Funding round
Allica Bank Series D
Allica Bank, which works in business banking and savings account services in London, raised $155M in a Series D round announced on 25 Feb 2026, led by Ventura Capital, at a $1.20B post-money valuation. 5 firms took part, 3 of them already investors. It is Allica Bank's third venture round on record; the one before was a Series C in Dec 2022.
$155M
Amount raised
$1.20B
Post-money valuation
5
Investors
1 lead
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Allica Bank at $1.20B after the new money. The $155M bought investors about 13% of the company. It came 38 months after Allica Bank's Series C. It is 36% of the $425M Allica Bank has raised in the venture rounds on record. No later venture round is on record for Allica Bank.
Allica Bank's funding rounds
Allica Bank has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
Ventura Capital led the round with 4 other firms. Ventura Capital, Technology Crossover Ventures and Blue Owl Capital had backed Allica Bank before.
Lead investor
- backs 20 venture-backed companies existing investor
Also in the round
- GLG new investor
- Sona AM new investor
- Technology Crossover Ventures backs 86 venture-backed companies existing investor
- Blue Owl Capital backs 36 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Banks & ATMs, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| WeLab Banks & ATMs | 15 Jan 2026 | $220M | not disclosed | not named |
| Mercury Banks & ATMs | 20 May 2026 | $200M | $5.20B | Technology Crossover Ventures |
| Waymo Car Rental | 1 Feb 2026 | $16.00B | $126.00B | Alphabet and Dragoneer Investment Group |
| ElevenLabs Tech Companies | 4 Feb 2026 | $500M | $11.00B | Sequoia Capital |
| Temporal Tech Companies | 17 Feb 2026 | $300M | $5.00B | Andreessen Horowitz |
| Pharmaceutical Products | 5 Feb 2026 | $130M | not disclosed | Frazier Life Sciences and Venrock |
| Electronical Components Manufacturing | 23 Feb 2026 | $106M | not disclosed | 67 Capital and Marunouchi Innovation Partners |
| Lunar Energy Batteries | 4 Feb 2026 | $102M | not disclosed | B Capital and Prelude Ventures |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Allica Bank raise in its Series D round?
Allica Bank raised $155M in its Series D round, announced in Feb 2026.
Who led Allica Bank's Series D round?
Ventura Capital led it, with GLG, Sona AM, Technology Crossover Ventures and Blue Owl Capital.
What was Allica Bank's valuation at the Series D round?
$1.20B post-money.