About BrightPay
BrightPay is a Technology company based in London (United Kingdom) founded in 1992. Payroll management software is provided for SMEs and accountants. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. BrightPay has raised $19.91 million across 1 funding round from investors including Hg. BrightPay has completed 1 acquisition, including BTC Software. Its website brightpay.co.uk draws about 80 thousand monthly visits. BrightPay offers products and services including BrightPay Cloud, BrightPay Desktop, and BrightPay Connect. Its focus areas include Software and Payroll Solutions. Its legal entity is Thesaurus Software Ltd T/A Bright Software Group.
Company details
BrightPay is known for delivering payroll software solutions, both cloud-based and desktop versions, catering to employers and accountants. The company operates in the technology sector, focusing on payroll processing and auto enrolment functionalities. Integration with accounting software like Xero and Sage is provided, alongside features like employee self-service portals and batch processing for bureaus. Secure, real-time collaboration is enabled through cloud solutions, ensuring accessibility across devices and locations.
- Headquarters London, United Kingdom
- SectorsTechnology
- Website category Finance · Financial Planning and Management
- Phone•••• ••••
- Website brightpay.co.uk
- Social LinkedIn X Facebook YouTube
- Legal Name Thesaurus Software Ltd T/A Bright Software Group
- Total Equity Funding$19.91M (USD)
in 1 rounds
- Latest Funding Round$19.91M (USD), Series B
Sep 2018
- Investors
- Investments & Acquisitions
Products & Services of BrightPay
BrightPay offers a comprehensive portfolio of products and services, including BrightPay Cloud, BrightPay Desktop, and BrightPay Connect.
Cloud-based payroll software for efficient processing and collaboration.
Desktop payroll software for traditional processing and management.
Employee self-service portal for payslips and leave management.
Apps and channels of BrightPay
its YouTube channel BrightPay UK has 937 subscribers and 30 videos.
Videos from BrightPay
The most watched videos on BrightPay's YouTube channel, BrightPay UK (937 subscribers). Click a video to play it here.
More on BrightPay UK.
Funding Insights of BrightPay
BrightPay has successfully raised a total of $19.91M through 1 strategic funding round. The most recent funding activity was a Series B round of $19.91 million completed in September 2018. 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 $19.91M
- Total Rounds 1
- Last Round Series B — $19.91M
- First Round $19.91M
(Sep 2018)
- Investors Count 1
All 1 funding rounds of BrightPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $19.91M | Series B | – | Hg | – |
1 investors in total: 1 institutional.
Investors in BrightPay
BrightPay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hg.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in Europe are managed by Hg. | 1990 | hgcapital.com | London, United Kingdom |
Investor details for BrightPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Investments & Acquisitions by BrightPay
BrightPay has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BTC Software.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based practice management solutions are offered for accounting practices. | btcsoftware.co.uk | Addlestone, United Kingdom | 1999 | Oct 2022 | •••• |
Complete acquisition details for BrightPay
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of BrightPay
3 dated milestones of BrightPay across 30 years, from founding to its latest funding, stage changes and deals.
- Founded BrightPay is founded.
- Funding First funding round of $19.9M.
- Acquisition Acquires BTC Software.
Web traffic of BrightPay
The website of BrightPay (brightpay.co.uk) receives about 80.4K visits a month and ranks #569,103 among all websites worldwide, #6,718 in Financial Planning and Management.
- Monthly visits80.4K
▲ 11.5% vs previous month
- Unique visitors34.4K
per month
- Global rank#569,103
among all websites
- Category rank#6,718
Finance · Financial Planning and Management
- Bounce rate70%
- Pages per visit1.4
- Average visit23 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with BrightPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| brightsg.com | 100% | 1.1M | #47,034 | View details | |
| modulrfinance.com | 86% | 102.7K | #272,044 | View details | |
| moorepay.co.uk | 82% | #98,356 | View details | ||
taxaid.org.uk | taxaid.org.uk | 82% | #619,680 | – | |
pensionaccess.co.uk | pensionaccess.co.uk | 82% | #2,045,030 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for BrightPay
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- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Brightpay
Complete news archive for BrightPay
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Frequently Asked Questions about BrightPay
BrightPay was founded in 1992 and raised its 1st funding round 26 years after it was founded.
BrightPay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
BrightPay is a funded company, having raised a total of $19.91M across 1 funding round to date. The company's 1st funding round was a Series B of $19.91M, raised on Sep 2018.
BrightPay is known for delivering payroll software solutions, both cloud-based and desktop versions, catering to employers and accountants. The company operates in the technology sector, focusing on payroll processing and auto enrolment functionalities. Integration with accounting software like Xero and Sage is provided, alongside features like employee self-service portals and batch processing for bureaus. Secure, real-time collaboration is enabled through cloud solutions, ensuring accessibility across devices and locations.
BrightPay offers BrightPay Cloud, BrightPay Desktop, and BrightPay Connect.
BrightPay has made 1 acquisition, including BTC Software.
BrightPay has 1 investor. Key investors include Hg.
BrightPay operates through Thesaurus Software Ltd T/A Bright Software Group.