Scott Banister

Angel

Overview

Gender
male
Investor Type
Angel
Investor Stage
Seed

Scott is an American entrepreneur and angel investor. He is best known as a co-founder of IronPort and an early advisor and board member at PayPal.

Scott Banister started his career as a pioneer in the email business. He was Founder and VP of Technology at ListBot, the largest ASP for business email list hosting. ListBot was acquired by Microsoft. After ListBot, Scott spent his time working with other start-ups as a board member and investor. These start-ups include eVoice, creator of the first email-enabled home voicemail service, which was acquired by AOL in 2001. He served as VP of Ideas at idealab!, where he contributed numerous innovations, including the unique bid-for-placement search engine model that powers Overture. In December 2000, with Scott Weiss, Banister co-founded IronPort, an email appliance provider that was acquired in 2007 by Cisco for US$830 million.

Scott Banister is co-founder and Chairman of [Zivity](http://www.crunchbase.com/organization/zivity), a social networking site co-founded with his wife, [Cyan Banister](http://www.crunchbase.com/person/cyan-banister). He was an early investor in [Powerset](http://www.crunchbase.com/organization/powerset), a startup building a natural language search engine, and sits on the company's Board of Directors. He also sits on the Board of Directors for Slide, a start-up founded by PayPal co-founder Max Levchin.

Other private equity investments include Zappos.com, LiveOps, Facebook, Hi5.com, Tagged.com, iLike, and Causes.com.
Banister attended University of Illinois at Urbana-Champaign, from which he dropped out in 1996 to move to Silicon Valley. He currently lives in Half Moon Bay, California with his wife Cyan.

Personal Investments

Number of Investments
26
Scott Banister has made 26 investments. Their most recent investment was on Oct 24, 2015, when Seed raised $5M.
Date Company Name Round Money Raised Industry
May 12, 2022 TipTop Series A $23M Cryptocurrency Detail
Dec 6, 2021 Serve Robotics Seed $13M Food Delivery Detail
Mar 2, 2021 Serve Robotics Seed Food Delivery Detail
Jul 28, 2020 Density Series C $51M Analytics Detail
Jul 25, 2018 Forge Series B $50M Finance Detail
Dec 14, 2016 Suiteness Series A $5M Family Detail
Apr 26, 2016 ClearTax Angel $1.30M Accounting Detail
Feb 25, 2016 Niantic Series A $5M Augmented Reality Detail
Dec 8, 2015 Suiteness Seed $1M Family Detail
Oct 24, 2015 Seed Series Unknown $5M Banking Detail
Jul 9, 2015 The EVERY Company Seed $1.70M Biotechnology Detail
Jan 29, 2015 Cargomatic Series A $8M Logistics Detail
Nov 14, 2014 OneName Seed $1.50M Blockchain Detail
Aug 20, 2014 Chain Series B $9.50M Blockchain Detail
Jul 24, 2014 Fixed Seed $1.20M Apps Detail
Jun 17, 2014 Forge Angel $500K Finance Detail
Apr 1, 2014 Flexport Series A $6.90M Freight Service Detail
Jul 16, 2013 Sauce Labs Series C $5M Cloud Infrastructure Detail
Jun 27, 2013 Propeller Seed $1.25M Mobile Detail
Mar 19, 2013 Postmates Series A $5M Delivery Detail
Oct 13, 2011 DuckDuckGo Series Unknown $3M Internet Detail
Feb 14, 2011 Uber Series A $11M Logistics Detail
Oct 15, 2010 Uber Angel $1.25M Logistics Detail
Jan 1, 2010 Plex Series A $1M Digital Media Detail
Aug 11, 2009 SpaceX Series E $30.43M Advanced Materials Detail
Jan 1, 1999 PayPal Seed E-Commerce Platforms Detail