Brightwheel, created by Dave Vasen in 2014, simplifies management and communication for preschools and daycare centers. In 2016, Vasen secured $600,000 from Mark Cuban and Chris Sacca on Shark Tank, which boosted the company’s growth.
By 2021, Brightwheel raised $55 million in Series C funding, bringing total investments to $88.8 million and valuing the company at $600 million. In 2023, it expanded by acquiring Experience Early Learning, enhancing its educational offerings.
With over 25,000 schools using Brightwheel, it continues to lead the early education space, employing nearly 500 people and helping shape the future of childhood learning.
Brightwheel Net Worth
| Net worth | $600 Million (2025) |
| Annual Sales Revenue | $37.5 Million |
| Investors | Mark Cuban and Chris Sacca |
| Founder | Dave Vasen |
| Employees | 140 employees |
Brightwheel Pitch on Shark Tank
| Company name | Brightwheel |
| Product | Platform tool for early education |
| Episode | Season 07 Episode 26 |
| Founder | Dave Vasen |
| Asked for | $400,000 for 4% equity |
| Final deal | $600,000 for 6.67% |
| Sharks | Mark Cuban and Chris Sacca |
| Location | San Francisco, California, United States |
Brightwheel Founder
Brightwheel was founded by Dave Vasen in 2014. He made this app after becoming a father. He wants to ease the challenges parents face in staying connected with their children’s education.
Brightwheel’s founder, Dave Vasen, has a net worth of USD 600k as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2023 | Brightwheel has partnerships with several leading early education organizations |
| 2022 | Brightwheel has received positive media coverage from Forbes, and TechCrunch |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Spretz and its continued success.
