About Blue Nile
Blue Nile is a company based in Seattle (United States) founded in 1999 was acquired by Signet Jewelers in August 2022. It operates as a Direct-to-Consumer (D2C). Blue Nile has raised $7 million across 3 funding rounds from investors including Kleiner Perkins, Bessemer Venture Partners and Lightspeed Venture Partners. Blue Nile offers products and services including Engagement Rings, Wedding Rings, Diamond Jewelry, and Gemstone Jewelry. Blue Nile operates in a competitive market with competitors including AUrate New York, Enchanted Diamonds, Akola, Reign Sapphires and Couple, among others.
- Headquarter Seattle, United States
- Stage Public
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Sectors
Retail
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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 Blue Nile Inc.
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Annual Revenue
$480.06 M (USD)1as on Dec 31, 2015
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Net Profit
$10.53 M (USD)8as on Dec 31, 2015
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EBITDA
$16.05 M (USD)13as on Dec 31, 2015
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Total Equity Funding
$7 M (USD)
in 3 rounds
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Latest Funding Round
$7 M (USD), Series B
Jul 25, 2001
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Investors
Kleiner Perkins
& 10 more
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Employee Count
Not available
- Acquired by
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Products & Services of Blue Nile
Blue Nile offers a comprehensive portfolio of products and services, including Engagement Rings, Wedding Rings, Diamond Jewelry, and Gemstone Jewelry.
Engagement rings are crafted for proposals and commitments.
Wedding rings are designed for lifelong marital bonds.
Diamond jewelry is offered for various personal styles.
Gemstone jewelry is created with colorful precious stones.
People of Blue Nile
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Leadership Team
67 people
Software Development Team
63 people
Finance and Accounting
31 people
Human Resources and Administration
23 people
Sales and Marketing
21 people
District Team
21 people
Senior Team
20 people
Operations Team
18 people
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Funding Insights of Blue Nile
Blue Nile has successfully raised a total of $7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in July 2001. 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.
Investors in Blue Nile
Blue Nile has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Bessemer Venture Partners and Lightspeed Venture Partners.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Growth stage tech & life sciences focused VC firm funding companies in the US
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Venture capital firm investing in early-stage technology and real estate companies.
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Investor details for Blue Nile
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Blue Nile
Investment portfolio details for Blue Nile
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- Portfolio identities
- Transaction dates
- Round details
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Financial Statements - Blue Nile
Detailed financials for Blue Nile
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- Profit trends
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Blue Nile Comparisons
Peer comparison for Blue Nile
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Competitors of Blue Nile
Blue Nile 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 AUrate New York, Enchanted Diamonds, Akola, Reign Sapphires and Couple, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Internet first brand offering fine jewellery
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Functions as an online retailer of diamonds and diamond jewelry.
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Internet first brand offering handcrafted fashion jewelry
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Blue sapphire jewelry is ethically sourced and handmade globally.
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Internet-first brand of precious jewelry for men & women
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Detailed competitors of Blue Nile
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Latest news on Blue Nile
Complete news archive for Blue Nile
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Frequently Asked Questions about Blue Nile
Blue Nile was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Blue Nile is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Jennifer Hedges is the current CEO of Blue Nile.
Blue Nile is a funded company, having raised a total of $7M across 3 funding rounds to date.
Annual revenue of Blue Nile is $480.06M as on Dec 31, 2015.
Blue Nile is established as a leading online jeweler since 1999, focusing on engagement rings, wedding bands, and fine jewelry. The company is known for offering ethically sourced diamonds and a wide range of customizable jewelry pieces including earrings, necklaces, and bracelets. Operations are centered on providing high-quality products at competitive prices with expert guidance. Sectors served include personal accessories and luxury goods, with solutions tailored for individual style and significant life events. A commitment to sustainability and responsible mining is maintained throughout their offerings.
Blue Nile's top competitors include AUrate New York, Reign Sapphires and Akola.
Blue Nile offers Engagement Rings, Wedding Rings, Diamond Jewelry, and Gemstone Jewelry.
Blue Nile has 11 investors. Key investors include Kleiner Perkins, Bessemer Venture Partners, Lightspeed Venture Partners, GE Capital, and Bain Capital Private Equity.