- Raised $550k Seed round led by ESIL, Jul 2021
- Raised $500k Pre-Seed round, Dec 2019
- Raised $478k funding round, Oct 2018
About
Brightmerge is a SaaS-based company that offers an economic optimization modeling tool for energy developers, financiers, and manufacturers. Its software platform helps users optimize the financial, sustainability, and reliability performance of electric vehicle charging hubs using advanced renewable energy microgrid systems. With the help of machine learning, the platform automates tasks such as system right sizing, system placement, component selection, dispatch models, and future system performance prediction. Brightmerge's data platform includes metrics like cash flow, IRR, NPV, LCOE, CO2 emissions, and reliability/availability ratings. The Brightmerge solution can reduce project time and cost by up to 10 times and make projects bankable that might not otherwise get built.
Funding history · 4 rounds · $3.5M total
Q&A
- What is Brightmerge's primary business?
- Brightmerge is a SaaS-based company that provides an economic optimization modeling tool for energy developers, financiers, and manufacturers. Its platform optimizes the financial, sustainability, and reliability performance of electric vehicle charging hubs using advanced renewable energy microgrid systems.
- When was Brightmerge founded?
- Brightmerge was founded in September 2018.
- How many employees does Brightmerge currently have?
- Brightmerge has 1-10 employees.
- What was Brightmerge's most recent funding round?
- Brightmerge raised a Seed round in February 2023, with Mayer Group as a lead investor.
- What is the total amount of funding Brightmerge has raised to date?
- Brightmerge has raised a total of $3,528,000 USD.
- Which sectors does Brightmerge operate in?
- Brightmerge operates in Automotive & Mobility Technologies, Climate Tech, Eco-Efficient Transportation & Logistics, Energy Transition, and Energy Tech, among others.
- Who are the founders of Brightmerge?
- The co-founders of Brightmerge are Aviram Hadash and Daniel Schwab.
- What technologies does Brightmerge utilize in its platform?
- Brightmerge utilizes Artificial Intelligence and Machine Learning in its platform.
Team · 16
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | brightmerge.com |
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| linkedin.com/company/18372395 | |
| facebook.com/people/Brightmerge/100062920766485 |
Identifiers & details
| Founded | 2018-9 |
|---|---|
| Employees (exact) | 9 |
Radar intelligence
Patents
| EPO | 1 |
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Web history (Wayback)
| Domain | brightmerge.com |
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