# Bridgevine

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

- Industry: Marketing/Advertising
- Headquarters: Alpharetta, US
- Website: www.bridgevine.com
- Total disclosed funding: $10M
- Latest round: Series D (Aug 15, 2007)
- Investors on record: 3

## About

Bridgevine, Inc., based in Alpharetta, Georgia, specializes in connecting consumers with home services, enhancing the moving experience through innovative solutions and streamlined booking processes.Founded in 2003, Bridgevine, Inc. operates as a key player in the home services sector, facilitating connections between consumers and essential services. The company was acquired by Updater, Inc. in December 2019 for USD 75 mn, a strategic move to enhance user experiences during home relocations. Prior to this, Bridgevine had engaged in six significant deals, demonstrating its evolution and adaptability in the competitive landscape.Bridgevine, Inc. is recognized for its platform that simplifies the process of booking home services, including utilities and other essential services for moving households. The platform caters to a wide range of clients, from individual consumers to large moving companies, ensuring that users have a seamless experience when transitioning to new homes.Bridgevine, Inc. has successfully raised a total of USD 3.50 mn through various funding rounds, with the most recent being an ADD-ON round led by Updater, Inc. This funding structure supports the company’s operational needs and expansion strategies, ultimately contributing to its revenue generation capabilities.Looking ahead, Bridgevine, Inc. aims to enhance its service offerings by developing new products that further refine the home services booking experience, with anticipated launches in the coming year. The company is also focused on expanding its operations into additional markets across the United States, targeting regions that experience high mobility rates. The recent acquisition by Updater, Inc. will leverage their joint capabilities to reach nearly 50% of all U.S. household moves annually, effectively positioning Bridgevine to maximize its impact in the industry.

## Funding rounds

- Series D, Aug 15, 2007, $7.1M — Safeguard Scientifics, HPS Investment Partners, Bear Stearns Asset Management Inc.
- Series C, Jan 10, 2006, $3.3M — HPS Investment Partners, Bear Stearns Asset Management Inc.

## Investors

- HPS Investment Partners (https://capitalatlas.ai/funds/hps-investment-partners) — Series C, Series D
- Bear Stearns Asset Management Inc. — Series C, Series D
- Safeguard Scientifics (https://capitalatlas.ai/funds/safeguard-scientifics) — Series D
