About Bright Funds
Bright Funds is a Financial Services company based in San Francisco (United States) founded in 2012. Employee donations and volunteering are managed via cloud-based platform. It operates in the Financial Services, Technology, and Government & Social Sector sectors. Bright Funds has raised $2.1 million across 2 funding rounds from investors including Bloomberg Beta, Mission and Market and AGO Partners. The company has 16 employees. Its chief executive, as recorded, is Srinagesh Vitthanala. Its website brightfunds.org draws about 28 thousand monthly visits. Bright Funds offers products and services including Volunteering Software, Giving Software, and Grants Software. Its focus areas include Enterprise Applications, HRTech, Employee Engagement and Employee Giving. Its competitors include Goodera, FrontStream and Submittable; 3 of its 3 listed competitors have raised funding.
Company details
Bright Funds was founded in 2012 in San Francisco, United States, as a cloud-based platform in the corporate philanthropy sector. Employee contributions to causes are facilitated through crowdfunding tools, with donations matched by employers. Volunteering events are organized and tracked, alongside management of grants and volunteer participation. Payroll integration is supported to monitor overall corporate social giving activities.
- Headquarters San Francisco, United States
- Employees 16
- SectorsFinancial ServicesTechnology Government & Social Sector
- Email••••••••
- Website hello.brightfunds.org
- Social LinkedIn X Facebook
- Legal Name Bright Funds
- Total Equity Funding$2.1M (USD)
in 2 rounds
- Latest Funding Round$1.75M (USD), Seed
Jun 2015
- InvestorsBloomberg Beta
& 4 more
- Employee Count16
Products & Services of Bright Funds
Bright Funds offers a comprehensive portfolio of products and services, including Volunteering Software, Giving Software, and Grants Software.
Software for managing employee volunteering and related initiatives
Tools for handling employee giving and corporate grants programs
Platform for administering corporate grants and social impact efforts
Funding Insights of Bright Funds
Bright Funds has successfully raised a total of $2.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.75 million completed in June 2015. 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 $2.1M
- Total Rounds 2
- Last Round Seed — $1.75M
- First Round $350,000
(Feb 2013)
- Investors Count 5
All 2 funding rounds of Bright Funds with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $1.75M | Seed | – | AGO Partners | |
| Feb 2013 | $350,000 | Seed | – | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Bright Funds
Bright Funds has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Bloomberg Beta, Mission and Market and AGO Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate backed venture capital firm focused on multiple sectors | bloombergbeta.com | San Francisco, United States | ||
Investments are made in US tech and life sciences firms. | m14t.com | San Francisco, United States | ||
Venture capial firm focused on technology sectors | agopartners.com | Los Angeles, United States | ||
Private equity firm | wellspringcapital.com | New York, United States | ||
FY Frank Yeary | unknown_222bedea84b7470f8 |
Investor details for Bright Funds
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Bright Funds
12 people are tracked at Bright Funds (3 in leadership, 6 in board & advisors, 3 in team); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
Srinagesh Vitthanala | CEO | Leadership |
Thara Jinadasa | VP, Nonprofit Services | Leadership |
Michelle Marinas | Head Of Support | Leadership |
Dan Wright | Board Member | Board & advisors |
Frank Yeary | Board Member | Board & advisors |
Joseph N. Sanberg | Board Member | Board & advisors |
George Jamison III | Board Member | Board & advisors |
Tom Silver | Board Member | Board & advisors |
Joe Ruocco | Board Member | Board & advisors |
Emily Myers | Donor Support Coordinator | Team |
Sarah Mattias | Nonprofit Operations Associate | Team |
Andrew Flachner | Advisor | Team |
Complete people profiles for Bright Funds
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Bright Funds
3 dated milestones of Bright Funds across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Bright Funds is founded.
- Funding First funding round of $350K.
- Funding Latest funding round, Seed, of $1.8M.
Competitors of Bright Funds
Bright Funds has 3 listed competitors in our database, 3 of them funded. They include Goodera, FrontStream and Submittable.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goodera.com | 2014 | San Mateo, United States | $29.05M | 170 | Provider of scalable corporate volunteering programs | |
| frontstream.com | 2007 | Reston, United States | $26M | 76 | Integrated back-end merchant and donation solutions are provided multi-nationally. | |
| submittable.com | 2010 | Missoula, United States | $74.64M | 127 | Digital submissions are accepted, reviewed, and managed via cloud platform. |
Detailed competitors of Bright Funds
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bright Funds
The website of Bright Funds (brightfunds.org) receives about 28.5K visits a month.
- Monthly visits28.5K
▲ 34.1% vs previous month
Websites whose visitors overlap most with Bright Funds. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| csrwire.com | 100% | 27.1K | #1,191,254 | View details | |
| salalcu.org | 74% | 680.7K | #228,391 | View details | |
bap.org | bap.org | 72% | #1,417,011 | – | |
| greenomy.io | 69% | 7.4K | #1,473,031 | View details | |
| instead.com | 69% | 49.4K | #582,852 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Bright Funds
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Crowdfunding
3 companies that operate in the same segment as Bright Funds (Crowdfunding) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | 1,218 | ||
An investment platform offering access to private market investments | 2010 | Washington, District Of Columbia, United States | USD 53.73 M | |||
Funds are raised online for social causes via crowdfunding platform. | 2008 | San Diego, California, United States |
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Related news about Bright Funds
Complete news archive for Bright Funds
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Frequently Asked Questions about Bright Funds
Bright Funds was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Bright Funds is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Srinagesh Vitthanala is the CEO of Bright Funds, as recorded in our data.
Bright Funds is a funded company, having raised a total of $2.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $350K, raised on Feb 2013.
Bright Funds has 16 employees.
Bright Funds was founded in 2012 in San Francisco, United States, as a cloud-based platform in the corporate philanthropy sector. Employee contributions to causes are facilitated through crowdfunding tools, with donations matched by employers. Volunteering events are organized and tracked, alongside management of grants and volunteer participation. Payroll integration is supported to monitor overall corporate social giving activities.
Bright Funds's top competitors include Goodera, Submittable and FrontStream.
Bright Funds offers Volunteering Software, Giving Software, and Grants Software.
Bright Funds has 5 investors. Key investors include Bloomberg Beta, Mission and Market, AGO Partners, Wellspring Capital Management, and Frank Yeary.
Bright Funds operates through Bright Funds.