Blueday

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Blueday - overview

Established

2013

Location

Sandnes, -, Norway

Primary Industry

Industrial Machinery

About

Blueday is a technology company focused on sustainable energy solutions for maritime and land applications, offering a range of innovative products to support the transition to renewable energy. Founded in 2013 and headquartered in Sandnes, Norway, Blueday specializes in sustainable energy technologies. The company’s strategic focus has remained consistent, emphasizing energy optimization across various sectors. The founder has experience in the industry prior to establishing Blueday.


In April 2018, Blue Water Energy invested in Blueday, although specific terms of the deal were not disclosed. Blueday Technology specializes in sustainable energy solutions tailored for both maritime and land-based applications. The company’s core product offerings include its BluEco® systems, which encompass shore power technologies, electric vehicle chargers, and power generation solutions designed to optimize energy demand, distribution, and supply. These systems are particularly significant for ports and terminals, reducing the carbon footprint of the maritime industry.


The clientele spans various sectors, including shipping companies and logistics providers, primarily in Europe and North America, where regulations increasingly favor sustainable practices in energy consumption. In 2023, Blueday reported a revenue of USD 6. 42 mn and an EBITDA of USD 3. 77 mn.


The company operates with a revenue model centered around service agreements that include lifecycle management, performance improvement services, and rapid response packages. Transactions typically occur through B2B partnerships, where clients engage in long-term contracts for the installation and maintenance of BluEco® solutions. The pricing structure includes various service tiers tailored to customer needs, encompassing training, remote assistance, and on-site support provided by certified engineers, ensuring high performance and reliability of the company's innovative energy systems. Looking ahead, Blueday plans to expand its product line with new offerings targeting energy solutions for emerging markets and industries.


The company is specifically focusing on expanding its reach into additional European and North American markets by 2025. The funding from the investment by Blue Water Energy in April 2018 will support these initiatives, enabling Blueday to enhance its product development and market penetration strategies.


Current Investors

Bluewater Energy

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

http://www.blueday.no

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Blueday - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Blueday - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedBlueday-

Displaying 1 - 1 of 1

Blueday - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.