Bloomreach
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 62.5m | 80.4m | 87.7m |
% growth | - | 29 % | 9 % |
Date | Investors | Amount | Round |
---|---|---|---|
$5.0m | Series A | ||
$11.0m | Series B | ||
$25.0m | Series C | ||
$56.0m | Series D | ||
$150m Valuation: $900m | Growth Equity VC | ||
* | $175m Valuation: $2.2b 35.2x EV/LTM Revenues | Growth Equity VC | |
* | $30.0m | Debt | |
Total Funding | $422m |
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Recent News about Bloomreach
EditBloomreach, founded in 2009 by Raj De Datta and Ashutosh Garg, is a company that specializes in enhancing online experiences for customers. The company operates in the e-commerce and digital marketing sectors, providing software solutions that help businesses personalize their online presence to better meet the needs and interests of individual customers. This personalization is powered by advanced algorithms that continuously learn and improve.
Bloomreach's primary product is the Bloomreach Experience Manager, a software platform that allows businesses to create, manage, and optimize their digital content. This platform is particularly useful for e-commerce companies looking to improve their search engine rankings and deliver more relevant landing pages to their customers. The software uses smart algorithms to understand the language customers use when searching online, ensuring that businesses can automatically generate content that matches customer intent and ranks higher in search results.
The company serves a wide range of clients, from small businesses to large enterprises, across various industries including retail, travel, and finance. Bloomreach operates on a Software-as-a-Service (SaaS) model, meaning clients subscribe to use their software rather than purchasing it outright. This subscription-based model provides Bloomreach with a steady stream of recurring revenue.
Bloomreach makes money by charging its clients subscription fees for access to its software platform. These fees can vary based on the level of service and the specific needs of the client. Additionally, the company offers training and support services, which can also generate additional revenue.
In summary, Bloomreach is a company that helps businesses improve their online presence through personalized digital experiences, powered by smart algorithms. They operate in the e-commerce and digital marketing sectors, serving a diverse range of clients through a subscription-based business model.
Keywords: e-commerce, digital marketing, personalization, SaaS, algorithms, search engine optimization, content management, online experience, subscription model, data privacy.