About Bluevine
BlueVine offers banking solutions tailored for small and medium-sized businesses (SMBs) in the United States, including business loans, lines of credit, and invoice factoring. Their business loans can cover essential expenses, while the Paycheck Protection Program (PPP) loans are forgivable if used for specific costs. The line of credit provides flexible access to funds, and invoice factoring allows businesses to sell unpaid invoices for immediate cash. BlueVine's online platform enables quick applications and approvals, with a focus on transparent pricing and no hidden fees, aiming to empower SMBs with accessible financial solutions.
Redwood City, CaliforniaHeadquarters
2013Year Founded
$318.6MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees
Benefits
Health, vision, & dental insurance
Competitive salary
401k
PTO & holidays
Parental leave
Life insurance
Commuter pass
Weekly catered lunches
Volunteering events
Happy hours
Risks
Recent layoffs may indicate financial instability or restructuring challenges.
Departure of key personnel could impact risk management strategies.
Increased competition from platforms like Mastercard's Biz360 could draw customers away.
Differentiation
Bluevine offers tailored financial solutions specifically for small and medium-sized businesses.
The company provides a seamless online platform for quick and flexible financial services.
Bluevine's transparent pricing model ensures no hidden fees for its clients.
Upsides
Partnership with Mastercard enhances customer loyalty with 1.5% cashback on purchases.
Bluevine's digital banking solutions align with the trend of digital transformation.
Expansion of employee benefits in India could improve talent retention and company culture.
Funding
Total raised$318.57 M
Latest valuation$60.00 M
StageDEBT
GROWTH EQUITY VC
10/31/2019$102
SERIES E
6/30/2018$12
$60.00 M$60
$300.00 MLENDING CAPITAL
4/30/2018$200
SERIES C
12/31/2015$40
$200.00 M$18
$92.50 MEARLY VC
7/31/2014$2
$7.50 M$4
$20.00 M