BloomReach was founded in 2009 by Raj De Datta and Ashutosh Garg. When asked about an IPO, CEO De Datta said "I wouldn't say we have a timeline, but our goal is that the company over the course of 2021 should make investments towards that, so that [an IPO] is an option for us." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Bloomreach is a platform that allows brands to develop flexible and custom e-commerce solutions with an emphasis on search capabilities. The company reports to serve "over 850 global brands including Albertsons, Bosch, Puma, FC Bayern München, and Marks & Spencer." The company has made a total of 3 acquisitions, most recently of Exponea, a marketing automation platform that increased Bloomreach's total number of employees by two thirds. A $175 million funding round in 2022 brought the company's total funding to around $420 million. The latest round was led by Goldman Sachs Asset Management and included Bain Capital Ventures and Sixth Street Growth. Between 2021 and 2022, Bloomreach nearly doubled its post-money valuation, most recently being valued at $2.2 billion.
Bloomreach does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Bloomreach will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 2/23/2022 | Series F | $175MM raised | $XXX.XX | $XXX.XX |
| 1/26/2021 | Series E | $150MM raised | $XXX.XX | $XXX.XX |
| 1/29/2016 | Series D | $65.51MM raised | $XXX.XX | $XXX.XX |
| 10/18/2012 | Series C | $34.8MM raised | $XXX.XX | $XXX.XX |
| 9/29/2010 | Series B | $13.5MM raised | $XXX.XX | $XXX.XX |
| 2/23/2009 | Series A | $5.28MM raised | $XXX.XX | $XXX.XX |
Bloomreach is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Bloomreach is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
