About Blue Pillar
Blue Pillar is a company based in Frederick (United States) founded in 2006 was acquired by Generac Power Systems in October 2022.. Blue Pillar has raised $28.49 million across 8 funding rounds from investors including Generac Power Systems, Arsenal Growth Equity and EnerTech Capital. The company has 42 employees as of December 31, 2022. Blue Pillar offers products and services including IoT Connectivity Platform and Edge Integration Service. Blue Pillar operates in a competitive market with competitors including Particle, ecobee, MRI Software, Signify and Landis+Gyr, among others.
- Headquarter Frederick, United States
- Employees 42 as on 31 Dec, 2022
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.49 M (USD)
in 8 rounds
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Latest Funding Round
$3.09 M (USD), Debt – Conventional
Mar 29, 2019
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Investors
Generac Power Systems
& 6 more
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Employee Count
42
as on Dec 31, 2022
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Acquired by
Generac Power Systems
(Oct 04, 2022)
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Products & Services of Blue Pillar
Blue Pillar offers a comprehensive portfolio of products and services, including IoT Connectivity Platform and Edge Integration Service. 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.
Connects industrial equipment to internet for data management.
Enables processing and control of distributed assets via IoT.
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Field Team
1 people
Sales and Marketing
1 people
Finance and Accounting
1 people
System Team
1 people
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Funding Insights of Blue Pillar
Blue Pillar has successfully raised a total of $28.49M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.09 million completed in March 2019. 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 8
- Last Round Debt – Conventional — $3.1M
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First Round
First Round
(01 Jun 2008)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Debt – Conventional - Blue Pillar | Valuation |
investors |
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| Aug, 2018 | Amount | Series C - Blue Pillar | Valuation |
investors |
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| Jun, 2016 | Amount | Debt – Conventional - Blue Pillar | Valuation |
investors |
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| 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 |
Investors in Blue Pillar
Blue Pillar has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Generac Power Systems, Arsenal Growth Equity and EnerTech Capital. 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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Founded Year | Domain | Location | |
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Venture capital is provided to high-potential tech companies in the Midwest.
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Founded Year | Domain | Location | |
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Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries.
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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 Pillar
| 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 Pillar
| 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 |
Blue Pillar Comparisons
Competitors of Blue Pillar
Blue Pillar 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 Particle, ecobee, MRI Software, Signify and Landis+Gyr, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Blue Pillar
When was Blue Pillar founded?
Blue Pillar was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Blue Pillar located?
Blue Pillar is headquartered in Frederick, United States. It is registered at Frederick, Maryland, United States.
Is Blue Pillar a funded company?
Blue Pillar is a funded company, having raised a total of $28.49M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3M, raised on Jun 01, 2008.
How many employees does Blue Pillar have?
As of Dec 31, 2022, the latest employee count at Blue Pillar is 42.
What does Blue Pillar do?
Blue Pillar provides energy management solutions. Its products include Aurora, a turnkey protocol and vendor agnostic platform for creating a Digital Energy Internet of Things network for connecting, controlling, and data acquisition of core facility mechanical and electrical equipment for demand response, Avise InsiteTM, a single site critical power and energy management application software specifically designed for critical and complex facilities and Avise ForesiteTM, an enterprise software solution designed to support centralized facility management and energy management within geographically dispersed, multi-facility organizations. More than 255 facilities across healthcare, government, higher education, and other industries use Blue Pillar to manage their energy and power systems.
Who are the top competitors of Blue Pillar?
Blue Pillar's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Blue Pillar offer?
Blue Pillar offers IoT Connectivity Platform and Edge Integration Service.
Who are Blue Pillar's investors?
Blue Pillar has 7 investors. Key investors include Generac Power Systems, Arsenal Growth Equity, EnerTech Capital, Allos Ventures, and Claremont Creek Ventures.
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