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Bright Union

Bright Union is a DeFi Insurance market place, our mission is to safeguard your digital assets from hacks, smart contract failures, and rug pulls by empowering the crypto community to cover one another in a decentralized and permissionless manner.

Key Achievements

  • **FEBRUARY **-Bright Union was born **MAY **-Team grows from 5 to 13 people**JUNE **- Winner in ETH Global Hackathon **JULY **- Seed and Private funding round closed (total raised including: IDO $1m) **AUGUST **-Trifold IDO sold out, Bright Staking Live - Community Growth to 30k members.SEPTEMBER -Mainnet Launch with three partners, Exchange Listing, Team grown to 15 people
  • **OCTOBER **-Launch Multi-chain **NOVEMBER - **Software development kit deployed, First two SDK partners live Start development of Bright Risk Index **DECEMBER - **Loyalty Program Launched, Launch NFT campaign, Nominated Dutch Blockchain Award JANUARY - Launch Bright Risk Index, the safest, easiest and most diversified way to act as an 'insurer' in the DeFi Insurance industry and earn higher yields (20-30% APY).
  • linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
March 3, 2022

Basic details

Amount raising
1.5M
Monthly revenue range
€1K - €5K
Location
Noord-Holland
Industry
DeFi, InsurTech, Blockchain, Insurance

Premium Details Available

  • Growth rate (month over month)
  • Contextual explanation on monthly revenues
  • Number of paying customers
  • Number of active users
  • Percentage of company owned by founders
  • Year founded
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Premium Details

(Data is self reported and not always complete)
Growth rate month over month
>16%
Monthly revenue context
We've just started to gain traction. Going from 2 covers sold in september (after deploying mainnet) to 70+ covers today.
Number of paying customers
71
Number of active users
1200
Percentage of company owned by founders
<50% owned by founders
Year founded
2021

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