About Banza
Banza is a company based in Detroit (United States) founded in 2014. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Banza has raised $28.8 million across 8 funding rounds from investors including Vayner/RSE, EHI and Union Square Hospitality Group. The company has 89 employees as of December 31, 2018. Banza offers products and services including Chickpea Pasta, Brown Rice Pasta, Protein Waffles, Pizza, and Mac & Cheese.
- Headquarter Detroit, United States
- Employees 89 as on 31 Dec, 2018
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Banza Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.8 M (USD)
in 8 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 15, 2019
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Investors
Vayner/RSE
& 8 more
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Employee Count
89
as on Dec 31, 2018
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Products & Services of Banza
Banza offers a comprehensive portfolio of products and services, including Chickpea Pasta, Brown Rice Pasta, Protein Waffles, Pizza, and Mac & Cheese. 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.
High protein pasta made from chickpeas is offered.
Gluten-free pasta made from brown rice is provided.
High protein waffles are produced for healthy breakfasts.
Healthier pizza options with unique flavors are sold.
High protein mac and cheese varieties are available.
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Funding Insights of Banza
Banza has successfully raised a total of $28.8M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 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 Funding
- Total Rounds 8
- Last Round Series B — $20.0M
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First Round
First Round
(01 Jun 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series B - Banza | Valuation | Enlightened Hospitality Investments , Prelude Growth Partners | |
| Oct, 2018 | Amount | Debt – Conventional - Banza | Valuation |
investors |
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| Jun, 2017 | Amount | Series A - Banza | Valuation | Beechwood Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Banza
Banza has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Vayner/RSE, EHI and Union Square Hospitality Group. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth investments are made in people-driven hospitality companies.
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Founded Year | Domain | Location | |
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Investment support is provided to category-disrupting consumer brands.
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Founded Year | Domain | Location | |
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Beechwood Capital is focused on investing in disruptive consumer brands.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Banza
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Banza
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banza Comparisons
Competitors of Banza
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Banza
Frequently Asked Questions about Banza
When was Banza founded?
Banza was founded in 2014.
Where is Banza located?
Banza is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is Banza a funded company?
Banza is a funded company, having raised a total of $28.8M across 8 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Jun 01, 2014.
How many employees does Banza have?
As of Dec 31, 2018, the latest employee count at Banza is 89.
What does Banza do?
Banza is engaged in the production of health-oriented food products, primarily focusing on high-protein and gluten-free pasta made from chickpeas and brown rice. The company operates within the packaged foods sector, offering a range of products including protein waffles, pizzas, and mac cheese. Solutions are crafted to provide healthier alternatives to traditional food items, emphasizing higher protein and fiber content with fewer net carbs. Products are distributed through direct-to-consumer channels and retail partnerships, targeting health-conscious consumers seeking nutritious and sustainable food options.
What products or services does Banza offer?
Banza offers Chickpea Pasta, Brown Rice Pasta, Protein Waffles, Pizza, and Mac & Cheese.
Who are Banza's investors?
Banza has 9 investors. Key investors include Vayner/RSE, EHI, Union Square Hospitality Group, Prelude Growth Partners, and Beechwood Capital.
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