Bright - About the company
Bright is an acquired company based in Stockholm (Sweden), founded in 2012 by David Forsberg. It operates as an Offering electricity billing application. Bright has raised an undisclosed amount in funding from Zenith Group. The company has 2173 active competitors, including 73 funded and 555 that have exited. Its top competitors include companies like NTPC, Saudi Electricity and Iberdrola.
Company Details
Bright provides an electricity billing application. It helps households and companies to pay electricity bill via the application and reduce electricity costs, receive real-time updates on prices and a price forecast for the next 24 hours. It offers solutions for automatic heat controlling, charging of electric car and reduce electricity cost. It is available on Apple App Store and Google Play Store.
- Website
- getbright.se
- Social
- Email ID
- *****@getbright.se
Key Metrics
Founded Year
2012
Location
Stockholm, Sweden
Stage
Acquired
Latest Funding Round
Investors
Ranked
312th among 2173 active competitors
Employee Count
26 as on Sep 30, 2026
Exit Details
Acquired
Bright's acquisition details
Bright got acquired on Jan 12, 2026.
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Bright's funding and investors
Bright has raised funding over 1 round. Its latest funding round was a Seed round on Apr 20, 2016 for $*****. 1 investor participated in its latest round. Bright has 2 institutional investors.
Here is the list of recent funding rounds of Bright:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 20, 2016 | 7285720 | Seed | 2280662 | 3174234 | 1154067 | 1993813 |
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Bright's founders and board of directors
Founder? Claim ProfileThe founders of Bright is David Forsberg. David Forsberg is the CEO of Bright.
Here are the details of Bright's key team members:
- David Forsberg: Co-Founder & CEO of Bright.
View details of Bright's Founder profiles and Board Members
Bright's employee count trend
Bright has 26 employees as of Sep 26. Here is Bright's employee count trend over the years:
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Bright's Competitors and alternates
Top competitors of Bright include NTPC, Saudi Electricity and Iberdrola. Here is the list of Top 10 competitors of Bright, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Government entity engaged in the generation of electricity and allied activities | - | 73/100 | ||
2nd | Saudi Electricity 2000, Riyadh (Saudi Arabia), Public | Electric power generator and distributor | - | 73/100 | |
3rd | Provider of integrated solutions and services for energy generation and sustainable development. | - | 73/100 | ||
4th | Power generation, transmission, and distribution company | - | - | 71/100 | |
5th |  Vattenfall 1909, Stockholm (Sweden), Funding Raised | Producer of heat and power generating services | - | 71/100 | |
6th | Provider of renewable energy generation and electricity distribution utility services | - | 71/100 | ||
7th | Operator of electricity utilites | - | 70/100 | ||
8th |  Origin Energy 2000, Sydney (Australia), Public | Energy corporation | - | 69/100 | |
9th | FirstEnergy Corp 1997, Akron (United States), Public | Provider of electricity production and distribution services | - | 69/100 | |
10th | Portland General Electric 1888, Portland (United States), Public | Provider of electricity and related services to customers | - | 68/100 | |
312th | Offering electricity billing application | - | 35/100 |
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Bright's Investments and acquisitions
Bright has made no investments or acquisitions yet.
Reports related to Bright
Here is the latest report on Bright's sector:
News related to Bright
Media has covered Bright for 1 event in last 1 year.
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FAQs about Bright
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