Fundraising Fox

Bluecore

Unicorn · $1BTechstars '13

New York City, US · Founded 2013 · Delaware corporation · 355 employees on LinkedIn · 9 known investors

Bluecore provides a combined customer data platform and experience orchestration solution for retailers and direct-to-consumer brands, incorporating predictive AI models and AI shopping agents to enable personalized, real-time customer engagement across channels.

Also known as Bluecore, Inc.

Founders & leadership

Bluecore was founded in 2013 by Fayez Mohamood and Mahmoud Arram.

FMFayez Mohamood
Fayez MohamoodCo-founder
MA
Mahmoud ArramCo-founder
MMMichelle McComb
Michelle McCombExecutive

Board

AJAmish Jani
Amish Janiin𝕏Board directorFounder and Partner at FirstMark Capital
ST
Shivani TejujaBoard director
JL
Justin LaFayetteBoard directorLead Investor, Head of Firm at Georgian
SB
Scott Beechukin𝕏Board directorPartner at Norwest Venture Partners
MK
Mary Kay HuseBoard director

Investors · 9

Also in the syndicate · 2

Georgian PartnersSilver Lake Waterman

Reported raises · per SEC filings

Form D private placements

$241.7M disclosed across 6 of 9 rounds · 2013–2024

$24.9MraisedNov 2024 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Fayez MohamoodExecutive Officer, Director
  • Mary Kay HuseDirector
  • Amish JaniDirector
  • Michelle McCombExecutive Officer
  • Shivani TejujaDirector
  • Justin LaFayetteDirector
  • Scott BeechukDirector
Offering amount
$24.9M
Amount sold
$24.9M
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$125MraisedSep 2021 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Fayez MohamoodExecutive Officer, Director, Promoter
  • Mahmoud ArramExecutive Officer, Director
  • Scott BeechukDirector
  • Amish JaniDirector
  • Justin LaFayetteDirector
Offering amount
$125M
Amount sold
$125M
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$29.9MraisedJun 2020 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Fayez MohamoodExecutive Officer, Director, Promoter
  • Mahmoud ArramExecutive Officer, Director, Promoter
  • Justin LaFayetteDirector
  • Scott BeechukDirector
  • Amish JaniDirector
  • Max BennettExecutive Officer
Offering amount
$30M
Amount sold
$29.9M
First sale
Feb 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$34.8MraisedOct 2017 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Laura CooperExecutive Officer
  • Fayez MohamoodExecutive Officer, Director, Promoter
  • Robert HollandExecutive Officer
  • Max BennettExecutive Officer
  • Justin LaFayetteDirector
  • Amish JaniDirector
  • Emily DeadwylerExecutive Officer
  • Gavin HewittExecutive Officer
  • Karina SalenieksExecutive Officer
  • Scott BeechuckDirector
  • Mahmoud ArramExecutive Officer, Director, Promoter
Offering amount
$35M
Amount sold
$34.8M
First sale
Sep 2017
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$21.1MraisedFeb 2016 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Justin LaFayetteDirector
  • Amish JaniDirector
  • Fayez MohamoodExecutive Officer, Director, Promoter
  • Mahmoud ArramExecutive Officer, Director
Offering amount
$21.1M
Amount sold
$21.1M
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedSep 2014 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mahmoud ArramExecutive Officer, Director, Promoter
  • Amish JaniDirector
  • Fayez MohamoodExecutive Officer, Director, Promoter
Offering amount
$6M
Amount sold
$6M
First sale
Sep 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series EAug 2021
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Bluecore is a retail marketing technology company founded in 2013 and headquartered in New York City. Its platform combines a customer data platform with experience orchestration, unifying shopper identity, behavioral data and product catalog data into customer profiles that feed predictive models and automated campaigns. Marketing execution spans email, mobile/SMS, on-site experiences and paid media and social, with hundreds of cross-channel triggers designed to respond to shopper signals in real time.

The platform includes more than 20 predictive AI models covering areas such as category and discount affinity, next-best purchase and at-risk buyers. Bluecore also offers Marketing Agent, described as an AI analyst that explains marketing performance and recommends next actions, and alby's AI Shopping Assistant, a conversational AI capability for site, email, mobile app and SMS. The company markets a Shopping Agent Platform with controls for guardrails, brand voice and tone, real-time conversation monitoring, custom rules and built-in security protections. Site products focus on identifying anonymous traffic as known shoppers using first-party data, building audiences dynamically, and running pre-built campaigns such as exit intent and price drop; Bluecore states support for ADA, GDPR, CCPA, TCPA, CASL and SHAFT compliance requirements.

Bluecore positions itself as sitting on top of a retailer's existing technology stack, integrating with other systems rather than replacing them, and offers services from onboarding through full enablement. Company materials cite scale figures including 5+ billion shoppers identified, 300 billion behaviors processed, 500 billion products cataloged, 2.5 billion personalized campaigns and $11+ billion in revenue driven for more than 400 retail brands.

Founding story

Bluecore's founders describe the company as growing out of the insight that behavioral data alone was insufficient to build a compelling shopper experience and that product catalog data was equally critical. The founding technical insight concerned data integration: combining customer identity, the product catalog and onsite behaviors in real time to generate retail triggers and personalized audiences that legacy marketing stacks could not support. The company started in 2013 aiming to power simple triggered emails for ecommerce.

Business model

Bluecore sells software to retail brands and direct-to-consumer companies, positioning its platform as a consolidation of CDP and email service provider functions plus AI shopping agents. Its CFO describes a "shared success business model" that ties Bluecore's outcomes to customer outcomes, with an emphasis on remaining margin- and ROI-positive for retailers. The offering is complemented by strategic services, onboarding and enablement support.

Software platform sold to retail brands under what the company calls a shared success model tying its results to customer results, supplemented by strategic services and success offerings.

Traction

Company-published figures cite 5+ billion shoppers identified, 300 billion behaviors processed, 500 billion products cataloged, 2.5 billion personalized campaigns delivered, $11+ billion in revenue driven and 400+ retail brands. In 2017 the company reported 47 billion real-time behavioral events captured, over $1 billion in customer revenue across 230 million transactions, a 120 million-product catalog and more than $20 billion in GMV processed. A third-party profile estimates 374 employees and an annual revenue range of $45M–$120M as of August 2026.

Latest developments

Current company materials feature Marketing Agent, an AI tool that explains marketing performance and recommends next actions, and alby's AI Shopping Assistant for conversational commerce across site, email, mobile app and SMS, along with a Shopping Agent Platform offering guardrails, tone controls, real-time conversation monitoring and security protections. A featured case study describes DXL consolidating identification, audience building, segmentation, campaign orchestration and media integrations onto Bluecore. Leadership listed on the company site includes co-founder and CEO Fayez Mohamood, CFO Michelle McComb and Chief Customer Officer Ryan Deutsch.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Bluecore positions itself as a retail-specific alternative to legacy, channel-oriented marketing systems, arguing that channel-led strategies produce low retention (an average 22% three-year retention rate) while its customer-led approach is associated with an average 59% two-year retention rate among its retailers. Third-party data classifies it as a New York adtech/marketing and AI company at Series E stage, ranked among New York adtech startups, with listed comparables including Tealium, Amperity, Persado and Stratifyd.

Bluecore differentiates on retail-specific data architecture — real-time matching of shopper identity, behavior and product catalog data rather than behavioral data alone — plus patented personalization mechanisms, consolidation of CDP and ESP functions in one platform, and claimed 80% less campaign production time and 90% faster campaign launch versus alternatives. It also markets the ability to identify anonymous site visitors without login and to deploy AI shopping agents quickly.

Technology

The platform is built on a three-pronged dataset of shopper identity, behavioral data and product catalog data matched in real time. It feeds more than 20 predictive AI models and supports hundreds of cross-channel triggers. Bluecore cites patents covering Shopper and Product Match (real-time matching of shopper behavior to changing catalog data), Automatic Frequency Capping (per-shopper email frequency optimization), Smart Campaign with Autopilot (personalizing product, offer and content recommendations across an entire list from one campaign) and Shopper Experience Optimization (per-shopper send-time optimization). Georgian's Impact team worked with Bluecore in 2017 to apply differential privacy to its solutions.

Go-to-market

Bluecore markets directly to retail marketing organizations via its website, customer stories, guides and reports, a community program and events (including its "Jam Sesh" event), and platform training through Bluecore Explore. It emphasizes a land-and-expand approach — start with one use case, prove value, then scale — along with a partner and integrations ecosystem and consultative services teams.

Retailers and direct-to-consumer brands, particularly ecommerce and retail marketing teams; referenced customers include DXL, Lenovo's global ecommerce business and Lane Bryant.

Geography

Headquartered in New York City, with a business address of 222 Broadway, 16th Floor, New York, NY 10038 per an SEC Form D filing. The company states it supports multinational clients and complies with US and global marketing data privacy regulations.

History

The company was founded in 2013 with the initial idea of powering triggered emails for ecommerce. Early financing included seed rounds in 2013 ($118K in April and $1.1M in July), a $6M Series A in January 2015 and a $21M Series B in December 2015. In 2017, after roughly four years of operation, it announced a $35M Series C led by Norwest Venture Partners with FirstMark Capital, Georgian Partners and Felicis Ventures participating, and added Scott Beechuk to the board. A $50M Series D followed in May 2020 and a $125M Series E led by Georgian closed in August 2021 at a $1 billion post-money valuation. The product has since broadened from triggered email into a combined CDP and experience orchestration platform with conversational AI and agentic marketing tools.

Risks & controversies

No controversies are documented in the available sources. Note that several sources concern "Bluecore Energy," an unrelated maritime nuclear startup, and a Korean laser machine manufacturer named Bluecore Company; these are distinct entities. Third-party revenue and employee figures are estimates rather than disclosed numbers, and the most recent disclosed financing dates to August 2021.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average 2-year retention rate of Bluecore retailersJan 202659%
Behaviors processedJan 2026300,000,000,000 behaviors
Customer revenue drivenJan 2026$11B
EmployeesAug 2026374 people
Estimated revenue (third-party estimate)Aug 2026$45M–$120M estimated range
Faster campaign launchJan 202690%
Gross Merchandise Value of orders processedJan 2017$20B
Personalized campaigns deliveredJan 20262,500,000,000 campaigns
Post-money valuationAug 2021$1B
Predictive AI models availableJan 202620 models
Products catalogedJan 2026500,000,000,000 products
Products in total processed catalogJan 2017120,000,000 products
Real-time behavioral events capturedJan 201747,000,000,000 events
Retail brand customersJan 2026400 brands
Shoppers identifiedJan 20265,000,000,000 shoppers
Total fundingAug 2026$238.2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 9

by search overlap
Insider One288 shared keywordsInsider One is an agentic customer engagement platform that uses predictive, generative, and agentic AI to automate marketing decisioning and personalization across channels such as SMS, WhatsApp, email, and search. It serves brands and marketing teams seeking to deliver personalized, autonomous customer engagement and improve conversions.
BloomReach286 shared keywordsBloomreach provides an AI-powered personalization platform (Loomi) with apps and agents spanning email, web, ads, search, and conversational shopping for ecommerce and marketing teams. Its Commerce Experience Cloud combines customer data, site search, content management, and marketing automation to deliver real-time personalized customer experiences.
Klaviyo, Inc.244 shared keywordsKlaviyo is an AI-powered CRM platform for B2C brands that integrates customer data, marketing automation, customer service, and analytics in a unified solution. The platform helps brands of all sizes understand and engage with customers to drive revenue and build lasting relationships.
MoEngage244 shared keywordsMoEngage is a customer engagement platform that helps brands deliver personalized experiences across industries including financial services, food & beverage, media & entertainment, travel & hospitality, and retail/e-commerce. It provides tools for customer engagement and marketing, including an integration for Shopify.
Omnisend231 shared keywordsOmnisend is a marketing automation platform that provides email, SMS, and push notification campaigns for ecommerce brands. It offers features including AI-powered copy generation, workflow automation, audience segmentation, and integrations with other marketing tools.
ActiveCampaign204 shared keywordsActiveCampaign is a marketing automation platform whose Active Intelligence AI layer builds campaigns from prompts, suggests audience segments, predicts send times, and generates on-brand content across email, SMS, and WhatsApp. It serves marketers and businesses looking to automate and optimize multi-channel marketing journeys.
Twilio201 shared keywordsTwilio provides a cloud-based communications platform that enables businesses to integrate voice, messaging, and video into applications using APIs. The platform combines communication channels, contextual data, and AI orchestration for enterprises and developers building customer experiences.
CleverTap171 shared keywordsCleverTap is a customer engagement and retention platform used by businesses to analyze user behavior and run marketing campaigns across channels. It operates in the marketing technology and SaaS space.
Braze, Inc.138 shared keywordsBraze is a customer engagement platform that helps brands connect with customers across multiple channels. The platform serves global brands and enterprise customers seeking to deliver personalized customer experiences.

Companies competing with Bluecore for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Aug 2021
Bluecore raises $125M Series E at $1B valuation

Series E round led by Georgian with participation from FirstMark, Norwest Venture Partners and Silver Lake Waterman, at a $1 billion post-money valuation.

$125M source ↗

May 2020
Bluecore raises $50M Series D

Bluecore, a New York City-based marketing technology platform provider for retail brands, closed a $50M Series D round with Georgian as a key investor.

$50M source ↗

Oct 2017
Bluecore raises $35M Series C led by Norwest Venture Partners

Bluecore announced a $35 million Series C round from Norwest Venture Partners with participation from FirstMark Capital, Georgian Partners and Felicis Ventures; Scott Beechuk joined the board of directors.

$35M source ↗

Jul 2017
Georgian Impact team applies differential privacy with Bluecore

Georgian's Impact team worked with Bluecore to apply differential privacy to its solutions.

source ↗

Jan 2017
Scott Beechuk joins board of directors

Alongside the Series C announcement, Bluecore welcomed Scott Beechuk, who previously grew Salesforce Service Cloud, to its board of directors.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
BluecoreDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Bluecore do?
Bluecore is a New York retail marketing technology company combining a CDP, cross-channel orchestration and AI shopping agents.
Who founded Bluecore?
Bluecore was founded by Fayez Mohamood, Mahmoud Arram in 2013.
Who are Bluecore's investors?
Bluecore's investors include Corazon Capital, FirstMark Capital, Norwest Venture Partners, Techstars, Felicis Ventures, Georgian, Slauson & Co..
How much funding has Bluecore raised?
Bluecore has disclosed $241.7M raised across 6 of its 9 known rounds.
Where is Bluecore headquartered?
Bluecore is headquartered in New York City, US.