Lightning Labs

San Francisco, United States Founded: 2016 • Age: 10 yrs
Software for the Lightning Network is developed by Lightning Labs.
Annual revenue - Latest available
Total funding $82.5M 3 rounds
Employees - Tracked headcount
Investors 23 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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Products & Services of Lightning Labs

Lightning Labs offers a comprehensive portfolio of products and services, including Lightning Terminal and Lightning Network Daemon.

Product name locked
Category locked
Primary

A web UI for managing Lightning node operations.

Product name locked
Category locked
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Core software for running Lightning Network nodes.

People of Lightning Labs

Headcount 10-50
Employee Profiles 23
Employee Profiles
People
Michael Levin
Head of Product Growth
People
Olaoluwa Osuntokun
CTO
People
Elizabeth Stark
CEO & Co-Founder
People
Jamal James
Senior Lead Frontend Engineer

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity firm
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Tech companies are invested in by Goldcrest VC fund.
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Kingsway Capital is engaged in providing investment management services.
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Investor details for Lightning Labs

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Lightning Labs

Investments
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Investment portfolio details for Lightning Labs

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Lightning Labs

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Detailed financials for Lightning Labs

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  • Profit trends
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Lightning Labs Comparisons

Lightning Labs Primary company
Description
Software for the Lightning Network is developed by Lightning...
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lightning Labs

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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.

Company Name Domain Founded year HQ Location Description
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Blockchain-based platform is developed for crypto-financial infrastructure.
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Decentralized network platform for Ethereum
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Infrastructure as a service via virtual chains
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Blockchain infrastructure for sidechain applications is provided.
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Multiple cryptocurrency financial services are provided via decentralized platforms.
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Detailed competitors of Lightning Labs

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Latest news on Lightning Labs

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Complete news archive for Lightning Labs

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Frequently Asked Questions about Lightning Labs

Lightning Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Lightning Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Lightning Labs is a funded company, having raised a total of $82.5M across 3 funding rounds to date.

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.

Lightning Labs's top competitors include Blockstream, Boba and Orbs.

Lightning Labs offers Lightning Terminal and Lightning Network Daemon.

Lightning Labs has 23 investors. Key investors include NYDIG, Digital Currency Group, Ribbit Capital, Valor Equity Partners, and Baillie Gifford.

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