About Borrowed & Blue
Borrowed & Blue is a company based in Charlottesville (United States) founded in 2011 was acquired by Zola in January 2018.. Borrowed & Blue has raised $10.1 million across 2 funding rounds from investors including Zola, Galvanize and Foundry. The company has 101 employees as of December 31, 2017. Borrowed & Blue operates in a competitive market with competitors including WeddingWire, Carats & Cake, Love Stories TV, Wedding Spot and Project Wedding, among others.
- Headquarter Charlottesville, United States
- Employees 101 as on 31 Dec, 2017
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Sectors
Media & EntertainmentBusiness Services
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Phone
*********
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Website
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Social
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- Legal Name Zola, Inc.
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Funding Insights of Borrowed & Blue
Borrowed & Blue has successfully raised a total of $10.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in November 2016. 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 A — $7.0M
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First Round
First Round
(23 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series A - Borrowed & Blue | Valuation | Foundry | |
| Jun, 2015 | Amount | Seed - Borrowed & Blue | 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 |
Investors in Borrowed & Blue
Borrowed & Blue has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Zola, Galvanize and Foundry. 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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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Accomplice is engaged in venture capital investments for startups.
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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 Borrowed & Blue
| 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 - Borrowed Blue
| 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 |
Borrowed & Blue Comparisons
Competitors of Borrowed & Blue
Borrowed & Blue 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 WeddingWire, Carats & Cake, Love Stories TV, Wedding Spot and Project Wedding, 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 |
Mobile-based wedding planning service providers
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| domain | founded_year | HQ Location |
Online marketplace for wedding vendors
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| domain | founded_year | HQ Location |
Online platform to find wedding vendors
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| domain | founded_year | HQ Location |
Wedding venues are searched, priced, and compared by users online.
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| domain | founded_year | HQ Location |
Wedding vendor listings, reviews, and global inspirations are provided.
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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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Frequently Asked Questions about Borrowed & Blue
When was Borrowed & Blue founded?
Borrowed & Blue was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Borrowed & Blue located?
Borrowed & Blue is headquartered in Charlottesville, United States. It is registered at Charlottesville, Virginia, United States.
Is Borrowed & Blue a funded company?
Borrowed & Blue is a funded company, having raised a total of $10.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.1M, raised on Jun 23, 2015.
How many employees does Borrowed & Blue have?
As of Dec 31, 2017, the latest employee count at Borrowed & Blue is 101.
What does Borrowed & Blue do?
Borrowed Blue was founded in 2011 in Charlottesville, United States, as a marketplace in the wedding industry. Couples are assisted in planning weddings through vendor listings that include work photos, with bookings facilitated directly on the platform. An iOS app was released on the App Store in November 2016. Series A funding of 7 million was secured that month, supporting plans for national expansion.
Who are the top competitors of Borrowed & Blue?
Borrowed & Blue's top competitors include WeddingWire, Love Stories TV and Carats & Cake.
Who are Borrowed & Blue's investors?
Borrowed & Blue has 6 investors. Key investors include Zola, Galvanize, Foundry, Foxhaven Asset Management, and Accomplice.
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