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
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lightspeed Financial Services Group Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.6 M (USD)
in 5 rounds
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Latest Funding Round
$6 M (USD), Series B
Oct 12, 2012
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Investors
LLR Partners
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Lime Brokerage
& 1 more
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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. 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.
Advanced platform for equity and options trading provided.
Trading services for stocks and ETFs are offered.
Options trading services are provided to active traders.
Futures trading platforms and services are made available.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $6.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2012 | Amount | Series B - Lightspeed | Valuation |
investors |
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| Oct, 2010 | Amount | Series A - Lightspeed | Valuation | LLR Partners |
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| Jun, 2010 | Amount | Debt – Conventional - Lightspeed | Valuation |
investors |
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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 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. 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 firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location | |
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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 Lightspeed
Lightspeed has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lime Brokerage and Terra Nova Financial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of financial services for investment industry
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2000 | ||||
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Risk management services are provided to financial clients.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lightspeed
| 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 |
Lightspeed Comparisons
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. 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 |
Multi-asset investments are facilitated for individual users through a platform.
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| domain | founded_year | HQ Location |
Provider of online brokerage services and trading platforms
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| domain | founded_year | HQ Location |
Online trading in stocks, forex, futures, and ETFs is facilitated.
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| domain | founded_year | HQ Location |
Online trading of stocks, securities, and options is enabled.
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| domain | founded_year | HQ Location |
Online platform publishing content focusing on investment
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| domain | founded_year | HQ Location |
Branding, employee engagement, and marketing services are provided by Avenue.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lightspeed
Frequently Asked Questions about Lightspeed
When was Lightspeed founded?
Lightspeed was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is Lightspeed located?
Lightspeed is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Lightspeed?
Farid Naib is the current CEO of Lightspeed.
Is Lightspeed a funded company?
Lightspeed is a funded company, having raised a total of $11.6M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $30M, raised on Aug 01, 2009.
What does Lightspeed do?
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.
Who are the top competitors of Lightspeed?
Lightspeed's top competitors include Public, Tastytrade and Tiger Brokers.
What products or services does Lightspeed offer?
Lightspeed offers Lightspeed Trader Pro, Stocks & ETFs Trading, Options Trading, and Futures Trading.
How many acquisitions has Lightspeed made?
Lightspeed has made 2 acquisitions, including Lime Brokerage, and Terra Nova Financial.
Who are Lightspeed's investors?
Lightspeed has 3 investors. Key investors include LLR Partners, Tudor Ventures, and Wedbush Capital.
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