What is BlueVine?
Founded in 2013 and headquartered in Redwood City, California, BlueVine provides a sophisticated online platform that offers lines of credit and invoice factoring services. By focusing on small businesses that rely on liquid assets to fuel their early-stage expansion, the company has effectively disrupted the traditional lending landscape. Its proprietary technology streamlines the application process, allowing for rapid credit decisions that are often unavailable through conventional financial institutions. BlueVine's market position is defined by its ability to integrate seamlessly into the operational workflows of its clients, providing the necessary financial agility to support sustained business development.
How much funding has BlueVine raised?
BlueVine has raised a total of $766M across 11 funding rounds:
Series A
$1.5M
Series B
$18.5M
Series C
$40M
Series D
$49M
Debt
$75M
Debt
$130M
Debt
$200M
Series E
$72M
Series F
$102.5M
Debt
$75M
Series A (2014): $1.5M led by Undisclosed
Series B (2015): $18.5M supported by Correlation Ventuers, Silicon Valley Bank, 83North, and Lightspeed Venture Partners
Series C (2016): $40M featuring Silicon Valley Bank, Rakuten FinTech Fund, Correlation Ventures, 83NORTH, Menlo Ventures, and Lightspeed Venture Partners
Series D (2016): $49M backed by Silicon Valley Bank, 83North, Lightspeed Venture Partners, Menlo Ventures, and Citi Ventures
Debt (2017): $75M with participation from Fortress Investment Group
Debt (2017): $130M led by TriplePoint Venture Growth BDC Corp, SunTrust Bank, Bank Leumi, and Silicon Valley Bank
Debt (2018): $200M supported by Credit Suisse
Series E (2018): $72M featuring SVB Capital, M12, Nationwide, and Menlo Ventures
Series F (2019): $102.5M backed by M12, OG Tech, Vintage Investment Partners, Menlo Ventures, Maor Investments, SVB Capital, MUFG Innovation Partners, Citi Ventures, Nationwide, ION Crossover Partners, 83North, Lightspeed Venture Partners, and ION Group
Debt (2020): $75M with participation from Atalaya
Key Investors in BlueVine
Lightspeed Venture Partners
A global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
Menlo Ventures
A Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies, typically taking board roles and partnering with founders through multiple stages of scale.
SVB Capital
The investment arm of SVB Financial Group, providing commercial and private banking, asset management, and funds management services to the innovation economy.
What's next for BlueVine?
With the successful acquisition of its latest capital, BlueVine is well-positioned to further enhance its product suite and expand its market reach. The strategic focus will likely shift toward deepening its integration with enterprise-level financial ecosystems and optimizing its credit risk assessment models. As the company moves beyond its initial scaling phase, the emphasis will remain on maintaining a competitive edge in the fintech space by leveraging its existing partnerships with major financial institutions to offer more comprehensive, data-driven lending products. The firm's ability to attract significant debt and equity financing suggests a long-term strategy aimed at becoming a foundational pillar in the small business financial services sector.
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