
Bright Software
Developer of an online platform used to provide an immersive learning experience to employees.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | $2.7m | Seed | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 50 % | 233 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Bright is a forward-thinking startup revolutionizing workforce development through immersive learning and simulation-based training. The company targets businesses looking to cut training costs by up to 50% while accelerating employee ramp-up times and proving the return on investment (ROI) of their training programs. Bright operates in the corporate training and development market, serving a diverse range of clients from various industries who seek to modernize their training methods.
The core of Bright's business model is its innovative platform that offers life-like, scenario-based experiences. Employees can practice their skills by interacting with simulated customers or patients, rather than real ones, which helps them work out any issues in a risk-free environment. This platform includes a software training environment builder tool, allowing clients to create a sandbox of any software system without needing IT support.
Bright generates revenue through subscription fees for its platform, consulting services, and specialized training programs. The company employs experienced conversation and software simulation designers worldwide, providing native language support for global customers. This international reach enables Bright to cater to the specific needs of businesses across different regions.
Additionally, Bright uses its own platform to train its customers not only on its technology but also on broader topics that are shaping the future of the learning and development (L&D) profession. This includes rapid design of conversation simulations, training AI using existing call and chat history records, and conducting A/B tests to measure the impact of simulations on business performance. The company also offers guidance on creating scalable training programs, reducing costs, and improving employee performance.
In summary, Bright is a leader in the immersive learning movement, helping businesses modernize their training processes with innovative, cost-effective solutions that drive measurable results.
Keywords: immersive learning, simulation training, workforce development, AI coaching, scenario-based training, software sandbox, global support, training ROI, scalable programs, L&D innovation.