How Much Did Bright.md Raise?
Funding & Key Investors

Bright.md has successfully navigated multiple capital infusion cycles to solidify its position in the digital health landscape, culminating in a total funding accumulation of $30.2M. The company's most recent strategic investment of $1M underscores its ongoing commitment to scaling its virtual care infrastructure. By securing consistent backing from institutional partners, Bright.md has demonstrated a robust growth trajectory, evolving from its early-stage roots into a significant player in the healthcare technology sector.

This latest financing round serves as a testament to the firm's ability to attract high-caliber investors who recognize the value of its automated clinical triage and patient navigation software. As the healthcare industry continues to prioritize digital transformation, Bright.md remains well-positioned to leverage this capital to expand its market reach and enhance its diagnostic software capabilities.

What is Bright.md?

Bright.md
SoftwareHealthcare Software

Founded in 2012 and headquartered in Portland, Oregon, Bright.md operates at the intersection of clinical efficiency and patient experience. The company provides a sophisticated software platform that functions as a virtual front door for healthcare providers. By automating the triage process and facilitating care for hundreds of low-acuity medical conditions, the platform allows providers to streamline patient flow, whether through virtual consultations or by routing patients to appropriate in-person care settings. This technology addresses critical pain points in modern healthcare delivery, specifically the need for scalable, cost-effective, and accessible patient engagement tools that reduce the administrative burden on clinical staff.

How much funding has Bright.md raised?

Bright.md has raised a total of $30.2M across 5 funding rounds:

2014

Angel/Seed

$1M

2015

Series A

$3.5M

2017

Series B

$8M

2020

Series C

$16.7M

Debt

$1M

Angel/Seed (2014): $1M with participation from Seven Peaks Ventures, Oregon Venture Fund, and Portland Seed Fund

Series A (2015): $3.5M led by Oregon Venture Fund and Seven Peaks Ventures

Series B (2017): $8M supported by Seven Peaks Ventures and B Capital Group

Series C (2020): $16.7M featuring Concord Health Partners, UnityPoint Health Ventures, B Capital Group, Philips Health Technology Ventures, and Seven Peaks Ventures

Debt (2020): $1M backed by PPP

Key Investors in Bright.md

Seven Peaks Ventures

Seven Peaks Ventures partners with entrepreneurs to build and scale disruptive, category-leading businesses across various sectors including AI, robotics, and cyber-security.

Oregon Venture Fund

Oregon Venture Fund is dedicated to investing in and supporting the next generation of world-class growth companies, focusing on ambitious founding teams with innovative solutions.

B Capital Group

B Capital is a venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors.

What's next for Bright.md?

With the support of its latest strategic investment, Bright.md is poised to accelerate its product development roadmap and deepen its integration within existing health system workflows. The company's focus will likely shift toward expanding its diagnostic capabilities and enhancing the interoperability of its platform with electronic health records. As the demand for virtual-first care models persists, Bright.md is expected to leverage its current capital position to capture a larger share of the enterprise health market. Future growth will likely be driven by strategic partnerships with large-scale health systems and the continued refinement of its AI-driven triage algorithms, ensuring that the company remains at the forefront of the digital health revolution.

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Frequently Asked Questions Regarding Bright.md Financial Insights

What are the most recent funding rounds that Bright.md has completed, and what were the funding rounds?
Bright.md has recently completed 3 funding rounds: Debt on Jun 29, 2020, Series C on May 27, 2020, Series B on Jul 17, 2017.
What is the total amount of funding Bright.md has raised to date?
Bright.md has raised a total of $30.2M in funding to date.
How many funding rounds has Bright.md completed?
Bright.md has completed 3 funding rounds.
How much funding did Bright.md raise in its most recent funding round?
Bright.md raised $1M in its most recent funding round.
Who are the lead investors in Bright.md's latest funding round?
The lead investor in Bright.md's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Bright.md's history?
The largest funding round in Bright.md's history was $16.7M.
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