About BANA
BANA, established in 2017, is an angel investment group based in Yerevan, Armenia. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 2 firms, spanning the Enterprise Applications and Business Services sectors. Its most notable investments are Prelaunch.com and Hexact. Its latest investment was a $1.5M Seed round in Prelaunch.com on Mar 10, 2023, which also saw participation from BigStory VC and FormulaVC.
To date, 4 investors have co-invested in BANA's portfolio companies, including prominent names like BigStory VC.
Key Metrics
Founded Year
2017
Location
Yerevan, Armenia
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
BANA's List of All Investments
BANA has a portfolio of 2 companies. Their most notable investmentis in HexactTheir portfolio spans across and United States. They have invested in Enterprise Applications, Business Services, across Seed stage. Here is the list of all investments by BANA:Key facts about Prelaunch.com
- Founded Year: 2022
- Location: Delaware City (United States)
- Stage: Seed
- Total Funding till date: $1.5M
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Alchemist Accelerator, Granatus Ventures and 4 Others
- Latest Funding Round: Seed, May 2023, $*****
2. Hexact
Developer of no-code business intelligence solutions powered by artificial intelligence. The company provides tools to automate tasks and extract information from data sources. It offers automations to scale work and delegate time-consuming processes. The business aims to make automation and growth accessible to various companies.
Key facts about Hexact
- Founded Year: 2019
- Location: Wilmington (United States)
- Annual Revenue: $0 - $1M as on Dec 31, 2023
- Valuation: $*****
- Stage: Seed
- Employee Count: 7 as on Mar 31, 2026
- Investors: Untapped Ventures, FormulaVC and 2 Others
- Latest Funding Round: Seed, $*****
BANA's Year-on-Year Investment Trends
BANA has invested in Prelaunch.com in 2023 and Hexact. Its most recent first time investment was in Prelaunch.com and most recent follow-on round was in Hexact.BANA's Investments by Stage
BANA has made 1 investment in Seed stage with an average round size of $1.5M.BANA's Investments by Geography
BANA has made most investments in United States (1).BANA's recent investments
BANA has not made any investment in 2026 so far.Here are the most recent investments by BANA:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 10, 2023 | United States | Seed | 6499 | [+3] | |
- | United States | Seed | 9672 | [+2] |
Team profile of BANA
BANA has a team of 1 member located in Armenia. BANA's team does not sit on the board of any company as of now.Co-investors of BANA
Over the past 3 years, 5 investors have co-invested in BANA's portfolio companies. This includes funds and angels.
- Top Co-investors of BANA: 4 investors entered a company along with BANA. These include investors like BigStory VC (1 company).
- Invested after BANA: Alchemist Accelerator (1 company) is the only investor which has invested in BANA's portfolio after their investments.
Recent News related to BANA
•
Armenian product validation platform Prelaunch checks in with $1.5 millionTech.eu•Mar 10, 2023•Prelaunch.com, BigStory VC, FormulaVC, Granatus Ventures and 2 others

