What is Lightricks?
Founded in 2013 and headquartered in Jerusalem, Israel, Lightricks is renowned for its suite of powerful mobile editing tools, most notably its selfie-editing application, Facetune. The company operates within the competitive digital content creation market, providing sophisticated yet user-friendly applications that empower individuals and professionals alike to produce high-quality visual content. Lightricks' commitment to innovation and user experience has positioned it as a leader in the mobile app development space, attracting a significant user base and substantial investment.
How much funding has Lightricks raised?
Lightricks has raised a total of $335M across 4 funding rounds:
Series A
$10M
Series B
$60M
Series C
$135M
Series D
$130M
Series A (2015): $10M with participation from Viola Ventures and Viola Group
Series B (2018): $60M led by Insight Partners
Series C (2019): $135M supported by Goldman Sachs Private Capital
Series D (2021): $130M featuring Insight Partners, Greycroft Partners, Claltech, Goldman Sachs, Hanaco, and Harel Insurance Investments & Financial Services
Key Investors in Lightricks
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. They focus on providing operational support and strategic guidance to help their portfolio companies scale effectively.
Greycroft Partners
Greycroft is a venture capital firm specializing in investments within the internet and mobile technology sectors. They leverage their extensive network to support entrepreneurs in building successful businesses and gaining market visibility.
Goldman Sachs
Goldman Sachs is a leading global financial institution providing investment banking, securities, and investment management services. They are known for their significant capital allocation and strategic advisory to growth-stage companies.
What's next for Lightricks?
The recent major strategic investment in Lightricks signals a strong confidence from its backers in the company's future trajectory. This capital infusion is expected to fuel further research and development, enabling Lightricks to introduce next-generation editing features and potentially explore new market segments. Strategic partnerships and acquisitions may also be on the horizon as the company seeks to consolidate its market position and expand its technological capabilities. Lightricks is poised for continued expansion, leveraging its robust platform and innovative approach to creative software.
See full Lightricks company page
