Dutch SaaS startup ValueBlue receives €2M growth capital from Amsterdam-based VC Newion Investments

Dutch SaaS startup ValueBlue receives €2M growth capital from Amsterdam-based VC Newion Investments

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ValueBlue, the Utrecht-based SaaS supplier that increases its customers’ success by providing insight into relationships between data, IT and business, today announces it has received financing of two million euros from Newion Investments.

ValueBlue’s mission is to provide organisations worldwide with the real-time up-to-date steering information they need, to achieve their goals quickly, easily and structurally.

Over 100 satisfied ValueBlue customers respond to opportunities and developments faster, save on costs through better IT deployment, innovate continuously by relying on data, and work on commitment with ongoing up-to-date high-quality management information.

Jelle Visser, business development & marketing manager at ValueBlue: “We are happy with Newion’s capital injection and will use it to meet the growing customer demand in the Benelux and North America. We currently experience little competition with our solution BlueDolphin, so we would like to make some progress in further developing and strengthening our market position in the Benelux and North America.”

Patrick Polak, managing founder and partner of Newion: “We see parallels with our other enterprise SaaS investments that are successful internationally. Thanks to BlueDolphin and its ease of use, ValueBlue customers can accelerate their digital transformation.”

ValueBlue has developed BlueDolphin, the SaaS collaboration application to map the digital landscape and business processes of organisations. BlueDolphin combines all data on the business processes and IT landscape, to translate it into management and improvement information, with clear visualisations and reports.

BlueDolphin is easy to use, so employees use it as a means for targeted collaboration and to share insights. This makes organisations more effective and saves on costs.

The company was founded in 2011 and currently employs 40 people. BlueDolphin is used nationally and internationally by around 100 organisations, including a large number of Dutch municipalities, the Princess Máxima Center, the Rijksmuseum, Erasmus University, Heijmans, Boskalis and NIBC Bank. Internationally, BlueDolphin is used by FIS Global and Superior Tank, among others.

Newion Investments is a leading Amsterdam based investor, focused on European business-to-business software start-ups and scaleups with a global ambition. The company was founded in 2000 and is based in Amsterdam. Newion has invested in 70+ companies, among which: Collibra, iWelcome, Reasult, 24iMedia, Nallian, Foleon, CustomerGauge, L1NDA, The Next Ad, Oxynade, Swipeguide, Roadmap, RexAI, DataStories, Playpass,TaxModel and Deliverect. The company has exited companies like Oxxio, Mirror42 and Q-go. Newion III is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI), set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to finance.

— Press release

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