Brightside Raises $35.1M in Series A Financing To Fuel Growth

Jun 16, 2020•about 5 years ago

Amount Raised

$35 Million

Round Type

series a

San Francisco

Description

Brightside, the leading financial care platform for employers, today announced that it raised $35.1 million in Series A funding, led by Andreessen Horowitz (a16z) with participation from existing investors Comcast Ventures and Trinity Ventures, the a16z Cultural Leadership Fund, and others. This funding will be used to bring Brightside to more employers and families at a time when they need it most, and improve its financial health offering.

Company Information

Company

Brightside

Location

San Francisco, California, United States

About

Brightside is the first employer-based financial care platform to drive meaningful ROI for employers by making paychecks go farther for the 72% of Americans who are not financially healthy.3 Since 2018, its Financial Assistants, proprietary rules engine, and innovative products have helped thousands of families save more than $1,200 each while improving emergency savings and reducing debt, resulting in improved productivity, retention, and diversity while lowering healthcare costs. Brightside is located in San Francisco, CA, Chandler, AZ, and Philadelphia, PA. For more information, please visit: https://www.gobrightside.com.

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