Investment summary

Blue.cloud, founded in 2019 by Praveen Ramineni and Kerem Koca and headquartered in Tampa, FL, offers strategic consulting and implementation services to Fortune 500 customers seeking to digitally transform their data and analytics environments onto next-generation cloud platforms. Blue.cloud represents one of the fastest growing boutique IT services firms in the world, leveraging deep relationships with OEM technology providers – Snowflake, Azure, Thoughtspot, among others – to offer large enterprises access to next-generation cloud data and analytics tools that form the center of the modern enterprise technology architecture.

Why we partnered

  • To back entrepreneurs with deep domain expertise, professionalize and scale their business

  • Uniquely positioned boutique player credentialed within the cloud data and analytics ecosystem

  • Attractiveness of cloud data and analytics subsector within the broader digital transformation end market

  • Entrenched and expanding Fortune 500 customer relationships that generate reoccurring revenue

  • Demonstrated ability to attract and retain high quality human capital in a very competitive market

  • Highly scalable business model with attractive and durable steady-state margins

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