About BrightNest
BrightNest is a company based in Denver (United States) founded in 2011 was acquired by Angie's List in August 2013.. BrightNest has raised $650 thousand across 2 funding rounds from investors including 500 Global and Angie's List. BrightNest operates in a competitive market with competitors including Hometalk, BetterHomes and Gardens, Mimub, HOMETIPS and RGI Home, among others.
- Headquarter Denver, United States
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$650 K (USD)
in 2 rounds
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Latest Funding Round
$650 K (USD), Seed
Dec 18, 2012
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Investors
500 Global
& 1 more
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Employee Count
Employee Count
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Acquired by
Angie's List
(Aug 05, 2013)
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Funding Insights of BrightNest
BrightNest has successfully raised a total of $650K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $650 thousand completed in December 2012. 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 2
- Last Round Seed — $650,000
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Seed - BrightNest | Valuation |
investors |
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| Oct, 2011 | Amount | Seed - BrightNest | Valuation | 500 Global |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BrightNest
BrightNest has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include 500 Global and Angie's List. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BrightNest
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BrightNest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brightnest Comparisons
Competitors of BrightNest
BrightNest 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 Hometalk, BetterHomes and Gardens, Mimub, HOMETIPS and RGI Home, 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 |
Online community-based content platform for home improvements
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| domain | founded_year | HQ Location |
Magazine offering home improvement, gardening, and recipe advice.
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| domain | founded_year | HQ Location |
Online content platform for home improvement products
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| domain | founded_year | HQ Location |
Online DIY home repair and improvement tips are provided.
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| domain | founded_year | HQ Location |
Handcrafted sustainable storage solutions for homes are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BrightNest
When was BrightNest founded?
BrightNest was founded in 2011.
Where is BrightNest located?
BrightNest is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is BrightNest a funded company?
BrightNest is a funded company, having raised a total of $650K across 2 funding rounds to date.
What does BrightNest do?
BrightNest was founded in 2011 in Denver, United States, as an online content platform focused on home improvements. Tips for homeowners are offered on topics such as cleaning, interior design, eco-friendly maintenance, and DIY projects, with all content provided free of charge. The platform operates in the digital media sector. Acquisition by Angies List took place in 2013.
Who are the top competitors of BrightNest?
BrightNest's top competitors include Hometalk, RGI Home and Mushroom London.
Who are BrightNest's investors?
BrightNest has 2 investors. Key investors include 500 Global, and Angie's List.