# Banner

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/banner-2

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.withbanner.com
- Total disclosed funding: $12M
- Latest round: Series A (Dec 21, 2022)
- Investors on record: 5

## About

Based in California, US, and founded in 2019 by co-founders Mark Murphy and Kunal Chaudhary, Bitfight, Inc., doing business as Banner, specializes in providing a streamlined and efficient workflow solution for managing unit renovations, making project delivery predictable and hassle-free. In October 2023, Banner raised USD 10 million in Series A funding from investors Basis Set Ventures, Blackstone Group, Fifth Wall Ventures, PruVen Capital, and Y Combinator.

Banner offers an all-in-one platform for project delivery, encompassing essential features such as budgeting, cost tracking, milestones, bidding, approvals, reporting, cash flow forecasting, and a comprehensive vendor and cost database. The platform allows clients to transition from outdated spreadsheets or legacy systems without having to overhaul their existing processes. 

The company plans to use the October 2023 funding to expand its capital expense (capex) platform for institutional real estate owners and developers, increase the workforce, launch its products, and expand into new markets.

## Funding rounds

- Series A, Dec 21, 2022, $12M — Blackstone Group, Y Combinator, Fifth Wall Ventures, Basis Set, PruVen Capital

## Investors

- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- Basis Set (https://capitalatlas.ai/funds/basis-set) — Series A
- PruVen Capital (https://capitalatlas.ai/funds/pruven-capital) — Series A