BriteCore Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 81

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $30.5M

  • Investors
  • 3

BriteCore General Information

Description

Developer of cloud-native core insurance platform designed for (Property and casualty) P&C insurers to drive business growth, enhance operational efficiency, and offer unparalleled flexibility. The company's platform helps insurers to seamlessly manage policies, billing, configure new products and access comprehensive reporting and analytics within a unified core insurance system that includes user-friendly portals for agents and policyholders, thereby enabling property and casualty insurers to gain a competitive edge through efficient operations, compelling customer experiences, and speed to market.

Contact Information

Website
www.britecore.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Vertical(s)
SaaS, InsurTech, FinTech

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BriteCore Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series C) 13-Sep-2021 $30.5M Completed Generating Revenue
5. Later Stage VC (Series B) 15-Jul-2019 Completed Generating Revenue
4. Later Stage VC (Series A1) 05-Mar-2019 Completed Generating Revenue
3. Later Stage VC 09-May-2018 Completed Generating Revenue
2. Seed Round 04-Apr-2013 $1M $1.6M Completed Generating Revenue
1. Angel (individual) 12-Jul-2011 $600K $600K Completed Generating Revenue
To view BriteCore’s complete valuation and funding history, request access »

BriteCore Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A-1 118,676 $0.001000 $16.85 $16.85 1x $16.85 0.71%
Series A 3,337,580 $0.001000 $8 $8 1x $8 20.01%
To view BriteCore’s complete cap table history, request access »

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BriteCore Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of cloud-native core insurance platform designed for (Property and casualty) P&C insurers to drive business gr
Financial Software
81 As of 2023

Marlborough, MA
 

Bigfork, MT
 
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BriteCore Competitors (41)

One of BriteCore’s 41 competitors is OneShield, a Private Equity-Backed company based in Marlborough, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OneShield Private Equity-Backed Marlborough, MA
WaterStreet Corporation Bigfork, MT
Keylane Private Equity-Backed Utrecht, Netherlands
EIS Group Software Private Equity-Backed San Francisco, CA
UniRisX Private Equity-Backed Philadelphia, PA
You’re viewing 5 of 41 competitors. Get the full list »

BriteCore Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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BriteCore Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Warburg Pincus PE/Buyout Minority
WCF Mutual Insurance Company Corporation Minority
Radian Capital Growth/Expansion Minority
To view BriteCore’s complete investors history, request access »

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BriteCore FAQs

  • When was BriteCore founded?

    BriteCore was founded in 2009.

  • What is the size of BriteCore?

    BriteCore has 81 total employees.

  • What industry is BriteCore in?

    BriteCore’s primary industry is Financial Software.

  • 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 $99M.

  • Who are BriteCore’s investors?

    Warburg Pincus, WCF Mutual Insurance Company, and Radian Capital have invested in BriteCore.

  • Who are BriteCore’s competitors?

    OneShield, WaterStreet, Keylane, EIS Group Software, and UniRisX are some of the 41 competitors of BriteCore.

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