Established in 2011, Banyan Water uses the power of data and analytics to deliver water savings to commercial real estate customers. Our sophisticated cloud based software platform has delivered over 2.3 billion gallons of water savings and associated asset value to our customers. Our savings are real and verified against utility data. We currently have over 1,000 acres under management and are growing nationally.
We’re proud to work with clients who are committed to saving water, and smart about saving money at the same time. Some of the properties that we work with include multifamily housing complexes, campuses, and office buildings.
Banyan Water is led by a team whose areas of expertise include sustainability, green technology, irrigation, data & analytics and outstanding customer service.
What’s in a name?
The Banyan tree, sacred in many cultures, grows roots from its branches, giving it the appearance of growing upside down. Just like tree roots underground, our water travels through systems underneath and throughout our fields, cities, landscapes and buildings. The roots are unseen, often forgotten – yet crucial for stability. Banyan Water turns that root system upside down, applying advanced technology to increase visibility and control over the way it is managed.
Gillan TaddunePresident & CEO
Gillan Taddune is the Chief Executive Officer of Banyan Water. She believes that technology solutions are the most effective way to address critical natural resource issues and has dedicated her career to realizing that vision. Gillan came to Banyan with the belief that water scarcity is a growing global concern and that sustainable water solutions must be adopted to address this critical issue. Prior to her time at Banyan Water, Gillan served in numerous executive positions at leading mission driven technology companies such as Recyclebank, ranked #1 on the Wall Street Journal’s list of top venture-backed cleantech companies; EnerNOC, a publicly-traded energy management firm helping large enterprise customers reduce their energy use, cost, and impact on the environment; and Green Mountain Energy, where she helped lead the company’s rapid growth and ultimate sale. She also served as Chief Economist for the Public Utility Commission of Texas where she developed the Texas Renewable Energy Portfolio standard resulting in over 9,000 MW of new wind capacity installed and for which she received achievement awards from the American Wind Energy Association (AWEA) and the Texas Renewable Energy Industries Association (TREIA). She currently sits on the Austin Technology Incubator’s Water Advisory Board where she advises start-ups in the water conservation field. Gillan has served as a member of the board of directors of the Electric Reliability Council of Texas (ERCOT) and the Texas Renewable Energy Industries Association (TREIA). Gillan holds an M.A. from The Johns Hopkins University and a B.A. from the University of Vermont.
Shane AllumbaughVP of Technology Operations
Shane Allumbaugh is the Vice President of Technology Operations at Banyan Water. He has served in a variety of executive leadership roles spanning Operations, Technology, and Product Management. Before joining Banyan, Shane worked with several organizations including Obsidian Solutions Group, Accruent, Waterfield Technology and FATHOM. Shane brings substantial experience in government, energy and utility sectors.
Shane began his career in the U.S. Navy where he served in the Special Warfare/Special Operations community for over 14 years. Shane earned a Bachelor of Science in Information Systems Management and received a Master of Business Administration from the University of Maryland.
David ClementsVP of Product
David Clements is the Vice President of Product at Banyan Water. He brings product management experience and software development leadership that spans small teams meeting the needs of 100,000 people to large teams delivering a billion-dollar flagship product line. Before joining Banyan, David worked with Emerson Process Management’s process automation division on their New Product Development team. He also spent time leading the full life cycle of their eLearning and CRM solutions.
Prior to that, David worked at GKS, a software startup which delivered yield enhancement software to the semiconductor industry and was purchased by Applied Materials. David holds a BS in Computer Science from the University of Texas and an MBA from St. Edward’s University.
Rebecca BusterudVP of Water Innovation Strategy
Rebecca Busterud is the VP of Water Innovation Strategy at Banyan Water. She brings experience in Sales Operations and Utility Data Analytics from her work in the energy industry.
Prior to joining Banyan in 2012, Rebecca worked at EnerNOC, where she was a Business Development Team Lead and was the first member of the Sales Operations Team. Prior to EnerNOC, Rebecca held business development and policy roles at Clean Power Finance and Pacific Gas and Electric Company. Rebecca holds a B.S. from Cornell University.
Jed SmithBoard Director
Jed Smith is a Managing Director of Catamount Ventures. Catamount, rooted in the creative process of company building, serves the gap in the market between angel investors and large venture funds. Jed’s extensive experience in company building includes founding drugstore.com (NASDAQ: DSCM), and co-founding Cybersmith, a retail store chain that showcased advances in information technology and multimedia software. Before that, Jed was Vice President of Sales at Tribe Computer Works (a networking hardware and software company that was successfully sold). He began his career in technology working for Tom Siebel and subsequently Marc Benioff at Oracle Corporation, ultimately serving as District Manager for Eastern Region.
Jed serves on the boards of Linden Lab, Seventh Generation, Siterra, Flock, Ecohaus, Nest Collective, and Revolution Foods. He has also served on the boards of education and non-profit institutions, including the Middlebury College, the Monterey Institute for International Studies, Shackelton Schools and the Cambridge Center for Adult Education. He earned a BA from Middlebury College and an MBA from Harvard Business School.
Jeffrey SchutzBoard Director
Jeffrey Schutz is currently a managing director of Centennial Ventures, a Denver-based venture capital firm. Since joining Centennial in 1987, he has developed an impressive record of overseeing durable growth. Jeffrey has been directly involved with financing more than one hundred investments and helping entrepreneurs build valuable, sustainable businesses.
He serves on boards of numerous private and public companies, including Centennial Ventures, CenterStone Technologies, Inc., Siterra Corp., and Accellos, Inc. He is also a Trustee of the National Trust for Historic Preservation in Washington, D.C., and serves on the board of the Coastal Conservation League. He received a BA in Economics from Middlebury College and an MBA from the Darden School at the University of Virginia.
John HamelBoard Director
John Hamel is a General Partner at Cue Ball, a Boston-based venture and growth equity firm focused on recurring revenue platforms in business information services, digital media, and specialty consumer opportunities. Prior to co-founding Cue Ball, John was Director of Business Intelligence at AnswerThink, where he became a trusted advisor to global enterprises such as Verizon and GE and multi-unit chains such as the Hard Rock Café. He was also founder and president of The Hamel Group, a real estate development group and is co-founder of MiniLuxe aiming at “Starbucking ” the nail salon.
John currently sits on the boards of JW Player, Lex Machina, Epic Burger, and Banyan Water and is a board observer of MiniLuxe, ShapeUp, and Rentlytics.
He is also chairman of the non-profit International Sand Sculpting Festival which hosts over 800,000 people each summer on Revere Beach, America’s first public beach.
News & Events
On quest to cut water waste, Austin software startup raises $1.4M
Banyan Water Named Finalist for Austin Chamber of Commerce Awards
Banyan Water Included on List of 100 IoT Startups Disrupting Auto, Healthcare, Energy, And More