SAN FRANCISCO, CA, Banyan Infrastructure, the leading sustainable financing software platform, today announced a $25 million Series B funding round.
Banyan Infrastructure, the leading sustainable financing software platform, today announced a $25 million Series B funding round, bringing the company's total funding to over $42 million. Climate software investor Energize Ventures led the round, with participation from new investors SE Ventures and Elemental Excelerator, and existing investors VoLo Earth and Ulu Ventures. Juan Muldoon, partner at Energize, has joined Banyan's board of directors.
Banyan Infrastructure is a purpose-built project finance software designed to simplify, accelerate, and optimize the financing of sustainable infrastructure across the full life cycle. Built by prior project financiers specifically for banks, investors and developers, the platform helps to replace spreadsheets, email, and pdfs with digitized loans and workflows, automating data aggregation and compliance tracking. This enables streamlined origination, servicing, and securitization of renewable energy loans and investments at higher volume and lower cost.
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