Brightflag

Dublin, Ireland Founded: 2014 • Age: 12 yrs Acquired By Wolters Kluwer
AI-based legal spend management software is offered for corporate lawyers.
Annual revenue $8.6M Latest available
Total funding $39.4M 6 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Brightflag

Brightflag is a company based in Dublin (Ireland) founded in 2014 was acquired by Wolters Kluwer in May 2025. Brightflag has raised $39.39 million across 6 funding rounds from investors including Wolters Kluwer, Enterprise Ireland and Sands Capital Ventures. Brightflag has completed 1 acquisition, including Joinder. Brightflag offers products and services including E-Billing, Accruals Management, Budgeting Platform, and Vendor Benchmarking. Brightflag operates in a competitive market with competitors including Conta Simples, AppZen, Jenji, Mendel and Apperio, among others.

  • Headquarter Dublin, Ireland
  • Sectors
    Professional & Legal Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Shine Analytics Limited
Operational Areas
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.64 M (USD)
    75
    as on Dec 31, 2021
  • Net Profit
    -$7.11 M (USD)
    -18
    as on Dec 31, 2021
  • EBITDA
    -$7.71 M (USD)
    -20
    as on Dec 31, 2021
  • Total Equity Funding
    $39.39 M (USD)

    in 6 rounds

  • Latest Funding Round
    $28 M (USD), Series B

    Dec 09, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Wolters Kluwer

    (May 29, 2025)

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Products & Services of Brightflag

Brightflag offers a comprehensive portfolio of products and services, including E-Billing, Accruals Management, Budgeting Platform, and Vendor Benchmarking.

Product name locked
Category locked
Primary

AI-assisted platform for reviewing and processing legal invoices.

Product name locked
Category locked
Locked

Automates accruals to integrate with accounts payable systems.

Product name locked
Category locked
Locked

Tracks budgets at matter level for proactive financial oversight.

Product name locked
Category locked
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Compares rates and discounts based on industry norms.

People of Brightflag

Headcount 50-200
Employee Profiles 112
Employee Profiles
People
Michael Theise
Customer Success Manager
People
Ian Nolan
Co-Founder & CEO
People
Ashley Hayes
CTO
People
Kevin Cohn
Chief Customer Officer

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Funding Insights of Brightflag

Brightflag has successfully raised a total of $39.39M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $28 million completed in December 2020. 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.

Investors in Brightflag

Brightflag has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Wolters Kluwer, Enterprise Ireland and Sands Capital Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth stage tech & life sciences focused VC Firm investing in Asia and the US
Locked Locked Locked
Venture capital firm focused on B2B companies
Locked Locked Locked
A venture capital firm focused on early-stage startup investments.
Locked Locked Locked
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Investor details for Brightflag

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Brightflag

Brightflag has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Joinder.

Investments
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Investment portfolio details for Brightflag

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based collaboration management solution provider for lawyers
Locked Locked 2019 Locked
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Complete acquisition details for Brightflag

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Brightflag

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Detailed financials for Brightflag

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Brightflag Comparisons

Brightflag Primary company
Description
AI-based legal spend management software is offered for corp...
Location
Dublin, Ireland
Founded Year
2014
Annual Revenue
$8.64 M (USD)
Net Profit
-$7.11 M (USD)
EBITDA
-$7.71 M (USD)
Employees
Not available
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Peer comparison for Brightflag

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Brightflag

Brightflag 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 Conta Simples, AppZen, Jenji, Mendel and Apperio, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Digital bank for businesses
Locked Locked Locked
Personal Assistant for Expense Management
Locked Locked Locked
AI-based expense management software is offered for businesses.
Locked Locked Locked
Expense analysis and management solutions are provided for businesses.
Locked Locked Locked
Legal spend is tracked and managed via Apperio's software platform.
Locked Locked Locked
Receipt management solutions are offered for digital banking apps.
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Detailed competitors of Brightflag

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Brightflag

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Complete news archive for Brightflag

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Brightflag

Brightflag was founded in 2014.

Brightflag is headquartered in Dublin, Ireland.

Brightflag is a funded company, having raised a total of $39.39M across 6 funding rounds to date.

Annual revenue of Brightflag is $8.64M as on Dec 31, 2021.

Brightflag was founded in 2014 in Dublin, Ireland, and operates in the legal technology sector. AI-driven software is provided to assist corporate lawyers with spend management, including e-billing, financial reporting, budgeting, forecasting, and vendor oversight. Financial data analysis, predictive insights, and analytics are delivered through the platform. Integrations are supported with systems such as Tableau, Oracle, and SAP to enhance operational efficiency.

Brightflag's top competitors include Conta Simples, Apperio and AppZen.

Brightflag offers E-Billing, Accruals Management, Budgeting Platform, and Vendor Benchmarking.

Brightflag has made 1 acquisition, including Joinder.

Brightflag has 8 investors. Key investors include Wolters Kluwer, Enterprise Ireland, Sands Capital Ventures, Frontline Ventures, and Tribal.vc.

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