Bright Network

London, United Kingdom Founded: 2017 • Age: 9 yrs
Bright Network is operated as a decentralized blockchain platform.
Annual revenue $12.9M Latest available
Total funding $4.5M 3 rounds
Employees 80 Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors - Brand Intelligence

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 as of March 31, 2022. Bright Network offers products and services including Bright Network Platform.

  • Headquarter London, United Kingdom
  • Employees 80 as on 31 Mar, 2022
  • Founders Arnold Almeida, Anthony Martin, Pierre Proner
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bright Network, Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.94 M (USD)
    -11
    as on Mar 31, 2024
  • Net Profit
    -$1.53 M (USD)
    -120
    as on Mar 31, 2024
  • EBITDA
    -$1.62 M (USD)
    -116
    as on Mar 31, 2024
  • Total Equity Funding
    $4.53 M (USD)

    in 3 rounds

  • Latest Funding Round
    $177.2 K (USD), Seed

    Jun 19, 2020

  • Investors
    Dtec

    & 1 more

  • Employee Count
    80

    as on Mar 31, 2022

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Products & Services of Bright Network

Bright Network offers a comprehensive portfolio of products and services, including Bright Network Platform.

Product name locked
Category locked
Primary

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are incubated and funded by Dtec across multiple sectors.
Locked Locked Locked
Investment is made in AI infrastructure and AI-native application startups.
Locked Locked Locked
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Investments & Acquisitions by Bright Network

Investments
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Investment portfolio details for Bright Network

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Financial Statements - Bright Network

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Bright Network Comparisons

Bright Network Primary company
Description
Bright Network is operated as a decentralized blockchain pla...
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
$12.94 M (USD)
Net Profit
-$1.53 M (USD)
EBITDA
-$1.62 M (USD)
Employees
80
As of 2022
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Peer comparison for Bright Network

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Competitors of Bright Network

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Detailed competitors of Bright Network

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Latest news on Bright Network

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Complete news archive for Bright Network

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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.

As of Mar 31, 2022, the latest employee count at Bright Network is 80.

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.

Bright Network has 2 investors. Key investors include Dtec, and Propeller.

The valuation of Bright Network is $16.24M as of Jun 2020.

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