Bright Machines Overview
- Year Founded
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2018

- Status
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Private
- Employees
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276

- Latest Deal Type
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Series C
- Latest Deal Amount
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$126M
- Investors
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14
Bright Machines General Information
Description
Developer of automation software designed to assist businesses to meet the growing demands of manufacturing. The company's software leverages artificial intelligence, machine learning, and production data to develop robots that are sensor-rich, have computer vision, and are adaptable, enabling clients to have improved yields at lower costs.
Contact Information
Website
www.brightmachines.comCorporate Office
- 939 Harrison Street
- San Francisco, CA 94107
- United States
Corporate Office
- 939 Harrison Street
- San Francisco, CA 94107
- United States
Bright Machines Timeline
Bright Machines Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Later Stage VC (Series C) | 25-Jun-2024 | $126M | Completed | Generating Revenue | ||
8. Debt - General | 19-Apr-2024 | Completed | Generating Revenue | |||
7. Early Stage VC (Series B) | 31-Oct-2022 | Completed | Generating Revenue | |||
6. PIPE | 17-May-2021 | Cancelled | Generating Revenue | |||
5. Reverse Merger | 17-May-2021 | Cancelled | Generating Revenue | |||
4. Debt - General | 08-Nov-2021 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 01-Jan-2019 | Completed | Startup | |||
2. Early Stage VC (Series A) | 23-Oct-2018 | $179M | $229M | Completed | Startup | |
1. Seed Round | 16-Mar-2018 | $50M | $50M | Completed | Startup |
Bright Machines Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series B NV | ||||||||
Series A | ||||||||
Seed 3 | ||||||||
Seed 2 | 35,574,220 | $0.000100 | 8% | $1.12 | $1.12 | 1x | $1.26 | 20.05% |
Seed 1 | 20,000,000 | $0.000100 | 8% | $0.5 | $0.5 | 1x | $0.56 | 11.27% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Bright Machines Comparisons
Industry
Financing
Details
Bright Machines Competitors (20)
One of Bright Machines’s 20 competitors is Dataiku, a Venture Capital-Backed company based in New York, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Dataiku | Venture Capital-Backed | New York, NY | ||||
DataRobot | Venture Capital-Backed | Boston, MA | ||||
Avathon | Venture Capital-Backed | Pleasanton, CA | ||||
Sight Machine | Private Equity-Backed | San Francisco, CA | ||||
CognitiveScale | Formerly VC-backed | Austin, TX |
Bright Machines Patents
Bright Machines Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240353816-A1 | Vision-based programless assembly | Pending | 21-Apr-2023 | ||
US-20240260246-A1 | Robotic disassembly system | Pending | 27-Jan-2023 | ||
US-20230015238-A1 | Method and apparatus for vision-based tool localization | Pending | 16-Jul-2021 | ||
CA-3226486-A1 | Method and apparatus for vision-based tool localization | Pending | 16-Jul-2021 | ||
EP-4371072-A1 | Method and apparatus for vision-based tool localization | Pending | 16-Jul-2021 | B25J9/1697 |
Bright Machines Signals
Bright Machines Investors (14)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
BlackRock | Asset Manager | Minority | ||
Jabil | Corporation | Minority | ||
Microsoft | Corporation | Minority | ||
Nvidia | Corporation | Minority | ||
Reference Capital | Venture Capital | Minority |
Bright Machines Acquisitions (1)
Bright Machines’s most recent deal was a Merger/Acquisition with FlexTronics International USA (Automation Design Business). The deal was made on 02-May-2018.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
FlexTronics International USA (Automation Design Business) | 02-May-2018 | Merger/Acquisition | Automotive |
Bright Machines FAQs
-
When was Bright Machines founded?
Bright Machines was founded in 2018.
-
Where is Bright Machines headquartered?
Bright Machines is headquartered in San Francisco, CA.
-
What is the size of Bright Machines?
Bright Machines has 276 total employees.
-
What industry is Bright Machines in?
Bright Machines’s primary industry is Business/Productivity Software.
-
Is Bright Machines a private or public company?
Bright Machines is a Private company.
-
What is Bright Machines’s current revenue?
The current revenue for Bright Machines is
. -
How much funding has Bright Machines raised over time?
Bright Machines has raised $502M.
-
Who are Bright Machines’s investors?
BlackRock, Jabil, Microsoft, Nvidia, and Reference Capital are 5 of 14 investors who have invested in Bright Machines.
-
Who are Bright Machines’s competitors?
Dataiku, DataRobot, Avathon, Sight Machine, and CognitiveScale are some of the 20 competitors of Bright Machines.
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