BlooLoc

Hasselt, Belgium Founded: 2014 • Age: 12 yrs
Provider of location tracking solution
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About BlooLoc

BlooLoc is a company based in Hasselt (Belgium) founded in 2014.. BlooLoc has raised $2.24 million across 2 funding rounds from investors including European Union and LRM. The company has 5 employees as of December 31, 2022. BlooLoc offers products and services including yooBeeEYE PALLET TRACK, yooBeeEYE SAFE, and yooBeeEYE INSIGHTS. BlooLoc operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Navenio, Vimcar and Topcon Positioning, among others.

  • Headquarter Hasselt, Belgium
  • Employees 5 as on 31 Dec, 2022
  • Sectors
    Technology
    Industrial Goods & Manufacturing Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blooloc
Operational Areas
Technology → Geospatial, Imaging & Sensing Technology
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Extended, Virtual & Augmented Reality
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.24 M (USD)

    in 2 rounds

  • Latest Funding Round
    $142.75 K (USD), Grant

    Jan 01, 2021

  • Investors
  • Employee Count
    5

    as on Dec 31, 2022

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Products & Services of BlooLoc

BlooLoc offers a comprehensive portfolio of products and services, including yooBeeEYE PALLET TRACK, yooBeeEYE SAFE, and yooBeeEYE INSIGHTS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables automatic real-time tracking of pallet movements.

Prevents accidents by detecting risks in warehouse environments.

Provides data for optimizing warehouse operations and decisions.

Funding Insights of BlooLoc

BlooLoc has successfully raised a total of $2.24M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $142.75 thousand completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $142,749
  • First Round

    (06 May 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Grant - BlooLoc Valuation

investors

May, 2019 Amount Seed - BlooLoc Valuation LRM
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BlooLoc

BlooLoc has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and LRM. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
LRM is engaged in providing risk capital and smart money to businesses in Limburg.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BlooLoc

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BlooLoc

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blooloc Comparisons

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Competitors of BlooLoc

BlooLoc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ekso Bionics, SafelyYou, Navenio, Vimcar and Topcon Positioning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Exoskeletons for medical rehabilitation and industrial productivity are provided.
domain founded_year HQ Location
AI-based fall detection and prevention technology is provided for clinics.
domain founded_year HQ Location
Sensor-based location monitoring systems are provided for healthcare workforce.
domain founded_year HQ Location
SaaS-based electronic logbook and fleet management solutions are delivered.
domain founded_year HQ Location
Provides precision positioning systems for infrastructure and farming sectors.
domain founded_year HQ Location
Indoor location-based solutions and technologies are provided via a platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blooloc

Frequently Asked Questions about BlooLoc

When was BlooLoc founded?

BlooLoc was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is BlooLoc located?

BlooLoc is headquartered in Hasselt, Belgium. It is registered at Hasselt, Limburg, Belgium.

Is BlooLoc a funded company?

BlooLoc is a funded company, having raised a total of $2.24M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.24M, raised on May 06, 2019.

How many employees does BlooLoc have?

As of Dec 31, 2022, the latest employee count at BlooLoc is 5.

What does BlooLoc do?

BlooLoc was established in 2014 in Hasselt, Belgium, within the technology sector focused on location services. Indoor positioning and tracking technologies are developed and supplied by the company for operational needs. Applications include monitoring of assets, personnel, and vehicles in various environments. The solutions are integrated into systems to support real-time location data across indoor and related settings.

Who are the top competitors of BlooLoc?

BlooLoc's top competitors include Ekso Bionics, SafelyYou and Aloe Care.

What products or services does BlooLoc offer?

BlooLoc offers yooBeeEYE PALLET TRACK, yooBeeEYE SAFE, and yooBeeEYE INSIGHTS.

Who are BlooLoc's investors?

BlooLoc has 2 investors. Key investors include European Union, and LRM.

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