Banyan (Business/Productivity Software) Overview
- Year Founded
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2019
- Status
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Acquired/Merged
- Employees
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32
- Latest Deal Type
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M&A
Banyan (Business/Productivity Software) General Information
Description
Developer of a receipt data platform designed to help retailers eliminate receipts and understand the customers. The company's infrastructure to deliver products, marketing, and servicing experiences that unlock operating efficiencies, and revenue growth, and unlock and activate item-level receipt data to power their commercial and consumer applications at scale, enabling the merchants, banks, and fintech to collaborate securely.
Contact Information
Website
www.banyan.com(Operating Subsidiary)
Corporate Office
- 101 Crawfords Corner Road
- Suite 4116
- Holmdel, NJ 07733
- United States
Corporate Office
- 101 Crawfords Corner Road
- Suite 4116
- Holmdel, NJ 07733
- United States
Banyan (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 13-Mar-2025 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 12-Jul-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 20-Oct-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 18-Feb-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 14-May-2021 | $1.5M | $1.5M | Completed | Generating Revenue | |
| 1. Grant | 18-Oct-2019 | $10K | Completed | Startup |
Banyan (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Series A-NV | ||||||||
| Series A-9 | ||||||||
| Series A-8 | ||||||||
| Series A-7 | ||||||||
| Series A-6 | ||||||||
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | 33,445 | $0.000010 | $0.3 | $0.3 | 1x | $0.3 | 0.12% | |
| Series A-2 | 252,035 | $0.000010 | $0.3 | $0.3 | 1x | $0.3 | 0.91% |
Banyan (Business/Productivity Software) Comparisons
Industry
Financing
Details
Banyan (Business/Productivity Software) Competitors (70)
One of Banyan (Business/Productivity Software)’s 70 competitors is Cardfree, a Formerly VC-backed company based in Sausalito, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cardfree | Formerly VC-backed | Sausalito, CA | ||||
| Vinculum (Business/Productivity Software) | Venture Capital-Backed | Noida, India | ||||
| Connectivity | Formerly VC-backed | Los Angeles, CA | ||||
| Volusion | Private Equity-Backed | Austin, TX | ||||
| Market Engine Global | Corporate Backed or Acquired | Melbourne, Australia |
Banyan (Business/Productivity Software) Patents
Banyan (Business/Productivity Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250165961-A1 | Correlation using deterministic data | Pending | 16-Nov-2023 | ||
| US-11816659-B2 | Systems and methods of auxiliary transaction security, validation, recordation, and tracking | Active | 15-Jul-2021 | ||
| US-20230018316-A1 | Systems and methods of auxiliary transaction security, validation, recordation, and tracking | Active | 15-Jul-2021 | ||
| WO-2023287581-A1 | Systems and methods of auxiliary transaction security, validation, recordation, and tracking | Inactive | 15-Jul-2021 | G06F21/6254 |
Banyan (Business/Productivity Software) Signals
Banyan (Business/Productivity Software) Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Akuna Capital | Hedge Fund | Minority | ||
| Bridge Bank | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| Dorm Room Fund | Venture Capital | Minority | ||
| Elizabeth Street Ventures | Venture Capital | Minority |
Banyan (Business/Productivity Software) FAQs
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When was Banyan (Business/Productivity Software) founded?
Banyan (Business/Productivity Software) was founded in 2019.
-
Where is Banyan (Business/Productivity Software) headquartered?
Banyan (Business/Productivity Software) is headquartered in Holmdel, NJ.
-
What is the size of Banyan (Business/Productivity Software)?
Banyan (Business/Productivity Software) has 32 total employees.
-
What industry is Banyan (Business/Productivity Software) in?
Banyan (Business/Productivity Software)’s primary industry is Business/Productivity Software.
-
Is Banyan (Business/Productivity Software) a private or public company?
Banyan (Business/Productivity Software) is a Private company.
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What is Banyan (Business/Productivity Software)’s current revenue?
The current revenue for Banyan (Business/Productivity Software) is .
-
How much funding has Banyan (Business/Productivity Software) raised over time?
Banyan (Business/Productivity Software) has raised $84.9M.
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Who are Banyan (Business/Productivity Software)’s investors?
Akuna Capital, Bridge Bank, , Dorm Room Fund, and Elizabeth Street Ventures are 5 of 20 investors who have invested in Banyan (Business/Productivity Software).
-
Who are Banyan (Business/Productivity Software)’s competitors?
Cardfree, Vinculum (Business/Productivity Software), Connectivity, Volusion, and Market Engine Global are some of the 70 competitors of Banyan (Business/Productivity Software).
-
When was Banyan (Business/Productivity Software) acquired?
Banyan (Business/Productivity Software) was acquired on 13-Mar-2025.
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Who acquired Banyan (Business/Productivity Software)?
Banyan (Business/Productivity Software) was acquired by Bilt Technologies.
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