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Overview
Bright is an AI-powered app that gives every consumer a path to get debt-free. It helps consumers delete all forms of debt (credit card, student loan, auto loan) and designs tailored credit products powered by Machine Learning. Bright Money uses artificial intelligence and machine learning algorithms to analyze users' financial data. It can provide personalized insights into their spending habits, budgeting, and overall financial health. The company aims to help users achieve financial wellness by providing them with tools and insights to reduce financial stress, build savings, and make informed financial decisions.
About
Financial Services, Finance, FinTech, Artificial Intelligence (AI), Personal Finance
2019
101-250
Headquarters locations
United States, North America
Social
N/A
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Bright Money headquartered in United States, North America, operates in the Financial Services, Finance, FinTech, Artificial Intelligence (AI), Personal Finance sector. The company focuses on Financial Services and has secured $9.3B in funding across 100 round(s). With a team of 101-250 employees, Bright Money is actively contributing to advancements in Financial Services. Their latest funding round, Debt Financing - Bright Money, raised $50.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
1
0
$93.0M
Details
3
Bright Money has raised a total of $93.0M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Early Stage Venture | 31.0M | ||
2022 | Early Stage Venture | |||
2023 | Early Stage Venture | 12.0M |
Investors
Bright Money is funded by 21 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Bright Money | - | FUNDING ROUND - Bright Money | 12.0M |
Alpha Wave Global | - | FUNDING ROUND - Alpha Wave Global | 12.0M |
Bright Money | - | FUNDING ROUND - Bright Money | 50.0M |
Encina Lender Finance | - | FUNDING ROUND - Encina Lender Finance | 50.0M |
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