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Banneker Partners

Private equity

San Francisco · Growth · 30 people tracked

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Investment thesis

Banneker Partners focuses on lower-middle market enterprise software companies, aiming to create value by helping businesses build around their customers' value chain and ecosystem. The firm pursues growth through organic expansion, strategic M&A, and hands-on operational improvement. Its approach emphasizes operational excellence by instilling product management discipline, investing in product development, and building strong sales and marketing teams to develop product suites of meaningful scale. Banneker studies each industry's value chain, maps functionality to drive end-user value, invests in operational processes, and executes long-run strategies aligned with management, with the goal of helping companies become dominant providers to their customers.

Source: firm website, verified Aug 25, 2026.

Stage
Growth
HQ
San Francisco, US
Instruments
Equity
AUM
$3.4B
Tracked investments
27

Team · 30 people

from the firm's website
Alexis Aven· Executive Assistant
Kylie Clarke· Executive Assistant & Deal Coordinator

What they invest in

from 6 of 27 portfolio companies

SaaS ×6AI & Machine Learning ×3Enterprise Software ×3Cloud Computing ×1Deep Tech ×1Energy ×1GovTech ×1HR Tech ×1

HQs:United States×4

Investments · 27 tracked

founders shown can be your intro path

By year:2025 · 12021 · 12011 · 13 dated

AloftAcquired

Aloft Technologies is a US provider of drone operations, airspace management and UTM software for enterprise, government and recreational operators.

Arkieva

Supply chain planning for manufacturers.

CORE
Ever Ag

Ever.Ag provides agricultural software, risk management, brokerage and market intelligence services across dairy, crops and animal protein.

Eyelit

Eyelit Technologies is a Banneker Partners-backed provider of smart factory and supply chain software.

Fabric

Seattle-based headless commerce company offering modular APIs and back-end software for retailers and B2B brands.

Fluence TechnologiesAcquired

Toronto-based maker of cloud financial close, consolidation, disclosure management and reporting software, acquired by Anaplan.

Hint Health

Hint Health builds membership management, billing and payments software for direct primary care practices.

HS Govtechhsgovtech.comin𝕏Acquired

HS GovTech provides SaaS and mobile platforms for government agencies to manage regulatory work including licensing, permitting, inspections, invoicing, and disease surveillance.

Cloud ComputingGovTechSaaS

iGrafxigrafx.comin𝕏

iGrafx provides a process intelligence platform that gives AI agents the process context, visibility, and compliance guardrails needed to operate reliably within enterprise workflows.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsCounterview Capital

Industrial DefenderAcquired

Cyber security provider for industrial control systems in oil and gas, utility and chemical sectors; acquired by Lockheed Martin in 2014.

INFLORAcquired

Brazilian provider of a forest management system used to manage forest assets, silviculture, inventories and compliance.

Kualikuali.aiin𝕏Jul 2025

Kuali.ai provides AI-powered recruitment and talent acquisition software that automates the hiring process from job posting through onboarding.

AI & Machine LearningHR TechSaaSAustin, US

Co-investorsTechstarsOwl Ventures

Kuali

Kuali is a US SaaS company selling research administration, workflow, curriculum and financial software to higher education institutions.

L7 Informatics

Austin-based life sciences software company behind L7|ESP, a platform unifying lab data, workflows and manufacturing systems.

Levadata

LevaData provides an AI-based direct material sourcing and supply management platform for global manufacturers.

LINQ

Linq provides an API that lets businesses and AI agents message customers natively over iMessage, RCS and SMS.

Remsoft

Canadian software firm providing optimization, analytics and geospatial planning tools for forestry and land management.

ResFracresfrac.comin𝕏

ResFrac develops a fully coupled hydraulic fracturing and reservoir simulator, providing physics-based simulation software and consulting services for oil and gas operators to optimize well spacing, completion design, enhanced oil recovery, and geothermal systems.

Deep TechEnergySaaSPalo Alto, US

Mark McClure(Executive Officer, Director)

RoutewareDec 2011

Routeware builds route optimization, in-cab and fleet management software for waste and recycling haulers and municipalities.

Beaverton, US

Milt Mittelstedt(Director)Robert DeKoning(Executive Officer, Director)Pat Terrell(Director)Norm Lemay(Director)Robert Wiggins(Director)Lanz Fritz(Executive Officer)

Silo

Silo builds software and embedded financial services for perishable food supply chain distributors and grower-shippers.

SuccessKPIsuccesskpi.comin𝕏Dec 2021

SuccessKPI is an experience analytics and action platform for contact centers, providing insight and reporting for roles from agents to executives.

AI & Machine LearningEnterprise SoftwareSaaSCentreville, US

Praphul Kumar(Director, Promoter)inDavid Rennyson(Executive Officer, Director, Promoter)Piyush Patel(Director, Promoter)in

Surgimate

Surgimate is a New York-based provider of surgical coordination and scheduling software for U.S. surgical practices.

Texada

Rental, sales, and service solutions for heavy equipment rental houses and dealers.

Texada Softwaretexadasoftware.comin𝕏

Texada builds software for the equipment rental and dealership industry, including a field sales app for outside sales representatives.

Enterprise SoftwareSaaSSales Tech

Versaterm

Ottawa-based supplier of integrated public safety software for police, fire, EMS and emergency communications agencies.

XBE

XBE is a Kansas City-based operations management software platform for heavy construction, bulk materials and logistics.

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
Banneker Partners Fund II, L.P.LPs: Los Angeles County Employees Retirement Association, John S. and James L. Knight Foundation20187.4%1.16x0.07x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Banneker Partners made?
Banneker Partners has 26 tracked investments.
What stage does Banneker Partners invest at?
Banneker Partners invests at the Growth stage.
What sectors does Banneker Partners focus on?
Banneker Partners focuses on Enterprise Software, SaaS.
Where is Banneker Partners located?
Banneker Partners is headquartered in San Francisco, US.

Images

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