Banyan Infrastructure Corporation

Banyan Infrastructure Corporation

Project finance software for sustainable infrastructure

About Banyan Infrastructure Corporation

Simplify's Rating
Why Banyan Infrastructure Corporation is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Energy

Enterprise Software

Social Impact

Company Size

51-200

Company Stage

Series B

Total Funding

$39.2M

Headquarters

San Francisco, California

Founded

2018

Overview

Banyan Infrastructure provides a project finance solution tailored for the sustainable infrastructure sector, focusing on environmentally friendly projects like renewable energy, green buildings, and eco-friendly transportation. The company offers an all-in-one software platform that streamlines the investment lifecycle, allowing clients to manage projects efficiently, reduce risks, and enhance financial planning accuracy. This platform includes tools for project management, financial modeling, risk assessment, and performance tracking. Banyan Infrastructure operates on a subscription model, charging clients a monthly or annual fee for access to its software, which ensures ongoing revenue and support. The company's goal is to empower investors and developers in the sustainable infrastructure market by simplifying complex processes and providing insights that lead to more successful investments.

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Simplify's Take

What believers are saying

  • Banyan secured $25 million in Series B funding for growth and expansion.
  • Partnerships with institutions like NatWest enhance green investment capabilities.
  • Growing interest in green lending partnerships expands Banyan's market reach.

What critics are saying

  • Increased competition from companies like Atmos Financial may impact market share.
  • Emergence of new green banks could reduce Banyan's customer base.
  • Rapid growth in InsurTech may divert investor attention from sustainable infrastructure.

What makes Banyan Infrastructure Corporation unique

  • Banyan Infrastructure offers a comprehensive project finance solution for sustainable infrastructure.
  • The platform automates complex processes, boosting profits and increasing deal velocity.
  • Banyan's software provides tools for project management, financial modeling, and risk assessment.

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Funding

Total Funding

$39.2M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

401(k) Company Match

401(k) Retirement Plan

Flexible Work Hours

Parental Leave

Meal Benefits

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

-1%

2 year growth

10%
Access Plus Capital
Sep 27th, 2024
Building Capacity for Green Lending: Partnerships for Success

Access Plus Capital partnered with the Milken Institute, Elemental Accelerator, and Banyan Infrastructure to build green lending capacity ahead of the release of funds from the CCIA.

PR Newswire
Jul 11th, 2024
Atmos Financial And The Clean Energy Fund Of Texas Team Up To Help Communities And Businesses Drive Capital Into The Green Economy

Proven financial services product from Atmos complements the equity-driven team at Clean Energy Fund of TexasHOUSTON, July 11, 2024 /PRNewswire/ -- Financial technology company Atmos Financial has signed an agreement with the first "green bank" in Texas, Clean Energy Fund of Texas , to help accelerate capital deployment into clean energy. The agreement is contingent on the Clean Energy Fund of Texas receiving funding from the Coalition for Green Capital, which recently was awarded $5 billion from the U.S. Environmental Protection Agency (EPA).The Clean Energy Fund of Texas is a financing provider for Texans of all backgrounds. Its mission is to develop and offer cost-effective ways for Texans to finance the installation of clean, renewable energy sources like solar, battery storage, and energy efficiency upgrades.Atmos has developed proprietary software to leverage capital from the EPA's Greenhouse Gas Relief Fund to help bring in more private capital to support solar energy and electrification. Under this agreement, Atmos would acquire, underwrite and service clean energy loans while ensuring smooth experiences for customers and the highest levels of security."The creation of the first green bank in Texas is a monumental event for accelerating the equitable transition for all residents and businesses of Texas," said Ravi Mikkelsen, Co-Founder and CEO of Atmos Financial. "Atmos is thrilled to have been selected to provide end to end lending services to the team so that they can focus on creating impact in their community, instead of on back-office tasks and software development

ImpactAlpha
May 2nd, 2024
10,000 Communities: With partners, Milken Institute is building a market to drive investment in community infrastructure

To support market-making spurred by GGRF-supported financing and IRA clean energy tax incentives, the Institute has teamed up with Banyan Infrastructure, Elemental Excelerator, and Purpose Venture Groupto launch the Community Development Financial Institutions Clean Energy Loan Pilot program.

Banyan Infrastructure
Jan 23rd, 2024
Where is project finance software headed in 2024?

Banyan Infrastructure doubled its revenue from the previous year and secured $25 million in Series B funding led by Energize Ventures.

Banyan Infrastructure
Jan 17th, 2024
Welcome, Amy Figueiredo!

Banyan Infrastructure Corporation is excited to welcome Amy Figueiredo to the Banyan Infrastructure family as the Head of Customer Success!

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