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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.
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
4.  
Varun Modi
Co-Founder & CTO

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Revenue Stream
Funding

Total Funding

$31.0M

Investors
:
1.  
Naveen Tewari
2.  
Kunal shah
Detail Round Breakdown
Round 1

$31M

Series Name
:
SERIES-A
Date
:
16th Sep 2021