Brightside: Raises $33 million in Series B funding

Brightside: Raises $33 million in Series B funding

  • Brightside created Financial Care, a new category in employee benefits
  • The company works with employers to provide financial wellness benefits to employees
  • It raised $33 million from firms like Andreessen Horowitz, Obvious Ventures, and Trinity Ventures
  • CEO Tom Spann told Insider his plan to hire more and expand internationally to land more customers
  • AI platform uses information like salary and financial goals to suggest to employees personalized products for savings
  • The latest round brings total funding to $75 million, after a $35.1 million in Series A funding round in June 2020
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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