Bright Exchange

Mexico City, Mexico · Founded 2014 · Privately Held (backing)

Developer of a rooftop solar and battery financing platform intended to provide a distributed operating system. Bright Exchange is based in Mexico City, Mexico and was founded in 2014. It has raised $78.4 million across 6 recorded rounds; the latest was a $3 million seed round in Dec 2022.

Last price · $/share
—
Implied valuation
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Total raised
$78.4M
Last round
Seed Round
Dec 2022

Bright Exchange key facts

  • Developer of a rooftop solar and battery financing platform intended to provide a distributed operating system.
  • It has raised $78.4M across 6 recorded rounds; the latest was Seed Round ($3.0M) in Dec 2022.
  • Notable investors include Y Combinator, Soma Capital, Climate Capital, Collaborative Fund, Felicis — 38 tracked in total.
  • Bright Exchange has filed 6 Form Ds with the SEC since 2015, most recently Dec 2022 ($3.0M sold to 1 investors).
  • Status: Privately Held (backing).
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Bright Exchange funding rounds

6 rounds
Dec 2022Seed Round$3.0MSEC filing▮
Apr 2022Debt$2.0MSEC filing▮
Jul 2021Early Stage VC$7.5MSEC filing▮
Jun 2017Early Stage VC$6.8MSEC filing▮
Jan 2016Seed Round$3.0MSEC filing▮

How much has Bright Exchange raised?

Bright Exchange has raised $78.4 million in total; 6 of its rounds are on record, from 2015 on. The largest on record was a $7.5 million early-stage round in Jul 2021; the most recent was a $3 million seed round in Dec 2022.

Bright Exchange has filed 6 Form Ds with the SEC since 2015, most recently in Dec 2022 ($3 million sold to 1 investor).

Bright Exchange investors

38 investors are on record for Bright Exchange, including Y Combinator, Soma Capital, Climate Capital and Collaborative Fund. By type, the record holds 5 angel investors and 4 venture capital firms. The seed round in Dec 2022 drew 1 investor.

About Bright Exchange

Developer of a rooftop solar and battery financing platform intended to provide a distributed operating system. The company offers cheaper electricity at no upfront cost and works with the network of project financiers, local installers and distributors to satisfy the resulting demand, enabling people with the installation, paperwork, regulatory permits, dealings with the national utility, and grid interconnection.

Sector
Energy
HQ
Mexico City, Mexico
Founded
2014
Employees
183
Ownership
Privately Held (backing)

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Valuation — not yet priced

Bright Exchange doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.

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