Lightly

Zurich, Switzerland Founded: 2018 • Age: 8 yrs
Data preparation solutions for machine learning are provided by Lightly.

About Lightly

Lightly is a company based in Zurich (Switzerland) founded in 2018. It operates as a SaaS (Software-as-a-Service). Lightly has raised $3.13 million across 2 funding rounds from investors including Founderful and Y Combinator. Lightly offers products and services including LightlyOne, LightlyEdge, and LightlyTrain. Lightly operates in a competitive market with competitors including Tamr, Paxata, Voyage AI, DatologyAI and Cornerstone, among others.

  • Headquarter Zurich, Switzerland
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lightly Ag
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.13 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    May 12, 2022

  • Investors
    Founderful

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Lightly

Lightly offers a comprehensive portfolio of products and services, including LightlyOne, LightlyEdge, and LightlyTrain. 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.

Primary

Data curation is automated for computer vision applications.

AI data collection is optimized for edge devices.

Vision models are pretrained without needing labeled data.

People of Lightly
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Igor Susmelj
Co-Founder
People
Marc Peterson
Business Developer
People
Matthias Heller
Co-Founder
People
Michal Szabados
Staff Software Engineer

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Funding Insights of Lightly

Lightly has successfully raised a total of $3.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in May 2022. 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 Rounds 2
  • Last Round Seed — $3.0M
  • First Round

    (19 Aug 2021)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Seed - Lightly Valuation Founderful
Aug, 2021 Amount Seed - Lightly Valuation Y Combinator
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lightly

Lightly has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Founderful and Y Combinator. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are made in early-stage Swiss startups.
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lightly

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Lightly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lightly Comparisons

Employees
+
Add Comparison
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Competitors of Lightly

Lightly 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 Tamr, Paxata, Voyage AI, DatologyAI and Cornerstone, 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
AI-powered platform is utilized for real-time data quality monitoring.
domain founded_year HQ Location
Raw data is transformed into analytics-ready formats for AI applications.
domain founded_year HQ Location
AI embedding models and rerankers for search retrieval are provided.
domain founded_year HQ Location
Automated data curation is provided for GenAI models across modalities.
domain founded_year HQ Location
Subscription-based delivery of shaving supplies and skincare is offered.
domain founded_year HQ Location
Cloud-based performance management solutions are offered for employees.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lightly

Technology Fund welcomes new startups
Startupticker1 year ago
Lightly Raises $3M in Seed Funding
Finsmes3 years ago

Frequently Asked Questions about Lightly

When was Lightly founded?

Lightly was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Lightly located?

Lightly is headquartered in Zurich, Switzerland.

Is Lightly a funded company?

Lightly is a funded company, having raised a total of $3.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Aug 19, 2021.

What does Lightly do?

Lightly is engaged in providing computer vision solutions for machine learning teams. The company offers tools for data curation, model pretraining, and edge AI deployment. Solutions like LightlyOne, LightlyEdge, and LightlyTrain are designed to address challenges in dataset management and smart data collection. Industries served include retail, agriculture, automotive, defense, government, manufacturing, healthcare, and security. The focus is on building production-ready AI systems efficiently across various sectors.

Who are the top competitors of Lightly?

Lightly's top competitors include Lattice, Tamr and Paxata.

What products or services does Lightly offer?

Lightly offers LightlyOne, LightlyEdge, and LightlyTrain.

Who are Lightly's investors?

Lightly has 2 investors. Key investors include Founderful, and Y Combinator.

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