# Brightwave

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

- Industry: Software
- Headquarters: Boulder, US
- Website: www.brightwave.io
- Total disclosed funding: $21M
- Latest round: Series A (Oct 29, 2024)
- Investors on record: 4

## About

Based in Colorado, US, and founded in 2023 by CEO Mike Conover and Brandon Kotara, Brightwave, Inc., a.k.a. Brightwave operates as a deep technology company that focuses on providing artificial intelligence (AI) that helps with financial analysis on multiple subjects. In June 2024, Brightwave, Inc. raised USD 6 million in seed funding led by Decibel, with participation from Point72 and Moonfire Ventures. In October 2024, Brightwave, Inc. raised USD 15 million in series A funding led by returning investor Decibel, with participation from new investor OMERS Ventures.


The company provides an AI research assistant that utilizes generative AI for financial analysis. Brightwave produces actionable insights on various financial subjects, helping users navigate global markets and outperform competitors. The AI research assistant analyzes hundreds of millions of data points to provide a comprehensive market overview, enhancing decision-making with analysis tailored to individuals’s portfolios.

The company plans to use its proceeds from June 2024 funding to expand operations and invest in additional data sources.

## Funding rounds

- Series A, Oct 29, 2024, $15M — OMERS Ventures, Decibel
- Seed, Jun 11, 2024, $6M — Point72 Asset Management, Decibel, Moonfire

## Investors

- Point72 Asset Management — Seed
- Decibel (https://capitalatlas.ai/funds/decibel) — Seed, Series A
- Moonfire (https://capitalatlas.ai/funds/moonfire) — Seed
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series A