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Scott Banister

Founder of Memyard

Half Moon Bay, California

Overview 

Scott Banister is a seasoned capitalist based in Half Moon Bay, California, with a strong background in co-founding Memyard and serving on the board of directors for companies like Postmates and Topsy. He has made significant investments in a wide range of sectors, including AI, e-commerce, and consumer internet, with notable investments in companies like Niantic and Flexport. Banister's career highlights include co-founding IronPort Systems as CTO and serving as VP of Ideas at Idealab, showcasing his expertise in software engineering and business development. His extensive investment portfolio includes successful ventures like Arcee.ai, Turing.com, and ClassPass, demonstrating his strategic acumen in identifying and supporting promising startups.

Work Experience 

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Memyard

  • Co-Founder

    2023 - Current

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Da Vinci Schools

  • Board of Regents

    2013

    Independent charter school operator.

Da Vinci Schools are small, college-preparatory K-12 public charter schools

davincischools.org
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Postmates

  • Board of Directors

    2013 - 2020

    Your day just got awesome.

Serve is a friendly, autonomous delivery robot.

serve.postmates.com
EB

Ekso Bionics

  • Board of Directors

    2010 - 2014

    Exoskeletons for medical and military applications. Enables soldiers to carry more weight and those with paralysis to walk!

T

Topsy

  • Board of Directors

    2007 - 2013

    Search powered by the social web. If you use Twitter, you'll really love it. We're hiring.

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Slide

  • Board of Directors

    2005 - 2010

    Entertainment meets analytics. See also Max Levchin.

Slide enables users to create and personalize widgets and use them on social networks, blogs and desktops.

Raised $78,000,000.00 from T. Rowe Price and Fidelity.

slide.com

Powerset

  • Board of Directors

    2007 - 2008

    Like Wikipedia on steroids. The iPhone version is especially useful.

Powerset is a search engine focused on in-depth natural language processing.

Raised $20,500,000.00 from Amidzad Partners, Felicis, Founders Fund, CommerceNet, Foundation Capital and Valley Venture Capital.

powerset.com
IS

IronPort Systems

  • Co-Founder & CTO

    2000 - 2007

    Founded during the tech bust, IronPort became the leading provider of enterprise email routing and anti-spam solutions, and we were acquired by Cisco Systems in 2007 for $830 million. If another company has ever had a higher percentage of all-stars at all levels of the organization, I'd like to hear about it! If you see IronPort on someone's resume, they're very likely to be an A player.

Cisco DevNet is your source for everything developer at Cisco Systems.

developer.cisco.com

eVoice

  • Board of Directors

    2000 - 2000

    Email-enabled home voicemail service. Acquired by AOL. Funded by idealab!, Nokia Venture Partners, Worldview Technology Partners, and Oak Investment Partners.

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Idealab

  • VP Ideas

    1999 - 2000

    Got to work closely with Bill Gross, one of the coolest people you will ever meet. I landed this gig through my earlier contributions to the business model at GoTo/Overture.

Idealab is a technology incubator that provides resources to allow start-ups to rapidly introduce innovative products and services.

idealab.com

Education 

Investments 

Arcee.ai

Series A

Total funding: $30M

Together AI

Seed

Total funding: $130M

Stell

Seed

Total funding: $4M

Validated

Pre Seed

Total funding: $3M

Articles About Scott

Relevant Websites