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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
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.
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 | - | - | |
| 2007 | Funding round | $600K | - | - | |
| 2006 | Funding round | $350K | - | - |
Chief Strategy Officer (CSO)
Lynn Caldwell is listed as Chief Strategy Officer (CSO) at Banyan Technology.
Chief Operating Officer
Rick Chappel is listed as Chief Operating Officer at Banyan Technology.
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| What's your age? | - |
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Banyan Technology serves 35K customers.
Banyan Technology employs approximately 58 people as of 2026, up from 52 in 2023. It serves 35K customers that rely on its solutions.
Banyan Technology generates an estimated $5.8M in annual revenue.
The CEO of Banyan Technology is Brian Smith.
Banyan Technology raised $8M across 3 rounds.
Banyan Technology has 58 employees.
Banyan Technology is headquartered in Westlake, Ohio, United States.
Banyan Technology operates across multiple industries. Browse revenue, funding, and growth data for Banyan Technology in each sector below.
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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2024 Revenue
$5.8M(Est.)
Customers
35K
Funding
$8M
Avg ACV
$165
Team
58
Founded
2001
| 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 | |
| 2001 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 58 employees (December 2024) | |
| 2024 | Reached 60 employees (October 2024) | |
| 2023 | Reached 52 employees (December 2023) | |
| 2022 | Reached 58 employees (December 2022) | |
| 2021 | Reached 64 employees (December 2021) | |
| 2021 | Reached 54 employees (April 2021) |
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