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Banner makes software for CRE owners to manage capital spend

withbanner.com
HQ: New York, NY, USA; San Francisco, CA, USA; Remote
11-50
Real Estate and Construction

Company research

Public company, workplace, funding, and market signals

Updated Jul 30, 2026

Overview

Banner is a New York-based real estate technology company that provides a CapEx management platform for commercial real estate owners and operators, centralizing budgets, bidding, approvals, reporting, and project execution to replace spreadsheets and email.

Primary product

CapEx management platform for CRE owners and operators

Founded

2020

Headquarters

New York, New York, United States

Team size

20-30

Industry

Real Estate Technology

Sub-industry

CapEx management / project management software for commercial real estate

Offices

New York, New York, United States
San Francisco, California, United States
Boca Raton, Florida, United States

Business model

B2B SaaS
sales-led enterprise software
demo-led software

Funding

Stage

Series A

Total raised

$13M

Latest round

Series A · Oct 2023

Latest amount

$10M

Series A

Oct 2023

$10M

Seed

Aug 2019

$3M

People & investors

Leadership

Mark Murphy

Co-Founder & CEO

Kunal Chaudhary

CTO, Co-Founder

Christopher Whitney

Director of Product Operations

Julian Knight

Head of Customer Success

Indra Mar

Head of Customer Success

Michael Feinstein

Chief Technology Officer / Director of Engineering

James Lindberg

Head of Sales

Founders

Eric Gao

Founder

Investors

Basis Set Ventures
Blackstone Innovations Investments
Fifth Wall
PruVen Capital
Y Combinator
Y Combinator Continuity Fund

Work & culture

Public materials suggest a small, hands-on, product-focused team that values full-feature ownership, configurable software, and automating spreadsheet-heavy CRE workflows.

Visa sponsorship

Limited

Compensation

Open YC roles published salary bands of about $160k-$210k with roughly 0.10%-0.40% equity, depending on role; roles were listed as US remote or US/CA remote, with visa requirements varying by job posting.

Product & market

Pricing

Demo-led / quote-based B2B SaaS

Differentiators

  • —Centralizes CapEx planning, budgets, bids, approvals, and reporting in one system
  • —OCR-powered ingestion of spreadsheet-heavy workflows
  • —Real-time integration/reconciliation with accounting systems such as Yardi, MRI Software, and Entrata
  • —Highly configurable to fit existing client processes
  • —Built for multifamily, commercial, and developer workflows
  • —Draw-ready reporting and automated draw package generation for development teams
  • —Claims to automate 80%+ of administrative work and save up to 10% on project costs

Technology

MongoDB
Node.js
React
Auth0
HubSpot CRM
GraphQL
Calendly
OCR

Customers

Institutional real estate owners
Real estate operators
Multifamily portfolios
Commercial portfolios
Developers
LivCor
Starwood Capital
Morgan Properties
April Housing
Harbor Group International
Industrious
FCP
Tourmaline
Summit Real Estate Group
Cardinal Group

Competitors

Northspyre
Rabbet
Procore
Yardi Capital Planning
Built
Tailorbird
Honest Buildings
Goliath Data

Scale & contact

Estimated revenue

$1M-$10M

Estimated monthly visits

9.9K

Traffic estimate as of Jun 2026

info@withbanner.com415-231-7512

Latest news

Banner Review: AI Powered CapEx Management for Institutional CRE

BestCRE · Apr 2026

Independent review describing Banner as an AI-powered CRE CapEx platform, highlighting institutional backing, automation claims, and market positioning.

How CRE Owners Can Optimize Their Project Bidding Process

Banner blog · Feb 2025

Banner's guide on bidding best practices, including cost-savings logic, compliance, and reducing change orders and project delays.

Cost Management Strategies for Real Estate Owners: Navigating Rising Construction Expenses and Interest Rates

Banner blog · Nov 2024

Banner discusses cost-control strategies for owners facing higher construction costs and interest rates, including software-driven visibility and financial planning.

From Spreadsheets to Success: Transforming Real Estate Portfolio Management

Banner blog · Nov 2024

Banner argues for moving from spreadsheets to specialized portfolio management software and highlights centralized data, dashboards, and API integrations.

Spend Management Platform Banner Raises $10 Million Series A Round

Commercial Observer · Oct 2023

Banner announced a $10 million Series A, bringing total capital raised to $13 million; the article details investors, customer references, product integrations, and expansion plans.

AboutBlogCase StudiesCompany LinkedInContactSolutions: CommercialSolutions: DevelopersSolutions: MultifamilyWebsiteYC Jobs / Careers
SourcesBanner website homeBanner about pageBanner solutions: multifamilyBanner solutions: commercialBanner solutions: developersBanner case studiesBanner blogBanner LinkedIn company pageY Combinator company pageY Combinator jobs at BannerCommercial Observer funding articleCB Insights company profileSeedtable funding roundsIndexed company profileGetLatka company profileMark Murphy LinkedInKunal Chaudhary LinkedInEric Gao LinkedIn

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