Bright Power

New York, United States Founded: 2004 • Age: 22 yrs
Energy audits and efficiency management for buildings are offered.

About Bright Power

Bright Power is a Real Estate & Construction company based in New York (United States) founded in 2004. Energy audits and efficiency management for buildings are offered. Bright Power has raised $31.53 million across 5 funding rounds from investors including BMO, Generate Capital and Windsail Capital Group. The company has 18 employees. Bright Power has completed 1 acquisition, including Ecological Group. Its focus areas include Real Estate and Construction, Green Buildings, Building Energy Efficiency and Services. Its legal entity is BRIGHT POWER INC. Its competitors include Enovity and GreenSheen Paint.

Company details

Bright Power was founded in 2004 and is headquartered in New York, United States. Operations focus on the energy efficiency sector, where audits for buildings are performed, improvements are designed, and ongoing management is provided. Services encompass energy benchmarking, financial and technical feasibility analysis, grant and rebate assistance, LEED consulting for green buildings, and professional trainings. Clients include building owners, management firms, developers, contractors, architects, governments, and utilities.

  • Headquarters New York, United States
  • Employees 18
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website brightpower.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Bright Power Inc
Key Metrics
  • Total Equity Funding
    $31.53M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.89M (USD), Series B

    Sep 2024

  • Investors
    BMO

    & 2 more

  • Employee Count
    18
  • Investments & Acquisitions

Funding Insights of Bright Power

Bright Power has successfully raised a total of $31.53M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $2.89 million completed in September 2024. 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 $31.53M
  • Total Rounds 5
  • Last Round Series B β€” $2.89M
  • First Round $250,000

    (Aug 2012)

  • Investors Count 3

All 5 funding rounds of Bright Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$2.89MSeries B––
–
Jul 2023$4.14MSeries B––
–
Aug 2021$24.5MSeries B–BMO, Generate Capital
–
Dec 2014$10MDebt – Conventional––
Aug 2012$250,000Grant––
–
Valuation history

3 investors in total: 3 institutional.

Investors in Bright Power

Bright Power has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BMO, Generate Capital and Windsail Capital Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Renewable energy infrastructure investments are managed by Generate Capital.
2014generatecapital.comSan Francisco, United States
windsailcapital.com
BMO is recognized as a leading financial services provider in Canada.
1817bmo.comToronto, Canada
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Investor details for Bright Power

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People of Bright Power

6 people are tracked at Bright Power (2 in leadership, 4 in team); the tracked headcount is 18.

NameRoleGroup
Andrea Mancino
Interim CEOLeadership
Justin Pateman
CFOLeadership
Pristine Johannessen
Legal CounselTeam
K. Duvale Bryan, CMA, MS
ControllerTeam
Jeffrey Hwang
AccountantTeam
Mandy Lee
Financial Planning And Analysis ManagerTeam
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Investments & Acquisitions by Bright Power

Bright Power has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ecological Group.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Practical energy management and solar energy services are offered.
ecologicalgroup.comNew York, United States2008Feb 2015β€’β€’β€’β€’
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Timeline of Bright Power

4 dated milestones of Bright Power across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bright Power is founded.
  2. Funding First funding round of $250K.
  3. Acquisition Acquires Ecological Group.
  4. Funding Latest funding round, Series B, of $2.9M.

Competitors of Bright Power

Bright Power has 2 listed competitors in our database. They include Enovity and GreenSheen Paint.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
enovity.com2002San Francisco, United States113
Offers building automation solutions to optimize enterprise environments.
greensheenpaint.com2010Englewood, United States
Provider of renewable and recycling of latex paint
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Detailed competitors of Bright Power

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Web traffic of Bright Power

The website of Bright Power (brightpower.com) receives about 4.5K visits a month.

  • Monthly visits
    4.5K

    ▲ 3% vs previous month

Similar websites

Websites whose visitors overlap most with Bright Power. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pricetocompare.com
pricetocompare.com
100%
#4,683,580–
gdsassociates.com
100%
#2,547,635View details
shipleyenergy.com
shipleyenergy.com
91%
#587,860–
imt.org
imt.org
86%
#2,461,625–
energy.ca.gov
81%
108.2KView details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 17 similar websites and full traffic analytics for Bright Power

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Top companies in Green & Smart Buildings

3 companies that operate in the same segment as Bright Power (Green & Smart Buildings) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Green building construction services are provided by the company.
1997New York, New York, United States
Bamboo-based building materials such as panels and veneers are manufactured.
2013Bradenton, Florida, United StatesUSD 635 KUSD 1.9 M107
Developer of green buildings
2013Newport Beach, California, United States
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Related news about Bright Power

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Frequently Asked Questions about Bright Power

Bright Power was founded in 2004 and raised its 1st funding round 8 years after it was founded.

Bright Power is headquartered in New York, United States. It is registered at New York, New York, United States.

Bright Power is a funded company, having raised a total of $31.53M across 5 funding rounds to date. The company's 1st funding round was a Grant of $250K, raised on Aug 2012.

Bright Power has 18 employees.

Bright Power was founded in 2004 and is headquartered in New York, United States. Operations focus on the energy efficiency sector, where audits for buildings are performed, improvements are designed, and ongoing management is provided. Services encompass energy benchmarking, financial and technical feasibility analysis, grant and rebate assistance, LEED consulting for green buildings, and professional trainings. Clients include building owners, management firms, developers, contractors, architects, governments, and utilities.

Bright Power's top competitors include GreenSheen Paint and Enovity.

Bright Power has made 1 acquisition, including Ecological Group.

Bright Power has 3 investors. Key investors include BMO, Generate Capital, and Windsail Capital Group.

Bright Power operates through Bright Power Inc.

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