Government & Public Sector Focus Bloom Procurement Services specializes in providing a compliant, outcomes-based procurement marketplace for the public sector, presenting an opportunity to leverage their existing platform for expanding into new government departments or regions looking for efficient, results-oriented procurement solutions.
Technology Integration Potential With a tech stack that includes platforms like PHP, Google Analytics, and open web tools, Bloom is positioned to integrate advanced analytics or AI-driven procurement tools, offering sales prospects innovative solutions to enhance their marketplace capabilities and customer experience.
Expansion & Partnership Opportunities Recent partnerships, including expansion into Detroit and collaborations with firms like New Lab and Octopus Electric Vehicles, indicate active growth strategies. Sales teams can target similar strategic alliances or geographic expansions to accelerate client acquisition and diversify the marketplace portfolio.
Growth Capital and Funding With secured funding of approximately $19 million and a revenue range of $1M to $10M, Bloom is likely seeking technology upgrades, platform enhancements, or new service offerings, creating opportunities to introduce complementary products or higher-tier service packages.
Leadership & Industry Recognition Notable leadership appointments and industry awards, such as Adam Jacobs being named a top business leader, enhance Bloom’s credibility and market visibility, making them a compelling prospect for solution providers targeting reputable and ambitious market players for procurement innovations.