About LightForce
LightForce is a company based in Burlington (United States) founded in 2015 by Lou Shuman and Alfred Griffin.. LightForce has raised $144 million across 3 funding rounds from investors including Kleiner Perkins, Ally Bridge Group and Transformation Capital. The company has 86 employees as of December 31, 2021. LightForce offers products and services including LightForce Hardware, LightForce Software, and LightTray. LightForce operates in a competitive market with competitors including Ulab Systems, Grin, Allisone, Zuub and ArchForm, among others.
- Headquarter Burlington, United States
- Employees 86 as on 31 Dec, 2021
- Founders Lou Shuman, Alfred Griffin
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Sectors
Healthcare
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Email
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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
$144 M (USD)
in 3 rounds
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Latest Funding Round
$80 M (USD), Series D
Aug 02, 2023
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Investors
Kleiner Perkins
& 10 more
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Employee Count
86
as on Dec 31, 2021
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Products & Services of LightForce
LightForce offers a comprehensive portfolio of products and services, including LightForce Hardware, LightForce Software, and LightTray. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom 3D printed braces for personalized patient treatment.
Web-based platform for creating and adjusting orthodontic plans.
Patient-specific trays for accurate indirect bonding of braces.
Funding Insights of LightForce
LightForce has successfully raised a total of $144M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $80 million completed in August 2023. 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 3
- Last Round Series D — $80.0M
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First Round
First Round
(09 Sep 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series D - LightForce | Valuation | Ally Bridge Group , Transformation Capital | |
| Nov, 2021 | Amount | Series C - LightForce | Valuation | Kleiner Perkins | |
| Sep, 2020 | Amount | Series B - LightForce | Valuation | Tyche Partners , AM Ventures |
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| 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 LightForce
LightForce has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Ally Bridge Group and Transformation 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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Private equity and hedge fund investments in healthcare are managed.
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Founded Year | Domain | Location | |
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Healthcare startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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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 LightForce
| 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 - LightForce
| 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 |
Lightforce Comparisons
Competitors of LightForce
LightForce 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 Ulab Systems, Grin, Allisone, Zuub and ArchForm, 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 |
Digital dental treatment planning software is provided for orthodontists.
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| domain | founded_year | HQ Location |
Cryptocurrency and decentralized P2P payments are enabled by Grin's network.
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| domain | founded_year | HQ Location |
Patient engagement and communication are enabled by AI for dentists.
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| domain | founded_year | HQ Location |
Software-based solutions for dental therapy plans are provided.
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| domain | founded_year | HQ Location |
Dental aligners are designed via 3D software for treatment planning.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Lightforce
Frequently Asked Questions about LightForce
When was LightForce founded?
LightForce was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is LightForce located?
LightForce is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Who is the current CEO of LightForce?
Alfred Griffin is the current CEO of LightForce. They have also founded this company.
Is LightForce a funded company?
LightForce is a funded company, having raised a total of $144M across 3 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Sep 09, 2020.
How many employees does LightForce have?
As of Dec 31, 2021, the latest employee count at LightForce is 86.
What does LightForce do?
Founded in 2015 and based in Burlington, United States, LightForce operates in the health technology sector focused on orthodontics. Customized 3D printed tools and a web-based platform are developed for orthodontists to create, adjust, and manage patient treatment plans. Operations emphasize integration of digital planning with physical tools to support clinical workflows.
Who are the top competitors of LightForce?
LightForce's top competitors include Ulab Systems, Zuub and ArchForm.
What products or services does LightForce offer?
LightForce offers LightForce Hardware, LightForce Software, and LightTray.
Who are LightForce's investors?
LightForce has 11 investors. Key investors include Kleiner Perkins, Ally Bridge Group, Transformation Capital, Care Capital, and Omega Venture Partners.