Bluedot Innovation
Latest round
- Series B
Last raised
- Jun 2020
Total raised
- $9.1M
Investors
- 6
About Bluedot Innovation
Bluedot Innovation, Inc.Founded in 2013 and headquartered in San Francisco, US, Bluedot Innovation, Inc. provides a geofencing platform that enhances customer experiences. The company was co-founded by Emil Davityan, Filip Eldic, and Jingjin Wang.Bluedot offers a comprehensive geofencing platform designed to enhance customer engagement through location-based experiences. Central to its offerings are the Geofencing SDKs and APIs, which enable businesses to streamline processes like mobile ordering for drive-thru and curbside pickups, facilitate location-based marketing, and automate loyalty programs. The platform operates with a high degree of accuracy, achieving location precision of up to five meters, significantly surpassing typical geofencing solutions that provide accuracy of 100-200 meters.Bluedot's revenue model is structured around B2B partnerships, utilizing subscription-based pricing for access to its geofencing SDKs and APIs. Clients, primarily retailers and quick-service restaurant operators, integrate these services into their platforms, enhancing customer engagement and operational efficiency.As part of its future growth strategy, Bluedot Innovation, Inc. plans to expand its product offerings and geographic reach. The company has a focus on launching new features within its geofencing platform to better serve evolving market demands. Additionally, it aims to penetrate international markets more aggressively by 2023, enhancing its global footprint in the location-based services sector.
Who invested in Bluedot Innovation
6 investors across 1 round
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Funding rounds
Series B
Jun 30, 2020
Amount
$9.1M
Investors
Questions about Bluedot Innovation
Who invested in Bluedot Innovation?
Bluedot Innovation has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bluedot Innovation raised?
Bluedot Innovation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bluedot Innovation last raise money?
Bluedot Innovation's most recent round on record is a Series B, in Jun 2020.
What does Bluedot Innovation do?
Bluedot Innovation is a software company.
Where is Bluedot Innovation headquartered?
Bluedot Innovation is headquartered in San Francisco, US.
Which VCs invest in companies like Bluedot Innovation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Bluedot Innovation's stage. Their profiles are linked below.
VCs backing software startups at Series B
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