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§ Private Profile · Pittsburgh, PA, USA
AI customer intelligence platform delivering predictive analytics for enterprises to optimize revenue growth and customer engagement.
Based in Pittsburgh, Pennsylvania, BlastPoint provides a B2B artificial intelligence and customer intelligence platform that delivers predictive analytics to help enterprises optimize revenue growth, customer engagement, and operational efficiency. The SaaS provider operates technology that currently serves over twenty percent of the United States market by translating complex raw data into actionable targeting strategies. BlastPoint primarily targets the energy, utility, and financial services sectors, securing enterprise contracts with recognizable organizations such as AEP, Duquesne Light, ATCO, and P1FCU. Through its platform, the firm has helped corporate partners achieve up to a 670 percent increase in digital engagement and an 83 percent reduction in customer acquisition costs. Founded in 2016 by Alison Alvarez and Tomer Borenstein, the company has raised $12,600,000 in growth funding backed by institutional investors including the Btech Consortium Fund and Mudita VP.
BlastPoint has raised $28.3M across 7 funding rounds.
BlastPoint has raised $28.3M in total across 7 funding rounds.
BlastPoint has raised $28.3M across 7 funding rounds. Most recently, it raised $14.0M Series A in October 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2025 | $14M Series A | — | Innovation Works, LvlUp Ventures, MissionOG, Osney Capital, Quake Capital | Announced |
| Nov 14, 2023 | $8M Venture Round | Nick Evens | — | Announced |
| Jun 7, 2023 | $5.3M Seed | — | Elab Ventures, Mudita Venture Partners | Announced |
| Aug 5, 2021 | $750K Seed | — | Alicia Mcginnis, 412 Venture Fund, 99 Tartans, Innovation Works | Announced |
| Dec 1, 2020 | $50K Seed | — | Innovation Works | Announced |
| Nov 1, 2018 | $100K Seed | — | LvlUp Ventures, Muditā Venture Partners, Osney Capital, Quake Capital | Announced |
| Mar 1, 2017 | $150K Seed | — | LvlUp Ventures, Osney Capital, Quake Capital | Announced |
BlastPoint is a Pittsburgh-based AI software company that builds the Customer Intelligence Platform, an AI-powered tool enabling utilities and other regulated industries to analyze customer data, predict behaviors, and deliver personalized outreach.[1][2][3] It serves utility companies, financial institutions, insurance, automotive, and nonprofits, solving the challenge of turning raw customer data into actionable insights for business teams without heavy IT involvement or in-house AI expertise—achieving results like 30% higher digital self-service engagement, 300%+ boosts in low-income customer outreach, and 98% increases in EV program enrollment in under three months.[1][2]
The platform uses objective-driven machine learning to refresh data daily for 20% of U.S. households and businesses, customizing models to specific goals like customer acquisition, program enrollment, payment optimization, and market expansion, while adapting to shifting market conditions.[1][2] With over $8M in seed funding and a team boasting 100+ years in data science, BlastPoint drives ROI by making advanced AI accessible, helping companies shift from "ratepayers" to valued customers in a data-centric era.[1][5]
BlastPoint was founded in 2016 by Alison Alvarez (CEO) and Tomer Borenstein (CTO) in Pittsburgh, Pennsylvania.[4][5] The idea emerged in early 2015 when Alvarez, experienced in guiding tech teams at startups, envisioned a geolocation-based AI tool accessible to sales teams, not just programmers, to leverage data for business and community impact.[4] She pitched it at a Carnegie Mellon Tepper School of Business workshop, where Borenstein joined to design and build the product.[4]
Early traction came fast: the cofounders won the 2016 McGinnis Venture Competition, joined accelerator AlphaLab, and became 2017 Forbes Funds UpPrize finalists, attracting investors and initial customers.[4] From a utility-focused startup, BlastPoint expanded to insurance, automotive, franchises, retail, and nonprofits, raising over $8M in seed funding (including a recent Curql investment) to fuel growth as a minority-led AI analytics leader.[4][5]
BlastPoint rides the AI-driven customer intelligence wave, projected to unlock $13T in gains by 2030, particularly in utilities' shift to customer-centric models amid digital transformation and regulations demanding personalized engagement.[1][2] Timing is ideal as utilities face pressure to boost self-service, equity programs (e.g., low-income, EV), and efficiency amid rising data volumes—BlastPoint's quick ROI fills gaps where legacy systems lag.[1]
Market forces like AI democratization and regulated industries' data silos favor it, enabling non-tech teams to compete without massive investments.[2][3] By influencing ecosystems through case-study successes and expansions (utilities to insurance/automotive), BlastPoint accelerates sector-wide adoption of ethical, adaptable AI, strengthening communities via tools for nonprofits and bias-aware decisions.[4][6]
BlastPoint's trajectory points to accelerated scaling across regulated sectors, leveraging $8M+ funding for product personalization and market penetration—expect deeper integrations in EV/smart energy planning and payment AI amid utilities' net-zero pushes.[1][5] Trends like generative AI evolution and privacy regs will shape it, demanding adaptive models; its ethical, community focus positions it to lead as AI scrutiny grows.[6]
Influence may evolve from utility specialist to cross-industry platform, powering $T-scale gains while humanizing data for broader impact—echoing its origin as an accessible tool that turned Pittsburgh ambition into global customer transformation.[4]
BlastPoint has raised $28.3M in total across 7 funding rounds.
BlastPoint's investors include Innovation Works, LvlUp Ventures, MissionOG, Osney Capital, Quake Capital, Nick Evens, eLab Ventures, Mudita Venture Partners, Alicia McGinnis, 412 Venture Fund, 99 Tartans, Muditā Venture Partners.