Valuation · 2015
$559.2K
2020 Revenue
$7.1M
Funding
$39.3M
Team · 2024
152
Founded
2014
Brightfl Revenue, Valuation & Funding (2020)
Brightfl generated $7.1M in revenue in 2020.
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
Brightfl Revenue
In 2020, Brightfl's revenue reached $7.1M.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Brightfl Hit $7.1m revenue in August 2020 | Not recorded |
| 2014 | Launched with $0 revenue |
Brightfl Valuation, Funding Rounds
Brightfl reached a $559.2K valuation in 2015, set during its Seed 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 | - | - | Not recorded |
| 2019 | Series A | $8.1M | - | - | Not recorded |
| 2017 | Seed | $1.7M | - | - | Not recorded |
| 2016 | Venture | $1.1M | - | - | Not recorded |
| 2015 | Seed | $58K | $559.2K | 10% | Not recorded |
| 2014 | Seed | $289.9K | - | - | Not recorded |
Founder / CEO
Brightfl Employees & Team Size
Brightfl employs approximately 152 people as of 2026, up from 137 in 2023, including 20 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 152 employees (December 2024) | Not recorded |
| 2024 | Reached 153 employees (October 2024) | Not recorded |
| 2023 | Reached 137 employees (September 2023) | Not recorded |
| 2023 | Reached 149 employees (January 2023) | Not recorded |
| 2022 | Reached 155 employees (January 2022) | Not recorded |
| 2021 | Reached 142 employees (August 2021) | Not recorded |
| 2020 | Reached 88 employees (December 2020) | Not recorded |
| 2020 | Reached 11 employees (August 2020) | Not recorded |
| 2020 | Reached 80 employees (June 2020) | Not recorded |
| 2019 | Reached 85 employees (December 2019) | Not recorded |
| 2018 | Reached 53 employees (December 2018) | Not recorded |
Frequently Asked Questions about Brightfl
What is Brightfl's revenue?
As of 2020, Brightfl generated $7.1M in revenue.
What is Brightfl's valuation?
As of 2015, Brightfl was valued at $559.2K.
Who founded Brightfl?
Brightfl was founded by Ian Nolan.
When was Brightfl founded?
Brightfl was founded in 2014.
Who is the CEO of Brightfl?
The CEO of Brightfl is Ian Nolan.
How much funding does Brightfl have?
Brightfl raised $39.3M across 6 rounds.
How many employees does Brightfl have?
As of 2024, Brightfl had 152 employees.
Where is Brightfl headquartered?
Brightfl is headquartered in New York, New York, United States.
Compare Brightfl to the industry
Brightfl operates across multiple industries. Browse revenue, funding, and growth data for Brightfl in each sector below.
Data and Sources
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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