About BloomReach
BloomReach is a company based in Mountain View (United States) founded in 2009. BloomReach has raised $422 million across 7 funding rounds from investors including J P Morgan, Lightspeed Venture Partners and Goldman Sachs Asset Management. The company has 151 employees as of March 23, 2024. BloomReach has completed 4 acquisitions, including Exponea, OneHippo and Radiance Commerce. BloomReach offers products and services including Autonomous Marketing, Autonomous Search, Conversational Shopping, and Loomi Analytics. BloomReach operates in a competitive market with competitors including Acquia, CrownPeak, WP Engine, Sitecore and eGain, among others.
- Headquarter Mountain View, United States
- Employees 151 as on 23 Mar, 2024
- Stage Unicorn
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Bloomreach Technologies Private Limited
- Date of Incorporation 12 Mar, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$9.96 M (USD)42.09as on Mar 31, 2023
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Net Profit
$1.08 M (USD)37.82as on Mar 31, 2023
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EBITDA
$1.46 M (USD)32.85as on Mar 31, 2023
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Total Equity Funding
$422 M (USD)
in 7 rounds
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Latest Funding Round
$30 M (USD), Debt – Conventional
Oct 05, 2022
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Investors
J P Morgan
& 8 more
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Employee Count
151
as on Mar 23, 2024
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Investments & Acquisitions
Exponea
& 3 more
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Products & Services of BloomReach
BloomReach offers a comprehensive portfolio of products and services, including Autonomous Marketing, Autonomous Search, Conversational Shopping, and Loomi Analytics.
AI-powered tool for personalizing and automating marketing campaigns.
AI-native search to optimize revenue through better product discovery.
AI-driven platform for scaling personalized shopping interactions.
AI agent that automates reports to reduce data analysis time.
People of BloomReach
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Software Development Team
69 people
Leadership Team
46 people
Senior Team
45 people
Sales and Marketing
34 people
Product Management Team
33 people
Finance and Accounting
15 people
Human Resources and Administration
13 people
Strategic Team
9 people
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Funding Insights of BloomReach
BloomReach has successfully raised a total of $422M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in October 2022. 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 Funding
- Total Rounds 7
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(01 Feb 2009)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Debt – Conventional - BloomReach | Valuation |
investors |
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| Feb, 2022 | Amount | Series F - BloomReach | Valuation | Goldman Sachs Asset Management | |
| Jan, 2021 | Amount | Series E - BloomReach | Valuation | Sixth Street |
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Investors in BloomReach
BloomReach has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include J P Morgan, Lightspeed Venture Partners and Goldman Sachs Asset Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location |
Investments & Acquisitions by BloomReach
BloomReach has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Exponea, OneHippo and Radiance Commerce.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Customers are segmented and targeted using real-time analytics and automation.
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2015 | ||||
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AI-based customer engagement solutions are offered for e-commerce businesses.
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2015 | ||||
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E-commerce promotions are optimized and managed for targeted shoppers.
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2011 |
Financial Statements - BloomReach
Bloomreach Comparisons
Competitors of BloomReach
BloomReach 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 Acquia, CrownPeak, WP Engine, Sitecore and eGain, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Cloud-based digital experience management & website personalization platform
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| domain | founded_year | HQ Location |
Cloud-based platform for digital experience management
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| domain | founded_year | HQ Location |
Cloud-based platform enables digital experience management for marketers.
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| domain | founded_year | HQ Location |
SaaS-based customer management software solutions are offered for retail businesses.
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Frequently Asked Questions about BloomReach
BloomReach was founded in 2009.
BloomReach is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
BloomReach is a funded company, having raised a total of $422M across 7 funding rounds to date. The company's 1st funding round was a Series E of $150M, raised on Feb 01, 2009.
As of Mar 23, 2024, the latest employee count at BloomReach is 151.
Annual revenue of BloomReach is $9.96M as on Mar 31, 2023.
Founded in 2009 and headquartered in Mountain View, United States, BloomReach operates in the e-commerce sector through SaaS platforms. Modules for email marketing, search engine optimization, content personalization, API integration, omnichannel orchestration, and product recommendations are included. A headless CMS is utilized to manage and deliver personalized content, while AI is employed for generating marketing copy, creating chatbots, and analyzing real-time data.
BloomReach offers Autonomous Marketing, Autonomous Search, Conversational Shopping, and Loomi Analytics.
BloomReach has made 4 acquisitions, including Exponea, OneHippo, and Radiance Commerce.
BloomReach has 9 investors. Key investors include J P Morgan, Lightspeed Venture Partners, Goldman Sachs Asset Management, Bain Capital Ventures, and Sixth Street.
The valuation of BloomReach is $2.2B as of Feb 2022.