BanQu Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
31
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$7.24M
- Investors
-
12
BanQu General Information
Description
Developer of a cloud-based supply chain management software designed to capture economic transactions and the digital identity of the unbanked population. The company's software leverages blockchain technology to offer a secure, immutable, and distributed ledger of financial and personal records necessary to connect the unbanked to the global economy, enabling clients to automate compliance, track aid, and other interactions with unbanked communities.
Contact Information
Website
www.banqu.coCorporate Office
- 4100 Heatherton Place
- Minnetonka, MN 55345
- United States
Corporate Office
- 4100 Heatherton Place
- Minnetonka, MN 55345
- United States
BanQu Timeline
BanQu Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 16-Dec-2024 | $7.24M | Completed | Generating Revenue | ||
| 8. Later Stage VC (Series B) | 02-Apr-2022 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 13-Jul-2021 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 04-Jun-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
| 3. Angel (individual) | 22-Jun-2016 | Completed | Startup | |||
| 2. Seed Round | 01-Nov-2015 | $350K | $350K | Completed | Startup | |
| 1. Capitalization | Completed | Startup |
BanQu Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | 875,751 | $0.001000 | $10 | $10 | 1x | $10 | 29.17% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
BanQu Comparisons
Industry
Financing
Details
BanQu Competitors (30)
One of BanQu’s 30 competitors is Qlik Technologies, a Private Equity-Backed company based in King of Prussia, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Qlik Technologies | Private Equity-Backed | King of Prussia, PA | ||||
| Sovrn | Venture Capital-Backed | Boulder, CO | ||||
| Ignite | Venture Capital-Backed | Las Vegas, NV | ||||
| Riskified | Formerly VC-backed | New York, NY | ||||
| Multiply (Business/Productivity Software) | Venture Capital-Backed | Stockholm, Sweden |
BanQu Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
BanQu Patents
BanQu Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230351391-A1 | Transaction authorization and verification through distributed-ledger-based chain of custody | Pending | 28-Apr-2022 | ||
| EP-4270864-A1 | Transaction authorization and verification through distributed-ledger-based chain of custody | Pending | 28-Apr-2022 | ||
| US-20220052988-A1 | Managing permissions to access user data in a distributed ledger trust network | Active | 13-Nov-2018 | ||
| EP-3881270-A4 | Defining and managing forms in a distributed ledger trust network | Pending | 13-Nov-2018 | ||
| EP-3881270-A1 | Defining and managing forms in a distributed ledger trust network | Pending | 13-Nov-2018 | H04L9/3239 |
BanQu Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
BanQu Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BCCM Advisors | Hedge Fund | Minority | ||
| Brick Street Holdings | PE/Buyout | Minority | ||
| Rockefeller Foundation | Impact Investing | Minority | ||
| Unreasonable Impact | Impact Investing | Minority | ||
| Mexico Accelerator | Accelerator/Incubator |
BanQu FAQs
-
When was BanQu founded?
BanQu was founded in 2015.
-
Where is BanQu headquartered?
BanQu is headquartered in Minnetonka, MN.
-
What is the size of BanQu?
BanQu has 31 total employees.
-
What industry is BanQu in?
BanQu’s primary industry is Business/Productivity Software.
-
Is BanQu a private or public company?
BanQu is a Private company.
-
What is BanQu’s current revenue?
The current revenue for BanQu is .
-
How much funding has BanQu raised over time?
BanQu has raised $18.6M.
-
Who are BanQu’s investors?
BCCM Advisors, Brick Street Holdings, Rockefeller Foundation, Unreasonable Impact, and Mexico Accelerator are 5 of 12 investors who have invested in BanQu.
-
Who are BanQu’s competitors?
Qlik Technologies, Sovrn, Ignite, Riskified, and Multiply (Business/Productivity Software) are some of the 30 competitors of BanQu.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
