BanQu
Minnetonka, US · Founded 2016 · 3 known investors
Find your way into BanQu
445 people in our graph share verified history with the BanQu team — schools, employers, funds. One of them is your warm intro.
Bijan Sabetunlockedknows Hamse Warfa · together at U.S. Department of State (overlapped)
×4knows the team · via U.S. Department of State
×2knows the team · via Unreasonable
knows the team · via Hamline University
×3knows the team · via UMN Carlson School of Management
knows the team · via RSM US LLP (post-acquisition of Forward Hindsight)
BanQu provides blockchain-based supply chain traceability software that enables businesses to track products from raw materials to end consumer, capturing compliance, sustainability, and operational data across agriculture, food, manufacturing, and consumer goods industries.
Founders & leadership
BanQu was founded in 2016 by Ashish Gadnis and Hamse Warfa.
AG
Ashish Gadnisin𝕏Co-Founder / CEOHe brings 27 years of experience in business solutions, technology deployments, startups, and social enterprise work in extreme poverty and conflict zones across five continents.
HW
Hamse Warfain𝕏Co-founder & Biz DevHamse Warfa is co-founder and executive vice president at BanQu, a blockchain-based supply chain traceability software company. He previously served as Deputy Commissioner for Workforce Development at Minnesota's Department of Employment and Economic Development, U.S. State Department Senior Adviser, and CEO of World Savvy, and holds a master's degree in organizational management from Springfield College and a bachelor's degree in political science from San Diego University.
SN
Stanislav NatalenkoExecutive
JK
Jeff KeiserCo-founder & COO
Board
JC
Jed ColeBoard director
Investors · 3
Also in the syndicate · 2
Blue Clay Pan Africa FundBrick Street Holdingslead
Reported raises · per SEC filings
Form D private placements$11.2M disclosed across 5 rounds · 2016–2024
▶$7.2MraisedDec 2024 · 10 investors · Other TechnologyRule 506(b)
▶$7.2MraisedDec 2024 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jeff KeiserExecutive Officer, Promoter
- Stanislav NatalenkoExecutive Officer
- Ashish GadnisExecutive Officer, Director, Promoter
- Hamse WarfaExecutive Officer, Promoter
- Jed ColeDirector
- Offering amount
- $10M
- Amount sold
- $7.2M
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$50KraisedOct 2024 · 1 investors · Other TechnologyRule 506(b)
▶$50KraisedOct 2024 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jeff KeiserExecutive Officer, Promoter
- Ashish GadnisExecutive Officer, Director, Promoter
- Hamse WarfaExecutive Officer, Promoter
- Jed ColeDirector
- Stanislav NatalenkoExecutive Officer
- Offering amount
- $500K
- Amount sold
- $50K
- Minimum investment
- $25K
- First sale
- Sep 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.4MraisedJun 2019 · 10 investors · Other TechnologyRule 506(b)
▶$1.4MraisedJun 2019 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ashish GadnisExecutive Officer, Director
- Samantha HansonDirector
- Cameron YuillDirector
- Jeffrey KeiserExecutive Officer
- Seraina MaciaDirector
- John BelizaireDirector
- Offering amount
- $7M
- Amount sold
- $1.4M
- First sale
- May 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.5MraisedApr 2018 · 20 investors · Other TechnologyRule 506(c)
▶$2.5MraisedApr 2018 · 20 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Hamse WarfaExecutive Officer
- Jeffrey KeiserExecutive Officer
- Ashish GadnisExecutive Officer, Director
- Offering amount
- $10M
- Amount sold
- $2.5M
- Minimum investment
- $10K
- Sales commissions
- $109K
- Placement agents
- Templum Markets LLC
- First sale
- Apr 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06c
▶$100KraisedJun 2016 · 3 investors · Other TechnologyRule 506(b)
▶$100KraisedJun 2016 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Hamse WarfaExecutive Officer
- Ashish GadnisExecutive Officer, Director
- Jeffrey KeiserExecutive Officer
- Amount sold
- $100K
- First sale
- Jun 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Netezza68 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Tracextech45 shared keywordsTraceX is a blockchain-powered platform that enables food and agricultural supply chain traceability, helping businesses ensure sustainability compliance and transparency across global supply chains.
Greenly40 shared keywordsGreenly provides an AI-based platform for carbon accounting, greenhouse gas assessment, product life-cycle analysis (LCA), and ESG compliance reporting. It serves companies from SMEs to large enterprises looking to measure, report, and reduce their carbon footprint and meet climate regulations.
Worldfavor33 shared keywordsWorldfavor provides a platform for procurement and sustainability teams to conduct supplier due diligence and manage ESG compliance at scale using AI to identify and prioritize risks across supply chains. The company serves enterprises seeking to embed structured sustainability practices into their operations and regulatory reporting.
Companies competing with BanQu for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does BanQu do?
- BanQu provides blockchain-based supply chain traceability software that enables businesses to track products from raw materials to end consumer, capturing compliance, sustainability, and operational data across agriculture, food, manufacturing, and consumer goods industries.
- Who founded BanQu?
- BanQu was founded by Ashish Gadnis, Hamse Warfa in 2016.
- Who are BanQu's investors?
- BanQu's investors include Raptor Group.
- How much funding has BanQu raised?
- BanQu has disclosed $11.2M raised across 5 rounds.
- Where is BanQu headquartered?
- BanQu is headquartered in Minnetonka, US.