About Lithic
Lithic is a company based in New York (United States) founded in 2014 by David Nichols, Boling Jiang, and Jason Kruse. Lithic has raised $116.6 million across 5 funding rounds from investors including Bessemer Venture Partners, Exor and Stripes. Lithic offers products and services including Virtual Card Issuance, Physical Card Issuance, and Dispute Management. Lithic operates in a competitive market with competitors including Jumio, IDX, HYPR, Keyless and MagicCube, among others.
- Headquarter New York, United States
- Founders David Nichols, Boling Jiang, Jason Kruse
- Stage Soonicorn
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Lithic, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$116.6 M (USD)
in 5 rounds
-
Latest Funding Round
$60 M (USD), Series C
Jul 28, 2021
-
Investors
Bessemer Venture Partners
& 12 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Lithic
Lithic offers a comprehensive portfolio of products and services, including Virtual Card Issuance, Physical Card Issuance, and Dispute Management.
API for generating transaction-ready virtual cards quickly.
Service for customizing and issuing physical payment cards.
API tools for handling chargebacks and transaction disputes.
People of Lithic
Unlock access to complete
Funding Insights of Lithic
Lithic has successfully raised a total of $116.6M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in July 2021. 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.
Investors in Lithic
Lithic has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Exor and Stripes.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Global investments are made in product-led growth companies.
|
Locked | Locked | Locked | |
|
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
|
Locked | Locked | Locked | |
|
Venture capital investments in technology startups and entrepreneurs.
|
Locked | Locked | Locked |
Investor details for Lithic
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lithic
Investment portfolio details for Lithic
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Lithic
Detailed financials for Lithic
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Lithic Comparisons
Peer comparison for Lithic
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Lithic
Lithic 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 Jumio, IDX, HYPR, Keyless and MagicCube, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-powered identity verification and fraud protection solutions are provided.
|
|
| Locked | Locked | Locked |
Cloud-based solutions for identity protection and data security are provided.
|
|
| Locked | Locked | Locked |
Passwordless multi-factor authentication and identity assurance solutions are provided.
|
|
| Locked | Locked | Locked |
Cloud-based biometric authentication and identity management solutions are provided.
|
|
| Locked | Locked | Locked |
IoT security solutions for mobile device transactions are provided.
|
Detailed competitors of Lithic
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Lithic
Complete news archive for Lithic
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
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lithic
Lithic was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Lithic is headquartered in New York, United States. It is registered at New York, New York, United States.
Boling Jiang is the current CEO of Lithic. They have also founded this company.
Lithic is a funded company, having raised a total of $116.6M across 5 funding rounds to date.
Lithic was founded in 2014 in New York, United States, within the fintech sector. White-label solutions for prepaid cards are offered, allowing businesses to issue configurable cards and manage real-time transactions. Key services encompass KYC verification, customer onboarding, APIs for seamless integrations, and card-issuing platforms. Operations center on enabling efficient payment processing for various enterprises across the region.
Lithic offers Virtual Card Issuance, Physical Card Issuance, and Dispute Management.
Lithic has 13 investors. Key investors include Bessemer Venture Partners, Exor, Stripes, Index Ventures, and Commerce Ventures.
The valuation of Lithic is $800M as of Jul 2021.