About Bright Network
Bright Network is a company based in London (United Kingdom) founded in 2007 by James Uffindell. It operates as a Aggregator Model, and Freemium. Bright Network has raised $15.99 million across 8 funding rounds from investors including Maven Capital Partners and Seneca Partners. The company has 80 employees as of March 31, 2022. Bright Network offers products and services including Career Path Test, Bright Network Academy, and Job Recommendations. Bright Network operates in a competitive market with competitors including Zhiwen, Miles Education, The Grand, The New Club and Mesma, among others.
- Headquarter London, United Kingdom
- Employees 80 as on 31 Mar, 2022
- Founders James Uffindell
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bright Network (Uk) Limited
- Date of Incorporation 01 Oct, 2007
- Jurisdiction LONDON
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.99 M (USD)
in 8 rounds
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Latest Funding Round
$6.81 M (USD), Series B
Jul 26, 2023
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Investors
Maven Capital Partners
& 1 more
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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 Career Path Test, Bright Network Academy, and Job Recommendations. 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.
A test is provided to match career paths.
Online courses are offered for career skill development.
Personalized job and internship recommendations are provided here.
Funding Insights of Bright Network
Bright Network has successfully raised a total of $15.99M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $6.81 million completed in July 2023. 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 8
- Last Round Series B — $6.8M
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First Round
First Round
(15 Mar 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - Bright Network | Valuation |
investors |
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| Feb, 2022 | Amount | Series B - Bright Network | Valuation |
investors |
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| Mar, 2020 | Amount | Series B - Bright Network | Valuation | Maven Capital Partners |
| 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 Network
Bright Network has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Maven Capital Partners and Seneca Partners. 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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Multiple sectors are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Seneca Partners is engaged in tax-advantaged investment services.
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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 Network
| 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 Network
| 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 Network Comparisons
Competitors of Bright Network
Bright Network 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 Zhiwen, Miles Education, The Grand, The New Club and Mesma, 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 |
Career consulting services are provided to professionals in China.
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| domain | founded_year | HQ Location |
Provides global career pathways in accounting, business, healthcare, and technology.
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| domain | founded_year | HQ Location |
Career guidance services are provided to professionals by The Grand.
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| domain | founded_year | HQ Location |
Executive coaching and community building are provided for women engineers.
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| domain | founded_year | HQ Location |
Career guidance services are provided to individuals and organizations.
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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 Network
Frequently Asked Questions about Bright Network
When was Bright Network founded?
Bright Network was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is Bright Network located?
Bright Network is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Bright Network?
James Uffindell is the current CEO of Bright Network. They have also founded this company.
Is Bright Network a funded company?
Bright Network is a funded company, having raised a total of $15.99M across 8 funding rounds to date. The company's 1st funding round was a Series B of $4.31M, raised on Mar 15, 2011.
How many employees does Bright Network have?
As of Mar 31, 2022, the latest employee count at Bright Network is 80.
What does Bright Network do?
Bright Network is engaged in supporting students and recent graduates by connecting them with top employers for internships and graduate jobs. Services are provided across various sectors, offering career guidance through tools like the Career Path Test and online learning via Bright Network Academy. Personalized job recommendations are facilitated, and events are organized to build connections with leading employers. Diversity and inclusion are emphasized through targeted initiatives for groups such as LGBTQ students.
Who are the top competitors of Bright Network?
Bright Network's top competitors include Miles Education, Mesma and The Grand.
What products or services does Bright Network offer?
Bright Network offers Career Path Test, Bright Network Academy, and Job Recommendations.
Who are Bright Network's investors?
Bright Network has 2 investors. Key investors include Maven Capital Partners, and Seneca Partners.
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