About Lightyear
Lightyear is a company based in Belfast (United Kingdom) founded in 2017 by Roger Gregg and Chris Gregg was acquired by The Access Group in May 2024. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Lightyear offers products and services including Lightyear Platform, Purchase Orders, and Intelligent Data Extraction. Lightyear operates in a competitive market with competitors including Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, among others.
- Headquarter Belfast, United Kingdom
- Founders Roger Gregg, Chris Gregg
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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
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- Legal Name The Lightyear Corporation Ltd.
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
The Access Group
(May 10, 2024)
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Products & Services of Lightyear
Lightyear offers a comprehensive portfolio of products and services, including Lightyear Platform, Purchase Orders, and Intelligent Data Extraction. 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.
Automated platform for accounts payable and expense management.
Tool for creating and approving purchase orders efficiently.
AI-driven extraction of line-item data from invoices.
Funding Insights of Lightyear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Lightyear
Lightyear has secured backing from 1 investor. Prominent investors backing the company include The Access Group. 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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Cloud-based ERP software is offered for multiple industries.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Lightyear
| 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 |
Financial Statements - Lightyear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Lightyear Comparisons
Competitors of Lightyear
Lightyear 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 Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, 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 |
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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Cloud-based accounts payable and receivable software for businesses
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| domain | founded_year | HQ Location |
Business spends, payments, and rewards are streamlined by automated workflows.
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| domain | founded_year | HQ Location |
Accounts payable and payment automation solutions are offered for businesses.
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| domain | founded_year | HQ Location |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based purchase approval management software is provided for businesses.
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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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On-demand services are booked through an app-based platform.
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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 Lightyear
Frequently Asked Questions about Lightyear
When was Lightyear founded?
Lightyear was founded in 2017.
Where is Lightyear located?
Lightyear is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Who is the current CEO of Lightyear?
Chris Gregg is the current CEO of Lightyear. They have also founded this company.
What does Lightyear do?
Lightyear is utilized for automating purchasing, accounts payable, and expense management processes through a cloud-based platform. It serves various industries including aged care, automotive, construction, education, hospitality, manufacturing, retail, and technology. Solutions offered include intelligent data extraction, multi-tiered approvals, 3-way matching, and seamless integrations with accounting and ERP systems. The platform is designed to enhance efficiency, reducing processing time by up to 80, and is trusted by over 7,500 businesses globally.
Who are the top competitors of Lightyear?
What products or services does Lightyear offer?
Lightyear offers Lightyear Platform, Purchase Orders, and Intelligent Data Extraction.
Who are Lightyear's investors?
Lightyear has 1 investor. Key investors include The Access Group.
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