LightStream

Atlanta, United States Founded: 2013 • Age: 13 yrs Acquired By ABeam Consulting
Unsecured personal loans are provided online for diverse needs.
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About LightStream

LightStream is a company based in Atlanta (United States) founded in 2013 was acquired by ABeam Consulting in December 2018.. The company has 37,123 employees as of December 31, 2022. LightStream has completed 2 acquisitions, including Rainmaker and SaskSearch. LightStream offers products and services including Personal Loan. LightStream operates in a competitive market with competitors including LendingPoint, Best Egg, Possible Finance, OneBlinc and Elevate, among others.

  • Headquarter Atlanta, United States
  • Employees 37123 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bb & T Corporation
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    37123

    as on Dec 31, 2022

  • Investments & Acquisitions
    Rainmaker

    & 1 more

  • Acquired by
    ABeam Consulting

    (Dec 08, 2018)

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Products & Services of LightStream

LightStream offers a comprehensive portfolio of products and services, including Personal Loan. 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.

Primary

Fixed-rate loans for funding various personal expenses without fees.

People of LightStream
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Dan Haan
Sr. Product Analyst
People
Nicholas Teuthorn
Data Analyst
People
Daniel Tensfeldt
SVP Business Development
People
Stephanie Lee
Fraud Analyst 1 - 4

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Funding Insights of LightStream

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 LightStream

LightStream has secured backing from 1 investor. Prominent investors backing the company include ABeam Consulting. 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.

All
Investor Description Founded Year Domain Location
Management consulting services are provided for global business growth.
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 LightStream

LightStream has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Rainmaker and SaskSearch. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Influencer discovery, analytics, and reporting tools for gaming are provided.
2017
Provider of weather, current conditions and forecasts, road conditions and weather warning services
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - LightStream

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Lightstream Comparisons

Employees
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Competitors of LightStream

LightStream 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 LendingPoint, Best Egg, Possible Finance, OneBlinc and Elevate, 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
Personal loans are facilitated through an online marketplace platform.
domain founded_year HQ Location
Personal loans are offered via an online platform.
domain founded_year HQ Location
Multiple consumer loans are offered through an online platform.
domain founded_year HQ Location
Loans are facilitated for federal employees via an online marketplace.
domain founded_year HQ Location
Online credit solutions including installment loans are provided to consumers.
domain founded_year HQ Location
Online loans are extended to underserved immigrants through data analysis.
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 Lightstream

Frequently Asked Questions about LightStream

When was LightStream founded?

LightStream was founded in 2013.

Where is LightStream located?

LightStream is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

How many employees does LightStream have?

As of Dec 31, 2022, the latest employee count at LightStream is 37,123.

What does LightStream do?

Founded in 2013, LightStream operates as the online lending division of SunTrust Bank from Atlanta, United States. Unsecured personal loans are extended for purposes such as vehicle financing, home improvements, recreation, family expenses, and debt refinancing. Loan amounts range from 5,000 to 100,000, with interest rates between 2.19 and 17.49. Funding is typically completed on the same day for applicants with credit scores above 680.

Who are the top competitors of LightStream?

LightStream's top competitors include Best Egg, LendingPoint and Possible Finance.

What products or services does LightStream offer?

LightStream offers Personal Loan.

How many acquisitions has LightStream made?

LightStream has made 2 acquisitions, including Rainmaker, and SaskSearch.

Who are LightStream's investors?

LightStream has 1 investor. Key investors include ABeam Consulting.

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