Latest round

Series A

Last raised

Jan 2023

Total raised

$65M

Investors

7

About Blues

Blues Inc. develops IoT connectivity solutions, notably through its flagship product, the Notecard. In July 2025, Blues Inc. Blues specializes in advanced IoT connectivity solutions, primarily through their flagship product, the Notecard. The Notecard is an embeddable communications module designed to facilitate wireless data transfer using various technologies, including cellular, Wi-Fi, LoRa, and satellite. This device allows end users to integrate their products with cloud applications seamlessly, enabling real-time data monitoring and management across diverse industries such as clean technology, healthcare, agriculture, and industrial equipment. The Notecard, alongside the Notehub platform, streamlines the process of securely sending bi-directional data to cloud services with minimal configuration, thereby reducing the development and deployment time for connected devices. Blues' products are utilized by over 900 companies globally, enhancing operational efficiency and providing critical insights into device usage.Blues generates revenue through direct sales of its Notecard modules and associated services. The company operates on a transaction model that includes a one-time purchase price for hardware, complemented by long-term data packages that allow customers to access connectivity without incurring monthly fees or subscriptions. This pricing structure is designed to provide clients with predictable costs, as each Notecard includes a bundled data allowance valid for ten years. Additionally, Blues offers design support and consulting services through programs like MinSpin and Proof of Concept (PoC), which further solidify partnerships with clients seeking to develop and implement IoT solutions. Their customer base ranges from large enterprises requiring robust industrial IoT solutions to small businesses needing simple, scalable connectivity for various applications.

Who invested in Blues

7 investors across 3 rounds

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Funding rounds

  1. Series A

    Jan 5, 2023

    Amount

    $32M

    Investors

    Locked

  2. Series A

    Jun 24, 2021

    Amount

    $22M

    Investors

    Locked

  3. Seed

    Mar 20, 2020

    Amount

    $11M

    Investors

    Locked

Questions about Blues

Who invested in Blues?

Blues has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Blues raised?

Blues has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Blues last raise money?

Blues's most recent round on record is a Series A, in Jan 2023.

What does Blues do?

Blues is a software company.

Where is Blues headquartered?

Blues is headquartered in Boston, US.

Which VCs invest in companies like Blues?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Blues's stage. Their profiles are linked below.

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