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BNI - About the company

BNI is an acquired company based in Charlotte (United States), founded in 1985 by Ivan Misner. It operates as a Referral marketing solutions for businesses. BNI has raised an undisclosed amount in funding from Pamlico Capital and Pioneer Equity Partners. The company has 385 active competitors, including 52 funded and 21 that have exited. Its top competitors include companies like Xoxoday, Firstup and Extole.

Company Details

Referral marketing solutions for businesses. The platform enables businesses to explore opportunities. It focuses on generating referrals and fostering business growth through structured networking events. It provides a platform for members to connect, share business opportunities, and support each others growth.
Social
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Key Metrics
Founded Year
1985
Location
Charlotte, United States
Stage
Acquired
Latest Funding Round
Ranked
Employee Count
718 as on Dec 31, 2023
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Pioneer Equity (Jun 01, 2014)

BNI's acquisition details

BNI got acquired by Pioneer Equity on Jun 01, 2014. It was facilitated by Lincoln International.
Click here to take a look at BNI's acquisition in detail
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BNI's funding and investors

BNI has raised funding over 2 rounds. Its first funding round was on Dec 10, 2014. Its latest funding round was a Series A round on May 03, 2019 for $*****. 1 investor participated in its latest round. BNI has 6 institutional investors.

Here is the list of recent funding rounds of BNI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 03, 2019
7939921
Series A
2677978
3940785
6267031
7934045
Dec 10, 2014
6350019
Series A
4298856
2642211
4272493
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BNI's founders and board of directors

Founder? Claim Profile
The founders of BNI is Ivan Misner. Graham Weihmiller is the CEO of BNI.
Here are the details of BNI's key team members:

BNI's employee count trend

BNI has 718 employees as of Dec 23. The total employee count is 17.0% more than what it was in Dec 22. Here is BNI's employee count trend over the years:
Employee count trend for BNI
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BNI's Competitors and alternates

Top competitors of BNI include Xoxoday, Firstup and Extole. Here is the list of Top 10 competitors of BNI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Xoxoday
Xoxoday
2012, Bengaluru (India), Acquired
Provider of rewards, recognition, loyalty, incentives, and payout program solutions
$30.6M
79/100
2nd
Logo for BNI
BNI
1985, Charlotte (United States), Acquired
Referral marketing solutions for businesses
-
71/100
3rd
Logo for Firstup
Firstup
2008, San Francisco (United States), Series E
Cloud-based communication and employee experience management platform for enterprises
$127M
70/100
4th
Logo for Extole
Extole
2009, San Francisco (United States), Series D
B2C and P2P referral automation platform
$54.2M
68/100
5th
Logo for Mention Me
Mention Me
2013, London (United Kingdom), Series B
SaaS-based referral marketing solution for online businesses
$32M
63/100
6th
Logo for Qmee
Qmee
2012, London (United Kingdom), Acquired
App-based online platform offering rewards
$4.5M
-
57/100
7th
Logo for Mammoth Media
Mammoth Media
2014, Laos, Series A
Cloud based platform offering digital to retail marketing strategy
$13M
56/100
8th
Logo for POINT.ME
POINT.ME
2019, New York City (United States), Series B
Provider of a platform for searching and booking award flights
$38.5M
55/100
9th
Logo for SocialChorus
SocialChorus
2008, San Francisco (United States), Acquired
Advocate Marketing Solution
$44.7M
54/100
10th
Logo for TADA
TADA
2012, Jakarta (Indonesia), Series B
Cloud-based platform offering customer advocacy solutions
$7.3M
54/100
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BNI's Investments and acquisitions

BNI has acquired 2 companies including Bank Mayora and Scion Social. BNI has not made any investments as of now.

News related to BNI

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Media has covered BNI for a total of 2 events in the last 1 year, 1 of them has been about partnerships and 1 about people movement.
BNI® Announces New CEOPR NewswireMay 08, 2024BNI, Neighborly
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