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BrightAI has raised $51 million in a Series A funding round co-led by Khosla Ventures and Inspired Capital to expand operations and scale its team.

PRIVATESep 01, 20267 days ago

Amount Raised

$51 Million

Round Type

Series A

San FranciscoInformation Technology

Investors

Cooley LlpRsquared VcVsc VenturesMarlinspikeBox GroupInspired CapitalKhosla Ventures

Description

BrightAI, based in San Francisco, focuses on bringing artificial intelligence to physical infrastructure. The company plans to use the new capital to expand into new industries and bring on new customers. This funding round brings BrightAI's total funding to $78 million. Founded in 2019, BrightAI provides a platform that unlocks data from the physical world to improve infrastructure.

Company Information

Company

BrightAI

Location

2021 FILLMORE STREET PMB 2005

San Francisco, California, United States

About

BrightAI is a hyper-growth Infrastructure AIoT copilot platform company with a mission to revitalize and automate western infrastructure. Our commitment lies in empowering major infrastructure services companies through cutting-edge solutions encompassing autonomous monitoring, inspection, and close-loop control. These transformative tools are designed for universal retrofitting to legacy infrastructure, seamlessly augmented with frontline AI copilot capabilities. By leveraging BrightAI, our customers seamlessly deploy cost-effective AI endpoints numbering in the hundreds of thousands. We pride ourselves on being the trusted force behind our customers' frontline services, fostering proactivity, and driving down costs.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

BrightAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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