Brightmerge logo — SaaS platform for optimizing renewable energy microgrids

Brightmerge

SaaS platform for optimizing renewable energy microgrids

Founded 2019 Israel Israel 14 employees Seed Total: $800.00K Automation, Big Data +3

General Information

Company Name Brightmerge
Founded Year 2019
Location Israel Israel
Employees 14
Industries Automation, Big Data, Energy +2
Funding Stage Seed
Social

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About Brightmerge

Brightmerge is a SaaS platform that specializes in optimizing renewable energy microgrids. The company provides a SaaS-based technical financial sustainability optimization modeling platform for fleet owners, real estate companies, energy project developers, financiers, and vehicle OEM manufacturers. Their solution is driven by unique innovative optimization algorithms and state-of-the-art automation systems, aiming to convert the large cost of charging infrastructure into profit while reducing investment risks. Brightmerge supports economic analysis for both the upfront and development phases with continuous economic optimization software. Founded in 2018 and headquartered in Israel, Brightmerge has made significant strides in the industry. The company secured a pre-seed funding from the prestigious USA Israel BIRD Foundation and notable investors such as Edf Renewables, Johnson Matthey, Bazan Group, ARAVA Power, Israel Innovation Authority, and Mayer Cars and Trucks Ltd. Additionally, Brightmerge has graduated from influential programs including NYSERDA EIR, EIT Smart Mobility Accelerator, MassChallenge, Microsoft for StartUps, and DRIVETLV Fastlane program. The company's last investment was in a Seed Round on 5th January 2020.

Business keywords: microgrids, electric vehicle charging infrastructure, optimization algorithms, financial sustainability, energy project development, technological innovation, pre-seed funding, clean energy, grid optimization, smart mobility, investment analysis

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed -
05 Jan 2020
Pre Seed Round $500.00K 1
BIRD Foundation
03 Dec 2018
Non Equity Assistance $300.00K 2
MassChallenge, BIRD Foundation
18 Mar 2018

Brightmerge Alternatives & Competitors

View All Alternatives
Brightmerge vs
RiDERgy
RiDERgy Germany

Efficient electrification and charging of fleets = energy transition success.

6 employees
AI, Energy
Brightmerge vs
ChargeNet Stations
ChargeNet Stations United States

We Turn Parking Lots Into Profit Centers!

Seed
10 employees
Energy, SaaS
Brightmerge vs

Artificial Intelligence for Clean Energy

Series A
44 employees
Energy, Logistics

FAQ About Brightmerge

SaaS platform for optimizing renewable energy microgrids
Brightmerge was founded in 2019.
Brightmerge is headquartered in Israel.
Brightmerge operates in Automation, Big Data, Energy, Enterprise Software and SaaS. Its work centres on microgrids, electric vehicle charging infrastructure, optimization algorithms and financial sustainability.
Brightmerge has approximately 14 employees.
Brightmerge has completed 3 funding rounds, raising a total of $800.00K. The latest funding stage is Seed.
Top alternatives and competitors to Brightmerge include RiDERgy, ChargeNet Stations, BluWave-ai, Opus One Solutions from GE Digital, CHARGEPARTNER GMBH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Brightmerge and RiDERgy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Brightmerge, https://bouncewatch.com/company/brightmerge, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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