# BluePallet

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

- Industry: Financial Services
- Headquarters: Austin, US
- Website: www.bluepallet.io
- Total disclosed funding: $8.3M
- Latest round: Series A (Aug 5, 2021)
- Investors on record: 2

## About

BluePallet is a technology company focused on enhancing operational efficiency by providing innovative solutions tailored to various sectors, including healthcare, finance, and logistics.Founded in 2020, BluePallet operates from Austin, US, offering advanced technological solutions that streamline workflow processes and improve data management. The company was co-founded by Kevin Fuller and Patrick Salomé. Recent funding included a Series A round, raising USD 4.22 mn, totaling their funding to USD 4.22 mn with a current valuation of USD 62.16 mn. The most recent deal occurred on October 28, 2022.BluePallet specializes in a variety of innovative products designed to meet specific market needs. Their core offerings encompass advanced technological solutions aimed at operational efficiency, addressing critical challenges such as workflow streamlining and data management improvement. These products have attracted a diverse customer base across small, medium-sized enterprises, and large corporations, primarily in North America, Europe, and parts of Asia, where they have established strong market presence and reliability.The company generates revenue through direct sales and subscription-based models, allowing clients to purchase products outright or engage in recurring subscriptions. Flagship products are offered under tiered pricing plans, enabling customers to select service levels that match their operational needs. Revenue is further enhanced by partnerships with distributors and resellers, expanding their reach in both B2B and direct-to-consumer markets.BluePallet plans to utilize the recent Series A funding of USD 4.22 mn to support the development of new products aimed at specific industry challenges while also targeting expansion into additional markets in Europe and Asia by the end of 2023. These initiatives are designed to enhance their product offerings and increase their market footprint, leveraging innovative solutions to meet evolving client needs.

## Funding rounds

- Series A, Aug 5, 2021, $8.3M — Gradient Ventures, Vinmar

## Investors

- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Series A
- Vinmar (https://capitalatlas.ai/funds/vinmar) — Series A