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Brightflag is a legal spend management platform that helps corporate legal teams effectively manage their legal spend, streamline their invoicing process, and gain insights into their legal spend data.
Last updated
In 2020, Brightfl's revenue reached $7.1M. Since its launch in 2014, Brightfl has shown consistent revenue growth.
Brightfl reached a $559.2K valuation in 2015, set during its Seed Round round.
Brightfl has raised $39.3M in total funding across 6 rounds, most recently a $28M Series B round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Series B | $28M | - | - | |
| 2019 | Series A | $8.1M | - | - | |
| 2017 | Seed Round | $1.7M |
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We do not have customer count information for Brightfl yet.
Brightfl employs approximately 152 people as of 2026, up from 137 in 2023, including 20 sales reps that carry a quota.
Brightfl generates $7.1M in revenue.
Brightfl was founded by Ian Nolan.
The CEO of Brightfl is Ian Nolan.
Brightfl raised $39.3M across 6 rounds.
Brightfl has 152 employees.
Brightfl is headquartered in New York, New York, United States.
Brightfl operates across multiple industries. Browse revenue, funding, and growth data for Brightfl in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$559.2K
2020 Revenue
$7.1M
Funding
$39.3M
Team · 2024
152
Founded
2014
| Year | Milestone | Source |
|---|---|---|
| 2020 | Brightfl Hit $7.1m revenue in August 2020 | |
| 2014 | Launched with $0 revenue |
| - |
| - |
| 2016 | Venture Round | $1.1M | - | - |
| 2015 | Seed Round | $58K | $559.2K | 10% |
| 2014 | Seed Round | $289.9K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 152 employees (December 2024) | |
| 2024 | Reached 153 employees (October 2024) | |
| 2023 | Reached 137 employees (September 2023) | |
| 2023 | Reached 149 employees (January 2023) | |
| 2022 | Reached 155 employees (January 2022) | |
| 2021 | Reached 142 employees (August 2021) | |
| 2020 | Reached 88 employees (December 2020) | |
| 2020 | Reached 11 employees (August 2020) | |
| 2020 | Reached 80 employees (June 2020) | |
| 2019 | Reached 85 employees (December 2019) | |
| 2018 | Reached 53 employees (December 2018) |
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