About BlueKite
BlueKite is a company based in Miami (United States) founded in 1998 was acquired by Xoom in February 2014.. BlueKite has raised $37.5 million across 2 funding rounds from investors including Xoom, Credit Suisse and TPG. BlueKite operates in a competitive market with competitors including NexPay, Mintroute, Quippi, xCurrency and Pax Credit, among others.
- Headquarter Miami, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of BlueKite
BlueKite has successfully raised a total of $37.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $1.5 million completed in January 2013. 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 2
- Last Round Series C — $1.5M
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First Round
First Round
(01 Aug 2000)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2013 | Amount | Series C - BlueKite | Valuation | PeopleFund |
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| Aug, 2000 | Amount | Series C - BlueKite | Valuation | TPG |
| 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 BlueKite
BlueKite has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Xoom, Credit Suisse and TPG. 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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Seed to growth stage tech-focused VC and PE firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Wealth management, asset management, and investment banking services are offered.
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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 BlueKite
| 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 - BlueKite
| 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 |
Bluekite Comparisons
Competitors of BlueKite
BlueKite 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 NexPay, Mintroute, Quippi, xCurrency and Pax Credit, 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 |
Provider of industrial solutions, including lubricants, safety equipment, and wind energy optimization
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| domain | founded_year | HQ Location |
Cross-border mobile recharge solutions are facilitated via online platforms.
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| domain | founded_year | HQ Location |
US-Mexico cross border gift cards
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| domain | founded_year | HQ Location |
Forex rate converter and remittance services
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| domain | founded_year | HQ Location |
Provides a platform for cross-border payments tailored to international students.
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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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Frequently Asked Questions about BlueKite
When was BlueKite founded?
BlueKite was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Where is BlueKite located?
BlueKite is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is BlueKite a funded company?
BlueKite is a funded company, having raised a total of $37.5M across 2 funding rounds to date. The company's 1st funding round was a Series C of $36M, raised on Aug 01, 2000.
What does BlueKite do?
BlueKite was founded in 1998 in Miami, United States, as a web-based payments platform in the financial services sector. Operations focus on enabling U.S. users to handle bill payments for families overseas, covering utilities such as electricity, water, gas, internet, cable, mobile, and phone services. Integration with accounting systems of worldwide providers is employed, providing real-time balance access through proprietary technology.
Who are the top competitors of BlueKite?
BlueKite's top competitors include xCurrency, Quippi and Easy Transfer.
Who are BlueKite's investors?
BlueKite has 5 investors. Key investors include Xoom, Credit Suisse, TPG, PeopleFund, and Bayview Asset Management.
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