How Much Did Blue Bite Raise?
Funding & Key Investors

Blue Bite has secured $5M in total capital, with its most recent funding round bringing in $350K in a major strategic investment. This latest financing round, dated April 28, 2020, signifies a pivotal moment for the company as it continues to scale its innovative platform.

What is Blue Bite?

Blue Bite
SoftwareCustomer Engagement PlatformsMobile App Development

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:

2016

Private Equity

$2.5M

2017

Private Equity

$2.1M

2020

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.

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Frequently Asked Questions Regarding Blue Bite Financial Insights

What are the most recent funding rounds that Blue Bite has completed, and what were the funding rounds?
Blue Bite has recently completed 3 funding rounds: Debt on Apr 28, 2020, Private Equity on Dec 14, 2017, Private Equity on Aug 10, 2016.
What is the total amount of funding Blue Bite has raised to date?
Blue Bite has raised a total of $5M in funding to date.
How many funding rounds has Blue Bite completed?
Blue Bite has completed 3 funding rounds.
How much funding did Blue Bite raise in its most recent funding round?
Blue Bite raised $350K in its most recent funding round.
Who are the lead investors in Blue Bite's latest funding round?
The lead investor in Blue Bite's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Blue Bite's history?
The largest funding round in Blue Bite's history was $2.5M.
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