About Lighter
Lighter is a company based in Boston (United States) founded in 2013.. Lighter has raised $5.91 million across 5 funding rounds from investors including New Crop Capital. Lighter operates in a competitive market with competitors including Yummly, AnyList, ZipList, PlateJoy and Gojee, among others.
- Headquarter Boston, United States
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Sectors
ConsumerRetail
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.91 M (USD)
in 5 rounds
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Latest Funding Round
$1.73 M (USD), Series A
Sep 25, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of Lighter
Lighter has successfully raised a total of $5.91M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.73 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $1.7M
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First Round
First Round
(18 Dec 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Lighter | Valuation |
investors |
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| Jul, 2018 | Amount | Series A - Lighter | Valuation |
investors |
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| Jun, 2015 | Amount | Seed - Lighter | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lighter
Lighter has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include New Crop Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed & Early stage tech-focused VC firm funding companies in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lighter
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lighter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lighter Comparisons
Competitors of Lighter
Lighter operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yummly, AnyList, ZipList, PlateJoy and Gojee, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personalized recipe recommendations are provided based on user data points.
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| domain | founded_year | HQ Location |
App based platform for grocery shopping list
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| domain | founded_year | HQ Location |
Customizable grocery lists and recipe boxes are managed across devices.
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| domain | founded_year | HQ Location |
Online platform offering personalized shoppable food recipes
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| domain | founded_year | HQ Location |
Online recipes from global bloggers are aggregated and personalized.
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| domain | founded_year | HQ Location |
Cooklist is developed as a meal planning and grocery shopping app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lighter
When was Lighter founded?
Lighter was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Lighter located?
Lighter is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Lighter a funded company?
Lighter is a funded company, having raised a total of $5.91M across 5 funding rounds to date.
What does Lighter do?
Lighter was founded in 2013 in Boston, United States, as a platform in the food technology sector. Grocery list building and recipe recommendations are provided through three membership plans: Exploring, Empowered, and Elevated. Services include personalized meal suggestions, menu and shopping lists, nutritional recipe analysis, cooking videos, food guidance, and staff interactions, varying by plan. The Empowered plan is priced at USD 14 per month or USD 99 annually.
Who are the top competitors of Lighter?
Who are Lighter's investors?
Lighter has 1 investor. Key investors include New Crop Capital.