Banach Technology

Dublin, Ireland Founded: 2015 • Age: 11 yrs Acquired By PointsBet
Technology is developed to automate multiple processes in games.
Annual revenue - Latest available
Total funding $3.7M 2 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Banach Technology

Banach Technology is a company based in Dublin (Ireland) founded in 2015 was acquired by PointsBet in March 2021. Banach Technology has raised $3.67 million across 2 funding rounds from investors including PointsBet, James Mangan and David Power.

  • Headquarter Dublin, Ireland
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.67 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.1 M (USD), Angel Round

    Oct 10, 2019

  • Investors
    PointsBet

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    PointsBet

    (Mar 16, 2021)

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Funding Insights of Banach Technology

Banach Technology has successfully raised a total of $3.67M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $1.1 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Angel Round — $1.1M
  • First Round

    (02 Jul 2018)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Angel Round - Banach Technology Valuation James Mangan , David Power
Jul, 2018 Amount Angel Round - Banach Technology Valuation David Power , Stewart Kenny

Investors in Banach Technology

Banach Technology has secured backing from 7 investors, including angel investors. Prominent investors backing the company include PointsBet, James Mangan and David Power.

All
Angel
Investor Description Founded Year Domain Location

James Mangan

-
Founded Year Domain Location

David Power

-
Founded Year Domain Location

Stewart Kenny

-
Founded Year Domain Location

Investments & Acquisitions by Banach Technology

Investments

Financial Statements - Banach Technology

Banach Technology Comparisons

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Competitors of Banach Technology

Latest news on Banach Technology

Frequently Asked Questions about Banach Technology

Banach Technology was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Banach Technology is headquartered in Dublin, Ireland.

Banach Technology is a funded company, having raised a total of $3.67M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $2.57M, raised on Jul 02, 2018.

Banach was founded in 2015 and is headquartered in Dublin, Ireland. Technology solutions are provided by the company to automate various processes within the gaming industry. Operations are centered on software development that streamlines game-related tasks, including testing, deployment, and optimization. Services are targeted at game developers seeking efficiency improvements. The focus remains on the European market, with potential for global expansion through its domain, banachtechnology.com.

Banach Technology has 7 investors. Key investors include PointsBet, James Mangan, David Power, Stewart Kenny, and Patrick Kennedy.

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