Lightspeed

New York, United States Founded: 2006 • Age: 20 yrs Acquired By Wedbush Capital
Online platform for stocks and options trading is offered.
Annual revenue - Latest available
Total funding $11.6M 5 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Lightspeed

Lightspeed is a company based in New York (United States) founded in 2006 was acquired by Wedbush Capital in May 2018. It operates as a Commission-Based and Subscription Services. Lightspeed has raised $11.6 million across 5 funding rounds from investors including LLR Partners, Tudor Ventures and Wedbush Capital. Lightspeed has completed 2 acquisitions, including Lime Brokerage and Terra Nova Financial. Lightspeed offers products and services including Lightspeed Trader Pro, Stocks & ETFs Trading, Options Trading, and Futures Trading. Lightspeed operates in a competitive market with competitors including Public, Interactive Brokers, TD Ameritrade, Tiger Brokers and Tastytrade, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Lightspeed Financial Services Group Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $6 M (USD), Series B

    Oct 12, 2012

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Wedbush Capital

    (May 01, 2018)

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Products & Services of Lightspeed

Lightspeed offers a comprehensive portfolio of products and services, including Lightspeed Trader Pro, Stocks & ETFs Trading, Options Trading, and Futures Trading.

Product name locked
Category locked
Primary

Advanced platform for equity and options trading provided.

Product name locked
Category locked
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Trading services for stocks and ETFs are offered.

Product name locked
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Options trading services are provided to active traders.

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Futures trading platforms and services are made available.

People of Lightspeed

Headcount 500-1000
Employee Profiles 26
Employee Profiles
People
Jose Roncero
Creative Director
People
Joe Minton
EVP, Institutional Trading
People
Farid Naib
Ceo,
People
Ellen Wile
Chief Project Officer

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Funding Insights of Lightspeed

Lightspeed has successfully raised a total of $11.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in October 2012. 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 Lightspeed

Lightspeed has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include LLR Partners, Tudor Ventures and Wedbush Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm investing in technology and healthcare businesses for growth capital.
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Investor details for Lightspeed

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Lightspeed

Lightspeed has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lime Brokerage and Terra Nova Financial.

Investments
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Investment portfolio details for Lightspeed

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of financial services for investment industry
Locked Locked 2000 Locked
Risk management services are provided to financial clients.
Locked Locked 1999 Locked
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Complete acquisition details for Lightspeed

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Lightspeed

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Detailed financials for Lightspeed

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  • Historical revenue
  • Profit trends
  • Statement rows
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Lightspeed Comparisons

Lightspeed Primary company
Description
Online platform for stocks and options trading is offered.
Location
New York, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lightspeed

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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Competitors of Lightspeed

Lightspeed 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 Public, Interactive Brokers, TD Ameritrade, Tiger Brokers and Tastytrade, among others.

Company Name Domain Founded year HQ Location Description
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Multi-asset investments are facilitated for individual users through a platform.
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Provider of online brokerage services and trading platforms
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Online trading in stocks, forex, futures, and ETFs is facilitated.
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Online trading of stocks, securities, and options is enabled.
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Online platform publishing content focusing on investment
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Branding, employee engagement, and marketing services are provided by Avenue.
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Detailed competitors of Lightspeed

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Lightspeed

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Complete news archive for Lightspeed

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lightspeed

Lightspeed was founded in 2006 and raised its 1st funding round 3 years after it was founded.

Lightspeed is headquartered in New York, United States. It is registered at New York, New York, United States.

Farid Naib is the current CEO of Lightspeed.

Lightspeed is a funded company, having raised a total of $11.6M across 5 funding rounds to date.

Lightspeed, operated by Lightspeed Financial Services Group LLC, is established as a brokerage provider catering to sophisticated traders. Services are focused on trading platforms for equities, options, and futures. Customizable tools and risk management software are provided to enhance trading performance. The company operates in the financial sector, offering multiple platforms like Lightspeed Trader Pro with advanced order management features. Support and educational resources are also made available to clients for better market engagement.

Lightspeed's top competitors include Public, Tastytrade and Tiger Brokers.

Lightspeed offers Lightspeed Trader Pro, Stocks & ETFs Trading, Options Trading, and Futures Trading.

Lightspeed has made 2 acquisitions, including Lime Brokerage, and Terra Nova Financial.

Lightspeed has 3 investors. Key investors include LLR Partners, Tudor Ventures, and Wedbush Capital.

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