Overview

Blinq.me offers digital business cards that help professionals and businesses modernize their networking. Users can share their professional information using QR codes and NFC (Near Field Communication) technology. The platform is popular among employees in various industries, with a strong presence in 75% of Fortune 500 companies, indicating high trust in its services. Blinq provides both free and premium services; users can create a basic digital business card for free, while premium features include NFC-enabled cards and enhanced privacy controls. Revenue is generated through subscriptions and the sale of NFC cards, which enhance the digital experience with a physical touchpoint. Blinq prioritizes data privacy and security with enterprise-grade encryption, making it appealing to businesses concerned about data protection.

Simplify's Take

What believers are saying

• Rising demand for contactless solutions boosts Blinq's relevance in modern networking.
• Eco-conscious trends support Blinq's mission to replace paper business cards.
• Remote work increases the need for digital identity solutions, benefiting Blinq's offerings.

What critics are saying

• Increased competition from HiHello could impact Blinq's market share.
• Market saturation may dilute Blinq's growth potential in the digital card space.
• Dependence on third-party integrations poses risks if policies or technical issues arise.

What makes Blinq unique

• Blinq integrates with major platforms like Salesforce and HubSpot for seamless data management.
• The app offers both QR code and NFC technology for versatile digital business cards.
• Blinq is trusted by 75% of Fortune 500 companies, indicating strong market credibility.

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Funding

Total Funding

$3.2M

Meets

Industry Average

Funded Over

1 Rounds

$3,240,000

Seed

May 2022

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Meet Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$3.2M