Founders Ecosystem Bank

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Northstar Ventures

Fund · four legal entities · as of August 15, 2026 · 9:42 AM PT

On deposit
$2,080,000
Insured
$680,000
Above entity limits
$1,100,000
Not counted
$300,000

Deposit placement

Enrolled · reciprocal

Above entity limits

$1,100,000

Placed

$1,100,000

$1,100,000 placed through the network. The client controls this election on their protection-status screen.

Open items

Independent-activity review · Northstar Opportunities SPV I, LLC

Contributes no coverage while open. The determination decides whether it stands as its own depositor.

12 CFR 330.11 disregards an entity not engaged in an independent activity and treats its deposits as owned by the persons behind it. The determination is the bank’s.

Independent activity

Stands as its own depositor.

Insured becomes $930,000 (+$250,000)

No independent activity

Deposits collapse into Northstar Management Company, LLC.

Insured becomes $750,000 (+$70,000)

Incoming wire announced · Ridgeline Summit Partners, LP

Settles today, 3:00 PM PT. The client can see the projected position before it posts.

Entities and accounts

Northstar Ventures Fund I, LP

Delaware LP

$1,200,000

$250,000 insured · $0 headroom

  • Operating••••4182Checking$742,000
  • Capital call••••4183Savings$458,000

Northstar Ventures Fund II, LP

Delaware LP

$400,000

$250,000 insured · $0 headroom

  • Operating••••5107Checking$265,000
  • Follow-on reserve••••5108Savings$135,000

Northstar Management Company, LLC

Delaware LLC

$180,000

$180,000 insured · $70,000 headroom

  • Operating••••2290CheckingPayroll, Tax reserve, Vendor float · $69,000 unallocated$180,000

Northstar Opportunities SPV I, LLC

Delaware LLC

Independent-activity review opened Aug 14 · pending bank determination

$300,000

Not counted · review open

  • Escrow••••7714Checking$300,000

Connections

  • Halide Robotics, Inc. · Series A · lead · via Northstar Ventures Fund II, LPConnected · shares balances, coverage
  • Tessellate Systems, Inc. · Seed · participating · via Northstar Ventures Fund II, LPBanks elsewhere
  • Cobalt Nine, Inc. · Seed · participating · via Northstar Ventures Fund II, LPInvitation pending

History

DateAccountDescriptionMethodAmount
Aug 14OperatingCapital call receipt — 4 LPsACH+$180,000
Aug 13OperatingChen & Okafor LLPDomestic wire$42,000
Aug 12OperatingMeridian Fund ServicesACH$18,500
Aug 7OperatingTransfer from Capital callInternal transfer+$300,000
Aug 1OperatingQ2 distribution — 12 LPsDomestic wire$495,000
Aug 7Capital callTransfer to OperatingInternal transfer$300,000
Aug 6Capital callLP commitments drawn — 9 LPsACH+$610,000
Jul 28Capital callLumen Capital Pte LtdInternational wire+$148,000
Aug 13OperatingTessellate Systems, Inc.Domestic wire$150,000
Aug 11OperatingManagement feeInternal transfer$62,000
Aug 6OperatingCapital call receipt — 7 LPsACH+$420,000
Aug 6Follow-on reserveReserve allocationInternal transfer+$135,000
Prototype · Illustrative data