Overview of Transaction

• On November 19, 2019, Bluevine announced it has raised $102.5 million in Series F financing, led by ION Crossover Partners
• The round includes participation from new investors including MUFG Innovation Partners Co., Ltd, O.G. Tech - Eyal Ofer’s VC, Vintage Investment Partners, ION Group, and existing investors including Lightspeed Venture Partners, Menlo Ventures, 83North, SVB Capital, Nationwide, Citi Ventures, M12 (Microsoft) and additional private investors
• Founded in 2013, Bluevine provides innovative banking solutions built for small businesses
• Bluevine offers a suite of products designed to meet the diverse financial needs of today’s business owners including Bluevine Business Checking, Line of Credit, Term Loan, and Invoice Factoring up to $5 million
• Bluevine has served over 20,000 small and medium-sized businesses and provided access to over $2.5 billion in financing

Significance of Transaction

• Bluevine will use the funding to further build and scale its vision for Bluevine Business Banking, an end-to-end banking platform featuring a business checking account seamlessly integrated with Bluevine’s technology-enabled suite of online financing products

FT Partners' Role

• FT Partners served as exclusive financial advisor to Bluevine and its board of directors on its $102.5 million Series F financing
• This transaction highlights FT Partners’ deep domain expertise in Banking Tech and Alternative Lending, as well as its successful track record generating highly favorable outcomes for high growth FinTech companies globally