BrightFi

Scottsdale, United States Founded: 2020 • Age: 6 yrs
Cloud-based banking software suite is offered to financial institutions.

About BrightFi

BrightFi is a company based in Scottsdale (United States) founded in 2020 by Sam Rosenfeld.. BrightFi operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.

  • Headquarter Scottsdale, United States
  • Founders Sam Rosenfeld
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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People of BrightFi
Headcount 50-200
Employee Profiles 45
Employee Profiles
People
Nicola Graham
Marketing Manager
People
Michael Coghlan
CEO
People
Eva Kuehnert
Head, Product
People
Scott Kelly
General Counsel

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Funding Insights of BrightFi

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Series B - BrightFi Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in BrightFi

BrightFi has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Sterling National Bank, Fifo Capital and Tom Ricketts. 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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Commercial bank
Founded Year Domain Location
Invoice factoring and loans are provided online for small businesses.
Founded Year Domain Location

Tom Ricketts

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Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BrightFi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BrightFi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Brightfi Comparisons

Employees
+
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Competitors of BrightFi

BrightFi 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 Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, 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
Diversified financial solutions for business processing and management are provided.
domain founded_year HQ Location
Software platforms for telecommunications, digital payments, and experiences are provided.
domain founded_year HQ Location
Banking and payments solutions are provided through a dedicated platform.
domain founded_year HQ Location
Digital solutions for mortgage and consumer lending are provided.
domain founded_year HQ Location
Digital payment solutions and enterprise software platforms are provided.
domain founded_year HQ Location
API-enabled open banking platform is provided for financial institutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Brightfi

Frequently Asked Questions about BrightFi

When was BrightFi founded?

BrightFi was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is BrightFi located?

BrightFi is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.

What does BrightFi do?

BrightFi was founded in 2020 and is headquartered in Scottsdale, United States. The company operates in the fintech sector, delivering a cloud-based software suite tailored for banks and credit unions. Digital banking products, including checking accounts, omnichannel platforms, and core banking systems, are enabled through this suite. KYC and AML solutions are also provided to support customer onboarding processes.

Who are the top competitors of BrightFi?

BrightFi's top competitors include Comviva, Mambu and Blend.

Who are BrightFi's investors?

BrightFi has 3 investors. Key investors include Sterling National Bank, Fifo Capital, and Tom Ricketts.

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