1ST & MAIN GROWTH PARTNERS
1ST & MAIN GROWTH PARTNERS is a Series C+ fund in the US investing in AI, Fintech and financial-software.
- Stages
- Series C+
- Sectors
- AI, Fintech, financial-software
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 1986
- Assets under management
- $680.41M
- Website
- thebancfunds.com
Check size not disclosed
Thesis
1st & Main Growth Partners, formerly The Banc Funds Company, is a Chicago-based private equity firm founded in 1986. They specialize in the financial services and fintech sectors within the United States. Their strategy focuses on investing in undervalued subregional financial services companies, including community banks, savings banks, savings & loans, small investment managers, and regional investment banks, with assets under $700 million. The firm has also expanded into fintech, investing in financial software, payments, core systems, online lending, AI, and blockchain, leveraging their deep understanding of the regulated financial services industry. As of April 28, 2026, they manage $680.41 million in AUM across 3 active private funds. Their geographic scope is primarily the United States, and they focus on growth-oriented investments.
Common questions
Does 1ST & MAIN GROWTH PARTNERS invest at the Series C+ stage?
Yes. 1ST & MAIN GROWTH PARTNERS lists Series C+ among the stages it invests in.
Where does 1ST & MAIN GROWTH PARTNERS invest?
1ST & MAIN GROWTH PARTNERS invests in the US.