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How Brightfl CEO Ian Nolan grew Brightfl to $7.1M revenue with a 152 person team 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.

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Brightfl Revenue

In 2020, Brightfl's revenue reached $7.1M. Since its launch in 2014, Brightfl has shown consistent revenue growth.

Brightfl Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M2014201520162017201820192020$0$7MSource: GetLatka.com
YearMilestone
2020Brightfl Hit $7.1m revenue in August 2020
2014Launched with $0 revenue

Brightfl Valuation, Funding Rounds

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.

Brightfl Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$10M$20M$30M$40M$50M20142015201620172018201920202014 cumulative: $290K • 2014 Seed Round: $290K2015 cumulative: $348K • 2014 Seed Round: $290K • 2015 Seed Round: $58K @ $559K valuation2016 cumulative: $1M • 2014 Seed Round: $290K • 2015 Seed Round: $58K @ $559K valuation • 2016 Venture Round: $1M2017 cumulative: $3M • 2014 Seed Round: $290K • 2015 Seed Round: $58K @ $559K valuation • 2016 Venture Round: $1M • 2017 Seed Round: $2M2019 cumulative: $11M • 2014 Seed Round: $290K • 2015 Seed Round: $58K @ $559K valuation • 2016 Venture Round: $1M • 2017 Seed Round: $2M • 2019 Series A: $8M2020 cumulative: $39M • 2014 Seed Round: $290K • 2015 Seed Round: $58K @ $559K valuation • 2016 Venture Round: $1M • 2017 Seed Round: $2M • 2019 Series A: $8M • 2020 Series B: $28M$39M2015 Seed Round: $559K valuation$559KSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Series B$28M--
2019Series A$8.1M--
2017Seed Round$1.7M--
2016Venture Round$1.1M--
2015Seed Round$58K$559.2K10%
2014Seed Round$289.9K--

Brightfl Employees & Team Size

Brightfl employs approximately 152 people as of 2026, up from 137 in 2023.

Brightfl has 152 total employees in different roles and functions and 20 sales reps that carry a quota.

Brightfl Team GrowthReported headcount over time0408012016020020142016201820202022202400152152Source: GetLatka.com
YearMilestone
2024Reached 152 employees (December 2024)
2024Reached 153 employees (October 2024)
2023Reached 137 employees (September 2023)
2023Reached 149 employees (January 2023)
2022Reached 155 employees (January 2022)
2021Reached 142 employees (August 2021)
2020Reached 88 employees (December 2020)
2020Reached 11 employees (August 2020)
2020Reached 80 employees (June 2020)
2019Reached 85 employees (December 2019)
2018Reached 53 employees (December 2018)

Founder / CEO

Ian Nolan

Ian Nolan is listed as Founder / CEO at Brightfl.

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Customers

We do not have customer count information for Brightfl yet.

Frequently Asked Questions about Brightfl

What is Brightfl's revenue?

Brightfl generates $7.1M in revenue.

Who founded Brightfl?

Brightfl was founded by Ian Nolan.

Who is the CEO of Brightfl?

The CEO of Brightfl is Ian Nolan.

How much funding does Brightfl have?

Brightfl raised $39.3M.

How many employees does Brightfl have?

Brightfl has 152 employees.

Where is Brightfl headquarters?

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Brightfl Revenue 2020: $7.1M ARR, $559.2K Valuation