EastBanc Technologies
EastBanc Technologies was a Washington, D.C.-based software development services firm specializing in cloud, mobile, enterprise, and business intelligence solutions for enterprise clients, founded in 1999 and acquired by Solvd Inc. in 2024.
- Company typePrivate
- Founded1999
- HeadquartersWashington, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What EastBanc Technologies does
EastBanc Technologies was a Washington, D.C.-based, full-service software development firm founded in 1999 that delivered cloud, mobile, enterprise, and business intelligence solutions to enterprise clients through custom development services. The company operated a leadership bench spanning a CTO function, a Director of Innovation, and an HR head, consistent with a professional services delivery model rather than a packaged-product company. In 2024, EastBanc Technologies was acquired by Solvd Inc., and the entity is now operated as part of Solvd; the EastBanc Technologies website redirects visitors to solvd.com, signaling full integration rather than a brand-preserved subsidiary. No proprietary products, pricing models, or app-store listings are disclosed in the available data, reinforcing the services-revenue profile. The technology arm shared branding and founding leadership with EastBanc Inc., a separate Washington, D.C. real estate investment firm that controls 38 properties across Georgetown, West End, and Capitol Hill and operates a Lisbon regional office, with anchor tenants including Google, Tesla, and J.Crew.
EastBanc Technologies firmographics
Firmographics- Name
- EastBanc Technologies
- Legal name
- EastBanc Inc.
- Website
- https://eastbanctech.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- EastBanc Technologies was a Washington, D.C.-based software development services firm specializing in cloud, mobile, enterprise, and business intelligence solutions for enterprise clients, founded in 1999 and acquired by Solvd Inc. in 2024.
- Ownership category
- akta.pro rank
EastBanc Technologies industry classification
Industry- Product category
- Custom Software Development Services
- NAICS
- Computer Systems Design Services (541512)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Enterprise Application Lifecycle Management (ALM) Platforms (HDAEAKAJ)
- akta.pro secondary industry
- Infrastructure Automation & Configuration Management (IaC) (HDABABAF)
Keywords
Where EastBanc Technologies is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
EastBanc Technologies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Distribution channels1 record
EastBanc Technologies product offering
Product offeringCore offering
EastBanc Technologies was a full-service software development company focused on building cloud, mobile, enterprise, and business intelligence solutions for organizational clients. Founded in 1999 and headquartered in Washington, D.C., the firm provided end-to-end custom software engineering services. The company operated as the technology arm of EastBanc Inc. and was acquired by Solvd Inc. in 2024.
Product overview
EastBanc Technologies was a technology division of EastBanc Inc., a Washington D.C.-based real estate investment firm. According to the company website, EastBanc Technologies is now part of Solvd.Inc following an acquisition in 2024. No specific product or service offerings are detailed in the available source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Cloud Solutions Development
Companies that use EastBanc Technologies
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles1 record
EastBanc Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EastBanc Technologies partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- JLLminorJLL (Jones Lang LaSalle) represented Meermin in securing the retail lease at 3001 M Street NW in Georgetown, Washington DC. JLL acted as a commercial real estate broker facilitating the tenant placement.
- Solvd Inc.coreEastBanc Technologies, the technology arm of EastBanc, was acquired by Solvd Inc. in 2024. The technology division was divested while the real estate investment business continued under EastBanc Inc.
- MeerminminorSpanish footwear brand Meermin signed a retail lease with EastBanc Inc. at 3001 M Street NW in Georgetown. The transaction was completed in March 2026 with store opening planned for Summer/Fall 2026.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
EastBanc Technologies competitors and assessment
Company assessmentDirect peers
- Slalom: Mid-sized U.S. business and technology consulting firm with a comparable mix of cloud, enterprise, and data/BI delivery capabilities and a similar regional-office operating model.
- Perficient: Mid-tier digital consultancy with end-to-end enterprise software development, cloud, and BI services for mid-market and enterprise clients, closely overlapping EastBanc Technologies' stated capabilities.
- Thoughtworks: Global software engineering services firm specializing in enterprise application development, cloud, and data platforms with a delivery-led model similar to EastBanc Technologies' full-service software development focus.
- EPAM Systems: Large-scale software engineering services provider with comparable enterprise, cloud, mobile, and BI practices and significant nearshore/offshore delivery capacity.
- Globant: IT and digital services firm focused on cloud-native enterprise software, mobile, and data/BI engineering for enterprise customers globally.
Broad incumbents
- Deloitte Digital: Big Four digital consulting arm offering enterprise cloud, mobile, and analytics services at a much larger scale; overlaps with EastBanc Technologies' enterprise development focus but addresses a broader portfolio of strategic consulting engagements.
- Capgemini: Global IT services leader with a substantial digital and cloud engineering practice that competes with mid-sized firms like EastBanc Technologies for enterprise transformation work.
- Cognizant: Large global IT services provider whose enterprise application services, cloud, and analytics practices directly overlap with EastBanc Technologies' described capabilities, though at a much larger scale.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
EastBanc Technologies social profiles
Digital presenceEastBanc Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
EastBanc Technologies leadership team
Management profileNumber of profiles
Profiles6 records
EastBanc Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EastBanc Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EastBanc Technologies
What does EastBanc Technologies do?
EastBanc Technologies was a full-service software development company focused on building cloud, mobile, enterprise, and business intelligence solutions for organizational clients. Founded in 1999 and headquartered in Washington, D.C., the firm provided end-to-end custom software engineering services. The company operated as the technology arm of EastBanc Inc. and was acquired by Solvd Inc. in 2024.
Is EastBanc Technologies a public or private company?
EastBanc Technologies is a private company. It is classified as corporate owned and is currently operating.
When was EastBanc Technologies founded?
EastBanc Technologies was founded in 1999. It employs 51 to 100 people.
Where is EastBanc Technologies based?
EastBanc Technologies is headquartered in Washington, United States, in the North America region.
Who are EastBanc Technologies's main competitors?
Direct peers on record are Slalom, Perficient, Thoughtworks, EPAM Systems and Globant. Broad incumbents are Deloitte Digital, Capgemini and Cognizant.
Does EastBanc Technologies have an API?
No public API is recorded for EastBanc Technologies.
What industry is EastBanc Technologies in?
EastBanc Technologies's product category is Custom Software Development Services. Its primary akta.pro industry code is HDAEAKAJ, Enterprise Application Lifecycle Management (ALM) Platforms, with a secondary code of HDABABAF, Infrastructure Automation & Configuration Management (IaC). Its NAICS code is 541512 and its SIC code is 7371.