Banjo Funding, Investors & Competitors

Banjo has raised $116M across 2 funding rounds, most recently a $100M Series C in May 2015.

See full Banjo profile

Last Banjo funding round

$100M

Series C · May 2015

Cumulative funding Banjo raised

$116M

across 2 funding rounds

Key investors in Banjo

  • BlueRun Ventures
  • SoftBank Group
  • Balderton Capital
  • VTF Capital
  • Maven Ventures
  • Columbia Partners Private Capital

Banjo Overview

About Banjo

Banjo is a real-time event detection platform that aggregates location-based data from public sources to deliver crisis alerts. Based in San Francisco, it monitors social media, news feeds, and sensors to identify emergencies like wildfires, shootings, and natural disasters within seconds. The app notifies users in affected areas via push notifications and maps, aiding first responders and public safety agencies. Banjo partners with organizations including FEMA and local police departments across the United States and Australia.


Founded

2010

HQ

United StatesSalt Lake City, UT

Website

ban.jo

Status

Privately held

Customer focus

B2G

Revenue model

Subscription

Banjo Funding History

Banjo has raised a total of $116M across 2 funding rounds.

Banjo's first fundraising round was a $16M Series B in March 2014. The most recent completed round was a $100M Series C in May 2015.

Banjo funding rounds

Banjo funding rounds
DateStageInvestorsRaisedDeal Summary
May 2015Series CSoftBank Group (lead); Columbia Partners Private Capital; BlueRun Ventures$100M-
Mar 2014Series BBalderton Capital (lead); VTF Capital; Maven Ventures; BlueRun Ventures$16MBanjo raised $16 million in its Series B funding round in March 2014, led by Balderton Capital. Other investors included BlueRun Ventures, Maven Ventures, and VTF Capital. The funding aimed to accelerate global growth plans and media partnerships.

Who has invested in Banjo?

6 investors have backed Banjo across its funding rounds, including BlueRun Ventures, SoftBank Group, Balderton Capital, VTF Capital, Maven Ventures and Columbia Partners Private Capital.

Lead investors include SoftBank Group and Balderton Capital.


Banjo Investors

Investors in Banjo by funding rounds participated
InvestorHQRoundsRoleFirst check
BlueRun VenturesUnited StatesSan Francisco, CA2ParticipantMar 2014
Balderton CapitalUnited KingdomLondon1LeadMar 2014
VTF CapitalUnited StatesLas Vegas, NV1ParticipantMar 2014
SoftBank GroupJapanTokyo1LeadMay 2015

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Banjo Competitors

Banjo competitors include listed companies like Tyler Technologies, TechnologyOne, Parsons and Cellebrite, and private ones like Govini and Mark43.

Public and private companies comparable to Banjo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Tyler TechnologiesUnited StatesUnited StatesPublicly listed$2.3B$543M$14B5.8x
TechnologyOneAustraliaAustraliaPublicly listed$426M$182M$6.7B13.7x
ParsonsUnited StatesUnited StatesPublicly listed$6.4B$543M$4.9B1.0x
CellebriteIsraelIsraelPublicly listed$476M$79M$3B4.8x
GoviniUnited StatesWashington, DCPrivate$100M-$1B10.0x
Mark43United StatesNew York City, NYPrivate--$1B-

Banjo Public Comps

Banjo is still privately-owned, but its public comps include Palantir, Constellation Software, Tyler Technologies, Indra Sistemas, TechnologyOne, Topicus, Parsons, Cellebrite, Blackbaud and Secunet.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Tyler Technologies$2.3B$543M6.2x5.8x26.6x20.4x
Indra Sistemas$6.3B$695M2.0x1.6x17.7x12.1x
TechnologyOne$426M$182M15.4x13.7x36.1x30.8x
Topicus$1.8B$393M3.4x3.0x15.3x10.6x
Parsons$6.4B$543M1.0x1.0x11.8x11.7x
Cellebrite$476M$79M5.4x4.8x32.3x17.3x

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Common questions about Banjo

When was Banjo founded?Banjo was founded in 2010.
Where is Banjo headquartered?Banjo is headquartered in Salt Lake City, UT, United States.
Is Banjo publicly listed?No, Banjo is a private, VC-backed company.
How much funding has Banjo raised?Banjo has raised $116M across 2 funding rounds.
What was Banjo's last funding round?Banjo's last funding round was a $100M Series C in May 2015, led by SoftBank Group.
Who are Banjo's investors?Banjo's investors include BlueRun Ventures, Balderton Capital, VTF Capital, SoftBank Group, Maven Ventures and Columbia Partners Private Capital.
Which companies are comparable to Banjo?Companies comparable to Banjo include Tyler Technologies, TechnologyOne, Parsons, Cellebrite, Govini and Mark43.

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