# Climate First Bank funding: rounds and investors

> Climate First Bank has raised $97M across 2 rounds since 2025. Investors include Luminate and Wellington Management. Every round with its source.

Source: https://millionrounds.com/company/climate-first-bank (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Climate First Bank*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$97M** raised across 2 rounds since 2025, from 2 sources

**$30M** Debt **$67M** Growth

- **Latest round:** Growth, $67M Jun 2026
- **Step-up i:** 2.2×
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$30M** Debt

**$67M** Growth

- **First round:** Debt, $30M
- **Biggest round:** $67M
- **Between rounds:** 8 months

## The rounds

- **Jun 2026** Growth **$67M** *1 new* *1 returning* [Wellington Management](https://millionrounds.com/fund/wellington-management) [Luminate](https://millionrounds.com/fund/luminate-accelerator) Source recorded
- **Oct 2025** Debt **$30M** *1 new* [Luminate](https://millionrounds.com/fund/luminate-accelerator) Source recorded

## Founders and team

From Climate First Bank's own website: 4 on the team.

- **Felipe Ferreira** Executive Vice President, Director of Residential Lending
- **Matt Miller** Executive Vice President, Market President
- **Paul Pickhardt** Executive Vice President, Director of Government Guaranteed Lending
- **Lex Ford** CEO and President

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2025 **Growth** 2026 [Luminate](https://millionrounds.com/fund/luminate-accelerator) [Wellington Management](https://millionrounds.com/fund/wellington-management)

## Everyone who backed them

[Luminate](https://millionrounds.com/fund/luminate-accelerator) Accelerator **2** rounds

[Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=climate-first-bank).

## Also claim to have backed them

This firm lists Climate First Bank as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Radicle Impact](https://millionrounds.com/fund/radicle-impact-partners) VC firm Per its own site

## Quick answers about Climate First Bank

### Who invested in Climate First Bank?

Climate First Bank's investors include Luminate and Wellington Management.

### How much has Climate First Bank raised?

Climate First Bank has raised $97M across 2 rounds since 2025.

### When did Climate First Bank last raise?

Climate First Bank's most recent round was a Growth of $67M in Jun 2026.

### What was Climate First Bank's biggest round?

Its most recent round, $67M in Jun 2026, is also its largest on record.

### Who backed Climate First Bank first?

Climate First Bank's first round on record, in Oct 2025, was backed by Luminate.

### What stage is Climate First Bank at?

Climate First Bank's latest named round is a Growth, in Jun 2026.

### Where is Climate First Bank based?

Climate First Bank is based in the United States.

## Companies like Climate First Bank

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

## Find investors like these

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