About BrightChamps
BrightChamps is a company based in Wilmington (United States) founded in 2020 by Ravi Bhushan and Sitakanta Ray. BrightChamps has raised $63.3 million across 1 funding round from investors including Momentum, Premji Invest and GSV Ventures. BrightChamps has completed 4 acquisitions, including EdJust, Education10x and Metamorphosis. BrightChamps offers products and services including CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and AICHAMPS. BrightChamps operates in a competitive market with competitors including Outschool, LingoAce, GLORANG, Wiingy and Bambinos, among others.
- Headquarter Wilmington, United States
- Founders Ravi Bhushan, Sitakanta Ray
- Stage Minicorn
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Sectors
Education
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Email
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Website
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Products & Services of BrightChamps
BrightChamps offers a comprehensive portfolio of products and services, including CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and AICHAMPS.
Interactive program teaching coding skills to build apps and innovate.
Hands-on robotics and electronics learning for kids through experiments.
Simulation-based classes on money management and entrepreneurship.
Courses to improve communication and public speaking abilities.
Exploration of generative AI to foster creativity and curiosity.
Programs covering arithmetic to algebra for academic enhancement.
People of BrightChamps
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Funding Insights of BrightChamps
BrightChamps has successfully raised a total of $63.3M through 1 strategic funding round. The most recent funding activity was a Series C round of $63.3 million completed in August 2021. 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 1
- Last Round Series C — $63.3M
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First Round
First Round
(11 Aug 2021)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series C - BrightChamps | Valuation | Premji Invest |
Investors in BrightChamps
BrightChamps has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Momentum, Premji Invest and GSV Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides venture capital for technology startups and enterprise innovations worldwide.
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Founded Year | Domain | Location | |
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Ed-tech startups are funded by GSV Ventures through venture capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location |
Investments & Acquisitions by BrightChamps
BrightChamps has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include EdJust, Education10x and Metamorphosis.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Operates an online platform offering multi-disciplinary courses for learners.
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2022 | ||||
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Provides one-on-one live classes on financial literacy for school students
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2020 | ||||
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Entrepreneurship education is delivered to students via courses and workshops.
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2017 |
Financial Statements - BrightChamps
Brightchamps Comparisons
Competitors of BrightChamps
BrightChamps 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 Outschool, LingoAce, GLORANG, Wiingy and Bambinos, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-disciplinary online classes are provided via an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform providing tutoring sessions for language learning
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| domain | founded_year | HQ Location |
App-based platform offering tutoring solutions for kids
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| domain | founded_year | HQ Location |
Online and in-person tutoring services are offered via a marketplace.
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| domain | founded_year | HQ Location |
Online English communication courses for children are offered by Bambinos.
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Frequently Asked Questions about BrightChamps
BrightChamps was founded in 2020 and raised its 1st funding round 1 year after it was founded.
BrightChamps is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Ravi Bhushan is the current CEO of BrightChamps. They have also founded this company.
BrightChamps is a funded company, having raised a total of $63.3M across 1 funding round to date. The company's 1st funding round was a Series C of $63.3M, raised on Aug 11, 2021.
BrightChamps was founded in 2020 and is headquartered in Wilmington, United States. Operations focus on the education technology sector, where live online courses in STEM topics such as coding and robotics, alongside life skills including financial literacy and communication, are delivered to children. Interactive sessions with tutors are utilized, and curricula are tailored to individual needs to support problem-solving and critical thinking development.
BrightChamps offers CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and 2 more products and services.
BrightChamps has made 4 acquisitions, including EdJust, Education10x, and Metamorphosis.
BrightChamps has 17 investors. Key investors include Momentum, Premji Invest, GSV Ventures, Binny Bansal, and Beenext.
The valuation of BrightChamps is $370.65M as of Aug 2021.