About BluePallet
BluePallet is a company based in Chicago (United States) founded in 2017. BluePallet has raised $16.92 million across 4 funding rounds from investors including Vinmar International, Gradient Ventures and Terry Hill. The company has 26 employees as of December 31, 2022. BluePallet operates in a competitive market with competitors including Knowde, Covvalent, Chemdex, SimpleTrade and Kemgo, among others.
- Headquarter Chicago, United States
- Employees 26 as on 31 Dec, 2022
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Sectors
Chemicals & Materials
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Simpletrade, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16.92 M (USD)
in 4 rounds
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Latest Funding Round
$4.2 M (USD), Series A
Nov 08, 2022
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Investors
Vinmar International
& 4 more
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Employee Count
26
as on Dec 31, 2022
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People of BluePallet
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Funding Insights of BluePallet
BluePallet has successfully raised a total of $16.92M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.2 million completed in November 2022. 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 BluePallet
BluePallet has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Vinmar International, Gradient Ventures and Terry Hill.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital arm of Alphabet Inc. investing in AI
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Vinmar International is engaged in global petrochemical product distribution.
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Terry Hill |
Indian angel investor with focus on early-stage startups and technology ventures.
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Investor details for BluePallet
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Investments & Acquisitions by BluePallet
Investment portfolio details for BluePallet
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Financial Statements - BluePallet
Detailed financials for BluePallet
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Bluepallet Comparisons
Peer comparison for BluePallet
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Competitors of BluePallet
BluePallet 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 Knowde, Covvalent, Chemdex, SimpleTrade and Kemgo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Chemicals are traded via an online B2B marketplace.
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Specialty chemicals are procured and distributed via an online marketplace.
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| Locked | Locked | Locked |
Chemdex operates an online B2B marketplace for chemical products.
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A chemicals trading marketplace is provided for producers and buyers.
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An online B2B marketplace for chemical supplies is facilitated.
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Detailed competitors of BluePallet
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Latest news on Bluepallet
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Frequently Asked Questions about BluePallet
BluePallet was founded in 2017 and raised its 1st funding round 3 years after it was founded.
BluePallet is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
BluePallet is a funded company, having raised a total of $16.92M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at BluePallet is 26.
BluePallet was founded in 2017 in Chicago, United States, within the chemicals sector. A cloud-based platform is operated to facilitate connections between chemical sellers and buyers. Private groups are enabled for users to buy, sell, and share inventory among members. Data collection and transaction monitoring are included as key features to support operations.
BluePallet's top competitors include Knowde, Covvalent and SimpleTrade.
BluePallet has 5 investors. Key investors include Vinmar International, Gradient Ventures, Terry Hill, Mathew Brainerd, and Bruce Schechinger.