.92M

Valuation

$0000 

About North Avenue Capital

North Avenue Capital (NAC) is a specialized commercial lender exclusively originating, underwriting, and funding USDA Rural Development loans nationwide, using its knowledgebase, capital, and relationships to build businesses, grow economies, and create jobs in rural America. On September 21st, 2021, North Avenue Capital was acquired by Veritex Holdings at a valuation between $57.5M and $62.5M.

Headquarters Location

1901 North Akard Street

Dallas, Texas, 75201,

United States

866-526-4950

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Latest North Avenue Capital News

Veritex Holdings buys North Avenue Capital to offer USDA loans

Nov 2, 2021

Veritex Community Bank’s parent company Veritex Holdings has completed the acquisition of North Avenue Capital (NAC) for a cash consideration of $57.5m. Under the terms […] The post Veritex Holdings buys North Avenue Capital to offer USDA loans appeared first on Retail Banker International.

North Avenue Capital Frequently Asked Questions (FAQ)

  • When was North Avenue Capital founded?

    North Avenue Capital was founded in 2014.

  • Where is North Avenue Capital's headquarters?

    North Avenue Capital's headquarters is located at 1901 North Akard Street, Dallas.

  • What is North Avenue Capital's latest funding round?

    North Avenue Capital's latest funding round is Acquired.

  • How much did North Avenue Capital raise?

    North Avenue Capital raised a total of $14.92M.

  • Who are the investors of North Avenue Capital?

    Investors of North Avenue Capital include Veritex Holdings.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

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