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Bluon Completes Series B With $37M In Financing

Jan 11, 2022•over 3 years ago

Round Type

series b

Description

Bluon, Inc. a rapidly growing company in the HVAC-R space, with a wildly popular support app for HVAC technicians, today announced the closing of its Series B round with $27.6 million in equity financing. This adds to its recently completed $9 million in venture debt. The new capital will be primarily used in developing Bluon’s e-commerce platform (BluonLive) and in particular for software development and rapid growth in its sales teams and technician support teams.

Company Information

Company

Bluon

About

Bluon recognizes that HVAC techs are the heart and soul of the industry and the ultimate drivers of its efficiency and innovation. Bluon’s support platform is a revolutionary mobile app that offers tools, training and 24/7 tech support to HVAC technicians in the field. Bluon is the first mobile app platform to aggregate detailed technical information on more than 40,000 unique HVAC models, further providing technicians with the information they need to be effective and proficient on the job. With more than 150,000 downloads, 65,000 onboarded technician members (growing by 6,500 each month) and hundreds of distributors already in the Bluon network, it has become the largest and fastest growing support platform and community in HVAC. Fueled by the feedback from its members, Bluon is set to revolutionize the way in which technicians and their local distributors interact, enabling both parties to do more with less. For more information about Bluon, visit www.bluon.com.