BriteCore Overview
- Year Founded
-
2009
- Status
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Private
- Employees
-
100
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$30.5M
- Investors
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2
BriteCore General Information
Description
Developer of a cloud-native core insurance software platform designed for property and casualty insurers. The company offers a unified system for managing policies, billing, and product configuration, along with comprehensive reporting, analytics, and user-friendly portals for agents and policyholders, enabling property and casualty insurers to enhance operational efficiency, provide superior customer experiences, and accelerate time to market.
Contact Information
Website
www.britecore.comCorporate Office
- 333 Twin Dolphin Drive
- Suite 210
- Redwood City, CA 94065
- United States
Corporate Office
- 333 Twin Dolphin Drive
- Suite 210
- Redwood City, CA 94065
- United States
BriteCore Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series C) | 13-Sep-2021 | $30.5M | Completed | Generating Revenue | ||
| 4. Later Stage VC (Series B) | 15-Jul-2019 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 09-May-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | 04-Apr-2013 | $1000K | $1.6M | Completed | Generating Revenue | |
| 1. Seed Round | 12-Jul-2011 | $600K | $600K | Completed | Generating Revenue |
BriteCore Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-1 | ||||||||
| Series A | 3,337,580 | $0.001000 | $8 | $8 | 1x | $8 | 35.27% |
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.
BriteCore Comparisons
Industry
Financing
Details
BriteCore Competitors (22)
One of BriteCore’s 22 competitors is Insuresoft, a Corporate Backed or Acquired company based in Tuscaloosa, AL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Insuresoft | Corporate Backed or Acquired | Tuscaloosa, AL | ||||
| Majesco | Private Equity-Backed | Morristown, NJ | ||||
| Sapiens International Corporation | Private Equity-Backed | London, United Kingdom | ||||
| Finys | Private Equity-Backed | Troy, MI | ||||
| EIS Group Software | Formerly PE-Backed | San Francisco, CA |
BriteCore Signals
BriteCore Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Warburg Pincus | PE/Buyout | Minority | ||
| Radian Capital | Growth/Expansion | Minority |
BriteCore FAQs
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When was BriteCore founded?
BriteCore was founded in 2009.
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Where is BriteCore headquartered?
BriteCore is headquartered in Redwood City, CA.
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What is the size of BriteCore?
BriteCore has 100 total employees.
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What industry is BriteCore in?
BriteCore’s primary industry is Financial Software.
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Is BriteCore a private or public company?
BriteCore is a Private company.
-
What is the current valuation of BriteCore?
The current valuation of BriteCore is .
-
What is BriteCore’s current revenue?
The current revenue for BriteCore is .
-
How much funding has BriteCore raised over time?
BriteCore has raised $93.1M.
-
Who are BriteCore’s investors?
Warburg Pincus and Radian Capital have invested in BriteCore.
-
Who are BriteCore’s competitors?
Insuresoft, Majesco, Sapiens International Corporation, Finys, and EIS Group Software are some of the 22 competitors of BriteCore.
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