About Broadlume
Broadlume is a company based in Sarasota (United States) founded in 2011 was acquired by Cyncly in December 2024.. Broadlume has raised $60 million across 1 funding round from investors including Cyncly and PSG Equity. Broadlume has completed 3 acquisitions, including BanaBoom, Retail Lead Management and RollMaster. Broadlume offers products and services including Websites, Flooring Software, and Retail Selling System. Broadlume operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, among others.
- Headquarter Sarasota, United States
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Adhawk Inc.
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Products & Services of Broadlume
Broadlume offers a comprehensive portfolio of products and services, including Websites, Flooring Software, and Retail Selling System. 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.
Platforms to generate leads for flooring businesses
Tools for inventory and accounting in flooring retail
System for online-to-offline flooring purchases
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Funding Insights of Broadlume
Broadlume has successfully raised a total of $60M through 1 strategic funding round. The most recent funding activity was a Series C round of $60 million completed in September 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 C — $60.0M
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First Round
First Round
(13 Sep 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Broadlume | Valuation | PSG |
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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 Broadlume
Broadlume has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cyncly and PSG Equity. 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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Capital and operational support are provided to growth-stage software companies.
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Founded Year | Domain | Location | |
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Project management, scheduling, designing, and related services are provided.
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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 Broadlume
Broadlume has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BanaBoom, Retail Lead Management and RollMaster. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based software for flooring retailers' store operations is provided.
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2019 | ||||
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Lead management software is provided for retail businesses.
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2016 | ||||
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Cloud-based management software for flooring and carpeting is developed.
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Broadlume
| 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 |
Broadlume Comparisons
Competitors of Broadlume
Broadlume 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 Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, 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 |
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| domain | founded_year | HQ Location |
SaaS project management software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
SaaS-based project management solutions are delivered for construction.
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| domain | founded_year | HQ Location |
SaaS documentation management solutions for construction are provided.
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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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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Latest news on Broadlume
Frequently Asked Questions about Broadlume
When was Broadlume founded?
Broadlume was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is Broadlume located?
Broadlume is headquartered in Sarasota, United States. It is registered at Sarasota, Florida, United States.
Is Broadlume a funded company?
Broadlume is a funded company, having raised a total of $60M across 1 funding round to date. The company's 1st funding round was a Series C of $60M, raised on Sep 13, 2022.
What does Broadlume do?
Broadlume was founded in 2011 and is headquartered in Sarasota, United States. Operations focus on the optical industry, where software and digital services are developed for independent retailers. E-commerce platforms, marketing tools, and website management are offered to support online presence and customer engagement. The company serves eye care professionals across the U.S., emphasizing practical technology integration for business efficiency.
Who are the top competitors of Broadlume?
Broadlume's top competitors include Procore, Hover and Nemetschek Group.
What products or services does Broadlume offer?
Broadlume offers Websites, Flooring Software, and Retail Selling System.
How many acquisitions has Broadlume made?
Broadlume has made 3 acquisitions, including BanaBoom, Retail Lead Management, and RollMaster.
Who are Broadlume's investors?
Broadlume has 2 investors. Key investors include Cyncly, and PSG Equity.