Bright Money Raises 31m From Sequoia India Falcon Edge Others

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San Francisco-headquartered artificial intelligence (AI) personal finance platform Bright Money said on September 16 that it has raised $31 million led by Sequoia Capital, Falcon Edge Capital and Hummingbird Ventures in its Series A... The fintech, which also has presence in Bengaluru, was founded in 2019 by Avi Patchava, former InMobi executive Varun Modi, and ex-McKinsey executive Petko Plachkov. Bright Money focuses on individualized wealth planning and building and debt management for over 30,000 customers in the US using its trademarked MoneyScience algorithm. With 150 employees currently, the company said it will use the funding to double its team ahead of a public launch and will also expand its product in the Indian and South East Asian... Policy Push Powers Ola Electric’s Manufacturing Ambitions Ola Electric Mobility Ltd. has received a significant boost from the Centre, with the Ministry of Heavy Industries sanctioning ₹366.78 crore...

India’s startup funding momentum cooled sharply in the week ending December 27, with 11 startups raising a total of $95.54 million, a steep 74% decline compared to the... Foldable iPhone Leak of Apple Causes New Row as Video Maker Ignores Legal Warning. YouTuber extraordinaire, Jon Prosser, has struck again. Apple filed a lawsuit against him in... Bright Money, a San Francisco, Calif-based artificial intelligence (AI) finance platform powered by its unique MoneyScience™ algorithm, secured $31 million in Series A round. The round was led by Sequoia Capital India, Falcon Edge Capital, and Hummingbird Ventures.

Alongside investments from prominent angel investors including Ram Shriram (Alphabet board member and founder of Sherpalo Ventures). The Series A funding will allow Bright Money to take its platform to the next level, by providing users with a transformative journey. Company: Bright Money Independent Pvt Ltd Lead Investors: Sequoia Capital India, Falcon Edge Capital, and Hummingbird Ventures The round also saw participation from Falcon Edge Capital and Hummingbird Ventures and angel investors including InMobi’s Naveen Tewari and Abhay, CRED’s Kunal Shah, Jupiter’s Jitendra Gupta, Zalora’s Gunjan Soni, Uber’s Pradeep Parameswaran and... Bright Money’s team is spread across Bengaluru, San Francisco and London and the funds will be utilised to expand its teams and product suite across markets

The wealth management startup was in stealth mode for 2 years where it served over 30,000 clients across 1000+ data points per user With existing and upcoming fintech players foraying into the financial advisory and wealth management space, Bengaluru and San-Francisco-based wealth management startup Bright Money, which provides its proprietary artificial intelligence (AI) algorithm, has come out... The round also saw participation from angel investors including InMobi’s Naveen Tewari and Abhay, CRED’s Kunal Shah, Jupiter’s Jitendra Gupta, Zalora’s Gunjan Soni, Uber’s Pradeep Parameswaran and tech investor Ram Shriram. Printed by Unregistered user on Sun, 28 Dec 2025 00:35:52 GMT

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