About Bluesmart
Bluesmart is a company based in New York (United States) founded in 2013 by Martin Diz, Alejo Verlini, Tomi Pierucci, and Brian Chen was acquired by Travelpro in May 2018. It operates as a B2C. Bluesmart has raised $23.83 million across 5 funding rounds from investors including Amadeus, FundersClub and Pear VC. Bluesmart operates in a competitive market with competitors including Samsara Luggage, G-RO, Everpurse, Baggio and Travelmate Robotics, among others.
- Headquarter New York, United States
- Founders Martin Diz, Alejo Verlini, Tomi Pierucci, Brian Chen
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Sectors
Consumer
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Phone
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Website
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Social
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Funding Insights of Bluesmart
Bluesmart has successfully raised a total of $23.83M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in January 2017. 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 5
- Last Round Series A — $12.0M
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First Round
First Round
(02 Jun 2014)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series A - Bluesmart | Valuation | Michael Li | |
| Oct, 2015 | Amount | Series A - Bluesmart | Valuation | Amadeus , Cota Capital |
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| Mar, 2015 | Amount | Series A - Bluesmart | Valuation | Zillionize |
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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 |
Investors in Bluesmart
Bluesmart has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Amadeus, FundersClub and Pear VC. 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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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Founded Year | Domain | Location | |
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VC firm investing in early stage startups in the US
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Founded Year | Domain | Location | |
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Sectors like ad tech, food tech, logistics, services are targeted.
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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 Bluesmart
| 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 - Bluesmart
| 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 |
Bluesmart Comparisons
Competitors of Bluesmart
Bluesmart 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 Samsara Luggage, G-RO, Everpurse, Baggio and Travelmate Robotics, 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 |
Internet-first brand of aluminium smart suitcase
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| domain | founded_year | HQ Location |
Offers innovative carry-on luggage for modern travelers.
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| domain | founded_year | HQ Location |
Private label brand of smart handbags
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| domain | founded_year | HQ Location |
Internet first brand of smart bags
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| domain | founded_year | HQ Location |
Develops robotic autonomous suitcases that follow users for effortless travel.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Bluesmart
Frequently Asked Questions about Bluesmart
When was Bluesmart founded?
Bluesmart was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Bluesmart located?
Bluesmart is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Bluesmart?
Tomi Pierucci is the current CEO of Bluesmart. They have also founded this company.
Is Bluesmart a funded company?
Bluesmart is a funded company, having raised a total of $23.83M across 5 funding rounds to date.
What does Bluesmart do?
Bluesmart, established in 2013, excels in producing consumer products, electronics, producing smart devices, and luggage. Provides smartphone-controlled suitcases. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Bluesmart?
Bluesmart's top competitors include Samsara Luggage, Everpurse and Baggio.
Who are Bluesmart's investors?
Bluesmart has 19 investors. Key investors include Amadeus, FundersClub, Pear VC, Western Technology Investment, and Travelpro.
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