# Bright Funds funding: rounds and investors

> Bright Funds has raised $2.2M across 4 rounds since 2013. Investors include Bloomberg Beta, Joseph N. Sanberg and Michael Coors. Every round with its source.

Source: https://millionrounds.com/company/bright-funds (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Bright Funds*

4 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$2.2M** raised across 4 rounds since 2013, from 4 sources

**$350K** Debt **$850K** Round **$1.0M** Seed

- **Latest round:** Venture Dec 2017
- **Biggest round:** $1.0M Seed · Nov 2014
- **Investors:** 14

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017

**$350K** Debt

**$850K** Round

**$1.0M** Seed

**?** Venture

- **First round:** Debt, $350K
- **Biggest round:** $1.0M
- **Usual gap between rounds:** 17 months

## The rounds

- **Dec 2017** Venture **Amount undisclosed** *1 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) Source recorded
- **Nov 2014** Seed **$1.0M** *6 new* [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Aspiration Growth](https://millionrounds.com/fund/aspiration-growth) [Frank Yeary](https://millionrounds.com/fund/frank-yeary) [Michael Tedesco](https://millionrounds.com/fund/michael-tedesco) Godfrey R. Sullivan Wellspring Growth Partners From a historical funding record
- **Jul 2014** Round **$850K** *2 new* *2 returning* [Joseph N. Sanberg](https://millionrounds.com/fund/joseph-n-sanberg) [Michael Coors](https://millionrounds.com/fund/michael-coors) Andy Chou Cheng-Ling Chen From a historical funding record
- **Feb 2013** Debt **$350K** *5 new* [Joseph N. Sanberg](https://millionrounds.com/fund/joseph-n-sanberg) [Hattery](https://millionrounds.com/fund/hattery) [Michael Coors](https://millionrounds.com/fund/michael-coors) Leila Chirayath Janah TechFellow Fund Reported by pevc.dowjones.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2013 **Round** 2014 **Seed** 2014 **Venture** 2017 [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Joseph N. Sanberg](https://millionrounds.com/fund/joseph-n-sanberg) [Michael Coors](https://millionrounds.com/fund/michael-coors) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Aspiration Growth](https://millionrounds.com/fund/aspiration-growth) [Frank Yeary](https://millionrounds.com/fund/frank-yeary) [Hattery](https://millionrounds.com/fund/hattery) [Michael Tedesco](https://millionrounds.com/fund/michael-tedesco) Andy Chou Cheng-Ling Chen

## Everyone who backed them

[Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) VC firm **2** rounds

[Joseph N. Sanberg](https://millionrounds.com/fund/joseph-n-sanberg) VC firm **2** rounds

[Michael Coors](https://millionrounds.com/fund/michael-coors) Angel **2** rounds

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[Aspiration Growth](https://millionrounds.com/fund/aspiration-growth) VC firm **1** round

[Frank Yeary](https://millionrounds.com/fund/frank-yeary) Angel **1** round

[Hattery](https://millionrounds.com/fund/hattery) Incubator **1** round

[Michael Tedesco](https://millionrounds.com/fund/michael-tedesco) Angel **1** round

Andy Chou no record of our own yet **1** round

Cheng-Ling Chen no record of our own yet **1** round

Godfrey R. Sullivan no record of our own yet **1** round

Leila Chirayath Janah no record of our own yet **1** round

TechFellow Fund no record of our own yet **1** round

Wellspring Growth Partners no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bright-funds).

## Also claim to have backed them

These 3 firms list Bright Funds as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Mission and Market](https://millionrounds.com/fund/mission-and-market) VC firm Per its own site

[Thirdstream Partners](https://millionrounds.com/fund/thirdstream-partners) VC firm Per its own site

[Beacon Global](https://millionrounds.com/fund/beacon-global) VC firm Per its own site

## Quick answers about Bright Funds

### Who invested in Bright Funds?

Bright Funds's investors include Bloomberg Beta, Joseph N. Sanberg, Michael Coors, Lightspeed Venture Partners and Aspiration Growth, and 9 more on record.

### How much has Bright Funds raised?

Bright Funds has raised $2.2M across 4 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did Bright Funds last raise?

Bright Funds's most recent round was a Venture in Dec 2017.

### What was Bright Funds's biggest round?

Bright Funds's largest round on record is $1.0M (Seed), in Nov 2014.

### Who backed Bright Funds first?

Bright Funds's first round on record, in Feb 2013, was backed by Joseph N. Sanberg, Hattery and Michael Coors and 2 others.

### What stage is Bright Funds at?

Bright Funds's latest named round is a Venture, in Dec 2017.

### Where is Bright Funds based?

Bright Funds is based in the United States.

## Companies like Bright Funds

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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