Banyan Secures $8.2M Series A to Drive Investment Into Sustainable Infrastructure

Banyan, an funding facilitator for sustainable infrastructure headquartered in San Francisco, has confirmed a USD $8.2m Sequence A spherical led by VoLo Earth Ventures with a number of notable enterprise capital companies becoming a member of the spherical. The sizable funding spherical, which values the corporate at USD $47m, will allow Banyan to additional scale its go-to market engine, in addition to enhancing the help it’s in a position to supply to present clients.

Simply 18 months since its preliminary product launch, Banyan’s Sequence A spherical reaffirms the appreciable business curiosity presently surrounding the revolutionary platform. Led by VoLo Earth Ventures, with extra funding from Ulu Ventures, Vista Verde Capital, Nomadic Enterprise Companions and Industrious Ventures, the spherical places Banyan within the excellent place to realize its objective of digitizing and onboarding sustainable infrastructure investments and loans with increased velocity, standardization, and transparency.

Regardless of the advances in availability of asset and monetary information, investing in sustainable infrastructure stays a largely guide and inefficient set of processes relying closely on spreadsheets and disconnected techniques. Banyan’s platform tackles this situation head-on. By offering dynamic on-line checklists and scorecards, approval-based workflow automation, APIs to present information sources, a centralized information vault to enrich present digital information rooms, and a self-service shopper portal, the corporate offers a platform purpose-built for undertaking finance and sustainable infrastructure groups.

Since its inception, Banyan has helped to deploy and handle over USD $1bn of capital in direction of sustainable infrastructure developments. Nonetheless, set towards the backdrop of rising local weather issues, in addition to a extra concerted international effort by main establishments and nation states to deal with environmental challenges, the demand for such initiatives continues to rise. Due to its Sequence A increase, Banyan can assist its clients meet this rising demand sooner and extra successfully by simplifying and optimizing the mechanisms wanted to finance the change to low carbon infrastructure. In assembly this demand, Banyan brings actual expertise to bear and helps to sort out the price of capital, while nonetheless accelerating the deployment of mandatory sustainable infrastructure globally.

Talking on the increase, Will Greene, Founder and CEO at Banyan commented: “The face of infrastructure initiatives is altering. Whereas the period of megaprojects is way from over, developments are usually changing into smaller and cheaper. Nonetheless, the price and complexity of lending or investing has hardly modified. In response, infrastructure firms are more and more involved in options to assist handle rising pipelines and portfolios and reap the benefits of this market alternative.

“Fortunately, by automating contractual compliance and synthesizing key insights, Banyan gives the perfect system for addressing this problem. Now, with our Sequence A increase, we’re in a position to take this providing to the subsequent degree. Greater than ever, clients can depend on our resolution to proactively mitigate dangers by offering higher transparency throughout all counterparties. Briefly, our tech-first platform helps to offer loans and investments originated at the next velocity, serviced at a decrease value, and syndicated with higher liquidity.”

Alongside the increase, Kareem Dabbagh, Co-Founder and Managing Accomplice at VoLo Earth Ventures will be a part of Banyan’s Board of Administrators. Kareem is a photo voltaic business veteran, with appreciable expertise pursuing gentle value reductions on sustainable infrastructure initiatives by prioritizing innovation, high quality management, and course of enchancment. As such, he represents the perfect addition to the corporate’s rising worker ranks, and can deliver a number of key abilities, that are integral to Banyan’s core enterprise mission.

Talking on his involvement within the increase, alongside his appointment to the corporate’s board, Kareem advised us: “Banyan is an thrilling enterprise that’s serving to to reshape the world of sustainable infrastructure. By working with direct lenders, banks and undertaking house owners, the corporate can ship a service that’s lengthy overdue, with a price proposition to avoid wasting purchasers cash and supply actionable insights into sustainable belongings. What’s extra, by providing this service by a SaaS distribution mannequin, Banyan helps to make its resolution as accessible as potential, permitting it to profit the most important variety of individuals whereas accelerating deployment within the sector.”

Banyan Infrastructure is a software program platform for facilitating sustainable infrastructure investments, headquartered in San Francisco. Constructed by prior undertaking financiers in 2018, Banyan allows streamlined underwriting, threat administration, and finally securitization of infrastructure investments at increased quantity and decrease value.

Since its inception, Banyan has helped to deploy and handle over USD $1bn of capital in direction of developments together with photo voltaic, power effectivity, power storage, waste-to-value and extra. Backed by VoLo Earth Ventures, with extra funding from notable VCs, the enterprise has introduced an $8.2m Sequence A spherical which is able to facilitate important scaling and buyer help.