Banyan Technology logo
Founded 2001

Banyan Technology

2021 Revenue

$3.6M

YOY

Funding

$8.0M

Overview

About Banyan Technology

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.

Monthly Revenue

$303.5K

Total Expenses

$303.5K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

ElyriaOhioUnited States

Banyan Technology Revenue vs Funding

$Funding$Revenue

Banyan Technology Revenue

In 2021, Banyan Technology revenue run rate hit $3.6M in revenue.

$3.6M

Banyan Technology Valuation and Funding History

Banyan Technology has raised a total of $8.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
02/28/2017$7.0M
03/01/2007$600.0K
12/01/2006$350.0K

Customers

Banyan Technology has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Banyan Technology has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Banyan Technology has 54 employees.

2021
DistributionQty

Total Team Size

54

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Jim Walborn

Brian Smith has a proven track record of translating vision into result-oriented execution, and as CEO of Banyan Technology, he leads the company in developing new solution features and industry partnerships that optimize Banyan’s live carrier and API connectivity capabilities. Since joining Banyan, Brian has quickly positioned the company to lead an industry revolution – displacing decades-old technology for live connectivity that helps shippers, brokers and 3PLs boost efficiency and deliver permanent reductions in shipping costs. Additionally, Brian has spearheaded an acceleration in hiring across all departments, supported a full company rebrand and secured over $10 million in equity funding and financing. He is also a member of many industry associations and boards.


CEO Q&A

What's your age?

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Favorite online tool?

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Favorite book?

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Favorite CEO?

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Advice for 20 year old self

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Frequently Asked Questions about Banyan Technology

When was Banyan Technology founded?

Banyan Technology was founded in 2001.


Who is the CEO of Banyan Technology?

The CEO of Banyan Technology is Jim Walborn


How many employees does Banyan Technology have?

Banyan Technology has 54 employees.

How much revenue does Banyan Technology generate?

Banyan Technology generates $3.6M in revenue.


How much funding does Banyan Technology have?

Banyan Technology has raised $8.0M.


Where is Banyan Technology headquarters?

Banyan Technology is headquartered at ElyriaOhioUnited States

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