When was Banyan Software founded?

Banyan Software was founded in 2016.

Where is Banyan Software located?

Banyan Software is headquartered in Toronto, Canada.

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 Dec 31, 2023, the latest employee count at Banyan Software is 401.

Is Banyan Software a funded company?

Banyan Software is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Banyan Software rank among its competitors?

Banyan Software ranks 2nd amongst 24 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Applause, which secured $15M in Aug, 2025.

Who are the top competitors of Banyan Software?

Banyan Software's top competitors include Constellation Software, Jonas Software and Total Specific Solutions. Among them, Applause secured the most recent funding round in August, 2025.

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

Company Details

Provider of acquiring, building, and growing enterprise software businesses. It follow a buy-and-hold strategy for software companies serving specialized markets, providing a permanent home for successful businesses to ensure long-term success and stability. It offers support for growth, independence to management teams, and a commitment to not resell acquired companies.

Website: banyansoftware.com
Email ID: *****@banyansoftware.com
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Toronto, Canada

Stage

Funding Raised

Investors

Rock Creek Capital & 1 more

Ranked

2^nd among 24 active competitors

Employee Count

401 as on Dec 31, 2023

Investment & Acquisitions

Ignite & 41 more

Similar Companies

Constellation Software & 23 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 is a funded company. Banyan Software has 2 institutional investors.

View details of Banyan Software's funding rounds and investors

The founders of Banyan Software is David Berkal. David Berkal is the CEO 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 401 employees as of Dec 23. The total employee count is 26.0% more than what it was in Dec 22. 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, Jonas Software and Total Specific Solutions. 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, Toronto (Canada), Funding Raised	Provider of acquiring, building, and growing enterprise software businesses	-	Rock Creek Capital, Norwest	56/100
3rd	Jonas Software 1990, Markham (Canada), Funding Raised	Enterprise management software and service provider	-	Constellation Software	49/100
4th	Total Specific Solutions 1995, Utrecht (Netherlands), Acquired	Developer of vertical market software solutions for various industries	-	-	48/100
5th	Avolin Solutions 2018, Austin (United States), Unfunded	Provider of cloud-based e-commerce and service desk platform	-	-	41/100
6th	Perseus 2004, Markham (Canada), Funding Raised	Provider of software acquirer services	-	Constellation Software	38/100
7th	Fog Software Group 1995, Deerfield (United States), Funding Raised	Forever home for vertical market software businesses, preserving legacy and growth	-	Vela Software	38/100
8th	Altamount Berlin (Germany), Unfunded	Acquirer and long-term holder of GRC software companies	-	-	32/100
9th	Applause 2020, New York City (United States), Series B	IT firm buying apps & offering cash exits for developers	$15M	Fabrice Grinda, Acurio Ventures & 1 others	29/100
10th	Ethos Software 2017, Denver (United States), Unfunded	Provider of capital and operational support for application layer software businesses	-	-	28/100

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Banyan Software has not made any investments yet. Banyan Software has made 42 acquisitions.

Here is the list of latest three $acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 04, 2026	Acquisition	Ignite	2021	Cary (United States)
Sep 05, 2025	Acquisition	Host Hotel Systems	1994	Lisbon (Portugal)
Aug 07, 2025	Acquisition	I4PRO	2005	Sao Paulo (Brazil)