BPK Technologies

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BPK Technologies - overview

Established

2007

Location

Minnetonka, MN, US

Primary Industry

Software

About

BPK Technologies is an IT solutions provider specializing in customized software and cloud applications that enhance business operations across various sectors, including healthcare and finance. BPK Technologies, founded in 2007 in Minnetonka, US, focuses on delivering tailored IT solutions. The company has engaged in one notable deal, with its most recent transaction occurring on March 31, 2025. The founder's previous experience or other companies are not specified.


BPK Tech specializes in providing customized IT solutions tailored to various industries, offering a comprehensive suite of services that includes custom software development, cloud application development, data warehousing, and integration services. Their core product offerings are designed to enhance operational efficiency and decision-making processes for mid to large-scale businesses. By employing agile methodologies, BPK Tech focuses on client collaboration throughout the development cycle, ensuring that the final product meets specific business requirements. Their solutions are utilized across multiple sectors, including healthcare, finance, education, and construction, and are distributed to clients globally, particularly in North America, Europe, and Asia.


The company serves a diverse client base that includes over 140 data-driven organizations, leveraging advanced technologies such as AI, machine learning, and cloud computing to deliver impactful results. BPK Tech generates revenue through a mix of subscription models, project-based contracts, and long-term partnerships with its clients. The company’s primary revenue streams come from its custom software solutions and services, which are typically structured as fixed-price projects or ongoing agreements based on service usage or support needs. Clients may engage BPK Tech to develop a Minimum Viable Product (MVP) using their agile development approach, paying for each phase of the project upon completion.


Additionally, BPK Tech offers tailored pricing plans for its data warehousing and integration services, which reflect the complexity and scale of the solutions provided. The structure fosters long-term business relationships, promoting ongoing collaboration and ensuring that clients receive continuous support and updates. In March 2025, BPK Technologies was acquired by Veltris, a portfolio company of Trive Capital and BayLink Capital, though the financial terms were not disclosed. This acquisition aligns with Veltris' strategic objectives towards enhancing industry solutions and expanding its digital engineering and data and AI capabilities.


Looking ahead, BPK Technologies aims to introduce new products and expand its reach into new markets, although specific products and targeted regions have not been disclosed at this time.


Current Investors

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Customer Relationship Management, Sales & Marketing Software

Website

www.bpktech.com/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

BPK Technologies - 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)
Add-onCompletedBPK Technologies-

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