diff --git a/CODEOWNERS b/CODEOWNERS
index 3fa7fd169a..87e1951044 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -41,6 +41,7 @@ esphome/components/ble_client/* @buxtronix
 esphome/components/bluetooth_proxy/* @jesserockz
 esphome/components/bme680_bsec/* @trvrnrth
 esphome/components/bmp3xx/* @martgras
+esphome/components/bp5758d/* @Cossid
 esphome/components/button/* @esphome/core
 esphome/components/canbus/* @danielschramm @mvturnho
 esphome/components/cap1188/* @MrEditor97
diff --git a/esphome/components/bp5758d/__init__.py b/esphome/components/bp5758d/__init__.py
new file mode 100644
index 0000000000..eeeab2a1bd
--- /dev/null
+++ b/esphome/components/bp5758d/__init__.py
@@ -0,0 +1,33 @@
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome import pins
+from esphome.const import (
+    CONF_CLOCK_PIN,
+    CONF_DATA_PIN,
+    CONF_ID,
+)
+
+CODEOWNERS = ["@Cossid"]
+MULTI_CONF = True
+
+AUTO_LOAD = ["output"]
+bp5758d_ns = cg.esphome_ns.namespace("bp5758d")
+BP5758D = bp5758d_ns.class_("BP5758D", cg.Component)
+
+CONFIG_SCHEMA = cv.Schema(
+    {
+        cv.GenerateID(): cv.declare_id(BP5758D),
+        cv.Required(CONF_DATA_PIN): pins.gpio_output_pin_schema,
+        cv.Required(CONF_CLOCK_PIN): pins.gpio_output_pin_schema,
+    }
+).extend(cv.COMPONENT_SCHEMA)
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+    await cg.register_component(var, config)
+
+    data = await cg.gpio_pin_expression(config[CONF_DATA_PIN])
+    cg.add(var.set_data_pin(data))
+    clock = await cg.gpio_pin_expression(config[CONF_CLOCK_PIN])
+    cg.add(var.set_clock_pin(clock))
diff --git a/esphome/components/bp5758d/bp5758d.cpp b/esphome/components/bp5758d/bp5758d.cpp
new file mode 100644
index 0000000000..111fd6b68e
--- /dev/null
+++ b/esphome/components/bp5758d/bp5758d.cpp
@@ -0,0 +1,147 @@
+#include "bp5758d.h"
+#include "esphome/core/log.h"
+
+namespace esphome {
+namespace bp5758d {
+
+static const char *const TAG = "bp5758d";
+
+static const uint8_t BP5758D_MODEL_ID = 0b10000000;
+static const uint8_t BP5758D_ADDR_STANDBY = 0b00000000;
+// Note, channel start address seems ambiguous and mis-translated.
+// Documentation states all are "invalid sleep"
+// All 3 values appear to activate all 5 channels.  Using the mapping
+// from BP1658CJ ordering since it won't break anything.
+static const uint8_t BP5758D_ADDR_START_3CH = 0b00010000;
+static const uint8_t BP5758D_ADDR_START_2CH = 0b00100000;
+static const uint8_t BP5758D_ADDR_START_5CH = 0b00110000;
+static const uint8_t BP5758D_ALL_DATA_CHANNEL_ENABLEMENT = 0b00011111;
+
+void BP5758D::setup() {
+  ESP_LOGCONFIG(TAG, "Setting up BP5758D Output Component...");
+  this->data_pin_->setup();
+  this->data_pin_->digital_write(false);
+  this->clock_pin_->setup();
+  this->clock_pin_->digital_write(false);
+  this->channel_current_.resize(5, 0);
+  this->pwm_amounts_.resize(5, 0);
+}
+void BP5758D::dump_config() {
+  ESP_LOGCONFIG(TAG, "BP5758D:");
+  LOG_PIN("  Data Pin: ", this->data_pin_);
+  LOG_PIN("  Clock Pin: ", this->clock_pin_);
+}
+
+void BP5758D::loop() {
+  if (!this->update_)
+    return;
+
+  uint8_t data[17];
+  if (this->pwm_amounts_[0] == 0 && this->pwm_amounts_[1] == 0 && this->pwm_amounts_[2] == 0 &&
+      this->pwm_amounts_[3] == 0 && this->pwm_amounts_[4] == 0) {
+    // Off / Sleep
+    data[0] = BP5758D_MODEL_ID + BP5758D_ADDR_STANDBY;
+    for (int i = 1; i < 16; i++)
+      data[i] = 0;
+    this->write_buffer_(data, 17);
+  } else if (this->pwm_amounts_[0] == 0 && this->pwm_amounts_[1] == 0 && this->pwm_amounts_[2] == 0 &&
+             (this->pwm_amounts_[3] > 0 || this->pwm_amounts_[4] > 0)) {
+    // Only data on white channels
+    data[0] = BP5758D_MODEL_ID + BP5758D_ADDR_START_2CH;
+    data[1] = BP5758D_ALL_DATA_CHANNEL_ENABLEMENT;
+    data[2] = 0;
+    data[3] = 0;
+    data[4] = 0;
+    data[5] = this->pwm_amounts_[3] > 0 ? correct_current_level_bits_(this->channel_current_[3]) : 0;
+    data[6] = this->pwm_amounts_[4] > 0 ? correct_current_level_bits_(this->channel_current_[4]) : 0;
+    for (int i = 7, j = 0; i <= 15; i += 2, j++) {
+      data[i] = this->pwm_amounts_[j] & 0x1F;
+      data[i + 1] = (this->pwm_amounts_[j] >> 5) & 0x1F;
+    }
+    this->write_buffer_(data, 17);
+  } else if ((this->pwm_amounts_[0] > 0 || this->pwm_amounts_[1] > 0 || this->pwm_amounts_[2] > 0) &&
+             this->pwm_amounts_[3] == 0 && this->pwm_amounts_[4] == 0) {
+    // Only data on RGB channels
+    data[0] = BP5758D_MODEL_ID + BP5758D_ADDR_START_3CH;
+    data[1] = BP5758D_ALL_DATA_CHANNEL_ENABLEMENT;
+    data[2] = this->pwm_amounts_[0] > 0 ? correct_current_level_bits_(this->channel_current_[0]) : 0;
+    data[3] = this->pwm_amounts_[1] > 0 ? correct_current_level_bits_(this->channel_current_[1]) : 0;
+    data[4] = this->pwm_amounts_[2] > 0 ? correct_current_level_bits_(this->channel_current_[2]) : 0;
+    data[5] = 0;
+    data[6] = 0;
+    for (int i = 7, j = 0; i <= 15; i += 2, j++) {
+      data[i] = this->pwm_amounts_[j] & 0x1F;
+      data[i + 1] = (this->pwm_amounts_[j] >> 5) & 0x1F;
+    }
+    this->write_buffer_(data, 17);
+  } else {
+    // All channels
+    data[0] = BP5758D_MODEL_ID + BP5758D_ADDR_START_5CH;
+    data[1] = BP5758D_ALL_DATA_CHANNEL_ENABLEMENT;
+    data[2] = this->pwm_amounts_[0] > 0 ? correct_current_level_bits_(this->channel_current_[0]) : 0;
+    data[3] = this->pwm_amounts_[1] > 0 ? correct_current_level_bits_(this->channel_current_[1]) : 0;
+    data[4] = this->pwm_amounts_[2] > 0 ? correct_current_level_bits_(this->channel_current_[2]) : 0;
+    data[5] = this->pwm_amounts_[3] > 0 ? correct_current_level_bits_(this->channel_current_[3]) : 0;
+    data[6] = this->pwm_amounts_[4] > 0 ? correct_current_level_bits_(this->channel_current_[4]) : 0;
+    for (int i = 7, j = 0; i <= 15; i += 2, j++) {
+      data[i] = this->pwm_amounts_[j] & 0x1F;
+      data[i + 1] = (this->pwm_amounts_[j] >> 5) & 0x1F;
+    }
+    this->write_buffer_(data, 17);
+  }
+
+  this->update_ = false;
+}
+
+uint8_t BP5758D::correct_current_level_bits_(uint8_t current) {
+  // Anything below 64 uses normal bitmapping.
+  if (current < 64) {
+    return current;
+  }
+
+  // Anything above 63 needs to be offset by +34 because the driver remaps bit 7 (normally 64) to 30.
+  // (no idea why(!) but it is documented)
+  // Example:
+  // integer 64 would normally put out 0b01000000 but here 0b01000000 = 30 whereas everything lower
+  // is normal, so we add 34 to the integer where
+  // integer 98 = 0b01100010 which is 30 (7th bit adjusted) + 34 (1st-6th bits).
+  return current + 34;
+}
+
+void BP5758D::set_channel_value_(uint8_t channel, uint16_t value) {
+  if (this->pwm_amounts_[channel] != value) {
+    this->update_ = true;
+    this->update_channel_ = channel;
+  }
+  this->pwm_amounts_[channel] = value;
+}
+
+void BP5758D::set_channel_current_(uint8_t channel, uint8_t current) { this->channel_current_[channel] = current; }
+
+void BP5758D::write_bit_(bool value) {
+  this->clock_pin_->digital_write(false);
+  this->data_pin_->digital_write(value);
+  this->clock_pin_->digital_write(true);
+}
+
+void BP5758D::write_byte_(uint8_t data) {
+  for (uint8_t mask = 0x80; mask; mask >>= 1) {
+    this->write_bit_(data & mask);
+  }
+  this->clock_pin_->digital_write(false);
+  this->data_pin_->digital_write(true);
+  this->clock_pin_->digital_write(true);
+}
+
+void BP5758D::write_buffer_(uint8_t *buffer, uint8_t size) {
+  this->data_pin_->digital_write(false);
+  for (uint32_t i = 0; i < size; i++) {
+    this->write_byte_(buffer[i]);
+  }
+  this->clock_pin_->digital_write(false);
+  this->clock_pin_->digital_write(true);
+  this->data_pin_->digital_write(true);
+}
+
+}  // namespace bp5758d
+}  // namespace esphome
diff --git a/esphome/components/bp5758d/bp5758d.h b/esphome/components/bp5758d/bp5758d.h
new file mode 100644
index 0000000000..cc7cc3d5f8
--- /dev/null
+++ b/esphome/components/bp5758d/bp5758d.h
@@ -0,0 +1,64 @@
+#pragma once
+
+#include "esphome/core/component.h"
+#include "esphome/core/hal.h"
+#include "esphome/components/output/float_output.h"
+#include <vector>
+
+namespace esphome {
+namespace bp5758d {
+
+class BP5758D : public Component {
+ public:
+  class Channel;
+
+  void set_data_pin(GPIOPin *data_pin) { data_pin_ = data_pin; }
+  void set_clock_pin(GPIOPin *clock_pin) { clock_pin_ = clock_pin; }
+
+  void setup() override;
+
+  void dump_config() override;
+
+  float get_setup_priority() const override { return setup_priority::HARDWARE; }
+
+  /// Send new values if they were updated.
+  void loop() override;
+
+  class Channel : public output::FloatOutput {
+   public:
+    void set_parent(BP5758D *parent) { parent_ = parent; }
+    void set_channel(uint8_t channel) { channel_ = channel; }
+    void set_current(uint8_t current) { current_ = current; }
+
+   protected:
+    void write_state(float state) override {
+      auto amount = static_cast<uint16_t>(state * 0x3FF);
+      // We're enforcing channels start at 1 to mach OUT1-OUT5, we must adjust
+      // to our 0-based array internally here by subtracting 1.
+      this->parent_->set_channel_value_(this->channel_ - 1, amount);
+      this->parent_->set_channel_current_(this->channel_ - 1, this->current_);
+    }
+
+    BP5758D *parent_;
+    uint8_t channel_;
+    uint8_t current_;
+  };
+
+ protected:
+  uint8_t correct_current_level_bits_(uint8_t current);
+  void set_channel_value_(uint8_t channel, uint16_t value);
+  void set_channel_current_(uint8_t channel, uint8_t current);
+  void write_bit_(bool value);
+  void write_byte_(uint8_t data);
+  void write_buffer_(uint8_t *buffer, uint8_t size);
+
+  GPIOPin *data_pin_;
+  GPIOPin *clock_pin_;
+  uint8_t update_channel_;
+  std::vector<uint8_t> channel_current_;
+  std::vector<uint16_t> pwm_amounts_;
+  bool update_{true};
+};
+
+}  // namespace bp5758d
+}  // namespace esphome
diff --git a/esphome/components/bp5758d/output.py b/esphome/components/bp5758d/output.py
new file mode 100644
index 0000000000..d0083fb33f
--- /dev/null
+++ b/esphome/components/bp5758d/output.py
@@ -0,0 +1,29 @@
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome.components import output
+from esphome.const import CONF_CHANNEL, CONF_ID, CONF_CURRENT
+from . import BP5758D
+
+DEPENDENCIES = ["bp5758d"]
+
+Channel = BP5758D.class_("Channel", output.FloatOutput)
+
+CONF_BP5758D_ID = "bp5758d_id"
+CONFIG_SCHEMA = output.FLOAT_OUTPUT_SCHEMA.extend(
+    {
+        cv.GenerateID(CONF_BP5758D_ID): cv.use_id(BP5758D),
+        cv.Required(CONF_ID): cv.declare_id(Channel),
+        cv.Required(CONF_CHANNEL): cv.int_range(min=1, max=5),
+        cv.Optional(CONF_CURRENT, default=10): cv.int_range(min=0, max=90),
+    }
+).extend(cv.COMPONENT_SCHEMA)
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+    await output.register_output(var, config)
+
+    parent = await cg.get_variable(config[CONF_BP5758D_ID])
+    cg.add(var.set_parent(parent))
+    cg.add(var.set_channel(config[CONF_CHANNEL]))
+    cg.add(var.set_current(config[CONF_CURRENT]))
diff --git a/tests/test1.yaml b/tests/test1.yaml
index b8951c9817..7453946594 100644
--- a/tests/test1.yaml
+++ b/tests/test1.yaml
@@ -1465,6 +1465,10 @@ my9231:
   num_chips: 2
   bit_depth: 16
 
+bp5758d:
+  data_pin: GPIO3
+  clock_pin: GPIO5
+
 output:
   - platform: gpio
     pin: GPIO26
@@ -1626,6 +1630,26 @@ output:
     vref: internal
     gain: X2
     power_down: gnd_500k
+  - platform: bp5758d
+    id: bp5758d_red
+    channel: 2
+    current: 10
+  - platform: bp5758d
+    id: bp5758d_green
+    channel: 3
+    current: 10
+  - platform: bp5758d
+    id: bp5758d_blue
+    channel: 1
+    current: 10
+  - platform: bp5758d
+    id: bp5758d_coldwhite
+    channel: 5
+    current: 10
+  - platform: bp5758d
+    id: bp5758d_warmwhite
+    channel: 4
+    current: 10
 
 e131: