Brightside Benefit

SoftwareSeries BScottsdale, USgobrightside.com

Latest round

Series B

Last raised

Nov 2022

Total raised

$72M

Investors

6

About Brightside Benefit

Brightside Benefit, Inc.Brightside Benefit, Inc. is a financial wellness company founded in 2017 in Scottsdale, Arizona, US. The company was established by Callum King, Georgina Noakes, Jacky Chiu, and Tom Spann, who serves as CEO.Brightside Financial Care offers a comprehensive suite of financial wellness solutions designed to assist employees in effectively managing their financial lives. Their core services include personalized financial assistance, debt management strategies, credit score improvement, and savings solutions. Employees can access emergency financial support for urgent needs such as eviction prevention, food insecurity, and unexpected medical expenses, with a particular focus on maintaining confidentiality and judgment-free engagement.Brightside generates revenue through partnerships with employers who offer its financial care services as an employee benefit. The company structures its transactions based on B2B relationships, wherein employers pay for the services provided to their employees, creating a seamless integration into existing employee benefits. Brightside’s offerings are provided at no direct cost to employees, emphasizing accessibility for users regardless of their financial situations. This approach facilitates a strong value proposition for employers seeking to enhance employee satisfaction and retention.In November 2022, Brightside Benefit, Inc. As part of its growth strategy, Brightside aims to introduce upcoming products that are currently in development, though specific release dates have not been disclosed. The company is also looking to expand into new markets, focusing on broader geographic regions to increase its operational footprint.

Who invested in Brightside Benefit

6 investors across 3 rounds

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Funding rounds

  1. Series B

    Nov 10, 2022

    Amount

    $33M

    Investors

    Locked

  2. Series A

    Jun 16, 2020

    Amount

    $35M

    Investors

    Locked

  3. Seed

    May 7, 2018

    Amount

    $4M

    Investors

    Locked

Questions about Brightside Benefit

Who invested in Brightside Benefit?

Brightside Benefit has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Brightside Benefit raised?

Brightside Benefit has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Brightside Benefit last raise money?

Brightside Benefit's most recent round on record is a Series B, in Nov 2022.

What does Brightside Benefit do?

Brightside Benefit is a software company.

Where is Brightside Benefit headquartered?

Brightside Benefit is headquartered in Scottsdale, US.

Which VCs invest in companies like Brightside Benefit?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Brightside Benefit's stage. Their profiles are linked below.

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