FundedIQ
Financial Services

Bank Labs: Funding, Investors & Team (Oct 2026)

Bank Labs, founded by community bankers, caters specifically to the needs of community banks. They consistently develop ingenious mobile technology solutions aimed at enhancing efficiency, freeing up time for building relationships, and offering various FinTech marketplace choices to broaden business prospects. Bank Labs remains firmly dedicated to ceaseless efforts in building web-based mobile applications that contribute to the competitive edge of community banking.

www.banklabs.com LinkedIn Little Rock, United States 11-50 employees
Total raised
$3.3M
Rounds
2
Latest
Undisclosed round
Dec 2024

Bank Labs has raised $3.3M across 2 funding rounds on record, the most recent an undisclosed round of $3.3M announced in Dec 2024.

That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Bank Labs Company Profile and Key Stats

Total funding raised
$3.3M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
$3.3M in Dec 2024
Employees
11-50
reported band
Headquarters
Little Rock, United States

Latest funding round on record: Dec 2024.

Bank Labs Funding Rounds

Date
Round
Amount
Undisclosed round
$3.3M
Undisclosed round
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Bank Labs announced an undisclosed round in Jul 2023; the amount was not disclosed.

1.4 years later, an undisclosed round of $3.3M was announced in Dec 2024.

Bank Labs Founders and Leadership Team

Name
Role
Contact
Michael E Montgomery
Founder
—

No contact details are on record for this team yet.

Bank Labs Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Bank Labs' latest round of $3.3M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Bank Labs in Financial Services and Little Rock

Companies Similar to Bank Labs

Bank Labs Funding FAQs

What does Bank Labs do?

Bank Labs, founded by community bankers, caters specifically to the needs of community banks. They consistently develop ingenious mobile technology solutions aimed at enhancing efficiency, freeing up time for building relationships, and offering various FinTech marketplace choices to broaden business prospects. Bank Labs remains firmly dedicated to ceaseless efforts in building web-based mobile applications that contribute to the competitive edge of community banking.

How much funding has Bank Labs raised?

Bank Labs has raised $3.3M across 2 rounds on record. The most recent is an undisclosed round of $3.3M announced in Dec 2024.

When did Bank Labs last raise funding?

Bank Labs' most recent funding round on record is an undisclosed round of $3.3M, announced in Dec 2024.

Who founded Bank Labs?

FundedIQ lists Michael E Montgomery (Founder) at Bank Labs.

Where is Bank Labs headquartered?

Bank Labs is based in Little Rock, Arkansas, United States.

How many employees does Bank Labs have?

Bank Labs is in the 11-50 employee band.

How does Bank Labs' funding compare to other Financial Services startups?

Bank Labs' latest round of $3.3M is below the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.

About FundedIQ's Bank Labs Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bank Labs is left off this page rather than filled in.

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