# BrightHire

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brighthire

- Industry: Software
- Headquarters: New York, US
- Website: www.brighthire.ai
- Total disclosed funding: $36M
- Latest round: Series B (Oct 7, 2021)
- Investors on record: 8

## About

BrightHire Inc. specializes in enhancing the hiring process through its Interview Intelligence Platform, which utilizes AI to streamline interviews and improve decision-making for organizations.Founded in 2019 in New York, US, BrightHire Inc. provides an innovative platform focused on transforming interview processes. The company has closed four investment deals, with the most recent being a Series B funding round on October 7, 2021, where it raised USD 20.5 mn led by 01 Advisors, along with participation from other investors such as Haystack Fund and Zoom Apps Fund. The co-founders, Benjamin Sesser and Theodore Chestnut, have backgrounds that reflect their commitment to enhancing recruitment efficiency.BrightHire offers an Interview Intelligence Platform designed to enhance the hiring process for organizations. The platform includes functionalities such as structured interview plans, automated note-taking, and AI-driven insights, which address challenges in recruitment like unstructured interviews and biases. Used primarily by talent acquisition teams, BrightHire's platform is geared toward improving candidate experiences and data-driven hiring decisions. Its clients include companies across various sectors, with notable users like Vercel, Chaingaurd, Array, and Angi in North America and Europe.BrightHire operates on a subscription-based revenue model, offering tiered pricing plans that cater to varying organizational needs. Clients pay for access to the platform, engaging in annual subscriptions that may include onboarding support and ongoing training. The company’s offerings, including AI Interview Notes and Interview Insights, underscore its B2B relationship structure aimed at enterprise-grade hiring solutions.Following its Series B funding of USD 20.5 mn in October 2021, BrightHire Inc. plans to accelerate its roadmap and expand its market presence. The company will utilize the recent funding to develop new products and enhance existing features, while also targeting new geographic regions. Specific timelines for product launches and market expansions have yet to be disclosed.

## Funding rounds

- Series B, Oct 7, 2021, $21M — Index Ventures, Haystack, Ground Up Ventures, 01A, Analog Ventures, Zoom Apps Fund
- Series A, May 26, 2021, $13M — Index Ventures, Flybridge Capital Partners, Ground Up Ventures, Next Play Ventures
- Seed, Dec 11, 2020 — Index Ventures, Analog Ventures
- Seed, Sep 15, 2020, $3M — Flybridge Capital Partners

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed, Series A
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A, Series B
- Analog Ventures (https://capitalatlas.ai/funds/analog-ventures) — Seed, Series B
- Ground Up Ventures — Series A, Series B
- Next Play Ventures (https://capitalatlas.ai/funds/next-play-ventures) — Series A
- Haystack (https://capitalatlas.ai/funds/haystack) — Series B
- 01A (https://capitalatlas.ai/funds/01a) — Series B
- Zoom Apps Fund (https://capitalatlas.ai/funds/zoom-apps-fund) — Series B