Bright Funds - About the company
Bright Funds is a seed company based in San Francisco (United States), founded in 2012. It operates as a Cloud-based crowdfunding platform for employee contribution. Bright Funds has raised $2.1M in funding from AGO Partners. The company has 63 active competitors, including 16 funded and 8 that have exited. Its top competitors include companies like Benevity, Goodera and Goodstack.
Company Details
Cloud-based crowdfunding platform for employee contribution. It offers tools for managing volunteers, grants & donations. It allows enterprises to promote their employee's donations to the causes, match those donations, organize volunteering events and track volunteers and keep track of the company's social givings along with payroll integration.
- Website
- hello.brightfunds.org/
- Email ID
- *****@brightfunds.org
- Registered Address
- Oakland, California
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Seed
Total Funding
$2.1M in 2 rounds
Latest Funding Round
Investors
Ranked
11th among 63 active competitors
Employee Count
8 as on Jul 31, 2026
Legal entities associated with Bright Funds
Bright Funds is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BRIGHT FUNDS CIN: 454503414 , United States, Active | Dec 26, 999 | - | 16 (As on Dec 31, 2021) | - |
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Bright Funds's funding and investors
Bright Funds has raised a total funding of $2.1M over 2 rounds. Its first funding round was on Feb 11, 2013. Its latest funding round was a Seed round on Jun 10, 2015 for $*****. 5 investors participated in its latest round. Bright Funds has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Bright Funds:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 10, 2015 | 5180628 | Seed | 7625729 | 1775503 | 6331151 | 2494405 |
Feb 11, 2013 | 3151425 | Seed | 7334143 | 3396823 | 6104192 | 7621466 |
View details of Bright Funds's funding rounds and investors
Bright Funds' founders and board of directors
Founder? Claim ProfileBright Funds' employee count trend
Bright Funds has 8 employees as of Jul 26. Here is Bright Funds's employee count trend over the years:
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Bright Funds's Competitors and alternates
Top competitors of Bright Funds include Benevity, Goodera and Goodstack. Here is the list of Top 10 competitors of Bright Funds, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an enterprise impact platform for corporate social responsibility programs | $69.3M | 71/100 | ||
2nd | Goodera 2014, San Mateo (United States), Acquired | Provider of scalable corporate volunteering programs | $29M | 60/100 | |
3rd | Goodstack 2017, London (United Kingdom), Series A | Provider of software tools for managing nonprofit impact program workflows | $28M | 57/100 | |
4th | FrontStream 2007, Reston (United States), Acquired | Multi-national provider of back-end merchant and donation management solution | $26M | 52/100 | |
5th | Givinga 2015, Boston (United States), Series C | Cloud-based employee engagement platform for employee giving | $19.2M | - | 51/100 |
6th | Your Cause 2008, Plano (United States), Acquired | Corporate community involvement program management systems | $4M | 47/100 | |
7th | Submittable 2010, Missoula (United States), Series C | Cloud-based submissions manager | $74.6M | 46/100 | |
8th | Groundswell 2021, Los Angeles (United States), Seed | Provider of software for corporate giving volunteering and grant management | $15M | 46/100 | |
9th | Givhero 2016, Gaithersburg (United States), Seed | Digital platform to enhance workplace wellness and support social causes | $350K | 41/100 | |
10th | Good Done Great 2008, Charleston (United States), Acquired | Coporate philanthropy suite with volunteer management | $1.46M | 39/100 | |
11th | Bright Funds 2012, San Francisco (United States), Seed | Cloud-based crowdfunding platform for employee contribution | $2.1M | 37/100 |
Looking for more details on Bright Funds's competitors? Click here to see the top ones
Bright Funds's Investments and acquisitions
Bright Funds has made no investments or acquisitions yet.
Reports related to Bright Funds
Here is the latest report on Bright Funds's sector:
News related to Bright Funds
•
WizeHive Combines Forces with Bright Funds to Create Comprehensive Corporate Giving SolutionYahoo•Nov 17, 2021•WizeHive, Bright Funds
•
Bright Funds Launches United Nations Sustainable Development Goals (UN SDGs) Themed Foundation Funds3BL CSRwire•Apr 30, 2021•Bright Funds
•
Bright Funds Launches a New Nonprofit Portal – Bright Network; Announces Partnership With Charity KarmaBright Funds•Aug 28, 2020•Bright Funds, Charity Karma
•
Bright Funds Positioned for Growth With Key Promotions and New HireBright Funds•Jun 17, 2020•Bright Funds
•
Bright Funds Announces Doubled Donation Volume Resulting From Generous Employer and Donor Response to COVID-19 Crisis3BL CSRwire•Mar 04, 2020•Bright Funds
•
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VolunteerMatch and Bright Funds Partner to Help Corporate Employees Find their Perfect Cause3BL Media•Aug 24, 2016•Youth Under Construction Inc, Bright Funds
•
Bright Funds Appoints Gwyneth J. Gaul Vice President of Corporate Partnerships3BL CSRwire•Aug 18, 2015•Bright Funds
•
Bright Funds attracts $1.75 mln - PE HubPE Hub•Jun 10, 2015•Bright Funds, Bloomberg Beta, Mission and Market, AGO Partners
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