Brightback, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Brightback, Inc. - overview
Established
2018
Location
San Francisco, CA, US
Primary Industry
Software
About
Brightback, Inc. delivers innovative customer retention solutions that empower subscription-based businesses to enhance their customer experience and reduce churn through automated retention strategies. Founded in 2018 in San Francisco, US, Brightback, Inc. provides advanced tools for customer retention specifically tailored for the subscription model.
The company has not reported any significant pivots or mergers. Guy Marion serves as the CEO and founder, leading Brightback with a focus on improving client retention strategies. The company secured a total funding amount of USD 2. 550 mn, with its latest funding round being Series A in January 2022, led by Index Ventures, and has completed three funding deals.
Brightback specializes in advanced customer retention solutions aimed at optimizing the subscription experience for businesses. Their platform features automation tools that allow companies to proactively identify and address churn risks. Integrating seamlessly with existing CRM systems, Brightback’s offerings target subscription-based companies across diverse sectors such as SaaS, e-commerce, and media to enhance customer engagement and retention rates, serving established enterprises and startups primarily in North America and Europe. Brightback's revenue model is based on subscriptions, with clients paying for access to their customer retention platform.
The pricing structure is tiered according to the number of subscribers and service levels, catering to businesses of varying sizes. Their flagship services focus on improving customer retention and engagement, which are pivotal to the company’s revenue strategy and appeal to industries that rely on subscription models. Brightback plans to enhance its offerings with new product developments aimed at further improving customer retention strategies. As of January 2022, following its acquisition by ChargeBee Inc.
, a broader market expansion is anticipated. The company intends to leverage its recent funding to bolster its technology and outreach in the subscription management sector, targeting growth in North America and Europe.
Current Investors
Index Ventures, Matrix Partners, Rembrandt Venture Partners
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Sales & Marketing Software
Website
www.brightback.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.