BanaBoom

Dover, United States Founded: 2019 • Age: 7 yrs Acquired By Broadlume
Cloud-based software for flooring retailers store operations is provided.

About BanaBoom

BanaBoom is a company based in Dover (United States) founded in 2019 by Josh Pendergrass was acquired by Broadlume in March 2022.. BanaBoom offers products and services including Websites, Flooring Software, and Retail Selling System. BanaBoom operates in a competitive market with competitors including Cegid, Increff, Fracttal, Ekos Brewmaster and TradeGecko, among others.

  • Headquarter Dover, United States
  • Founders Josh Pendergrass
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Retail Technology & Automation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Broadlume

    (Mar 24, 2022)

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Products & Services of BanaBoom

BanaBoom offers a comprehensive portfolio of products and services, including Websites, Flooring Software, and Retail Selling System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Platforms to generate leads for flooring businesses

Primary

Tools for accounting, inventory, and job costing

System for online-to-offline flooring experiences

Funding Insights of BanaBoom

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BanaBoom

BanaBoom has secured backing from 1 investor. Prominent investors backing the company include Broadlume. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Digital solutions for optical retailers are provided by Broadlume.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BanaBoom

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BanaBoom

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Banaboom Comparisons

Employees
+
Add Comparison
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Competitors of BanaBoom

BanaBoom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cegid, Increff, Fracttal, Ekos Brewmaster and TradeGecko, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Suite solutions for offline retail businesses are provided by Cegid.
domain founded_year HQ Location
Tech enabler platform providing merchandising and omnichannel solutions for fashion brands
domain founded_year HQ Location
Cloud-based solutions for real-time asset monitoring and management are provided.
domain founded_year HQ Location
Cloud-based ERP software for brewery management is provided.
domain founded_year HQ Location
Provider of cloud-based suite solutions for wholesalers
domain founded_year HQ Location
AI-based automated checkout solutions are developed for offline retailers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Banaboom

Frequently Asked Questions about BanaBoom

When was BanaBoom founded?

BanaBoom was founded in 2019.

Where is BanaBoom located?

BanaBoom is headquartered in Dover, United States. It is registered at Dover, Delaware, United States.

What does BanaBoom do?

BanaBoom was founded in 2019 and is based in Dover, United States. Cloud-based solutions for store operation management are offered to flooring retailers. Vendor order management, installer scheduling, job costing, and payment and billing features are included in the software. Operations are focused on streamlining retail processes within the flooring sector, with tools designed for efficiency in daily management tasks.

Who are the top competitors of BanaBoom?

BanaBoom's top competitors include Cegid, Alloy and Increff.

What products or services does BanaBoom offer?

BanaBoom offers Websites, Flooring Software, and Retail Selling System.

Who are BanaBoom's investors?

BanaBoom has 1 investor. Key investors include Broadlume.

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