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Founded Year

2015

Stage

Series C - II | Alive

Total Raised

$206.11M

Last Raised

$59.45M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-123 points in the past 30 days

About Brighte

Brighte is a financial services company that offers financing solutions for solar panels, energy-efficient home products, and electrification services, serving homeowners interested in sustainable energy technologies. It was founded in 2015 and is based in Sydney, Australia.

Headquarters Location

1 Margaret Street

Sydney, New South Wales, 2000,

Australia

+61-1300-274-448

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Expert Collections containing Brighte

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Brighte is included in 3 Expert Collections, including Digital Lending.

D

Digital Lending

2,531 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

F

Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

13,559 items

Excludes US-based companies

Latest Brighte News

ARENA tips $5.4 million into community electrification trial

Oct 15, 2024

Share The Australian Renewable Energy Agency (ARENA) has announced it will provide $5.4 million (USD 3.63 million) in funding to support the electrification of 500 homes on the northern beaches of Wollongong as part of a project that will accelerate the energy transition in homes to help understand the impact on consumers and the network. The Electrify 2515 community pilot program, initiated by a group of residents in the 2515 postcode area and driven by energy finance provider Brighte, Rewiring Australia , and distribution network service provider Endeavour Energy , will test the impacts of electrification within a community and within the constraints of Endeavour’s local electricity network. The program will see residents in the 2515 postcode area – covering Austinmer, Clifton, Coledale, Scarborough, Thirroul, and Wombarra –offered financial subsidies for a range of devices to support their household electrification. This will be done by installing efficient electric appliances and other consumer energy resources (CER) including rooftop solar, heat pump space and water heaters, and home batteries. Participating households will also receive a smart energy management device to optimise energy use. Brighte founder and Chief Executive Officer (CEO) Katherine McConnell said the pilot aimed to create the electric future in a real community today. “This project will allow us to learn locally so we can scale nationally, generating critical insights for consumers, tradespeople, industry and policymakers on how to rapidly and effectively scale electrification across Australia,” she said. “We’re excited about the role we can play to demonstrate the power of homes brought to their full potential, lighting a pathway for every Australian community to electrify more easily and fast-forward to a smart, electric future.” ARENA CEO Darren Miller said insights gained from the project will be crucial in shaping policies and practices for a smart and efficient energy system nationwide. “Flexible demand at a residential level is expected to be critical as homes electrify,” he said. “By undertaking electrification in a managed way, we can reduce the need to upgrade our electricity network and reduce costs for all electricity consumers.” This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com . Popular content Δ By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so. You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled. Further information on data privacy can be found in our Data Protection Policy . Newsletter

Brighte Frequently Asked Questions (FAQ)

  • When was Brighte founded?

    Brighte was founded in 2015.

  • Where is Brighte's headquarters?

    Brighte's headquarters is located at 1 Margaret Street, Sydney.

  • What is Brighte's latest funding round?

    Brighte's latest funding round is Series C - II.

  • How much did Brighte raise?

    Brighte raised a total of $206.11M.

  • Who are the investors of Brighte?

    Investors of Brighte include Grok Ventures, AirTree Ventures, Skip Capital, Qualgro, National Australia Bank and 6 more.

  • Who are Brighte's competitors?

    Competitors of Brighte include Kissht, Prodigy Finance, Tala, Fair, Upgrade and 7 more.

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Compare Brighte to Competitors

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Tala

Tala serves as a financial platform focused on providing digital financial services across multiple sectors. The company offers instant access to credit, payments, savings, and transfer services through its app, utilizing AI for personalized financial solutions. Tala primarily serves individuals who seek to manage their finances with innovative technology. Tala was formerly known as InVenture. It was founded in 2011 and is based in Santa Monica, California.

Branch International Logo
Branch International

Branch International is a fintech company that provides digital banking services. The company offers financial products including loans, money transfers, bill payments, investments, and savings, accessible through a smartphone app. Branch serves individuals in emerging markets. It was founded in 2015 and is based in San Francisco, California.

Prodigy Finance Logo
Prodigy Finance

Prodigy Finance specializes in education loans for international students pursuing master's degrees. The company offers collateral-free loans to cover tuition and living expenses, aimed at students who wish to study abroad without the need for a co-signer or collateral. Prodigy Finance primarily serves the higher education sector, facilitating access to top-tier educational institutions globally. It was founded in 2007 and is based in London, United Kingdom.

Upgrade Logo
Upgrade

Upgrade is a financial technology company that operates in the consumer credit sector. The company offers services such as personal loans, credit lines, rewards checking, and savings accounts, all aimed at helping customers access and manage credit. Its primary market includes families across America. It was founded in 2016 and is based in San Francisco, California.

Kissht Logo
Kissht

Kissht is a financial technology platform that provides personal and business loans. The company uses a digital loan process that requires no physical documentation, allowing for the disbursement of funds to customers' bank accounts. Kissht's services are aimed at consumers looking for financial solutions. It was founded in 2015 and is based in Mumbai, India.

SoLo Funds Logo
SoLo Funds

SoLo Funds is a financial technology company specializing in community finance within the peer-to-peer lending sector. The company facilitates a platform where individuals can lend to and borrow from each other with terms they set themselves and offers a suite of banking services to support these transactions. SoLo Funds primarily serves individuals seeking alternative financial services and those from underserved communities. It was founded in 2018 and is based in Los Angeles, California.

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