Blue Pillar

Frederick, United States Founded: 2006 • Age: 20 yrs Acquired By Generac Power Systems
Energy management solutions for facility equipment are provided.

About Blue Pillar

Blue Pillar is a Business Services company based in Frederick (United States) founded in 2006, and was acquired by Generac Power Systems in October 2022. Energy management solutions for facility equipment are provided. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. 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. Blue Pillar offers products and services including IoT Connectivity Platform and Edge Integration Service. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its competitors include Particle, MRI Software and Span.IO; 3 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics

Products & Services of Blue Pillar

Blue Pillar offers a comprehensive portfolio of products and services, including IoT Connectivity Platform and Edge Integration Service.

IoT Connectivity Platform
Software Platform

Connects industrial equipment to internet for data management.

Edge Integration Service
Data Management

Enables processing and control of distributed assets via IoT.

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 $28.49M
  • Total Rounds 8
  • Last Round Debt – Conventional β€” $3.09M
  • First Round $1.09M

    (Jun 2008)

  • Investors Count 6

All 8 funding rounds of Blue Pillar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019$3.09MDebt – Conventional––
–
Aug 2018$1.66MSeries C––
–
Jun 2016$3MDebt – Conventional––
–
Feb 2015$14MSeries C–EnerTech Capital
Jun 2014$3.7MSeries B––
–
May 2012$7MSeries B––
Jul 2010$1.03MSeries A––
–
Jun 2008$1.09MSeed––
–
Valuation history

7 investors in total: 7 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
enertechcapital.com
Venture capital is provided to high-potential tech companies in the Midwest.
allosventures.comCincinnati, United States
Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries.
claremontcreek.com
US focused VC firm
2003arsenalgrowth.comWinter Park, United States
Early-stage investments are made in US companies across health sectors.
marylandventurefund.comColumbia, United States
armyvci.org
Manufacturer of power generation equipment and energy storage solutions
1959generac.comWaukesha, United States
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Investor details for Blue Pillar

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People of Blue Pillar

4 people are tracked at Blue Pillar (4 in team); the tracked headcount is 42.

NameRoleGroup
Marshall Abernathy
Field EngineerTeam
Tim P.
Senior Sales EngineerTeam
Stephen Bixler
Financial ControllerTeam
Richard Duffy
System AdministratorTeam
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Timeline of Blue Pillar

4 dated milestones of Blue Pillar across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Blue Pillar is founded.
  2. Funding First funding round of $1.1M.
  3. Funding Latest funding round, Debt – Conventional, of $3.1M.
  4. Exit Acquired by Generac Power Systems.

Competitors of Blue Pillar

Blue Pillar has 3 listed competitors in our database, 3 of them funded. They include Particle, MRI Software and Span.IO.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
particle.io2011San Francisco, United States$134.87M109
IoT connectivity platform from prototype to production is developed.
mrisoftware.com1971Solon, United States$125M781
Property management software is provided for residential and commercial properties.
span.io2014San Francisco, United States$255.56M
Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of Blue Pillar

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Top companies in Facility Management Platforms

3 companies that operate in the same segment as Blue Pillar (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M2,458
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M463
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M109
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Frequently Asked Questions about Blue Pillar

Blue Pillar was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Blue Pillar is headquartered in Frederick, United States. It is registered at Frederick, Maryland, United States.

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 Seed of $1.09M, raised on Jun 2008.

Blue Pillar has 42 employees.

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.

Blue Pillar's top competitors include Particle, Span.IO and MRI Software.

Blue Pillar offers IoT Connectivity Platform and Edge Integration Service.

Blue Pillar has 7 investors. Key investors include Generac Power Systems, Arsenal Growth Equity, EnerTech Capital, Allos Ventures, and Claremont Creek Ventures.

Yes. Blue Pillar was acquired by Generac Power Systems in October 2022.

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