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Brightplan Closes $9.5 Million Series A Round As Growth Accelerates

Apr 01, 2021•over 4 years ago

Amount Raised

$9.5 Million

Round Type

series a

San Jose

Description

BrightPlan, a leader in Total Financial Wellness, today announced that it has closed a $9.5 million Series A funding round led by the Fremont Group and the Cynosure Group, and joined by Still Capital Partners and Hawk Partners. The investment comes on the heels of a year of strong growth for the company, which saw a nearly fivefold increase in annual recurring revenue awarded and several new enterprise customers in 2020, including Genesys and Rubrik. As part of the investment, George Still, Jr., a well-known tech investor and board member for Workday, joins the BrightPlan Group, Inc. board of directors

Company Information

Company

Bright Plan

Location

San Jose, California, United States

About

BrightPlan is a leader in Total Financial Wellness. The company is the first financial wellness solution certified for fiduciary excellence. BrightPlan provides a comprehensive personal finance solution for all employees that is real-time, personalized and integrated with employer benefits. Its unique combination of digital platform and human advisors supports employee personal financial goals at every stage of life, helping enterprises to better attract, retain and engage talent. For more, visit brightplan.com.