Fundraising Fox
BanQu
Minnetonka, US · Founded 2016 · 3 known investors
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BanQu offers a blockchain-based procurement and sourcing platform that traces agricultural commodities from the individual farmer and geo-located plot of land through the supply chain. It captures supply chain and ESG data, including Scope 3 emissions, chain of custody, and deforestation monitoring, to help companies meet sustainability, traceability, and regulatory requirements in agricultural and commodity sourcing.
Founders & leadership
BanQu was founded in 2016 by Ashish Gadnis and Hamse Warfa.
AG
HW
Hamse WarfaCo-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.
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Stanislav NatalenkoExecutive
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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.
Related companies · 4
TraceXTraceX is a blockchain-powered platform that enables food and agricultural supply chain traceability, helping businesses ensure sustainability compliance and transparency across global supply chains.
GreenlyGreenly 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.
OracleOracle sells enterprise database software, applications and cloud infrastructure, and has grown through large acquisitions including PeopleSoft, Siebel and Sun Microsystems.
WorldfavorWorldfavor 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 working in the same space as BanQu.
Frequently asked questions
- What does BanQu do?
- BanQu offers a blockchain-based procurement and sourcing platform that traces agricultural commodities from the individual farmer and geo-located plot of land through the supply chain. It captures supply chain and ESG data, including Scope 3 emissions, chain of custody, and deforestation monitoring, to help companies meet sustainability, traceability, and regulatory requirements in agricultural and commodity sourcing.
- 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.