AI-driven financial planning that delivers real results — automatically.

Basic Information

Headquartered in San Francisco, California, Bright Money is helping America's Middle Class make better financial decisions powered by AI. They are working on their mission to help all Americans reach better financial stability, using artificial intelligence and data science. Bright acts on their customers’ side to identify the best way to manage their money, without needing to do the work. Bright was started by Avi Patchava and Petko Plachkov when they realized how expensive credit cards are for users. Their salient features: Control your money - All the hard decisions simplified to a single swipe; No more bank fees - makes it easy to control credit debt and to pay it off more quickly; Technology on your side - Bright harnesses the power of artificial intelligence to reduce interest cost, no more late fees and better control of money; The CFO in your Pocket - Manage all of credit cards in seconds without the hassle or worry and save each time you pay. See more

Legal Name

:

Bright Money Independent Pvt Ltd

Headquarters

:

San Francisco, California, United States

Business Model

:

B2C 

Founding Date

:

2019

No. of Employees

:

101 to 150

Core Team

:
1.

Petko Plachkov

Co-Founder

2.

Avi Patchava

Co-Founder

3.

Alexander Seyfert

Co-Founder

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Revenue Streams

Funding

Total Funding

$31.0M

Investors

:

1.

Kunal shah

2.

Naveen Tewari

Detail Round Breakdown

Round 1

$31M

Series Name

:

SERIES-A

Date

:

16th Sep 2021