Bright Money

Bright - Reduce debt. Build credit history.

San Francisco, United States · Founded 2019 · $93.0M raised

Headquarters
San Francisco
Employees
51–200
Founded
2019
Business Model
B2C
Total Funding
$93.0M
Last Round
$62.0M Series BSep 2023
Rounds
2

About

Bright Money is an AI-driven fintech company founded in 2019 by Avi Patchava and Petko Plachkov to help middle-income Americans reduce debt and build credit. Headquartered in San Francisco with an engineering office in Bengaluru, India, Bright pairs behavioral AI with tailored credit-building products, including secured credit lines and personal-loan matching, to give financially underserved consumers a path to healthier credit. The company has raised more than $90M in equity and debt financing to scale its debt-reduction platform.

Summary

Bright Money is an Artificial Intelligence company based in San Francisco, United States, founded in 2019. It has raised $93.0M in total across 2 rounds, most recently a $62.0M Series B round in Sep 2023. Investors include Alpha Wave Ventures, Sequoia Capital and Hummingbird Ventures.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Series BSeries BSep 2023
$62.0M

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Investors

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