About Lightwing
Lightwing is a company based in Wilmington (United States) founded in 2018 by Ravitej Yadalam and Navaneeth KN was acquired by Harness in September 2021.. Lightwing has raised $120 thousand across 1 funding round from investors including Harness and Techstars. Lightwing operates in a competitive market with competitors including Apptio, Flexera, Anodot, Spot and Vendr, among others.
- Headquarter Wilmington, United States
- Founders Ravitej Yadalam, Navaneeth KN
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Retter Technology Consulting Private Limited
- Date of Incorporation 07 Feb, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$82.62 K (USD)0as on Mar 31, 2019
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Net Profit
$-29.24 K (USD)0as on Mar 31, 2019
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EBITDA
$-29.03 K (USD)0as on Mar 31, 2019
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Total Equity Funding
$120 K (USD)
in 1 rounds
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Latest Funding Round
$120 K (USD), Seed
Jan 27, 2020
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Investors
Harness
& 1 more
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Employee Count
Employee Count
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Acquired by
Harness
(Sep 16, 2021)
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Funding Insights of Lightwing
Lightwing has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in January 2020. 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 1
- Last Round Seed — $120,000
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First Round
First Round
(27 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Seed - Lightwing | Valuation | Techstars |
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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 Lightwing
Lightwing has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Harness and Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Automatic builds, testing, and deployments are managed via self-service platform.
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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 Lightwing
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - Lightwing
| 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 |
Lightwing Comparisons
Competitors of Lightwing
Lightwing 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 Apptio, Flexera, Anodot, Spot and Vendr, 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 |
Cloud spending is managed for enterprises through a specialized platform.
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| domain | founded_year | HQ Location |
Cloud management solutions are delivered via an online IT platform.
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| domain | founded_year | HQ Location |
AI based cost management platform
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| domain | founded_year | HQ Location |
Cloud spend management software is offered by Spot's platform.
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| domain | founded_year | HQ Location |
SaaS management platform is provided for procurement and IT teams.
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| domain | founded_year | HQ Location |
Infrastructure monitoring is enabled via usage-based billing platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Lightwing
Frequently Asked Questions about Lightwing
When was Lightwing founded?
Lightwing was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Lightwing located?
Lightwing is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Is Lightwing a funded company?
Lightwing is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Jan 27, 2020.
What is the annual revenue of Lightwing?
Annual revenue of Lightwing is $82.62K as on Mar 31, 2019.
What does Lightwing do?
Lightwing provides a solution for cloud spend management. The cloud-based solution offered by the company leverages artificial intelligence to manage the workload and automate optimize the cloud spend. It also provides a solution to set custom alerts for unusual activities. The pricing model is based on monthly usage.
Who are the top competitors of Lightwing?
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