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Bright Horizons Children's Centers, Inc. was founded in 1986 by Linda A. Mason and Roger H. Brown. [2] Mason and Brown's Cambridge home was used as the company headquarters. In 1987, the first two Bright Horizons child care centers were opened at the Prudential Center in Boston and at One Kendall Square in Cambridge, both on the same day.
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Bright Health became Minnesota's first "unicorn" when it reached a valuation of $1 billion. [1] G. Mike Mikan became the company's CEO in April 2020. [29] In 2020, the company promoted former Periscope CEO, Liz Ross, to the post of new chief marketing officer. [30] Bright Health raised $500 million in Series E funding in September 2020. [25]