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Monday, May 23, 2022

Bluon Gets $27.6M in Series B Equity Financing

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Irvine-based Bluon Inc, a support platform for heating, ventilation, and air conditioning (HVAC) technicians, said it has received $27.6 million in equity financing in a series B round led by existing primary capital partner, Ecosystem Integrity Fund.

The financing adds to the company’s recently completed $9 million in venture debt. Bluon is led by CEO Peter Capuciati.

The round also included significant participation from MacKinnon, Bennett & Company, a Canadian growth equity firm investing in innovative companies shaping the future of energy and transportation sectors.

The new capital will be primarily used in developing Bluon’s e-commerce platform, called BluonLive, and in particular for software development and rapid growth in its sales teams and technician support teams, the company said in a statement yesterday. 

Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal

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