Brightmerge

Tel Aviv, Israel Founded: 2018 • Age: 8 yrs
Offering a SaaS platform for economic optimizing of renewable energy microgrids

About Brightmerge

Brightmerge is a company based in Tel Aviv (Israel) founded in 2018 by Keith Lehman.. Brightmerge offers products and services including BrightMerge Platform, EV Fleet Analysis Module, and Charging Hub Configuration. Brightmerge operates in a competitive market with competitors including CleanSpark, Xendee, Go Electric, QPV and Frequenz, among others.

  • Headquarter Tel Aviv, Israel
  • Founders Keith Lehman
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Brightmerge Ltd.
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    gov.il

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Brightmerge

Brightmerge offers a comprehensive portfolio of products and services, including BrightMerge Platform, EV Fleet Analysis Module, and Charging Hub Configuration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cloud-based tool for analyzing and optimizing EV fleets and energy systems.

Component for simulating fleet conversions and reducing operational costs.

Feature for optimizing charging operations and grid integration.

People of Brightmerge
Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Daniel Schwab
Founder Advisor

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Teams

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Funding Insights of Brightmerge

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Grant - Brightmerge Valuation

investors

Mar, 2018 Amount Grant - Brightmerge 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

investors

Investors in Brightmerge

Brightmerge has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include gov.il, DOE and BIRD Foundation. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage entrepreneurs are accelerated through MassChallenge's program.
Founded Year Domain Location
A foundation fund supporting U.S. and Israeli companies across multiple sectors.
Founded Year Domain Location
Energy sources and policies are managed by the DOE.
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 Brightmerge

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 - Brightmerge

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

Brightmerge Comparisons

Employees
+
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Competitors of Brightmerge

Brightmerge 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 CleanSpark, Xendee, Go Electric, QPV and Frequenz, 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
Microgrid optimizer software solutions are provided for energy management.
domain founded_year HQ Location
Smart grid project design software is provided for engineers.
domain founded_year HQ Location
Microgrid management systems and uninterruptible power solutions are developed.
domain founded_year HQ Location
Solar energy consultancy and engineering services are provided.
domain founded_year HQ Location
Grid management solutions are delivered via an AI-based platform.
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 Brightmerge

Frequently Asked Questions about Brightmerge

When was Brightmerge founded?

Brightmerge was founded in 2018.

Where is Brightmerge located?

Brightmerge is headquartered in Tel Aviv, Israel.

What does Brightmerge do?

Brightmerge was founded in 2018 in Tel Aviv, Israel, within the renewable energy sector. A SaaS platform is operated to optimize the economics of microgrids through AI-driven performance predictions and self-learning algorithms. Tools for scaling development processes, ROI simulations, and network transitions are included, supporting cost-effective energy management in complex systems.

Who are the top competitors of Brightmerge?

Brightmerge's top competitors include CleanSpark, Xendee and HOMER Energy.

What products or services does Brightmerge offer?

Brightmerge offers BrightMerge Platform, EV Fleet Analysis Module, and Charging Hub Configuration.

Who are Brightmerge's investors?

Brightmerge has 4 investors. Key investors include gov.il, DOE, BIRD Foundation, and MassChallenge.

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