Banyan Technology
2024 Revenue
$5.8M(Est.)
Customers
35K
Funding
$8M
Avg ACV
$165
Team
58
Founded
2001
Banyan Technology Revenue & Funding (2024)
Banyan Technology generated an estimated $5.8M in annual revenue in 2024. Source: GetLatka estimate
Developer of logistics management platform intended to be used for transportation management. The company's platform facilitates seamless integration of live carrier connections into business, enabling clients to see quotes directly from each of carriers on every shipment and compare quotes easily.
Last updated
Banyan Technology Revenue
In 2024, Banyan Technology's revenue reached $5.8M. The company previously reported $3.5M in 2023. Since its launch in 2001, Banyan Technology has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Banyan Technology Hit $5.8m revenue in October 2024 | Estimated |
| 2023 | Banyan Technology Hit $3.5m revenue in December 2023 | Estimated |
| 2021 | Banyan Technology Hit $3.6m revenue in April 2021 | Not recorded |
| 2001 | Launched with $0 revenue |
Banyan Technology Valuation, Funding Rounds
Banyan Technology has not publicly disclosed its valuation. The company has raised $8M in total funding to date.
Banyan Technology has raised $8M in total funding across 3 rounds, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Funding round | $7M | - | - | Not recorded |
| 2007 | Funding round | $600K | - | - | Not recorded |
| 2006 | Funding round | $350K | - | - | Not recorded |
Founder / CEO
Customers
Banyan Technology serves 35K customers.
Banyan Technology Employees & Team Size
Banyan Technology employs approximately 58 people as of 2026, up from 52 in 2023. It serves 35K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 58 employees (December 2024) | Not recorded |
| 2024 | Reached 60 employees (October 2024) | Not recorded |
| 2023 | Reached 52 employees (December 2023) | Not recorded |
| 2022 | Reached 58 employees (December 2022) | Not recorded |
| 2021 | Reached 64 employees (December 2021) | Not recorded |
| 2021 | Reached 54 employees (April 2021) | Not recorded |
Frequently Asked Questions about Banyan Technology
What is Banyan Technology's revenue?
As of 2024, Banyan Technology generated an estimated $5.8M in annual revenue.
When was Banyan Technology founded?
Banyan Technology was founded in 2001.
Who is the CEO of Banyan Technology?
The CEO of Banyan Technology is Brian Smith.
How much funding does Banyan Technology have?
Banyan Technology raised $8M across 3 rounds.
How many employees does Banyan Technology have?
As of 2024, Banyan Technology had 58 employees.
Where is Banyan Technology headquartered?
Banyan Technology is headquartered in Westlake, Ohio, United States.
Compare Banyan Technology to the industry
Banyan Technology operates across multiple industries. Browse revenue, funding, and growth data for Banyan Technology in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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