About Lightning Labs
Lightning Labs is a company based in San Francisco (United States) founded in 2016 by Olaoluwa Osuntokun and Elizabeth Stark. It operates as a API-as-a-Product, and Open Source Software. Lightning Labs has raised $82.5 million across 3 funding rounds from investors including NYDIG, Digital Currency Group and Ribbit Capital. Lightning Labs offers products and services including Lightning Terminal and Lightning Network Daemon. Lightning Labs operates in a competitive market with competitors including Blockstream, Boba, Orbs, Horizen Labs and Gnosis, among others.
- Headquarter San Francisco, United States
- Founders Olaoluwa Osuntokun, Elizabeth Stark
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$82.5 M (USD)
in 3 rounds
-
Latest Funding Round
$70 M (USD), Series B
Apr 05, 2022
-
Investors
NYDIG
& 22 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Lightning Labs
Lightning Labs offers a comprehensive portfolio of products and services, including Lightning Terminal and Lightning Network Daemon. 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.
A web UI for managing Lightning node operations.
Core software for running Lightning Network nodes.
Unlock access to complete
Funding Insights of Lightning Labs
Lightning Labs has successfully raised a total of $82.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $70 million completed in April 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 Funding
- Total Rounds 3
- Last Round Series B — $70.0M
-
First Round
First Round
(15 Mar 2018)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - Lightning Labs | Valuation | Valor Equity Partners | |
| Feb, 2020 | Amount | Series A - Lightning Labs | Valuation | Craft Ventures | |
| Mar, 2018 | Amount | Seed - Lightning Labs | Valuation | The Hive , Digital Currency Group |
| 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 Lightning Labs
Lightning Labs has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include NYDIG, Digital Currency Group and Ribbit 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 |
|---|---|---|---|---|
|
Private equity firm
|
Founded Year | Domain | Location | |
|
Tech companies are invested in by Goldcrest VC fund.
|
Founded Year | Domain | Location | |
|
Kingsway Capital is engaged in providing investment management services.
|
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 Lightning Labs
| 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 - Lightning Labs
| 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 |
Lightning Labs Comparisons
Competitors of Lightning Labs
Lightning Labs 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 Blockstream, Boba, Orbs, Horizen Labs and Gnosis, 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 |
Blockchain-based platform is developed for crypto-financial infrastructure.
|
|
| domain | founded_year | HQ Location |
Decentralized network platform for Ethereum
|
|
| domain | founded_year | HQ Location |
Infrastructure as a service via virtual chains
|
|
| domain | founded_year | HQ Location |
Blockchain infrastructure for sidechain applications is provided.
|
|
| domain | founded_year | HQ Location |
Multiple cryptocurrency financial services are provided via decentralized platforms.
|
| 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 Lightning Labs
Frequently Asked Questions about Lightning Labs
When was Lightning Labs founded?
Lightning Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Lightning Labs located?
Lightning Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Lightning Labs a funded company?
Lightning Labs is a funded company, having raised a total of $82.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Mar 15, 2018.
What does Lightning Labs do?
Software solutions for the Lightning Network, a layer-two Bitcoin scaling system, are provided by Lightning Labs. Focus is placed on creating open source, secure, and scalable systems that enable efficient money transfers. Non-custodial financial services based on Lightning technology are also offered. The bridging of open source software with next-generation Bitcoin financial tools is facilitated. Sectors such as blockchain and cryptocurrency infrastructure are primarily targeted.
Who are the top competitors of Lightning Labs?
Lightning Labs's top competitors include Blockstream, Boba and Orbs.
What products or services does Lightning Labs offer?
Lightning Labs offers Lightning Terminal and Lightning Network Daemon.
Who are Lightning Labs's investors?
Lightning Labs has 23 investors. Key investors include NYDIG, Digital Currency Group, Ribbit Capital, Valor Equity Partners, and Baillie Gifford.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.