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 Mar 31, 2026, the latest employee count at Banyan Software is 245.

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 3rd amongst 25 active competitors, of which 4 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Shop Circle, which secured $100M in Dec, 2025.

Who are the top competitors of Banyan Software?

Banyan Software's top competitors include Shop Circle, Constellation Software and Jonas Software. Among them, Shop Circle secured the most recent funding round in December, 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

Norwest & 1 more

Ranked

3^rd among 25 active competitors

Employee Count

245 as on Mar 31, 2026

Investment & Acquisitions

JAVELIN & 42 more

Similar Companies

Shop Circle & 24 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 245 employees as of Mar 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 Shop Circle, Constellation Software 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	Shop Circle 2021, London (United Kingdom), Series B	AI-first technology holding company that acquires and scales mission-critical software, modernising it for the AI era	$218M	Primo Ventures, NFX & 44 others	66/100
2nd	Constellation Software 1995, Toronto (Canada), Public	Enterprise software and services company	-	OMERS, Birch Hill Equity Partners	62/100
3rd	Banyan Software 2016, Toronto (Canada), Funding Raised	Provider of acquiring, building, and growing enterprise software businesses	-	Norwest, Rock Creek Capital	51/100
4th	Jonas Software 1990, Markham (Canada), Funding Raised	Enterprise management software and service provider	-	Constellation Software	49/100
5th	Total Specific Solutions 1995, Utrecht (Netherlands), Acquired	Developer of vertical market software solutions for various industries	-	-	48/100
6th	Avolin Solutions 2018, Austin (United States), Unfunded	Provider of cloud-based e-commerce and service desk platform	-	-	41/100
7th	Perseus 2004, Markham (Canada), Funding Raised	Provider of software acquirer services	-	Constellation Software	39/100
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	-	-	32/100
10th	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

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Banyan Software has not made any investments yet. Banyan Software has made 43 acquisitions.

Here is the list of latest three $acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 01, 2026	Acquisition	JAVELIN	2013	Leicester (United Kingdom)
Mar 04, 2026	Acquisition	Ignite	2021	Cary (United States)
Sep 05, 2025	Acquisition	Host Hotel Systems	1994	Lisbon (Portugal)