BrightScope
Latest round
- Series B
Last raised
- Sep 2009
Total raised
- $2M
Investors
- 1
About BrightScope
BrightScope, Inc.Founded in 2007 in San Diego, US, BrightScope, Inc. focuses on delivering data management and analytics solutions for the financial services industry. The company was acquired by Strategic Insight, a portfolio company of Genstar Capital Partners, in November 2016 for an undisclosed amount.00 mn.BrightScope offers a comprehensive suite of data management and analytics solutions tailored for the financial services industry, focusing on enhancing sales and distribution efforts across various channels, including Defined Contribution Investment Only (DCIO), Retail, and Registered Investment Advisors (RIA). Their core product offerings include market intelligence, sales reporting, business intelligence (BI), and data integration tools designed to help asset managers make data-driven decisions. By consolidating data from internal sources and third-party sales files, BrightScope enables clients to understand asset utilization, market share, and sales trends, ultimately aiming to improve advisor-to-plan connections. The primary end users of these products are asset managers and sales teams who require actionable insights to navigate competitive landscapes and optimize sales strategies.S.BrightScope generates revenue through a subscription-based model for its suite of data analytics and management tools. Clients, primarily asset managers and financial advisors, pay for access to comprehensive market intelligence and sales reporting services that provide insights into advisor behavior and market trends. Partnerships established with various financial institutions further enhance their service offerings, allowing for tailored solutions that meet specific client needs. By integrating various data sources into a unified platform, BrightScope facilitates efficient decision-making processes, positioning itself as a vital resource for clients aiming to increase operational efficiency and drive revenue growth.As part of its growth strategy, BrightScope aims to expand its product offerings by introducing innovative analytics tools targeted for launch in late 2023. Furthermore, the company is considering geographical expansion into Europe and Asia by 2024, aiming to capture emerging markets.00 mn will be instrumental in supporting these initiatives, enhancing product development, and facilitating market entry efforts.
Who invested in BrightScope
1 investor across 1 round
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Funding rounds
Series B
Sep 2, 2009
Amount
$2M
Investors
Questions about BrightScope
Who invested in BrightScope?
BrightScope has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BrightScope raised?
BrightScope has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did BrightScope last raise money?
BrightScope's most recent round on record is a Series B, in Sep 2009.
What does BrightScope do?
BrightScope is a software company.
Where is BrightScope headquartered?
BrightScope is headquartered in San Diego, US.
Which VCs invest in companies like BrightScope?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at BrightScope's stage. Their profiles are linked below.
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