Brightpearl revenue hit $30M in 2023

Brightpearl generates revenue from 1400 customers

How did Latka collect this data?


Latka collected this data by interviewing Brightpearl CEO Derek O'Carroll on Apr 13, 2022

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625-Market Street, San Francisco, California, 94105, United States


How Brightpearl hit $30M revenue and 1.4K customers in 2021.

Brightpearl is owned by a privately held company called Brightpearl Holdings Ltd. Brightpearl provides a cloud-based retail operations platform that helps retailers automate and streamline their back-office operations. Its platform includes a range of tools and features for inventory management, order processing, financial management, and customer relationship management (CRM), all designed to help retailers manage their operations more efficiently and effectively. Brightpearl's mission is to empower retailers to focus on growing their businesses by providing them with the tools they need to manage their operations seamlessly. The company serves clients across various industries, including fashion, home goods, and electronics.






2021 Revenue






Brightpearl Revenue

In 2021, Brightpearl revenue run rate hit $30M in revenue.

  • 2021

    Brightpearl hit $30M in revenue in 2021

  • 2020

    Brightpearl hit $18M in revenue in 2020

  • 2019

    Brightpearl hit $12M in revenue in 2019

  • 2018

    Brightpearl hit $11.3M in revenue in 2018

  • 2016

    Brightpearl hit $8M in revenue in 2016

  • 2008

    Brightpearl launched in 2008 with $0 revenue

Brightpearl Funding History

  • 2021 Acquired

    Brightpearl raised a Acquired of $300M at a $360M valuation in October, 2021

  • 2020 Series C

    Brightpearl raised a Series C of $34.8M at a $160M valuation in December, 2020

  • 2018 Venture Round

    Brightpearl raised a Venture Round of $15M in July, 2018

  • 2016 Series C

    Brightpearl raised a Series C of $4M at a $8.3M valuation in December, 2016

  • 2016 Series C

    Brightpearl raised a Series C of $11M in January, 2016

  • 2014 Venture Round

    Brightpearl raised a Venture Round of $10M in April, 2014

  • 2013 Series B

    Brightpearl raised a Series B of $8M in May, 2013

  • 2011 Series A

    Brightpearl raised a Series A of $5M in May, 2011

  • 2010 Angel Round

    Brightpearl raised a Angel Round of $1.5M in July, 2010

October, 03 2021 Acquired $300M $360M
December, 23 2020 Series C $34.8M $160M
July, 20 2018 Venture Round $15M -
December, 14 2016 Series C $4M $8.3M
January, 19 2016 Series C $11M -
April, 28 2014 Venture Round $10M -
May, 21 2013 Series B $8M -
May, 25 2011 Series A $5M -
July, 24 2010 Angel Round $1.5M -


Brightpearl has 160 total employees and 28 sales reps that carry a quota. They have 1,400 customers an engineering team of 26 and a marketing team of 7.

Total team size

Founder / CEO

Derek O'Carroll

When Derek O'Carroll joined Brightpearl three years ago, he took on the biggest risk any CEO can take - a turnaround. Since taking the helm as CEO, Derek has led the retail operations platform from stagnant growth to more than $12 million in revenue, nearly 1,400 customers worldwide, and managing more than $3 billion in orders. Shortlisted for CEO of the Year at the Digital Masters Awards in 2018, the father-of-two is now recognized globally as a retail expert. In the 90s, Derek left his career in chemistry to found Ireland's first online advertising agency and he never looked back. After some painful lessons learned during a market crash that took his business from $9 million in revenue to $900K almost overnight, he moved on to leading Symantec as Senior VP of Norton in EMEA. At Symantec, Derek was responsible $1.7 billion of revenues and 200+ employees globally. There, he learned about value-based management from Jack Welch's protégé Steve Bennett. Derek has taken all of the leadership lessons and playbooks he's learned to date to take Brightpearl to an unprecedented growth rate and an increase in average deal size by 500%. His specialties include building exceptional teams and creating winning environments, simple messaging, zero ambiguity, and training for excellence.


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Brightpearl has 1.4K customers.

Lifetime Months



Monthly ARPU



Lifetime Dollar


Acquisition Cost


Average Annual Price



Brightpearl has an annual churn rate of 13%.

Gross Annual Dollar Churn


Annual Dollar Expansion


Net Revenue Retention


Brightpearl Executives

Name Position Working Email Personal Email
Derek O'Carroll CEO -

Brightpearl Employees

Name Position Working Email Personal Email
Derek O'Carroll CEO -
Chris Tottman Investor - -

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Frequently Asked Questions about Brightpearl

When was Brightpearl founded?

Brightpearl was founded in 2008.

How much revenue does Brightpearl generate?

Brightpearl generates $30M in revenue.

Who is the CEO of Brightpearl?

The CEO of Brightpearl is Derek O'Carroll.

How much funding does Brightpearl have?

Brightpearl raised $389.3M.

How many employees does Brightpearl have?

Brightpearl has 160 employees.

Where is Brightpearl headquarters?

Brightpearl is headquartered at 625-Market Street, San Francisco, California, 94105, United States