When was Banyan Software founded?

Banyan Software was founded in 2016.

Where is Banyan Software located?

Banyan Software is headquartered in Atlanta, United States.

Who is the current CEO of Banyan Software?

David Berkal of Banyan Software. They have also founded 2 companies.

How many employees does Banyan Software have?

As of Sep 30, 2026, the latest employee count at Banyan Software is 260.

Is Banyan Software a funded company?

Banyan Software is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

When was the latest funding round of Banyan Software?

Banyan Software's latest funding was a $***** Conventional Debt round on Apr 28, 2023, with participation from 1 investor.

Where does Banyan Software rank among its competitors?

Banyan Software ranks 2nd amongst 27 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Banyan, which secured an undisclosed amount in Apr, 2023.

Who are the top competitors of Banyan Software?

Banyan Software's top competitors include Constellation Software, Total Specific Solutions and Jonas Software. Among them, Banyan Software secured the most recent funding round in April, 2023.

Banyan Software - 2026 Company Profile, Team, Funding & Competitors

Banyan Software is a seed company based in Atlanta (United States), founded in 2016 by David Berkal. It operates as a Provider of permanent ownership and operational support for vertical software businesses. Banyan Software has raised an undisclosed amount in funding. The company has 27 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Constellation Software, Total Specific Solutions and Jonas Software.

Company Details

Provider of permanent ownership and operational support for vertical software businesses. This organization acquires software companies to provide long-term stability and growth assistance. The firm offers expertise in areas such as product development, talent management, sales, marketing, finance, cybersecurity, and legal operations. Support includes guidance on modernizing legacy software, improving development workflows, and building capabilities for artificial intelligence. The business model focuses on decentralized operations that allow acquired companies to maintain their existing teams and market identities while benefiting from a shared network of software leaders and specialized operating resources.

Website: banyansoftware.com
Social
Email ID: *****@banyansoftware.com

Key Metrics

Founded Year

2016

Location

Atlanta, United States

Stage

Seed

Latest Funding Round

Conventional Debt, Apr 28, 2023, $*****

Investors

Norwest & 5 more

Ranked

2^nd among 27 active competitors

Employee Count

260 as on Sep 30, 2026

Investment & Acquisitions

Questi & 71 more

Similar Companies

Constellation Software & 26 more

View Banyan Software's full profile

Banyan Software is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BANYAN SOFTWARE HOLDINGS, LLC CIN: 853636022 , United States, Active	Dec 31, 1999	-	708 (As on Dec 31, 2024)	-

Banyan Software has raised funding over 3 rounds. Its latest funding round was a Conventional Debt round on Apr 28, 2023 for $*****. 1 investor participated in its latest round. Banyan Software has 6 institutional investors.

Here is the list of recent funding rounds of Banyan Software:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2023	2692808	Conventional Debt	2659095	8979534	3280883	6268424
2017	2035	Seed	4801	1795	3431	Pacific Lake Partners

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View details of Banyan Software's funding rounds and investors

The founders of Banyan Software is David Berkal. David Berkal and Rick Hudson are the CEOs of Banyan Software.

Here are the details of Banyan Software's key team members:

David Berkal: Founder & CEO of Banyan Software and founder of 2 other companies, Luximpact and Medicat.

View details of Banyan Software's Founder profiles and Board Members

Banyan Software's employee count trend

Banyan Software has 260 employees as of Sep 26. Here is Banyan Software's employee count trend over the years:

Employee count trend for Banyan Software

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Top competitors of Banyan Software include Constellation Software, Total Specific Solutions and Jonas Software. Here is the list of Top 10 competitors of Banyan Software, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Constellation Software 1995, Toronto (Canada), Public	Enterprise software and services company	-	OMERS, Birch Hill Equity Partners	62/100
2nd	Banyan Software 2016, Atlanta (United States), Seed	Provider of permanent ownership and operational support for vertical software businesses	-	Norwest, Sixth Street Specialty Lending & 4 others	54/100
3rd	Total Specific Solutions 1995, Utrecht (Netherlands), Acquired	Developer of vertical market software solutions for various industries	-	-	52/100
4th	Jonas Software 1990, Markham (Canada), Funding Raised	Enterprise management software and service provider	-	Constellation Software	45/100
5th	Avolin Solutions 2018, Austin (United States), Funding Raised	Provider of cloud-based e-commerce and service desk platform	-	Top Corner Capital, Angeleno Group	42/100
6th	Perseus 2004, Markham (Canada), Funding Raised	Provider of software acquirer services	-	Constellation Software	39/100
7th	Ethos Software 2017, Denver (United States), Unfunded	Provider of capital and operational support for application layer software businesses	-	-	38/100
8th	Fog Software Group 1995, Deerfield (United States), Funding Raised	Forever home for vertical market software businesses, preserving legacy and growth	-	Vela Software	38/100
9th	Altamount Berlin (Germany), Unfunded	Acquirer and long-term holder of GRC software companies	-	-	34/100
10th	Simpleweb 2008, Bristol (United Kingdom), Seed	Manufacturer of high-speed power presses and related equipment	$128K	Creative UK	30/100