Bright - About the company
Bright is an acquired company based in San Francisco (United States), founded in 2011 by Eduardo Vivas. It operates as a Candidate scoring algorithm to match jobs and jobseekers. Bright has raised $20M in funding from Trivest. The company has 58 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Clair Global, Cotton Way and Tosshead.
Company Details
Bright uses artificial intelligence to identify and establish a one-to-one signal between candidates and successful outcomes. Bright's machine-learning algorithm, the Bright Score, examines thousands of data points to find the best fit between job seekers and job openings. It also takes into account historical hiring patterns into its matching, along with account location, a user’s past experience, and synonyms. The service is free to job seekers. Bright charges companies if they want to see applicants who are qualified but have not applied for a position. Employers will be able to see if someone has viewed a position or even started an application but didn't finish it. Acquired by Linkedin in Feb 2014 for $120M.
- Website
- bright.com
- Social
- Registered Address
- 3200 STECK AVE STE 200,AUSTIN,TX,78757.0,227
Key Metrics
Founded Year
2011
Location
San Francisco, United States
Stage
Acquired
Total Funding
$20M in 3 rounds
Latest Funding Round
Ranked
1st among 58 active competitors
Employee Count
51 - 200 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by LinkedIn (Feb 06, 2014)
Legal entities associated with Bright
Bright is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BRIGHT EVENT RENTALS, LLC CIN: 32091755242 , United States, Active | Sep 14, 2023 | - | - | - |
Bright's acquisition details
Bright got acquired by LinkedIn on Feb 06, 2014 at an acquisition amount of $120M. It was facilitated by Agile Equity.
Click here to take a look at Bright's acquisition in detail
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Bright's funding and investors
Bright has raised a total funding of $20M over 3 rounds. Its first funding round was on Jun 19, 2012. Its latest funding round was a PE round on Mar 19, 2024 for $*****. 1 investor participated in its latest round. Bright has 4 institutional investors and 2 angel 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 |
|---|---|---|---|---|---|---|
Mar 19, 2024 | 7481703 | PE | 7200816 | 3872579 | 2169158 | 6967363 |
Sep 18, 2013 | 8955955 | Series B | 8430838 | 5633391 | 2243830 | |
Jun 19, 2012 | 1255421 | Series A | 5437418 | 9022438 | 9281560 |
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Bright's founders and board of directors
Founder? Claim ProfileThe founders of Bright is Eduardo Vivas.
Here are the details of Bright's key team members:
- Eduardo Vivas: Founder & Chief Product Officer of Bright and founder of 1 other company. They are also an angel investor in 5 startups.Contact Info: 1 email address
View details of Bright's Founder profiles and Board Members
Bright's employee count trend
Bright has 51 - 200 employees as of Jul 24. Here is Bright's employee count trend over the years:
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Bright's Competitors and alternates
Top competitors of Bright include Clair Global, Cotton Way and Tosshead. 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 | Bright 2011, San Francisco (United States), Acquired | Candidate scoring algorithm to match jobs and jobseekers | $20M | 59/100 | |
2nd |  Clair Global 2021, Twickenham (United Kingdom), Unfunded | Live production rental and systems integration | - | - | 48/100 |
3rd | Cotton Way 2006, Moscow (Russia), Public | Online rental platform for textile and laundry | $110M | 43/100 | |
4th | Online rental platform for event supplies | $50.5K | - | 41/100 | |
5th | GoodShuffle 2012, Washington, DC (United States), Series A | Online platform for party supplies rentals | $9.29M | 40/100 | |
6th |  GBS Linens 1984, Anaheim (United States), Unfunded | Provider of full-service specialty linen rentals, sales, laundry, and restoration | - | - | 38/100 |
7th |  Something Borrowed Blooms 2015, Lafayette (United States), Series B | Online marketplace offering customized wedding bouquet rental services | $3.82M | 33/100 | |
8th | Online B2B rental platform for multi-category products | - | 32/100 | ||
9th | Trios Rener 2016, Brasilia (Brazil), Unfunded | Platform that helps to promote business and events | - | - | 32/100 |
10th | La Tavola Fine Linen 2009, Napa (United States), Acquired | Premium table linen rentals for unforgettable events and occasions | - | 30/100 |
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Bright's Investments and acquisitions
Bright has made no investments or acquisitions yet.
News related to Bright
Media has covered Bright for 1 event in last 1 year, It was about people movement.
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Andreessen Horowitz leads Series A round for Incredible HealthPE Hub•Sep 12, 2019•Incredible Health, Andreessen Horowitz, NFX, Obvious Ventures and 10 others
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Bright Unveils A Data-Driven Approach To The Job Search, Raises $6MTechCrunch+•Jun 19, 2012•Bright, Jamie Knall, Jamie Knall
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FAQs about Bright
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