# Banyan Technology funding: rounds and investors

> Banyan Technology has raised $9.9M across 4 rounds since 2006. Investors include JumpStart and River SaaS Capital. Every round with its source.

Source: https://millionrounds.com/company/banyan-technology (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Banyan Technology*

4 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Logistics Supply Chain

Funding summary Updated 26 Oct 2026

**$9.9M** raised across 4 rounds since 2006, from 4 sources

**$350K** Seed **$600K** Series B **$2.0M** Round **$7.0M** Round

- **Latest round:** Round, $7.0M Feb 2017
- **Step-up i:** 3.5×
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2008 2010 2012 2014 2016

**$350K** Seed

**$600K** Series B

**$2.0M** Round

**$7.0M** Round

- **First round:** Seed, $350K
- **Biggest round:** $7.0M
- **Usual gap between rounds:** 6 months

## The rounds

- **Feb 2017** Round **$7.0M** *2 returning* [JumpStart](https://millionrounds.com/fund/jumpstart) [River SaaS Capital](https://millionrounds.com/fund/river-saas-capital) Reported by FinSMEs
- **Aug 2016** Round **$2.0M** *1 new* [River SaaS Capital](https://millionrounds.com/fund/river-saas-capital) Reported by FinSMEs
- **Mar 2007** Series B **$600K** *1 returning* [JumpStart](https://millionrounds.com/fund/jumpstart) From a historical funding record
- **Dec 2006** Seed **$350K** *1 new* [JumpStart](https://millionrounds.com/fund/jumpstart) From a historical funding record

## Founders and team

From Banyan Technology's own website: 5 on the team.

- **Brian Smith** Chief Executive Officer
- **Deanna Wright** Chief Marketing Officer
- **Jason Heckman** Chief Technology Officer
- **Rick Chappel** Chief Operating Officer
- **Teresa Waldron** Chief Client Experience Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2006 **Series B** 2007 **Round** 2016 **Round** 2017 [JumpStart](https://millionrounds.com/fund/jumpstart) [River SaaS Capital](https://millionrounds.com/fund/river-saas-capital)

## Everyone who backed them

[JumpStart](https://millionrounds.com/fund/jumpstart) VC firm **3** rounds

[River SaaS Capital](https://millionrounds.com/fund/river-saas-capital) Venture debt **2** rounds

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=banyan-technology).

## Quick answers about Banyan Technology

### Who invested in Banyan Technology?

Banyan Technology's investors include JumpStart and River SaaS Capital.

### How much has Banyan Technology raised?

Banyan Technology has raised $9.9M across 4 rounds since 2006.

### When did Banyan Technology last raise?

Banyan Technology's most recent round, $7.0M, was in Feb 2017.

### What was Banyan Technology's biggest round?

Its most recent round, $7.0M in Feb 2017, is also its largest on record.

### Who backed Banyan Technology first?

Banyan Technology's first round on record, in Dec 2006, was backed by JumpStart.

### What stage is Banyan Technology at?

Banyan Technology's latest named round is an Undisclosed round, in Aug 2016.

### Where is Banyan Technology based?

Banyan Technology is based in the United States.

## Companies like Banyan Technology

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)

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