About Lightspeed
Lightspeed is a Technology company based in New York (United States) founded in 2006, and was acquired by Wedbush Capital in May 2018. Online platform for stocks and options trading is offered. It operates on a Commission-Based and Subscription Services model. 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. Its chief executive, as recorded, is Farid Naib. Its website lightspeed.com draws about 287 thousand monthly visits. Lightspeed offers products and services including Lightspeed Trader Pro, Stocks & ETFs Trading, Options Trading, and Futures Trading. Its focus areas include Financials, Capital Markets and Brokerage Services. Its legal entity is Lightspeed Financial Services Group LLC. Its competitors include Public, Interactive Brokers and TD Ameritrade; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnology
- Website category Finance · Investing
- Phone•••• ••••
- Website lightspeed.com
- Social LinkedIn X Facebook YouTube
- Acquired by Wedbush Capital (May 2018)
- Legal Name Lightspeed Financial Services Group Llc
- Total Equity Funding$11.6M (USD)
in 5 rounds
- Latest Funding Round$6M (USD), Series B
Oct 2012
- InvestorsLLR Partners
& 2 more
- Investments & AcquisitionsLime Brokerage
& 1 more
- Acquired byWedbush Capital
(May 2018)
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.
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.
Apps and channels of Lightspeed
its YouTube channel Lightspeed has 3.35K subscribers and 30 videos.
Videos from Lightspeed
The most watched videos on Lightspeed's YouTube channel, Lightspeed (3.35K subscribers). Click a video to play it here.
More on Lightspeed.
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 $11.6M
- Total Rounds 5
- Last Round Series B — $6M
- Investors Count 2
All 5 funding rounds of Lightspeed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2012 | $6M | Series B | – | – | – |
| Oct 2010 | $300,000 | Series A | – | LLR Partners | – |
| Jun 2010 | $30M | Debt – Conventional | – | – | – |
| Feb 2010 | $5.3M | Series A | – | – | – |
| Aug 2009 | Series A | – | Tudor Ventures | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in technology and healthcare businesses for growth capital. | llrpartners.com | |||
| tudorventures.com | ||||
| wedbushcapital.com |
Investor details for Lightspeed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lightspeed
26 people are tracked at Lightspeed (11 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Farid Naib | CEO | Leadership |
Jose Roncero | Creative Director | Leadership |
Kirk Lindo | Vp, Controller | Leadership |
David Chaskin | Chief Financial Officer | Leadership |
Thomas Gibb | President & COO | Leadership |
Ellen Wile | Chief Project Officer | Leadership |
Roni Koeller | Vice President of Business Development | Leadership |
Ronald Goodman | Vice President Account Services | Leadership |
Shannon Peterson | VP Risk Management | Leadership |
Amy Kulinski | Executive Vice President of Marketing | Leadership |
Armond T Forcella | Vice President Client Service And Trading | Leadership |
Andrew Weiner | Client Service/Trade Desk Representative | Team |
Perry Pasquini | Institutional sales/Trading | Team |
Joe Minton | EVP, Institutional Trading | Team |
Evan Berryman | Svp, Strategic Partnerships & Content Strategy | Team |
Chris Loomis | Institutional Operations Supervisor | Team |
William Kehl | SVP | Team |
Shival Patel | Project Manager - Crypto / Brokerage Tech | Team |
Gregory Phillips | Registered Principal | Team |
Gabriela Grinóvero | Ui/ux Design Leader | Team |
6 more people are available in the full profile.
Complete people profiles for Lightspeed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Risk management services are provided to financial clients. | limebrokerage.com | New York, United States | 1999 | Jun 2011 | •••• | |
Provider of financial services for investment industry | tnfg.com | Chicago, United States | 2000 | Jun 2010 | $27.6M |
Complete acquisition details for Lightspeed
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Lightspeed
6 dated milestones of Lightspeed across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Lightspeed is founded.
- Funding First funding round.
- Acquisition Acquires Terra Nova Financial.
- Acquisition Acquires Lime Brokerage.
- Funding Latest funding round, Series B, of $6.0M.
- Exit Acquired by Wedbush Capital.
Competitors of Lightspeed
Lightspeed has 3 listed competitors in our database, 1 of them funded. They include Public, Interactive Brokers and TD Ameritrade.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| public.com | 2019 | New York, United States | $420.58M | Multi-asset investments are facilitated for individual users through a platform. | ||
| interactivebrokers.com | 1977 | Greenwich, United States | 2,932 | Provider of online brokerage services and trading platforms | ||
| tdameritrade.com | 1994 | Omaha, United States | Online trading in stocks, forex, futures, and ETFs is facilitated. |
Detailed competitors of Lightspeed
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lightspeed
The website of Lightspeed (lightspeed.com) receives about 287.2K visits a month and ranks #157,718 among all websites worldwide, #9,789 in Investing.
- Monthly visits287.2K
▲ 5.2% vs previous month
- Unique visitors82.5K
per month
- Global rank#157,718
among all websites
- Category rank#9,789
Finance · Investing
- Bounce rate38%
- Pages per visit3.4
- Average visit3 min 43 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Lightspeed. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| warriortrading.com | 100% | 680.7K | #46,105 | View details | |
| nasdaqtrader.com | 99% | #137,313 | View details | ||
| lsvp.com | 93% | 179.7K | #256,671 | View details | |
thetradepros.com | thetradepros.com | 87% | – | ||
| dastrader.com | 84% | 77.5K | #512,746 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lightspeed
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Lightspeed (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Lightspeed
Complete news archive for Lightspeed
Full article history, source details, and older brand coverage require an active premium plan.
- 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 CEO of Lightspeed, as recorded in our data.
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, Interactive Brokers and TD Ameritrade.
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.
Lightspeed operates through Lightspeed Financial Services Group Llc.
Yes. Lightspeed was acquired by Wedbush Capital in May 2018.
The website of Lightspeed receives about 287 thousand visits a month and ranks #157,718 among all websites worldwide.