What is Blue Bite?
Since its inception in 2007, Blue Bite has been at the forefront of connecting people and information through the physical world. The company's patented platform empowers creators to build dynamic digital experiences, channeling them through physical items via technologies such as NFC, QR codes, and geofencing. This capability addresses critical brand challenges including product authentication, personalized consumer engagement, circular economy initiatives, enhanced storytelling, and driving incremental sales. Blue Bite has already deployed its solutions for tens of millions of products for globally recognized brands like adidas, Samsung, BVLGARI, Google, and Ford, underscoring its significant market penetration and impact.
How much funding has Blue Bite raised?
Blue Bite has raised a total of $5M across 3 funding rounds:
Private Equity
$2.5M
Private Equity
$2.1M
Debt
$350K
Private Equity (2016): $2.5M, investors not publicly disclosed
Private Equity (2017): $2.1M, investors not publicly disclosed
Debt (2020): $350K supported by PPP
Key Investors in Blue Bite
PPP
Public-Private Partnership
What's next for Blue Bite?
The substantial enterprise-level funding, indicated by $5M, suggests Blue Bite is in a growth phase, likely focusing on expanding its market reach and further developing its technological capabilities. The recent strategic investment of $350K points towards a deliberate effort to bolster specific areas of its business, potentially for market expansion, R&D acceleration, or strategic partnerships. This capital infusion is expected to fuel Blue Bite's mission to revolutionize how brands interact with consumers through connected physical products, solidifying its position as a leader in the Internet of Things (IoT) and digital experience space.
See full Blue Bite company page