Brightpearl

Bristol, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By Sage Group
SaaS-based omnichannel retail management software is provided for retailers.
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About Brightpearl

Brightpearl is a company based in Bristol (United Kingdom) founded in 2007 was acquired by Sage Group in December 2021.. Brightpearl has raised $87.98 million across 8 funding rounds from investors including Sage Group, SVB and Quayle Munro. Brightpearl has completed 1 acquisition, including Inventory Planner. Brightpearl offers products and services including Automation Engine, Inventory Planning, and Retail Analytics. Brightpearl operates in a competitive market with competitors including RELEX, ShipBob, Scurri, Veeqo and Sorted, among others.

  • Headquarter Bristol, United Kingdom
  • Sectors
    Technology
    Transportation, Automotive & Logistics Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Brightpearl Limited
  • Date of Incorporation 29 May, 2007
  • Jurisdiction NEWCASTLE UPON TYNE, UNITED KINGDOM
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $87.98 M (USD)

    in 8 rounds

  • Latest Funding Round
    $33.48 M (USD), Series C

    Dec 22, 2020

  • Investors
    Sage Group

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Sage Group

    & 1 more

    (Dec 20, 2021)

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Products & Services of Brightpearl

Brightpearl offers a comprehensive portfolio of products and services, including Automation Engine, Inventory Planning, and Retail Analytics. 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

Automates order fulfillment and inventory for e-commerce businesses.

Provides sales forecasting to manage stock and avoid shortages.

Offers insights on KPIs to improve retail decision-making.

People of Brightpearl
Headcount 200-500
Employee Profiles 84
Board Members and Advisors 4
Employee Profiles
People
Jacqui Fernandez
Chief of Staff
People
Justin Press
SVP of Customer Success
People
Robert Cornwell
UK Sales Director
People
Alex Pack
Account Manager

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Board Members and Advisors
people
Andrew Porter
CIO
people
Chris Tottman
Director
people
Oliver Richards
Director
people
Aaron Harris
Board Member

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Funding Insights of Brightpearl

Brightpearl has successfully raised a total of $87.98M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $33.48 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.

  • Total Funding
  • Total Rounds 8
  • Last Round Series C — $33.5M
  • First Round

    (24 Jun 2010)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Series C - Brightpearl Valuation Sage Group
Jul, 2018 Amount Series C - Brightpearl Valuation Cipio Partners
Dec, 2016 Amount Series C - Brightpearl 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 Brightpearl

Brightpearl has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Sage Group, SVB and Quayle Munro. 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
Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
Founded Year Domain Location
Seed and series-A investments are made in technology companies.
Founded Year Domain Location
Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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 Brightpearl

Brightpearl has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Inventory Planner. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Inventory management software for forecasting sales and procurement is offered.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Brightpearl

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

Brightpearl Comparisons

Employees
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Competitors of Brightpearl

Brightpearl 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 RELEX, ShipBob, Scurri, Veeqo and Sorted, 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
Unified platform for retail and supply chain planning is offered.
domain founded_year HQ Location
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
domain founded_year HQ Location
Cloud-based fulfillment solutions are provided for e-retailers.
domain founded_year HQ Location
Cloud-based inventory and fulfillment solutions are provided for businesses.
domain founded_year HQ Location
E-commerce shipping operations are managed via SaaS 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 Brightpearl

Frequently Asked Questions about Brightpearl

When was Brightpearl founded?

Brightpearl was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Brightpearl located?

Brightpearl is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.

Is Brightpearl a funded company?

Brightpearl is a funded company, having raised a total of $87.98M across 8 funding rounds to date. The company's 1st funding round was a Series C of $4M, raised on Jun 24, 2010.

What does Brightpearl do?

Brightpearl was founded in 2007 in Bristol, United Kingdom, within the SaaS sector focused on retail operations. Back-office automation is enabled through tools for order management, inventory control, financials, POS systems, CRM, and real-time accounting, serving omnichannel brands, retailers, and wholesalers. Integrations with platforms such as Amazon, eBay, BigCommerce, and Spotify are facilitated, alongside services for shipping, fulfillment, payments, and warehouse management.

Who are the top competitors of Brightpearl?

Brightpearl's top competitors include RELEX, ShipBob and Sorted.

What products or services does Brightpearl offer?

Brightpearl offers Automation Engine, Inventory Planning, and Retail Analytics.

How many acquisitions has Brightpearl made?

Brightpearl has made 1 acquisition, including Inventory Planner.

Who are Brightpearl's investors?

Brightpearl has 10 investors. Key investors include Sage Group, SVB, Quayle Munro, Cipio Partners, and Notion Capital.

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