
Orlando, FL – Climate First Bancorp, Inc. (www.climatefirstbank.com), a financial holding company operating Climate First Bank, a values-based FDIC-insured bank, and OneEthos, a Federal Reserve Bank-regulated fintech, recently announced they closed a new $67 million strategic funding round. The latest round was led by Wellington Management and Alliance Bernstein and brings the total raised by the Bancorp to $222 million on their fifth anniversary.
Brean Capital, LLC served as Sole Placement Agent for the private placement.
Key funding round details include: $67 million funding round led by Wellington Management and Alliance Bernstein; Total raised over five years, $222 million; and a total of 1,030 investors have participated.
Climate First Bank has experienced exponential growth, rising to nearly $2 billion in assets over five years. In 2025 alone, the bank generated more than $11.5 million in net-profit. The bank has financed more than $555 million in residential and commercial solar projects across all 50 states.
OneEthos, the Bancorp’s fintech arm, has generated over $450 million in solar loans and more than 9,300 individual solar projects since inception. Supporting a rapidly growing clean energy ecosystem, OneEthos also serves a nationwide network of over 8,000 solar sales representatives.
Recognized as the fastest growing new bank in America since 2009, Climate First Bank is the world’s first FDIC-insured, values based, digital community bank founded to combat the climate crisis. A Certified B Corp, 1% for the Planet member and operationally net-zero since it opened its doors in June 2021, the Bank offers a complete, full-service portfolio of simple and easy-to-use traditional banking products powered by technology to meet the expectations of today’s consumers. In addition to offering standard banking services, the company places a special emphasis on non-governmental organizations (NGOs) and businesses committed to sustainability. Eco-conscious customers will find dedicated loan options for solar photovoltaic (PV), energy retrofits and infrastructure to help combat the climate crisis. The Bank reports annually on its impact in line with corporate social responsibility goals. Read the most recent Impact Report here. Member FDIC. For more information, please visit: wwwclimatefirstbankcom.
OneEthos is a Certified B Corp, mission-driven fintech company. The company operates at the intersection of financial technology (fintech) and traditional banking with the objective of accelerating the delivery of sustainable and inclusive financial services to all segments of the population. OneEthos is one of the only fintech companies specializing in climate finance in the United States and regulated by the Federal Reserve Bank. The company’s mission is to enable Community Banks, Credit Unions, CDFIs, and Green Banks to grow their loan portfolios profitably and responsibly, providing access to banking products and services that have a positive impact on people, communities and the environment. For more information, please visit: www.oneethos.com.
Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 50 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle market businesses. Throughout its history, Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction. For more information, please visit: www.breancapital.com/InvestmentBanking.
Contact the Team
Interested to learn more about this transaction, or to discuss how Brean Capital can help your company achieve its strategic or financial goals, contact the team below:
Managing Director
(312) 523-3325
GGersack@breancapital.com
Managing Director
(404) 601-7211
LAleksandrov@breancapital.com