About BluePenguin
BluePenguin is a company based in Alpharetta (United States) founded in 2018.. BluePenguin has raised $3.25 million across 1 funding round. The company has 9 employees as of December 31, 2022. BluePenguin offers products and services including Virtual Card Platform and Accounts Payable Integration. BluePenguin operates in a competitive market with competitors including Bill.com, Tipalti, MineralTree, AvidXchange and Zip, among others.
- Headquarter Alpharetta, United States
- Employees 9 as on 31 Dec, 2022
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Sectors
TechnologyFinancial Services
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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 Bluepenguin Payments, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.25 M (USD)
in 1 rounds
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Latest Funding Round
$3.25 M (USD), Series A
Jun 10, 2022
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Investors
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Employee Count
9
as on Dec 31, 2022
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Products & Services of BluePenguin
BluePenguin offers a comprehensive portfolio of products and services, including Virtual Card Platform and Accounts Payable Integration. 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.
Enables secure digital payment of invoices using virtual cards to reduce fraud.
Facilitates seamless integration for efficient invoice processing and payments.
Funding Insights of BluePenguin
BluePenguin has successfully raised a total of $3.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.25 million completed in June 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.2M
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First Round
First Round
(10 Jun 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - BluePenguin | 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 |
Investments & Acquisitions by BluePenguin
| 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 - BluePenguin
| 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 |
Bluepenguin Comparisons
Competitors of BluePenguin
BluePenguin 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 Bill.com, Tipalti, MineralTree, AvidXchange and Zip, 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 |
Cloud-based accounts payable and receivable software for businesses
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
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| domain | founded_year | HQ Location |
Accounts payable and payment automation solutions are offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based purchase approval management software is provided for businesses.
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| domain | founded_year | HQ Location |
AP automation, commercial cards, and cross-border payments are provided.
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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 BluePenguin
When was BluePenguin founded?
BluePenguin was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is BluePenguin located?
BluePenguin is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Is BluePenguin a funded company?
BluePenguin is a funded company, having raised a total of $3.25M across 1 funding round to date. The company's 1st funding round was a Series A of $3.25M, raised on Jun 10, 2022.
How many employees does BluePenguin have?
As of Dec 31, 2022, the latest employee count at BluePenguin is 9.
What does BluePenguin do?
Founded in 2018 and based in Alpharetta, United States, BluePenguin operates in the B2B fintech sector. A digital platform is offered for accounts payable automation, where vendor invoices are processed through checks and ACH. Integrations are supported with third-party systems, ERP, and accounts payable tools to manage vendor relationships and streamline payables.
Who are the top competitors of BluePenguin?
BluePenguin's top competitors include Bill.com, AvidXchange and Zip.
What products or services does BluePenguin offer?
BluePenguin offers Virtual Card Platform and Accounts Payable Integration.