# Industrial Bank: portfolio, investments and team

> Industrial Bank is a vc firm based in China. 3 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

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

China · [Investor](https://millionrounds.com/investors)

# Industrial Bank

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series B Identity Management Security

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **2568** days **00** hrs **00** min **00** sec

Median round **$108M** Rounds led **0 of 3**

Pitch Industrial Bank

## Industrial Bank highlights

- 01 3 rounds on record
- 02 Mostly Series B: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Identity Management Security
- **Based in:** Washington, China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2019** 1 round
- **Oct** **[Gambol Pet Group](https://millionrounds.com/company/gambol-pet-group)** Series B · CN · DealStreetAsia **$70M** With 1 other
- **2018** 2 rounds
- **Apr** **[WTOIP.com](https://millionrounds.com/company/wtoip-com)** CN · China Money Network **$108M** With 4 others
- **Feb** **[Farasis](https://millionrounds.com/company/farasis)** CN · China Money Network **$790M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 5 we have independently watched raise

Choose the one Ibbusiness Ibpersonal Orderpoint Yourmortgageonline

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Series B

Median round joined **$108M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2019

Rounds by stage said on their site

- Series B *1*

Cheques by year Led Joined

2018 2019

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## Recently backed

The latest companies Industrial Bank put money into.

[**Gambol Pet Group** $70M · Oct 2019](https://millionrounds.com/company/gambol-pet-group)

## Quick answers about Industrial Bank

### What does Industrial Bank invest in?

Industrial Bank invests most often at Series B (100% of the rounds on record), in sectors such as Identity Management and Security.

### How active is Industrial Bank?

3 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2019.

### What has Industrial Bank invested in recently?

Its most recent investments on record: Gambol Pet Group (Series B, Oct 2019), WTOIP.com (Undisclosed round, Apr 2018) and Farasis (Undisclosed round, Feb 2018).

### How big are Industrial Bank's cheques?

The median round it joins is $108M.

### Is Industrial Bank investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### What kind of investor is Industrial Bank?

Industrial Bank is a VC firm based in Washington, China.

### When was Industrial Bank founded?

Industrial Bank was founded in 1934.

### Where does this information on Industrial Bank come from?

From 3 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=industrial-bank) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=industrial-bank)
