BrightClaim

Atlanta, United States Founded: 2004 • Age: 22 yrs Acquired By Genpact
Provider of digital claims processing and virtual adjustment services for insurers

About BrightClaim

BrightClaim is a company based in Atlanta (United States) founded in 2004, and was acquired by Genpact in May 2017.

Company details

Provider of digital claims processing and virtual adjustment services for insurers. This includes end-to-end solutions for property, auto, and contents claims, handling all severity and complexity levels. The services utilize digital tools for field inspections and self-service, and incorporate managed repair programs with contents inventory pricing and fulfillment. Another offering provides end-to-end claims solutions for insurance companies and self-insured corporations, covering daily and catastrophic claims. Services also extend to property and casualty insurers, aiming to deliver seamless experiences and improved outcomes in claims, underwriting, actuarial, and reinsurance processes.

  • Headquarters Atlanta, United States
  • Stage Acquired
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  • Phone
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  • Website brightclaim.com
  • Social LinkedIn X Facebook
  • Acquired by Genpact (May 2017)
Key Metrics

Funding Insights of BrightClaim

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of BrightClaim with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2014Series A––
Valuation history

2 investors in total: 2 institutional.

Investors in BrightClaim

BrightClaim has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Genpact and Century Equity Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
PE firm investing in the US
cepfunds.comBoston, United States
Provider of end-to-end business process outsourcing services
1997genpact.comNew York, United States
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Investor details for BrightClaim

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

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Timeline of BrightClaim

3 dated milestones of BrightClaim across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded BrightClaim is founded.
  2. Funding First funding round.
  3. Exit Acquired by Genpact.
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Frequently Asked Questions about BrightClaim

BrightClaim was founded in 2004 and raised its 1st funding round 10 years after it was founded.

BrightClaim is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Provider of digital claims processing and virtual adjustment services for insurers. This includes end-to-end solutions for property, auto, and contents claims, handling all severity and complexity levels. The services utilize digital tools for field inspections and self-service, and incorporate managed repair programs with contents inventory pricing and fulfillment. Another offering provides end-to-end claims solutions for insurance companies and self-insured corporations, covering daily and catastrophic claims. Services also extend to property and casualty insurers, aiming to deliver seamless experiences and improved outcomes in claims, underwriting, actuarial, and reinsurance processes.

BrightClaim has 2 investors. Key investors include Genpact, and Century Equity Partners.

Yes. BrightClaim was acquired by Genpact in May 2017.

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