Brightmerge
SaaS Platform for Optimizing Electric Vehicle Charging Hubs
StartupBrightmerge is a Modi'in-Maccabim-Re'ut-based startup in the Automotive & Mobility Technologies sector, established in 2018. SaaS Platform for Optimizing Electric Vehicle Charging Hubs. The company has raised a total of $3.03M across 3 funding rounds, currently at the Seed stage. Brightmerge was founded by Aviram Hadash and Daniel Schwab. Key investors include Mayer Group, ESIL, Arava Power Company. The company has 11-50 employees. Core technologies: Artificial Intelligence, Machine Learning.
With $3.03M in total funding, Brightmerge is a Seed-stage company operating in Automotive & Mobility Technologies. The company follows a B2G/B2B business model. Product stage: Beta.
- StageSeed
- ProductBeta
- ModelB2G, B2B
- Employees11-50
- HQModi'in-Maccabim-Re'ut
- Last Round$2M
- Mayer GroupLead
- ESILLead
- Arava Power Company
Aviram HadashCEODaniel SchwabFounder & CEO
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What does Brightmerge do?
Brightmerge is a SaaS-based company that offers an economic optimization modeling tool for energy developers, financiers, and manufacturers. Its software platform helps users optimize the financial, sustainability, and reliability performance of electric vehicle charging hubs using advanced renewable energy microgrid systems. With the help of machine learning, the platform automates tasks such as system right sizing, system placement, component selection, dispatch models, and future system performance prediction. Brightmerge's data platform includes metrics like cash flow, IRR, NPV, LCOE, CO2 emissions, and reliability/availability ratings. The Brightmerge solution can reduce project time and cost by up to 10 times and make projects bankable that might not otherwise get built.
How much funding has Brightmerge raised?
Brightmerge has raised $3.03M in total funding across 3 rounds. The company is currently at the Seed stage. Key investors include Mayer Group, ESIL, Arava Power Company.
Who founded Brightmerge?
Brightmerge was founded in 2018 by Aviram Hadash (CEO), Daniel Schwab (Founder & CEO).
What sector is Brightmerge in?
Brightmerge operates in Climate Tech, Eco-Efficient Transportation & Logistics, Eco-Efficient Mobility Optimization & Logistics, Energy Transition, Eco-Efficient Transmission and Distribution, Automotive & Mobility Technologies, Electric Mobility & Alternative Fuels, Energy Tech, Energy Management & Grid Integration, with core technologies in Artificial Intelligence, Machine Learning. Target customers: Energy, Utilities & Waste Management, Utilities, Electricity, Government & City, Municipalities, Real Estate & Construction, Defense, Safety & Security, National Security, Military.
Where is Brightmerge located?
Brightmerge is based in Modi'in-Maccabim-Re'ut, Israel.