About Bright Network
Bright Network is a company based in London (United Kingdom) founded in 2017 by Arnold Almeida, Anthony Martin, and Pierre Proner. It operates as a Blockchain-as-a-Service. Bright Network has raised $4.53 million across 3 funding rounds from investors including Dtec and Propeller. The company has 80 employees. Bright Network offers products and services including Bright Network Platform.
- Headquarter London, United Kingdom
- Employees 80
- Founders Arnold Almeida, Anthony Martin, Pierre Proner
- Stage Minicorn
- SectorsTechnologyFinancial Services
- Website brightnetwork.io
- Social X Facebook YouTube
- Legal Name Bright Network, Inc
- Annual Revenue$12.94 M (USD)-11as on Mar 31, 2024
- Net Profit-$1.53 M (USD)-120as on Mar 31, 2024
- EBITDA-$1.62 M (USD)-116as on Mar 31, 2024
- Total Equity Funding$4.53M (USD)
in 3 rounds
- Latest Funding Round$177.2K (USD), Seed
Jun 2020
- InvestorsDtec
& 1 more
- Employee Count80
Products & Services of Bright Network
Bright Network offers a comprehensive portfolio of products and services, including Bright Network Platform.
A decentralized platform for secure wallet connections.
Funding Insights of Bright Network
Bright Network has successfully raised a total of $4.53M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $177.2 thousand completed in June 2020. 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 $4.53M
- Total Rounds 3
- Last Round Seed — $177,195
- First Round $200,000
(Nov 2019)
- Investors Count 2
All 3 funding rounds of Bright Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Jun 2020 | $16.24M | •••••••• |
| Mar 2020 | $14.85M | •••••••• |
Last known valuation $16.24M (Jun 2020). 2 investors in total: 2 institutional.
Investors in Bright Network
Bright Network has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Dtec and Propeller.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are incubated and funded by Dtec across multiple sectors. | – | dtec.ae | Dubai, United Arab Emirates | |
Investment is made in AI infrastructure and AI-native application startups. | – | propellerinc.me | - |
Investor details for Bright Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Bright Network
3 people are tracked at Bright Network (3 in leadership); the tracked headcount is 80.
| Name | Role | Group |
|---|---|---|
Arnold Almeida | Co-Founder | Leadership |
Anthony Martin | Co-Founder | Leadership |
Pierre Proner | Co-Founder & CEO | Leadership |
Complete people profiles for Bright Network
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 Network
4 dated milestones of Bright Network across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Bright Network is founded.
- Funding First funding round of $200K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $177K.
Similar companies to Bright Network
10 companies that operate in the same segment as Bright Network (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 3,940 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | – | |
Cloud security posture management solutions are provided by the platform. | 2000 | Sunnyvale, California, United States | USD 54.2 M | USD 6.8 B | 14,140 | |
Digital workplace safety tools for inspections and audits are provided. | 2004 | Surry Hills, New South Wales, Australia | USD 297.93 M | – | – | |
Compliance and risk management platform is offered to enterprises. | 2016 | San Francisco, California, United States | USD 503.05 M | – | – | |
Cloud-based tax compliance solutions are delivered for businesses worldwide. | 2004 | Seattle, Washington, United States | USD 342.97 M | USD 65.53 M | 1,623 | |
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | Austin, Texas, United States | – | USD 1.79 B | 8,890 | |
Cloud based identity governance and administration software | 2005 | Austin, Texas, United States | USD 26.65 M | USD 1.07 B | 2,740 | |
Online payment solutions are offered to consumers and businesses. | 1998 | San Jose, California, United States | USD 216 M | USD 31.79 B | 24,400 |
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Frequently Asked Questions about Bright Network
Bright Network was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Bright Network is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Pierre Proner is the current CEO of Bright Network. They have also founded this company.
Bright Network is a funded company, having raised a total of $4.53M across 3 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Nov 2019.
Bright Network has 80 employees.
Annual revenue of Bright Network is $12.94M as on Mar 31, 2024.
Bright Network is managed as a decentralized platform leveraging blockchain technology. It is focused on providing secure wallet connections and automated smart contracts. The platform operates within the Smart Chain blockchain, ensuring security and stability through decentralized systems. Solutions are offered for users seeking immutable transaction records and protection from manipulation. The sector primarily targeted is blockchain technology with an emphasis on decentralization.
Bright Network offers Bright Network Platform.
The valuation of Bright Network is $16.24M as of Jun 2020.
Bright Network operates through Bright Network, Inc.