About Blue Foundry Bank
Blue Foundry Bank is a company based in Rutherford (United States) founded in 2018 was acquired by Fulton Bank in November 2025.. The company has 184 employees as of December 31, 2024. Blue Foundry Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Rutherford, United States
- Employees 184 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blue Foundry Bancorp
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Annual Revenue
$87.25 M7.84as on Dec 31, 2024
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Net Profit
$-11.91 M-60.95as on Dec 31, 2024
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
184
as on Dec 31, 2024
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Acquired by
Fulton Bank
(Nov 25, 2025)
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IPO & Listings of Blue Foundry Bank
Blue Foundry Bank is a publicly listed company on the NASDAQ with ticker symbol BLFY in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Blue Foundry Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blue Foundry Bank
Blue Foundry Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fulton Bank. 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.
| Investor | Description | Founded Year | Domain | Location |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blue Foundry Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blue Foundry Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blue Foundry Bank Comparisons
Competitors of Blue Foundry Bank
Blue Foundry Bank 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 Truist, Investec, Equity Bank, Citi and KeyBank, 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 |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Regional bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blue Foundry Bank
Frequently Asked Questions about Blue Foundry Bank
When was Blue Foundry Bank founded?
Blue Foundry Bank was founded in 2018.
Where is Blue Foundry Bank located?
Blue Foundry Bank is headquartered in Rutherford, United States. It is registered at Rutherford, New Jersey, United States.
How many employees does Blue Foundry Bank have?
As of Dec 31, 2024, the latest employee count at Blue Foundry Bank is 184.
What is the annual revenue of Blue Foundry Bank?
Annual revenue of Blue Foundry Bank is $87.25M as on Dec 31, 2024.
What does Blue Foundry Bank do?
Blue Foundry Bank was established in 2018 and is based in Rutherford, United States. As a commercial bank, deposits, loans, and related financial services are offered to individuals and businesses. Operations are centered on standard banking activities within the domestic market, with a focus on regional accessibility. The institution maintains its online presence through bluefoundrybank.com to support customer transactions and information access.
Who are the top competitors of Blue Foundry Bank?
Is Blue Foundry Bank publicly traded?
Yes, Blue Foundry Bank is publicly traded on NASDAQ under the ticker symbol BLFY.
Who are Blue Foundry Bank's investors?
Blue Foundry Bank has 1 investor. Key investors include Fulton Bank.
What is Blue Foundry Bank's ticker symbol?
The ticker symbol of Blue Foundry Bank is BLFY on NASDAQ.