About Banyan
Banyan is a company based in Holmdel (United States) founded in 2013 by Jehan Luth was acquired by Bilt Rewards in March 2025. It operates as a Data-as-a-Service. Banyan has raised $55.84 million across 9 funding rounds from investors including Bilt Rewards, Bridge Community Bank and Peterson Partners. Banyan offers products and services including Receipt Data Platform. Banyan operates in a competitive market with competitors including Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
- Headquarter Holmdel, United States
- Founders Jehan Luth
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$55.84 M (USD)
in 9 rounds
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Latest Funding Round
$28 M (USD), Series A
Oct 19, 2022
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Investors
Bilt Rewards
& 8 more
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Employee Count
Not available
- Acquired by
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Products & Services of Banyan
Banyan offers a comprehensive portfolio of products and services, including Receipt Data Platform.
Item-level receipt data is organized for commercial applications.
People of Banyan
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Funding Insights of Banyan
Banyan has successfully raised a total of $55.84M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $28 million completed in October 2022. 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.
Investors in Banyan
Banyan has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Bilt Rewards, Bridge Community Bank and Peterson Partners.
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Venture capital firm focused on fintech and B2B SaaS companies
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Multiple sectors are invested in by M13 venture capital fund.
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Venture capital and accelerator firm focused on fintech companies
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Investor details for Banyan
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Investments & Acquisitions by Banyan
Investment portfolio details for Banyan
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Financial Statements - Banyan
Detailed financials for Banyan
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Banyan Comparisons
Peer comparison for Banyan
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Competitors of Banyan
Banyan 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 Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
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Operational planning and forecasting solutions are offered to businesses.
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Cloud-based financial planning and analytics are delivered via SaaS.
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AI-powered financial planning and accounting software is offered.
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Cloud-based financial planning and advisory solutions are provided for businesses.
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A platform for business planning and project management is offered.
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Detailed competitors of Banyan
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Latest news on Banyan
Complete news archive for Banyan
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Frequently Asked Questions about Banyan
Banyan was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Banyan is headquartered in Holmdel, United States. It is registered at Holmdel, New Jersey, United States.
Jehan Luth is the current CEO of Banyan. They have also founded this company.
Banyan is a funded company, having raised a total of $55.84M across 9 funding rounds to date.
Item-level receipt data is organized and activated by Banyan to power commercial and consumer applications. A privacy-first data collaboration platform is offered to merchants, banks, fintechs, and commerce partners. Solutions for loyalty marketing, card-linked offers, fraud management, and expense reconciliation are enabled through secure data infrastructure. Sectors such as financial services and retail are served with enhanced data precision and control.
Banyan's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
Banyan offers Receipt Data Platform.
Banyan has 9 investors. Key investors include Bilt Rewards, Bridge Community Bank, Peterson Partners, NUVI, and Fin Capital.