List of 800+ companies affected by SVB collapse

• Commitment to our readers

  18 years

  Helping you save money

  Reviewed

  by experts

  Cited by

  major publications

  Finder maintains full editorial independence to ensure for our readers a fair assessment of the products, brands, and services we write about. That independence helps us maintain our reader's trust, which is what keeps you coming back to our site. We uphold a rigorous editorial process that ensures what we write and publish is fair, accurate, and trustworthy — and not influenced by how we make money.

  We're committed to empowering our readers to make sound and often unfamiliar financial decisions.

  We break down and digest information information about a topic, product, brand or service to help our readers find what they're looking for — whether that's saving money, getting better rewards or simply learning something new — and cover any questions you might not have even thought of yet. We do this by leading with empathy, leaning on plain and conversational language that speaks directly, without speaking down.

Silicon Valley Bank, a popular digital bank for startups that was founded in 1983, collapsed last Friday after the FDIC took it over, citing “inadequate liquidity and insolvency.” The Federal Deposit Insurance Corporation — more commonly known as the FDIC — seized SVB’s $209 billion in assets, making it the biggest bank to fail since the 2008’s Great Recession.

Companies affected by the shutdown include a range of startups and tech companies, many issuing public statements over the weekend detailing how much money they held with the bank and advising a pause in payroll account access is regained.

Here are some companies known to have worked with Silicon Valley Bank, updated as news rolls in.

Must read: 12 alternatives to Silicon Valley Bank

Finder has done its best to vet that companies listed in this table had some dealings with SVB at some point in the past. Please contact us if you find an error.

What Silicon Valley Bank’s shutdown means for customers

The FDIC issued a press release on March 12, 2023, announcing that it had immediately transferred all insured deposits to the newly created Deposit Interest National Bank of Santa Clarita (DINB). The FDIC assured depositers full access to their insured deposits by Monday, March 13, 2023.

For depositers whose assets total more than the $250,000 covered by the FDIC’s standard insurance, the FDIC has announced it will pay “an advance dividend within the next week” with possible “future dividend payments” as the government sells off SVB’s assets.

The FDIC advises customers whose accounts total more than $250,000 to call 866-799-0959 for more information.

Image: Getty

Who is most likely to be researching companies impacted by the SVB collapse?

Finder data suggests that men aged 25-34 are most likely to be researching this topic.