Brighte is a digital first finance provider and marketplace for energy and home improvements.
Brighte's A$100 million Series C capital raise was underwritten by Grok Ventures, the investment company of Mike and Annie Cannon-Brookes. Existing investors including Qualgro, Airtree Ventures and Kim Jackson and Scott Farquhar’s Skip Capital also participated in the round.
The funding will be used to fast track Brighte's next stage of growth and to launch a new energy ‘gen-tailer’ model. Brighte plans to use the funds to expand its operations to develop a single, seamless energy finance and retailing solution, significantly simplifying its customers’ experience.
The Ashurst team was led by partner Stuart Dullard and comprised senior associate Jason Maletic and lawyer Matthew Parbhu.