Grasshopper Bank, a NYC-based new commercial venture bank built for innovation economy companies and the venture capital firms that fund them, appointed Jeremy Shure as its Global Head of Early Stage Practice.
In this role, Shure will lead the bank’s work with early-stage founders and their companies, as well as its engagement with constituents across the innovation economy.
In addition, he will help to define and execute on the Bank’s mission to deliver a best-in-class banking experience for founders and funds.
Shure joins from Silicon Valley Bank, where he was a Managing Director and led its Early Stage Practice on the East Coast. He is a Kauffman Fellow, and has significant experience in startups and technology, law, and venture capital.
He also sits on the Advisory Board of the Techstars Foundation, to support inclusion and diversity in tech, and the National Advisory Board of Active Minds, which works to eliminate the stigma around mental health on college campuses.
Shure’s hire follows on the appointment of Barbara Fleming as Head of Private Equity and Venture Capital Relationships on July 30.
Grasshopper Bancorp is a Delaware chartered corporation and the bank holding company of Grasshopper Bank, N.A., which offers a full array of commercial banking products to innovation economy companies and the venture capital firms that fund such companies. It also delivers cloud-based banking solutions and financial services that enable the leadership of innovative, emerging, and established companies more efficiently address the day-to-day challenges of their financial operations.
Grasshopper Bank opened for a select group of initial clients on May 13, 2019. It raised over $131 million in initial funding, believed to be the largest capital raise for a start-up bank in the United States.