Banana Capital

Banana Capital is a venture capital firm founded in 2021 and based in Ann Arbor, Michigan. The firm invests globally across various sectors, focusing on stages from pre-seed to pre-IPO. Banana Capital typically makes initial investments ranging from $25,000 to $300,000 and is open to both being a founder’s first investor and participating in later funding rounds. The firm manages multiple funds, including Banana Capital Fund I and Fund II, with a target of making approximately 35 to 40 investments, particularly emphasizing opportunities in the Information Technology and Internet of Things sectors.

Olivia Deng

Investor

Turner Novak

Investor

24 past transactions

Chainguard

Series A in 2022
Developer of a supply chain security software designed to make the software lifecycle secure by default. The company's software applies zero-trust principles to supply chain protection to make the software lifecycle secure by default and uses compliant-build systems and integrations, enabling businesses to manage their supply chain security risks.

Candor

Seed Round in 2022
Candor is a professional network designed to enhance collaboration within teams by offering a variety of culture-building tools. The platform enables users to create personalized user manuals that outline their work preferences, such as communication styles and feedback preferences. It facilitates shoutouts, check-ins, and peer-to-peer feedback, along with structured 1-on-1 meetings. Additionally, Candor allows for the collection and verification of reviews on employees, highlighting their strengths and areas for growth. By providing actionable insights, Candor aims to help individuals learn and improve their contributions to their teammates, fostering a more engaged and effective work environment.

Umba

Series A in 2022
umba develops a mobile application for financial services. Its tool calculates credit eligibility of customers. umba was formerly known as Mkopo Kaka. The company was founded in 2017 and is based in Nairobi, Kenya.

GOALS

Seed Round in 2022
Goals is a provider of an online football game that focuses on creating a multiplayer experience primarily for PC and console users. The platform allows gamers to connect digitally, fostering a sense of community within the gaming environment. By incorporating elements of esports, Goals enables players to engage with football in a unique way, bridging the gap between real-world experiences and digital interactions. Additionally, the game offers players the opportunity to own in-game digital assets as they participate, enhancing the overall gaming experience.

Compound

Series B in 2022
Compound Financial, Inc. specializes in wealth management services for startup employees, assisting them in understanding the implications of their stock options. Founded in 2019 and based in San Francisco, the company offers tools that help clients forecast the potential value of their equity over time while also addressing optimization strategies related to taxes. Despite being a relatively new entrant in the market, Compound has quickly garnered a customer base of 200 startup employees, reflecting its growing relevance in the financial services sector.

Mio

Series A in 2022
Mio App is a community application for groups of friends, colleagues, neighbors, to buy together fresh items imported directly from farmers and gardeners, ensuring the best price for everyone.

CreditBook

Seed Round in 2021
Developer of a financial management platform designed to serve micro, small, and medium enterprises. The company's software allows customers to track pending payments, receive payment reminders, and keep a record of all transactions, enabling clients to have greater efficiency and transparency in decision-making.

Kilo

Seed Round in 2021
Kilo develops a retail platform that provides retailers access to price, assortment, and inventory management. The platform is designed specifically to serve small and medium-sized retailers. The Kilo network effect creates a virtuous growth cycle for both supply and demand.

JOKR

Series B in 2021
JOKR is a grocery and delivery platform that provides hyper-local product delivery services. The company offers customers delivery of an assortment of grocery and retail items to their doorstep in less than 15 minutes. It aims to democratize retail by bringing together global suppliers' all-time favorite products and local brands to support the small businesses in every neighborhood while minimizing waste. JOKR currently operates hubs in cities including New York, São Paolo, Mexico City, Bogota, Lima, Warsaw, and Vienna. It was headquartered in New York, New York in 2021.

Flox

Seed Round in 2021
Flox is an app to help friend groups meet each other.

KitaBeli

Series A in 2021
KitaBeli is a startup that sells daily essentials, fast-moving consumer goods (FMCG), and other household items.

TAG

Seed Round in 2021
Developer of a financial application designed to facilitate payments at transparent pricing. The company's application allows users to send and receive money instantly without fees to anyone with an app account or bank account and also allows them to pay utility bills and many more, enabling individuals to transfer and receive money anytime through their mobiles.

VINN

Venture Round in 2021
VINN operates at the intersection of technology and automotive retail, focusing on transforming the traditional car buying experience. The company has developed a digital e-commerce platform that facilitates the online purchase of new and used vehicles. This platform not only generates leads for dealerships but also offers concierge services to customers, enhancing their shopping experience. Additionally, VINN provides e-commerce capabilities for dealers' websites, enabling seamless digital transactions. By connecting buyers with dealerships, VINN aims to create a comprehensive one-stop shopping environment in the automotive sector.

Mindset Health

Seed Round in 2021
Mindset Health Pty Ltd is a digital therapeutics company based in Melbourne, Australia, founded in 2017. It specializes in providing an application that utilizes hypnotherapy to address various mental health issues and chronic conditions. The platform focuses on managing irritable bowel syndrome (IBS) without requiring dietary changes, while also offering solutions for improving sleep, reducing anxiety and stress, and enhancing cognitive behavioral therapy. Mindset Health aims to deliver a rapid, cost-effective, non-addictive, and safe alternative for individuals seeking treatment for chronic pain, anxiety, and depression, making mental health support more accessible to those with a smartphone.

SoleSavy

Series A in 2021
SoleSavy is building the next generation of paid communities and marketplace. Our mission is to make collecting sneakers accessible and bring like-minded communities together.

SoleSavy

Series A in 2021
SoleSavy is building the next generation of paid communities and marketplace. Our mission is to make collecting sneakers accessible and bring like-minded communities together.

Facily

Series C in 2021
Facily is a social commerce marketplace in Latin America. The platform focuses on low-ticket items, delivering great prices and differentiated logistics to lower income neighbourhoods, leveraging learnings from China. Facily offers a unique experience by bringing the opportunity to buy together with friends directly from producers and manufacturers, having fun playing with freemium features. Facily also promotes community buying by leveraging local leaders and influencers.

Flex

Pre Seed Round in 2021
Operator of a financial platform intended to accelerate business growth. The company provides a one-stop shop for business owners to manage their finances through products like banking, credit cards, expense management, accounts receivable, accounts payable, b2b payments, international payments, business insurance, cash flow reporting, business analytics, working capital, high-net-worth banking, and more, enabling businesses to reduce the time it takes to get paid through customized discounts and negotiation terms and eliminate expenses on tracking and reconciliation.

Arrive Recommerce

Seed Round in 2021
Arrive Outdoors offers a premium rental service for consumers, brands, and retailers. Our Rental-as-a-Service technology and reverse logistics gives brands and retailers the ability to integrate rental directly into an existing ecommerce experience. With our unique model, Arrive Outdoors makes it possible for any company to seamlessly launch a rental channel - ultimately reaching more consumers, driving more revenue, and promoting a more sustainable solution. Arrive Outdoors also supports partners like outdoor companies, organizations, nonprofits, park systems and resorts to provide an 11 star outdoor experience for all. Arrive Outdoors was awarded the 2019 Outdoor Retailer of the Year by the Outdoor Retailer Association for our innovative model.

KitaBeli

Series A in 2021
KitaBeli is a startup that sells daily essentials, fast-moving consumer goods (FMCG), and other household items.

Secureframe

Series A in 2021
Secureframe, Inc. is a company based in San Francisco, California, that specializes in compliance automation software focused on security and privacy standards. Founded in 2020 by Shrav Mehta and Natasja Nielsen, Secureframe offers solutions for organizations seeking to achieve and maintain SOC 2 and ISO 27001 certifications. Its platform automates compliance audits and provides continuous monitoring, ensuring that service providers manage data securely and uphold the privacy of their clients. By streamlining the compliance process, Secureframe enables companies worldwide to efficiently navigate complex regulatory requirements and maintain adherence to essential security standards.

Bottomless

Series A in 2021
Bottomless is a company that has developed a WiFi-enabled scale designed to enhance the coffee subscription experience. This innovative scale allows users to track their coffee consumption and automatically reorder freshly roasted beans when supplies run low. By syncing with the scale, consumers can specify their preferences, enabling the platform to learn individual caffeine habits and provide personalized coffee selections. This approach ensures that customers receive fresh coffee at optimal times, avoiding the stale offerings typically associated with traditional coffee purchases.

Canvas

Seed Round in 2020
Canvas makes data teams spend less time on SQL favors and dashboard maintenance.
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