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Brightside Accelerates Plans To Help Employers Provide Financial Care To Employees With $33M In Series B Funding

PRIVATENov 10, 2022

Round Type

Series B

ChandlerFinancial ServicesEmployee Benefits

Description

Brightside, the leading financial care platform for employers, today announced it has raised $33 million in Series B funding. The round was led by Obvious Ventures, with participation from existing investors Andreessen Horowitz (a16z) and Trinity Ventures, as well as Clocktower Technology Ventures and Chestnut Street Ventures. Bringing the company's total funding to over $75 million, this investment will support Brightside's continued rapid growth and platform enhancements, including additional AI-driven capabilities to further elevate its best-in-class product experience.

Quick answer

Brightside raised an undisclosed amount in a Series B round, dated November 10, 2022. Brightside is based in Chandler, Arizona, United States.

How much did Brightside raise?
Brightside raised an undisclosed amount in a Series B round on November 10, 2022.
What does Brightside do?
Brightside created Financial Care, a new category in employee benefits.
Where is Brightside based and how big is it?
Brightside is based in Chandler, Arizona, United States.
Who are the decision-makers at Brightside?
Fundz holds 1 contact at Brightside. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Employee Benefits around the same time

Companies in the same sectors as Brightside that raised within 45 days of this round, from Fundz verified event records.

  • Insurance Australia Group raised $54M (Funding Round) on December 15, 2022.
  • Nymbus raised $13K (Series C) on October 11, 2022.
  • Guiide raised $234K (Pre-Seed) on September 30, 2022.
  • Eurazeo raised an undisclosed amount on December 23, 2022.
  • Recognise Bank raised $30M (Funding Round) on December 23, 2022.
  • Human Interest raised $62M on December 23, 2022.

Who to call at Brightside, and when

A new round usually means Brightside is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Brightside raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Brightside, from your own LinkedIn network

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Company Information

Company

Brightside

Location

Chandler, Arizona, United States

About

Brightside created Financial Care, a new category in employee benefits. We’re on a mission to improve the financial health of the 7 in 10 working families living paycheck to paycheck. How? By partnering with progressive employers who understand financial wellness is a critical pillar to the wellbeing of their employees - and their organization. We then combine behavioral science, technology, and expertise to meet employees where they are, in the moments that matter most, and support them in establishing financial comfort. Our (human) Financial Assistants get to know every person they serve, listening without judgment to help them understand and overcome their unique needs and barriers to financial health. All to ultimately stretch the paycheck, minimize stress, and maximize hope. That - is our difference - providing Financial Care that leads to financial wellbeing.

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Fundz sees it the moment Brightside raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.