About Bluecore
Bluecore is a company based in New York (United States) founded in 2013 by Fayez Mohamood. Bluecore has raised $270.32 million across 10 funding rounds from investors including FirstMark, Norwest Venture Partners and Georgian. The company has 70 employees as of April 08, 2024. Bluecore has completed 2 acquisitions, including BetaOut and alby. Bluecore offers products and services including AI Shopping Agents, Customer Data & Insight, and Activation & Orchestration. Bluecore operates in a competitive market with competitors including Klaviyo, Zenput, Blueshift, Wunderkind and Yodle, among others.
- Headquarter New York, United States
- Employees 70 as on 08 Apr, 2024
- Founders Fayez Mohamood
- Stage Unicorn
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Sectors
TechnologyRetail
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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 Bluecore Software Private Limited
- Date of Incorporation 12 Oct, 2018
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$3.84 M (USD)27.69as on Mar 31, 2023
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Net Profit
$400.64 K (USD)25.11as on Mar 31, 2023
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EBITDA
$890.44 K (USD)19.69as on Mar 31, 2023
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Total Equity Funding
$270.32 M (USD)
in 10 rounds
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Latest Funding Round
$24.95 M (USD), Series E
Oct 29, 2024
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Investors
FirstMark
& 7 more
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Employee Count
70
as on Apr 08, 2024
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Investments & Acquisitions
BetaOut
& 1 more
- Acquired by
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Products & Services of Bluecore
Bluecore offers a comprehensive portfolio of products and services, including AI Shopping Agents, Customer Data & Insight, and Activation & Orchestration.
Enables conversational AI for personalized shopping guidance and conversions.
Analyzes shopper behavior to predict and drive purchasing decisions.
Orchestrates personalized marketing across multiple channels efficiently.
People of Bluecore
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Funding Insights of Bluecore
Bluecore has successfully raised a total of $270.32M across 10 strategic funding rounds. The most recent funding activity was a Series E round of $24.95 million completed in October 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.
Investors in Bluecore
Bluecore has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include FirstMark, Norwest Venture Partners and Georgian.
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Venture capital is provided to expanding B2B software companies.
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Technology investing and private equity firm focused on partnerships.
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Investor details for Bluecore
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Investments & Acquisitions by Bluecore
Bluecore has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BetaOut and alby.
Investment portfolio details for Bluecore
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based shopping assistants are offered for e-commerce operations.
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Marketing personalization and engagement software is offered for eCommerce sites.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Bluecore
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Financial Statements - Bluecore
Detailed financials for Bluecore
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Bluecore Comparisons
Peer comparison for Bluecore
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Competitors of Bluecore
Bluecore 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 Klaviyo, Zenput, Blueshift, Wunderkind and Yodle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS email marketing solutions are offered to e-commerce businesses.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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AI-driven platform for unifying customer data and automating personalized marketing.
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Adnetwork and performance marketing platform
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Online marketing service provider to local businesses
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Detailed competitors of Bluecore
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Latest news on Bluecore
Complete news archive for Bluecore
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Frequently Asked Questions about Bluecore
Bluecore was founded in 2013.
Bluecore is headquartered in New York, United States. It is registered at New York, New York, United States.
Fayez Mohamood is the current CEO of Bluecore. They have also founded this company.
Bluecore is a funded company, having raised a total of $270.32M across 10 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Bluecore is 70.
Annual revenue of Bluecore is $3.84M as on Mar 31, 2023.
Bluecore was established in 2013 in New York, United States, within the email marketing sector. Services are focused on e-commerce companies, where direct integration with websites enables the dispatch of tailored emails. These are triggered by customer actions such as product searches, browsing patterns, and cart modifications. Operations emphasize behavioral data to ensure message relevance for marketing managers.
Bluecore offers AI Shopping Agents, Customer Data & Insight, and Activation & Orchestration.
Bluecore has 7 investors. Key investors include FirstMark, Norwest Venture Partners, Georgian, Techstars, and Silver Lake.
The valuation of Bluecore is $1B as of Aug 2021.