Silicon Valley Bank
Also known as SVB, SVB (Silicon Valley Bank), First Citizens Innovation Banking
Bank startup program Santa Clara, United States Run by First Citizens BancShares Since 1983 innovation.firstcitizens.com
Overview
California bank founded in 1983 that specialised in startups, venture-backed companies and VC funds. It failed in March 2023 and its deposits and loans were taken over by First Citizens Bank, where it continued as a division. The SVB business now operates under the name First Citizens Innovation Banking.
What startups get
Banking for startups from pre-seed through IPO, including accounts, venture debt, treasury and payments, plus banking for VC and private equity funds and their LPs; no specific perks are listed.
Details
- Type
- Bank startup program
- Run by
- First Citizens BancShares
- Headquarters
- Santa Clara, United States
- Format
- Commercial bank
- Who can apply
- Startups, venture-backed companies and investment funds
- Stages
- Pre-seed, Seed, Early stage, Growth, Late stage
- Started
- 1983
- Status
- Active
- Website
- innovation.firstcitizens.com
About this data
Compiled from the program’s website, announcements, and press reports as of October 9, 2026. Terms, credits, and eligibility change between cohorts; confirm them with the program before applying. Alumni are examples, not a complete list.