When was Brightflag founded?

Brightflag was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Brightflag located?

Brightflag is headquartered in Dublin, Ireland.

Who is the current CEO of Brightflag?

Ian Nolan of Brightflag. They are also angel investors in 4 startups, including Txeya.

How many employees does Brightflag have?

As of Aug 31, 2026, the latest employee count at Brightflag is 196.

Is Brightflag a funded company?

Brightflag is a funded company, having raised a total of $40M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 2014.

How much is Brightflag worth?

The last known valuation of Brightflag was $***** as of May 29, 2025.

When was the latest funding round of Brightflag?

Brightflag's latest funding was a $***** Series B round on Dec 09, 2020, with participation from 4 investors. Its primary sector is Finance & Accounting Tech. In Ireland, the Finance & Accounting Tech sector has seen $32.6M in funding in 2026 to date.

Where does Brightflag rank among its competitors?

Brightflag ranks 8th amongst 104 active competitors, of which 21 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Nitra, which secured $50M in Mar, 2026.

Who are the top competitors of Brightflag?

Brightflag's top competitors include Conta Simples, Green Cabbage and MediSpend. Among them, Nitra secured the most recent funding round in March, 2026.

Brightflag - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Brightflag an acquired company?

Brightflag got acquired by Wolters Kluwer on May 29, 2025.

Brightflag is an acquired company based in Dublin (Ireland), founded in 2014 by Ian Nolan. It operates as an AI-based legal spend management software for corporate lawyers. Brightflag has raised $40M in funding from investors like 500 Global, Enterprise Ireland and Frontline Ventures, with last known valuation of $*****. The company has 104 active competitors, including 21 funded and 10 that have exited. Its top competitors include companies like Conta Simples, Green Cabbage and MediSpend.

Company Details

Brightflag provides AI-based legal spend management software for corporate lawyers. It features solutions for e-billing, financial reporting, budgeting & forecasting, vendor management, and more. It offers financial data analysis, financial predictions, and insights based on analytics. It also offers integration with multiple software such as Tableau, Oracle, SAP, and more.

Website: brightflag.com
Social
Email ID: *****@legalshinehq.com

Key Metrics

Founded Year

2014

Location

Dublin, Ireland

Stage

Acquired

Total Funding

$40M in 6 rounds

Latest Funding Round

Series B, Dec 09, 2020, $*****

Last Known Valuation

$***** as on May 29, 2025

Investors

500 Global & 7 more

Ranked

8^th among 104 active competitors

Employee Count

196 as on Aug 31, 2026

Investment & Acquisitions

Joinder

Similar Companies

Conta Simples & 144 more

Exit Details

Acquired by Wolters Kluwer (May 29, 2025)

View Brightflag's full profile

Brightflag is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SHINE ANALYTICS LIMITED CIN: 540261 , Ireland, Active	Feb 26, 2014	-	-	-

Brightflag got acquired by Wolters Kluwer on May 29, 2025 at an acquisition amount of $*****.

Click here to take a look at Brightflag's acquisition in detail

Brightflag has raised a total funding of $40M over 6 rounds. Its first funding round was on Nov 2014. Its latest funding round was a Series B round on Dec 09, 2020 for $*****. 4 investors participated in its latest round. Brightflag has 8 institutional investors.

Here is the list of recent funding rounds of Brightflag:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 09, 2020	8116795	Series B	4929792	1247935	8413626	8150343
Apr 05, 2019	8791963	Series A	7797815	5484882	6151242	Frontline Ventures & 2 more
Nov 30, 2017	9036236	Seed	2408217	2290163	Frontline Ventures & 1 more	5102071

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View details of Brightflag's funding rounds and investors

The founders of Brightflag is Ian Nolan.

Here are the details of Brightflag's key team members:

Ian Nolan: Co-Founder & CEO of Brightflag and founder of 2 other companies, Txeya and Brightflag. They are also an angel investor in 4 startups.

View details of Brightflag's Founder profiles and Board Members

Brightflag's employee count trend

Brightflag has 196 employees as of Aug 26. Here is Brightflag's employee count trend over the years:

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Top competitors of Brightflag include Conta Simples, Green Cabbage and MediSpend. Here is the list of Top 10 competitors of Brightflag, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Conta Simples 2018, Sao Paulo (Brazil), Series B	Digital bank for businesses	$68.2M	Valor Capital Group, JAM Fund & 17 others	65/100
2nd	Green Cabbage 2017, Cranberry Township (United States), Series B	Software-based platform offering financial analytics solutions	$60M	Sorenson Capital, University Growth Fund & 1 others	56/100
3rd	MediSpend 1999, Portsmouth (United States), Acquired	Compliance management software for spend analytics in life sciences industry	-	EDG Partners	56/100
4th	Nitra 2021, New York City (United States), Series B	Provider of a financial software for patients and healthcare professionals	$134M	AME Cloud Ventures, 8090 Partners & 35 others	53/100
5th	Jenji 2015, Paris (France), Series A	Cloud-based expense management solution	$6.59M	Idinvest Partners, Axeleo Capital & 2 others	52/100
6th	Center 2014, Bellevue (United States), Acquired	AI-based expense management software	$140M	Top Tier Capital Partners, Durable Capital Partners ... & 1 others	52/100
7th	Apperio 2012, London (United Kingdom), Acquired	Provider of software for managing external legal spend and billing	$22.3M	Molten Ventures, Notion & 52 others	51/100
8th	Brightflag 2014, Dublin (Ireland), Acquired	AI-based legal spend management software for corporate lawyers	$40M	Frontline Ventures, 500 Global & 6 others	48/100
9th	Sensibill 2012, Toronto (Canada), Acquired	Receipt management solutions for digital banking applications	$46.5M	Information Venture Partners, First Ascent Ventures ... & 14 others	46/100
10th	SpendHQ 2008, Atlanta (United States), Funding Raised	Provider of spend analytics and procurement solutions for enterprise transformation	-	Pamlico Capital	46/100