
About Blue Bridge Financial
Blue Bridge Financial is a Financial Services company based in Reston (United States) founded in 2009. It operates as a business loans are facilitated via an online platform. Blue Bridge Financial has raised $10.92 million across 6 funding rounds from investors including Fifth Third Bancorp and BVR. Its website bluebridgefinancial.com draws about 10 thousand monthly visits. Blue Bridge Financial offers products and services including Equipment Finance Agreement, Rental, Inventory, and Working Capital. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is BLUE BRIDGE FINANCIAL, LLC. Its competitors include Upstart, Figure, Nav, Biz2Credit and Fundbox and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Blue Bridge Financial was established in 2009 in Reston, United States, within the financial services sector. An online platform is operated to deliver loans to vendors, distributors, and small businesses. Funding is extended for equipment purchases, inventory management, working capital needs, and specialized payment arrangements. Credit risk assessments form the basis for loan approvals, supporting operational requirements across various business types.
- Headquarters Reston, United States
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website bluebridgefinancial.com
- Social LinkedIn X Facebook
- Legal Name Blue Bridge Financial, Llc
- Total Equity Funding$10.92M (USD)
in 6 rounds
- Latest Funding Round$135M (USD), Debt – Conventional
Jan 2024
- InvestorsFifth Third Bancorp
& 1 more
Products & Services of Blue Bridge Financial
Blue Bridge Financial offers a comprehensive portfolio of products and services, including Equipment Finance Agreement, Rental, Inventory, and Working Capital.
Provides secured loans for purchasing essential business equipment.
Offers rental options for various industrial equipment.
Finances inventory needs for business operations.
Supports short-term funding for business growth and assets.
Funding Insights of Blue Bridge Financial
Blue Bridge Financial has successfully raised a total of $10.92M across 6 strategic funding rounds. The most recent funding activity was a Debt β Conventional round of $135 million completed in January 2024. 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 $10.92M
- Total Rounds 6
- Last Round Debt – Conventional β $135M
- First Round $795,000
(Sep 2016)
- Investors Count 2
All 6 funding rounds of Blue Bridge Financial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $135M | Debt – Conventional | β | β | |
| Jun 2023 | $10.13M | Series A | β | β | β |
| Jan 2021 | $15M | Debt – Conventional | β | β | β |
| Oct 2020 | $20M | Debt – Conventional | β | β | |
| Aug 2020 | $10M | Debt – Conventional | β | β | β |
| Sep 2016 | $795,000 | Seed | β | β | β |
2 investors in total: 2 institutional.
Investors in Blue Bridge Financial
Blue Bridge Financial has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Fifth Third Bancorp and BVR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | bvr.de | - | |
Commercial bank | 1858 | 53.com | Cincinnati, United States |
Investor details for Blue Bridge Financial
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Blue Bridge Financial
11 people are tracked at Blue Bridge Financial (7 in leadership, 2 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Rob Snow | President & Chief Credit Officer | Leadership |
Hannah Phearsdorf | Senior Director of Finance | Leadership |
Steve Dervenis | Executive Chairman & CEO | Leadership |
Kevin McCarthy | Director | Leadership |
Joshua Koscielniak | Senior Director Of Documentation And Funding | Leadership |
Nicholas Dervenis | Vice President - Business Development | Leadership |
Wesley Newman | Director of Loss Mitigation Management | Leadership |
Tom Scott | Board Member | Board & advisors |
Dennis Hesch | Board Member | Board & advisors |
Matthew Selezan | Account Manager | Team |
Francisca Yanett Mercado Castro | Sales Manager | Team |
Complete people profiles for Blue Bridge Financial
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Timeline of Blue Bridge Financial
3 dated milestones of Blue Bridge Financial across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Blue Bridge Financial is founded.
- Funding First funding round of $795K.
- Funding Latest funding round, Debt β Conventional, of $135.0M.
Competitors of Blue Bridge Financial
Blue Bridge Financial has 10 listed competitors in our database, 9 of them funded. They include Upstart, Figure, Nav, Biz2Credit and Fundbox, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upstart.com | 2012 | Palo Alto, United States | $128.65M | 1,497 | Diversified loans are provided via an AI-enabled online marketplace. | |
| figure.com | 2018 | San Francisco, United States | $435.22M | 463 | Figure is recognized as a leading non-bank HELOC lender in the U.S. | |
| nav.com | 2012 | San Mateo, United States | $90.3M | 120 | Business credit monitoring and financing are provided to small owners. | |
| biz2credit.com | 2007 | New York, United States | $52M | 125 | Online marketplace for business loans | |
| fundbox.com | 2013 | San Francisco, United States | $407.5M | 78 | Business loans are facilitated via an AI-driven platform. | |
| lendio.com | 2011 | Lehi, United States | $82M | 85 | Business loans are matched via an online lending marketplace. | |
| laurelroad.com | 2006 | New York, United States | $20M | – | Student loan refinancing, mortgages, and personal loans are offered online. | |
| sellersfi.com | 2017 | Weston, United States | $166.5M | – | Online lending platform for business financing | |
| credibly.com | 2010 | Michigan, United States | $5.05M | 118 | Small business financing solutions are offered via an online platform. | |
| ecapital.com | 2006 | Miami, United States | – | 49 | Provider of asset-based, supply chain, and invoice financing solutions |
Detailed competitors of Blue Bridge Financial
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- Full competitor set
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Web traffic of Blue Bridge Financial
The website of Blue Bridge Financial (bluebridgefinancial.com) receives about 10.3K visits a month.
- Monthly visits10.3K
▲ 99.3% vs previous month
Top companies in Alternative Lending
10 companies that operate in the same segment as Blue Bridge Financial (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Frequently Asked Questions about Blue Bridge Financial
Blue Bridge Financial was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Blue Bridge Financial is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Blue Bridge Financial is a funded company, having raised a total of $10.92M across 6 funding rounds to date. The company's 1st funding round was a Seed of $795K, raised on Sep 2016.
Blue Bridge Financial was established in 2009 in Reston, United States, within the financial services sector. An online platform is operated to deliver loans to vendors, distributors, and small businesses. Funding is extended for equipment purchases, inventory management, working capital needs, and specialized payment arrangements. Credit risk assessments form the basis for loan approvals, supporting operational requirements across various business types.
Blue Bridge Financial offers Equipment Finance Agreement, Rental, Inventory, and Working Capital.
Blue Bridge Financial has 2 investors. Key investors include Fifth Third Bancorp, and BVR.
Blue Bridge Financial operates through Blue Bridge Financial, Llc.
