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Bright Funding & Investors

Bright is a mission-driven consumer fintech company dedicated to helping everyone delete debt and build wealth. The birthplace of MoneyScience™, Bright delivers AI-driven financial planning that delivers real results —automatically. Based in San Francisco, CA, and Bangalore, India, data science is at the heart of every product that we build. Our founding team brings deep expertise in building data science and A.I. systems: Avi Patchava (formerly of McKinsey and InMobi), Petko Plachkov (formerly of McKinsey and a CommuterClub founder), Varun Modi (formerly of InMobi) and Alexander Seyfert (formerly of Amazon and Yahoo). Backed by three major venture capital funds (Sequoia, Falcon Edge and Hummingbird) and with top angel investors from the US, UK and India, Bright has raised $30 million in Series A funding in 2021. Our mission is to help every American double their wealth by enabling better financial decisions, powered by data sciences and behavioral design. At Bright, we believe everyone should benefit from financial planning driven by world-class AI.

brightsec.com

Total Amount Raised: $93,000,000

Bright Funding Rounds

  • Debt Financing

    $50,000,000

    Debt Financing Investors

    Encina Lender Finance
  • Series B

    $12,000,000

    Series B Investors

    Alpha Wave Global
    Hummingbird Ventures
    Peak XV Partners
  • Series A

    $31,000,000

    Series A Investors

    Alpha Wave Global
    Hummingbird Ventures
    Sequoia Capital
    Kunal Shah
    Naveen Tewari
    Pradeep Parameswaran
    Ram Shriram
    Abhay Singhal
    Gunjan Soni
    Jitendra Gupta
Funding info provided by Diffbot.