BrightAI

The company offers an AI and IoT-based platform, named Stateful, which provides real-time monitoring and proactive asset management for industries such as power, water, pest control, HVAC, and manufacturing. BrightAI's technology utilizes a range of connected devices, including sensors, drones, and robotics, to gather data from physical assets. This data is then processed by the Stateful platform, which uses multimodal AI models to detect issues, predict failures, and provide actionable insights to field teams. The platform is designed to be retrofitted onto existing legacy infrastructure, allowing large service companies to modernize their operations without replacing entire systems. Their solutions include asset and site visibility, workforce wearables, and autonomous inspections.

BrightAI's business model targets large enterprise customers in critical infrastructure sectors, with reported average annual contract values exceeding $10 million. By deploying a comprehensive stack of hardware and software, the company creates high switching costs and a data feedback loop where the AI models continuously improve with more data. The company serves clients such as Osmose Utilities Services, Azuria Water Solutions, Pelsis Group, and Latham Pool.

BrightAI has secured significant funding to support its growth. After initially operating in stealth and bootstrapping to substantial revenue, the company raised a $15 million seed round in late 2024, led by Upfront Ventures. This was followed by a $51 million Series A round in mid-2025, co-led by Khosla Ventures and Inspired Capital, bringing its total funding to over $66 million. This capital is being used to scale commercial deployments, expand its team, and open a new San Francisco headquarters.