About Banyan Technology
Banyan Technology is a company based in Elyria (United States) founded in 2001. Banyan Technology has raised $7.95 million across 4 funding rounds from investors including River SaaS Capital and JumpStart Ventures. Banyan Technology offers products and services including LIVE Connect, TMS API, and Carrier Connections. Banyan Technology operates in a competitive market with competitors including Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
- Headquarter Elyria, United States
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Website banyantechnology.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$7.95M (USD)
in 4 rounds
- Latest Funding Round$7M (USD), Series A
Feb 2017
- InvestorsRiver SaaS Capital
& 1 more
Products & Services of Banyan Technology
Banyan Technology offers a comprehensive portfolio of products and services, including LIVE Connect, TMS API, and Carrier Connections.
Platform for automated OTR freight tracking and operations.
Enables connectivity for transportation management systems.
Facilitates links with carriers for real-time freight rates.
Apps and channels of Banyan Technology
its YouTube channel Banyan Technology has 112 subscribers and 30 videos.
Videos from Banyan Technology
The most watched videos on Banyan Technology's YouTube channel, Banyan Technology (112 subscribers). Click a video to play it here.
More on Banyan Technology.
Funding Insights of Banyan Technology
Banyan Technology has successfully raised a total of $7.95M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in February 2017. 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 $7.95M
- Total Rounds 4
- Last Round Series A — $7M
- First Round $350,000
(Dec 2006)
- Investors Count 2
All 4 funding rounds of Banyan Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | $7M | Series A | – | River SaaS Capital, Jumpstart Ventures | – |
| Aug 2016 | $2M | Debt – Venture | – | – | |
| Mar 2007 | $600,000 | Seed | – | Jumpstart Ventures | – |
| Dec 2006 | $350,000 | Seed | – | Jumpstart Ventures | – |
2 investors in total: 2 institutional.
Investors in Banyan Technology
Banyan Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include River SaaS Capital and JumpStart Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Non-dilutive and equity financing is provided for B2B SaaS companies by River SaaS Capital. | – | riversaascapital.com | Westlake, United States | |
Venture capital funding is provided to tech startups by JumpStart Ventures. | – | jumpstart.vc | Cleveland, United States |
Investor details for Banyan Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Banyan Technology
20 people are tracked at Banyan Technology (7 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Rick Chappel | Chief Operating Officer | Leadership |
Jason Heckman | Chief Technology Officer | Leadership |
Lynn Caldwell | Chief Strategy Officer (CSO) | Leadership |
Brian Smith | Chief Executive Officer | Leadership |
Megan V. | Director Product Development | Leadership |
Teresa Waldron | Director of Client Experience | Leadership |
Alex Rigot | Sales Director | Leadership |
Brandon Fabian | Software Developer | Team |
Bryan Chambers, CTB | Account Manager | Team |
Shane Hawk | Application Development Manager | Team |
David Haller | DevOps Manager | Team |
Michael Wolfe | Application Developer II | Team |
April Siebart | Client Success Manager | Team |
Emil Soehnlen | Sales Representative | Team |
Steve Leggett JR | Sr Business Development Manager | Team |
Haven Brown | Quality Assurance Manager | Team |
Louis Rahm | Senior Client Solution Represntative | Team |
Joshua Gilchrist | Software Developer | Team |
Brooke Berbari | Software Delivery Manager | Team |
Caleb Waller | Business Development Representative | Team |
Complete people profiles for Banyan Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Banyan Technology
3 dated milestones of Banyan Technology across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Banyan Technology is founded.
- Funding First funding round of $350K.
- Funding Latest funding round, Series A, of $7.0M.
Competitors of Banyan Technology
Banyan Technology 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 Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freighttiger.com | 2014 | Mumbai, India | $60.2M | 414 | Freight and logistics are managed via web-based platform. | |
| logi-spot.com | 2005 | Seoul, South Korea | $38.54M | – | SaaS-based transport management solutions are provided by LogiSpot. | |
| transporeon.com | 2000 | Ulm, Germany | $2.43M | – | Cloud-based transport management solutions are provided for logistics enterprises. | |
| shipwell.com | 2016 | Austin, United States | $47.08M | 127 | Online booking platform for freight transportation | |
| 3gtms.com | 2013 | Shelton, United States | $29.97M | 141 | Transportation management systems are provided for third-party logistics firms. | |
| mercurygate.com | 2000 | Cary, United States | $200,000 | 216 | Cloud-based transportation management systems are provided for multimodal logistics. | |
| descartes.com | 1981 | Waterloo, United States | – | 508 | Cloud-based solutions for transportation and supply chain management are offered. | |
| pcssoft.com | 1997 | Houston, United States | $300,000 | 87 | AI & SaaS-driven transportation management software solution provider | |
| shipsy.io | 2015 | Gurugram, India | $32.89M | 233 | AI-powered logistics and supply chain solutions are delivered for businesses. | |
| transplace.com | 2000 | Frisco, United States | – | – | Transportation management and 3PL solutions are provided to shippers. |
Detailed competitors of Banyan Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Banyan Technology
The website of Banyan Technology (banyantechnology.com) receives about 14.7K visits a month and ranks #1,408,850 among all websites worldwide, #6,103 in Shipping and Logistics.
- Monthly visits14.7K
▼ 2.8% vs previous month
- Unique visitors2.8K
per month
- Global rank#1,408,850
among all websites
- Category rank#6,103
Business and Consumer Services · Shipping and Logistics
- Bounce rate24%
- Pages per visit4.5
- Average visit6 min 53 sec
- DevicesDesktop 87% · Mobile 13%
Websites whose visitors overlap most with Banyan Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| logisuite.com | 100% | – | #3,744,048 | View details | |
| logitudeworld.com | 96% | 680.7K | #404,318 | View details | |
| freightview.com | 88% | 125.3K | #271,872 | View details | |
| magaya.com | 87% | 70.6K | #518,541 | View details | |
| linbis.com | 86% | 34K | #954,676 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Banyan Technology
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Banyan Technology
Complete news archive for Banyan Technology
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Banyan Technology
10 companies that operate in the same segment as Banyan Technology (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Banyan Technology
Banyan Technology was founded in 2001 and raised its 1st funding round 5 years after it was founded.
Banyan Technology is headquartered in Elyria, United States. It is registered at Elyria, Ohio, United States.
Banyan Technology is a funded company, having raised a total of $7.95M across 4 funding rounds to date. The company's 1st funding round was a Seed of $350K, raised on Dec 2006.
Banyan Technology was founded in 2001 in Elyria, United States, within the transportation and logistics sector. A live freight management solution is offered to establish databases for storing transactional freight data. Dynamic connections are facilitated for real-time communication among 3PLs, shippers, and distributors. Services are extended to transportation brokers, shippers, 3PLs, manufacturers, distributors, freight forwarders, retailers, warehouse operators, and technology providers.
Banyan Technology's top competitors include Freight Tiger, Descartes and Shipwell.
Banyan Technology offers LIVE Connect, TMS API, and Carrier Connections.
Banyan Technology has 2 investors. Key investors include River SaaS Capital, and JumpStart Ventures.