# Bloomfire

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bloomfire

- Industry: Software
- Headquarters: Austin, US
- Website: www.bloomfire.com
- Total disclosed funding: $32M
- Latest round: Series A (May 13, 2016)
- Investors on record: 3

## About

Bloomfire, Inc. is a US-based company that develops an AI-driven knowledge management platform, enhancing collaboration and productivity for organizations through advanced features and tools.Founded in 2010 and headquartered in Austin, Texas, Bloomfire, Inc. specializes in knowledge management solutions. The company has undergone strategic pivots to focus on AI and enterprise search technologies. In August 2021, Bloomfire secured USD 12.85 mn in a Series A funding round led by Austin Ventures. The company was previously acquired by Primus Capital in a recapitalization deal, which has allowed for substantial growth and innovation. Bloomfire has completed 5 funding deals and has raised a total of USD 12.85 mn to date. The current CEOs are Benjamin Little, Mark Hammer, and Trey Tramonte.Bloomfire provides an advanced AI-driven knowledge management platform designed to enhance collaboration and productivity across organizations. The platform features AI-powered enterprise search, content and document management, and a collective knowledge engine, all aimed at optimizing knowledge-sharing capabilities. By integrating with various document repositories, Bloomfire enables teams to access quality information quickly, thus reducing redundant work and improving decision-making processes. The platform targets mid-sized and large enterprises in industries such as finance, healthcare, education, and government, particularly in North America and Europe, catering to executives, team leads, knowledge managers, and individual contributors.Bloomfire generates revenue through a subscription-based model with tiered pricing plans tailored to its clients' specific knowledge management needs. This business-to-business (B2B) approach allows organizations to subscribe to the platform for access to features, including enterprise search capabilities and advanced analytics, customized to their operational requirements. The subscription model provides flexibility in scaling solutions based on each organization's size and needs, focusing on delivering value through its AI knowledge management platform.Looking ahead, Bloomfire aims to innovate its product offerings and expand its market presence. The recent funding will support the development of new products designed to enhance knowledge management capabilities. The company plans to explore merger and acquisition opportunities to broaden its footprint. The transaction in August 2021 is pivotal for Bloomfire's growth strategy, enabling investment in its team and resources to facilitate these initiatives.

## Funding rounds

- Series A, May 13, 2016, $13M — Austin Ventures
- Series A, May 29, 2013, $2M — Silver Creek Ventures
- Series A, Mar 22, 2013, $7.6M — Austin Ventures, Redpoint Ventures
- Series A, Nov 23, 2011, $10M — Austin Ventures, Redpoint Ventures

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A
- Silver Creek Ventures (https://capitalatlas.ai/funds/silver-creek-ventures) — Series A