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 to small businesses. By streamlining lending applications, the company addresses the critical need for working capital among enterprises that rely on liquid assets to maintain operational momentum. BlueVine occupies a strategic niche in the fintech ecosystem, bridging the gap between traditional banking constraints and the agile financial requirements of modern small-to-medium enterprises.
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 Lightspeed Venture Partners, Silicon Valley Bank, Correlation Ventuers, and 83North
Series C (2016): $40M featuring Rakuten FinTech Fund, Menlo Ventures, Silicon Valley Bank, Lightspeed Venture Partners, 83NORTH, and Correlation Ventures
Series D (2016): $49M backed by 83North, Silicon Valley Bank, Menlo Ventures, Lightspeed Venture Partners, and Citi Ventures
Debt (2017): $75M with participation from Fortress Investment Group
Debt (2017): $130M led by Bank Leumi le Israel, Silicon Valley Bank, SunTrust Bank, and TriplePoint Venture Growth BDC Corp
Debt (2018): $200M supported by Credit Suisse
Series E (2018): $72M featuring M12, SVB Capital, Menlo Ventures, and Nationwide
Series F (2019): $102.5M backed by Menlo Ventures, 83North, Lightspeed Venture Partners, M12, OG Tech, Maor Investments, Vintage Investment Partners, MUFG Innovation Partners, Citi Ventures, SVB Capital, Nationwide, ION Crossover Partners, and ION Group
Debt (2020): $75M with participation from Atalaya
Key Investors in BlueVine
Lightspeed Venture Partners
Lightspeed Venture Partners is 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
Menlo Ventures is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, fintech, and infrastructure.
Silicon Valley Bank
SVB Financial Group offers commercial and private banking, asset management, and business valuation services, providing critical financial infrastructure to high-growth technology companies.
What's next for BlueVine?
As BlueVine moves beyond its initial scaling phases, the company is well-positioned to leverage its major enterprise-level funding to deepen its product suite and expand its market reach. The strategic alignment with institutional investors and venture capital partners suggests a focus on long-term sustainability and technological innovation. Future growth will likely center on enhancing its automated underwriting capabilities and potentially diversifying its financial service offerings to further support the evolving needs of its client base in an increasingly digital-first economy.
See full BlueVine company page
