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§ Private Profile · Salt Lake City, UT, USA
HR tech software enabling brokers and HR teams to create digital benefit guides, helping employees understand and choose benefits.
Brite has raised $68.0M across 3 funding rounds.
Key people at Brite.
Brite was founded in 2020 by Landon Fielding (Founder & CEO) and Colton Shields (Founder) and Jake Parkinson (Founder).
Brite has raised $68.0M in total across 3 funding rounds.
Brite is a Salt Lake City, Utah-based human resources technology company that provides software enabling benefits brokers and corporate human resources teams to create personalized digital benefit guides. Operating through a software as a service business model, the platform simplifies complex insurance plans and delivers educational content across multiple channels to help workers navigate their compensation packages. The organization currently operates with a team of 15 employees, generates less than $5 million in annual revenue, and has educated over 3 million individual employees through its digital infrastructure. The enterprise has secured $9.3 million in total venture funding across two rounds, including a $7.8 million most recent financing round, with backing from institutional investors such as Y Combinator and Elevation Capital. Brite was officially established in 2020 by co-founders Landon Fielding, Jake Parkinson, and Colton Shields.
Brite is a software company that builds a platform designed to help employees understand and select their employee benefits more effectively. It primarily serves employee benefits brokerages and HR teams by enabling them to create digital benefits guides that simplify complex benefit plans and drive better employee enrollment decisions. The platform integrates decision tools and data-driven features to improve engagement and participation in benefits programs, addressing a common challenge in the industry. Brite’s solution benefits both brokers and employees by enhancing education, communication, and decision-making around benefits selection, ultimately leading to cost savings and higher satisfaction[1][2][4].
Founded in 2020 and headquartered in Salt Lake City, Utah, Brite was created by Landon Fielding (Founder & CEO), Jake Parkinson, and Colton Shields. The founders brought together expertise in employee benefits and software development, with Fielding’s deep knowledge of employee benefits driving the vision. The idea emerged from the need to disrupt the traditional, often confusing benefits education process by digitizing and simplifying it for brokers and employees alike. Early traction included acceptance into Y Combinator’s Summer 2021 batch and raising $1.5 million in seed funding, signaling strong market interest and validation[1][3].
Brite rides the growing trend of digitization and personalization in HR technology, particularly in the employee benefits space. As benefits packages become more complex, the timing is critical for solutions that simplify decision-making and increase employee engagement. Market forces such as regulatory complexity, rising healthcare costs, and the shift toward remote and hybrid work models amplify the need for accessible, data-driven benefits education. Brite influences the broader ecosystem by enabling brokers and HR teams to deliver more value with less overhead, potentially setting new standards for benefits communication and enrollment efficiency[1][2][4].
Looking ahead, Brite is positioned to expand its impact by deepening integrations with benefits providers and enhancing its decision-support capabilities through data analytics and AI. Trends such as increased employee demand for transparency and personalized benefits, as well as ongoing regulatory changes, will shape its journey. Brite’s influence may evolve from a benefits education tool to a comprehensive benefits engagement platform, further transforming how companies and brokers manage employee benefits. This evolution ties back to its founding mission of simplifying benefits choices and empowering smarter decisions in an increasingly complex landscape[1][2][3].
Brite has raised $68.0M across 3 funding rounds. Most recently, it raised $60.0M Series A in October 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 4, 2023 | $60M Series A | Josh Bell | Headline, Nicolai Chamizo | Announced |
| Aug 18, 2022 | $7.8M Series A | Ravi Adusumalli | Cameron Ventures | Announced |
| May 1, 2021 | $200K Pre Seed | — | Startup Haven Ventures | Announced |
Key people at Brite.
Brite was founded in 2020 by Landon Fielding (Founder & CEO) and Colton Shields (Founder) and Jake Parkinson (Founder).
Brite has raised $68.0M in total across 3 funding rounds.
Brite's investors include Josh Bell, Headline, Nicolai Chamizo, Ravi Adusumalli, Cameron Ventures, Startup Haven Ventures.