Bridgewater Bancshares, Inc., a wholly-owned subsidiary of Bridgewater Bancshares, Inc., was established on December 28, 2016 and is a financial holding company headquartered in Bloomington, Minnesota. The company describes itself as "founded, funded and focused on entrepreneurs", a focus that underpins everything the company does for its clients. Founded in 2005, the company's banking subsidiary, Bridgewater Bank, is a major bank formed by a group of industry veterans and local business leaders to meet the diverse needs of commercial real estate investors, small business entrepreneurs and high net worth individuals. Its investors are strong local supporters and part of an expanding referral network that continues to bring new clients to the Bank.