About Brightpick
Brightpick is a company based in Erlanger (United States) founded in 2020.. Brightpick has raised $12 million across 2 funding rounds from investors including Pavel Baudis, Eduard Kucera and EBRD VCIP. Brightpick offers products and services including Autopicker and Giraffe. Brightpick operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, among others.
- Headquarter Erlanger, United States
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Sectors
Aerospace, Defense & MaritimeTransportation, Automotive & Logistics Retail Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Brightpick Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
EBRD VCIP
& 3 more
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Employee Count
Employee Count
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Products & Services of Brightpick
Brightpick offers a comprehensive portfolio of products and services, including Autopicker and Giraffe. 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.
Mobile robot for picking and consolidating orders in warehouses.
Robot that triples storage density for warehouse optimization.
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Funding Insights of Brightpick
Brightpick has successfully raised a total of $12M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(12 Nov 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Brightpick | Valuation |
investors |
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| Nov, 2024 | Amount | Debt – Conventional - Brightpick | Valuation |
investors |
| 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 Brightpick
Brightpick has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Pavel Baudis, Eduard Kucera and EBRD VCIP. 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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Early-stage tech investments are made in Europe and Asia.
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Founded Year | Domain | Location | |
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PB
Pavel Baudis |
Co-founder of Avast, active angel investor in tech startups globally.
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Founded Year | Domain | Location |
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EK
Eduard Kucera |
Angel investor and advisor, co-founder of Samurai Incubate, focusing on startups
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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 Brightpick
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Brightpick
| 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 |
Brightpick Comparisons
Competitors of Brightpick
Brightpick 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 GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, 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 |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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| domain | founded_year | HQ Location |
Warehouse automation tools and last-mile transportation solutions are provided.
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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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Latest news on Brightpick
Frequently Asked Questions about Brightpick
When was Brightpick founded?
Brightpick was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Brightpick located?
Brightpick is headquartered in Erlanger, United States. It is registered at Erlanger, Kentucky, United States.
Who is the current CEO of Brightpick?
Jan Zizka is the current CEO of Brightpick.
Is Brightpick a funded company?
Brightpick is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Nov 12, 2024.
What does Brightpick do?
Brightpick was founded in 2020 and is headquartered in Erlanger, United States. Autonomous mobile picking robots are developed and supplied by the company for warehouse operations within the AI robotics sector. These solutions enable efficient picking and handling tasks in distribution centers. Operations focus on integrating artificial intelligence to support logistics and supply chain activities across various warehouse environments.
Who are the top competitors of Brightpick?
Brightpick's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Brightpick offer?
Brightpick offers Autopicker and Giraffe.
Who are Brightpick's investors?
Brightpick has 4 investors. Key investors include Pavel Baudis, Eduard Kucera, EBRD VCIP, and Miroslav Trnka.
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