What is Broadlume?
Founded in 2015 and formerly known as AdHawk, Broadlume operates through three distinct entities: FloorForce, Creating Your Space, and FlooringStores. The company's core mission is to deliver powerful digital technology solutions tailored for the floor covering sector. Its comprehensive platform serves a diverse clientele, including retailers, manufacturers, builders, and end consumers, aiming to streamline digital engagement and operational efficiency within the industry. Broadlume is headquartered in Sarasota, Florida.
How much funding has Broadlume raised?
Broadlume has raised a total of $26M across 5 funding rounds:
Angel/Seed
$1.4M
Series A
$5M
Series A
$4.6M
Series B
$13M
Debt
$2M
Angel/Seed (2015): $1.4M with participation from Zelkova Ventures
Series A (2017): $5M led by Intel Capital
Series A (2017): $4.6M supported by Brightspark Ventures and Intel Capital
Series B (2019): $13M featuring Entrée Capital, Accomplice, and Table Management
Debt (2020): $2M backed by PPP
Key Investors in Broadlume
Brightspark Ventures
Brightspark Ventures is a venture capital firm known for investing in early-stage technology companies, likely focusing on disruptive innovations within the software and digital services sectors.
Intel Capital
Intel Capital is the corporate venture capital arm of Intel Corporation, typically investing in companies that align with Intel's strategic interests in areas such as semiconductors, AI, cloud computing, and advanced manufacturing.
Accomplice
Accomplice is a venture capital firm that focuses on early-stage technology startups, often characterized by its hands-on approach and commitment to building companies from the ground up.
What's next for Broadlume?
With a substantial enterprise-level funding context, Broadlume is strategically positioned for accelerated growth and market expansion. The recent major strategic investment likely signals an intent to further develop its technological offerings, enhance its market reach, and potentially explore new verticals within the broader home improvement or construction technology sectors. Future developments may include deeper integration of its sister companies' capabilities and leveraging data analytics to provide enhanced insights for its clients.
See full Broadlume company page
