BlueStar Solutions

Rochester, United States Founded: 1906 • Age: 120 yrs Acquired By Affiliated Computer Services
Provider of IT services and application management solutions
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About BlueStar Solutions

BlueStar Solutions is a company based in Rochester (United States) founded in 1906 was acquired by Affiliated Computer Services in August 2004.. BlueStar Solutions has raised $28 million across 1 funding round from investors including Morgan Stanley, Affiliated Computer Services and Trident Capital. BlueStar Solutions has completed 1 acquisition, including Agilera. BlueStar Solutions operates in a competitive market with competitors including Shanghai Hande Information Technology, The Hackett Group, Forterro, SynProSoft and Enprise, among others.

  • Headquarter Rochester, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28 M (USD)

    in 1 rounds

  • Latest Funding Round
    $28 M (USD), Series B

    Apr 10, 2002

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
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Funding Insights of BlueStar Solutions

BlueStar Solutions has successfully raised a total of $28M through 1 strategic funding round. The most recent funding activity was a Series B round of $28 million completed in April 2002. 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 Rounds 1
  • Last Round Series B — $28.0M
  • First Round

    (10 Apr 2002)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2002 Amount Series B - BlueStar Solutions Valuation Trident Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BlueStar Solutions

BlueStar Solutions has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Affiliated Computer Services and Trident Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Stage-agnostic investments in US ventures are made by Trident Capital.
Founded Year Domain Location
Wealth management, investment advisory, and financial services are provided.
Founded Year Domain Location
Offers sales and acquisitions of premium domain names for enterprises.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BlueStar Solutions

BlueStar Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Agilera. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information available
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BlueStar Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bluestar Solutions Comparisons

Employees
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Competitors of BlueStar Solutions

BlueStar Solutions 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 Shanghai Hande Information Technology, The Hackett Group, Forterro, SynProSoft and Enprise, 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
ERP consulting and implementation services are provided for multiple sectors.
domain founded_year HQ Location
ERP consulting and advisory services are delivered to global clients.
domain founded_year HQ Location
Provider of specialized software solutions for industrial businesses
domain founded_year HQ Location
A suite of IT services solutions is provided by SynProSoft.
domain founded_year HQ Location
ERP implementation services for MYOB software are provided.
domain founded_year HQ Location
Extended ERP solutions are provided for manufacturing and distribution sectors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about BlueStar Solutions

When was BlueStar Solutions founded?

BlueStar Solutions was founded in 1906 and raised its 1st funding round 96 years after it was founded.

Where is BlueStar Solutions located?

BlueStar Solutions is headquartered in Rochester, United States.

Is BlueStar Solutions a funded company?

BlueStar Solutions is a funded company, having raised a total of $28M across 1 funding round to date. The company's 1st funding round was a Series B of $28M, raised on Apr 10, 2002.

What does BlueStar Solutions do?

BlueStar Solutions was founded in 1906 in Rochester, United States, within the IT services sector. Application implementation and management services for ERP software and messaging systems are offered. Data center services are provided, with operations including data centers in the US. The company was acquired by Affiliated Computer Services in August 2004, integrating its capabilities into broader IT management solutions.

Who are the top competitors of BlueStar Solutions?

BlueStar Solutions's top competitors include The Hackett Group, Shanghai Hande Information Technology and B2B Software Technologies.

How many acquisitions has BlueStar Solutions made?

BlueStar Solutions has made 1 acquisition, including Agilera.

Who are BlueStar Solutions's investors?

BlueStar Solutions has 5 investors. Key investors include Morgan Stanley, Affiliated Computer Services, Trident Capital, Mevc Advisers, and General Motors Pension.

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