Brightflag Overview
- Year Founded
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2014
- Status
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Private
- Employees
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150
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$27.7M
- Investors
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11
Brightflag General Information
Description
Developer of an AI-based enterprise legal management platform designed to offer capabilities for matter management and e-billing reporting and analytics. The company's software leverages powerful language analysis technologies to analyze incoming legal invoices, uncover opportunities for reductions or alternative fee arrangements and give visibility on legal spending across the organization, enabling clients to manage and control outside counsel costs and centralize the invoice review for routing all the documents submitted to the correct approver.
Contact Information
Website
www.brightflag.comCorporate Office
- 77 Camden Street Lower
- Dublin D02 XE80
- Ireland
Corporate Office
- 77 Camden Street Lower
- Dublin D02 XE80
- Ireland
Brightflag Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC | 09-Dec-2020 | $27.7M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series A) | 05-Apr-2019 | Completed | Generating Revenue | |||
| 6. Seed Round | 30-Nov-2017 | Completed | Startup | |||
| 5. Seed Round | 01-May-2016 | Completed | Startup | |||
| 4. Early Stage VC | 09-Apr-2015 | Completed | Startup | |||
| 3. Accelerator/Incubator | 20-Mar-2015 | Completed | Startup | |||
| 2. Accelerator/Incubator | 01-Nov-2014 | $88.6K | $116K | Completed | Startup | |
| 1. Accelerator/Incubator | 01-Feb-2014 | $27.2K | $27.2K | Completed | Startup |
Brightflag Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| B Ordinary | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Series A | ||||||||
| Series A | ||||||||
| Series A | ||||||||
| Series A | ||||||||
| Ordinary | ||||||||
| Ordinary | 62,000 | $0.001193 | $0.48 | $0.48 | 1x | $0.48 | 1.77% | |
| Ordinary | 58,000 | $0.001193 | $0.51 | $0.51 | 1x | $0.51 | 1.66% |
Brightflag Comparisons
Industry
Financing
Details
Brightflag Competitors (12)
One of Brightflag’s 12 competitors is SimpleLegal, a Private Equity-Backed company based in Mountain View, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SimpleLegal | Private Equity-Backed | Mountain View, CA | ||||
| Legal Decoder | Venture Capital-Backed | Falls Church, VA | ||||
| LeGuard | Formerly PE-Backed | McLean, VA | ||||
| OneTrust | Venture Capital-Backed | Atlanta, GA | ||||
| Apperio | Venture Capital-Backed | London, United Kingdom |
Brightflag Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Brightflag Patents
Brightflag Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210383442-A1 | System, method and apparatus for automatic categorization and assessment of billing narratives | Pending | 11-Apr-2016 | ||
| US-11107137-B2 | System, method and apparatus for automatic categorization and assessment of billing narratives | Active | 11-Apr-2016 | ||
| EP-3443512-A1 | System, method and apparatus for automatic categorization and assessment of billing narratives | Inactive | 11-Apr-2016 | ||
| US-20170293951-A1 | System, method and apparatus for automatic categorization and assessment of billing narratives | Active | 11-Apr-2016 | ||
| EP-4071688-A1 | System, method and apparatus for automatic categorization and assessment of billing narratives | Pending | 11-Apr-2016 | G06Q30/04 |
Brightflag Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Brightflag Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| One Peak Partners | Growth/Expansion | Minority | ||
| Sands Capital | Growth/Expansion | Minority | ||
| 500 Global | Accelerator/Incubator | Minority | ||
| Frontline Ventures | Venture Capital | Minority | ||
| Treacy & Company | Corporation | Minority |
Brightflag Investments (1)
Brightflag’s most recent deal was a Buyout/LBO with Joinder. The deal was made on 03-Nov-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Joinder | 03-Nov-2021 | Buyout/LBO | Business/Productivity Software |
Brightflag FAQs
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When was Brightflag founded?
Brightflag was founded in 2014.
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Where is Brightflag headquartered?
Brightflag is headquartered in Dublin, Ireland.
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What is the size of Brightflag?
Brightflag has 150 total employees.
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What industry is Brightflag in?
Brightflag’s primary industry is Business/Productivity Software.
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Is Brightflag a private or public company?
Brightflag is a Private company.
-
What is the current valuation of Brightflag?
The current valuation of Brightflag is .
-
What is Brightflag’s current revenue?
The current revenue for Brightflag is .
-
How much funding has Brightflag raised over time?
Brightflag has raised $38.9M.
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Who are Brightflag’s investors?
One Peak Partners, Sands Capital, 500 Global, Frontline Ventures, and Treacy & Company are 5 of 11 investors who have invested in Brightflag.
-
Who are Brightflag’s competitors?
SimpleLegal, Legal Decoder, LeGuard, OneTrust, and Apperio are some of the 12 competitors of Brightflag.
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