About Bright Event Rentals
Bright Event Rentals is a company based in San Francisco (United States) founded in 2011 was acquired by LinkedIn in February 2014. It operates as a Pay-per-Use / Usage-Based. Bright Event Rentals has raised $20 million across 3 funding rounds from investors including LinkedIn, Trivest and Toba Capital. Bright Event Rentals offers products and services including Event Rentals, Tenting and Draping, and Furniture Rentals. Bright Event Rentals operates in a competitive market with competitors including GoodShuffle, Tosshead, Bioma, Something Borrowed Blooms and Peachtree Tents & Events, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Bright Event Rentals
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Products & Services of Bright Event Rentals
Bright Event Rentals offers a comprehensive portfolio of products and services, including Event Rentals, Tenting and Draping, and Furniture Rentals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Event rentals are provided for various special occasions.
Tenting and draping solutions are offered for events.
Furniture rentals are supplied for event seating needs.
Funding Insights of Bright Event Rentals
Bright Event Rentals has successfully raised a total of $20M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(19 Jun 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Private Equity Round - Bright Event Rentals | Valuation | Trivest |
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| Sep, 2013 | Amount | Series B - Bright Event Rentals | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Bright Event Rentals | Valuation | John Burbank , Jamie Knall |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bright Event Rentals
Bright Event Rentals has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LinkedIn, Trivest and Toba Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Stage-agnostic investments are conducted by Toba Capital in US companies.
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Founded Year | Domain | Location | |
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Global investment firm managing funds for emerging markets and technology trends.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bright Event Rentals
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bright Event Rentals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bright Event Rentals Comparisons
Competitors of Bright Event Rentals
Bright Event Rentals operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoodShuffle, Tosshead, Bioma, Something Borrowed Blooms and Peachtree Tents & Events, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Party supplies rentals are facilitated online from multiple vendors.
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| domain | founded_year | HQ Location |
Online rental platform for event supplies
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| domain | founded_year | HQ Location |
Multi-category products are rented through an online B2B platform.
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| domain | founded_year | HQ Location |
Customized wedding bouquets are rented via an online marketplace.
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| domain | founded_year | HQ Location |
Georgia-based equipment rental company for events
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| domain | founded_year | HQ Location |
Offers table linen rentals, sales, laundry, and restoration for events and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bright Event Rentals
Frequently Asked Questions about Bright Event Rentals
When was Bright Event Rentals founded?
Bright Event Rentals was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Bright Event Rentals located?
Bright Event Rentals is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Bright Event Rentals a funded company?
Bright Event Rentals is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jun 19, 2012.
What does Bright Event Rentals do?
Bright Event Rentals is involved in offering comprehensive event rental services across California, Arizona, and Texas. The company is focused on providing curated collections of rental items including furniture, tenting, draping, and lighting for various events such as weddings, corporate functions, and private parties. Solutions are tailored for event planners, caterers, and venues, ensuring seamless service and standout style. A wide range of products is maintained to meet diverse client needs, supported by a service-oriented team dedicated to reliability and expert advice.
Who are the top competitors of Bright Event Rentals?
Bright Event Rentals's top competitors include Tosshead, GoodShuffle and Bioma.
What products or services does Bright Event Rentals offer?
Bright Event Rentals offers Event Rentals, Tenting and Draping, and Furniture Rentals.
Who are Bright Event Rentals's investors?
Bright Event Rentals has 6 investors. Key investors include LinkedIn, Trivest, Toba Capital, Passport Capital, and John Burbank.