# Bluon

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

- Industry: Logistics & Distribution
- Headquarters: US
- Website: www.bluonenergy.com
- Total disclosed funding: $29M
- Latest round: Series B (Jan 11, 2022)
- Investors on record: 4

## About

Bluon, Inc. is an innovative company specializing in HVAC solutions, focusing on advanced refrigerants and energy efficiency technologies to enhance cooling systems and reduce environmental impact.Bluon, Inc. was founded in 2011 in the US and operates as an independent entity. The company has not undergone any notable pivots or structural changes. Established by individuals with a background in technology and sustainability, Bluon is headquartered in Denver, Colorado. The company has successfully raised USD 29.46 mn in its Series B funding round on January 11, 2022, led by Ecosystem Integrity Fund with additional investments from Ferguson Ventures, MKB, and Superseed Ventures. This latest funding round constitutes the total amount raised to date, bringing the company's valuation to USD 74.56 mn.Bluon Energy specializes in innovative solutions for the HVAC (heating, ventilation, and air conditioning) industry, particularly focusing on refrigerants and energy efficiency technologies. Their flagship product is an advanced refrigerant designed to replace traditional hydrofluorocarbons (HFCs), which are known for their negative environmental impact. This product aims to enhance energy efficiency in cooling systems while reducing greenhouse gas emissions. Bluon Energy primarily serves the commercial and industrial sectors, providing its solutions to HVAC contractors, facility managers, and large-scale retailers across North America and select international markets.Bluon Energy generates revenue through a structured model that includes direct sales to HVAC professionals and partnerships with industry stakeholders. Their transaction framework revolves around B2B sales, where they offer tailored solutions that align with client needs. Clients engage in agreements to purchase Bluon's refrigerants and energy efficiency systems, promoting long-term partnerships. Pricing is structured around the quantity and type of products selected, allowing clients to scale purchases according to operational demands. Revenue is bolstered by ongoing support services and consultation fees related to product implementation and optimization in various cooling applications.In January 2022, Bluon Energy raised USD 29.46 mn in Series B funding, which will be utilized to develop its e-commerce platform (BluonLive) for software development and to support rapid growth in its sales and technician support teams. The company plans to launch new products aimed at improving HVAC efficiency and expand into new markets, specifically targeting regions within North America and potentially Europe by 2023.

## Funding rounds

- Series B, Jan 11, 2022, $29M — Ecosystem Integrity Fund, MKB, Superseed Ventures, Ferguson Ventures

## Investors

- Ecosystem Integrity Fund (https://capitalatlas.ai/funds/ecosystem-integrity-fund) — Series B
- MKB (https://capitalatlas.ai/funds/mkb) — Series B
- Superseed Ventures (https://capitalatlas.ai/funds/superseed-ventures) — Series B
- Ferguson Ventures (https://capitalatlas.ai/funds/ferguson-ventures) — Series B