Bloomfire

Overview
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Knowledge Base
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Bloomfire is a knowledge management system designed to centralize and democratize information within organizations. The platform allows employees across all levels and departments to contribute to and access a shared pool of knowledge, breaking down traditional information silos. Bloomfire's system features AI-powered search capabilities that index every word, including video transcriptions, enabling users to quickly locate specific information within the platform. This streamlined information retrieval process aims to boost workplace productivity by reducing time spent on prolonged searches. The platform also serves as a repository for institutional knowledge, helping organizations retain valuable insights despite employee turnover. The average annual employee turnover rate in the US was 47.2%.

Key customers and partnerships

PayPal has utilized Bloomfire's services, with a Technical Director at the company reporting significant cost savings. The director stated that purchasing Bloomfire was "a fraction" of the money lost due to inefficient knowledge sharing within the organization.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
1717 West 6th Street Austin TX USA
Founded year:
2010
Employees:
51-100
IPO status:
Private
Total funding:
USD 32.8 mn
Last Funding:
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Last valuation:
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Company profile
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