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Lightricks is a technology company.
Lightricks is an AI-first technology company providing visual content creation tools. Its product suite includes mobile applications like Facetune, Photoleap, and Videoleap, alongside platforms such as LTX Studio, all driven by proprietary AI. The company develops an "Open Creativity Stack," streamlining content workflows with AI.
Founded in 2013, Lightricks was established by Zeev Farbman, Nir Pochter, Yaron Inger, and Amit Goldstein. Founders hold advanced computer science degrees; some served in Israel's 8200 intelligence unit. Their insight was to democratize sophisticated creative technology, making professional results accessible through intuitive applications.
Lightricks serves creators, artists, studios, and enterprises, offering solutions from image editing to influencer marketing with Popular Pays. Its mission is to bridge imagination and creation, empowering human creativity with artificial intelligence. It envisions an open, fast, interconnected creative ecosystem, enabling innovation.
Lightricks has raised $310.0M across 5 funding rounds.
Lightricks has raised $310.0M in total across 5 funding rounds.
Lightricks is valued at approximately $18.0M.
Lightricks has raised $310.0M in total across 5 funding rounds.
Lightricks is valued at approximately $18.0M.
Lightricks's investors include Hanaco Ventures, Insight Partners, Pasha Romanovski, Thilo Semmelbauer, Coatue, Lazerow Ventures, Left Lane Capital, Will Szczerbiak, Altshuler Shaham, Claltech, Goldman Sachs, Greycroft.
Lightricks is an AI-first technology company that develops mobile and web-based photo and video editing applications, empowering creators with intuitive tools for content generation and enhancement.[1][2][3][4] Its flagship products include Facetune (for portrait editing), Videoleap (video editing), Photoleap (AI-powered photo editing), and LTX Studio (AI-driven storytelling platform), serving millions of consumers, content creators, influencers, and businesses in visual content creation.[1][2][4][5] These apps address the challenge of making professional-grade editing accessible on mobile devices, solving pain points like time-consuming workflows through AI automation; they have achieved over 500 million downloads and 5 million paying subscribers, with the company raising $335 million in funding.[2][4]
Founded in 2013 in Jerusalem, Israel, by five entrepreneurs including CTO and co-founder Yaron Inger, Lightricks emerged from a vision to democratize high-quality photo and video editing on mobile platforms.[1][4] The idea took root in a nascent market for creativity-inspiring software, with early apps like the award-winning Facetune and Enlight quickly gaining traction among millions of users worldwide.[1][2] Pivotal moments include leveraging sophisticated AI algorithms for intuitive edits (e.g., automatic teeth whitening) and scaling infrastructure on Google Cloud to handle a billion daily events, enabling seamless user experiences amid rapid growth.[4]
Lightricks rides the generative AI wave in visual content creation, capitalizing on exploding demand for mobile-first tools amid social media, influencer marketing, and short-form video trends.[1][2][3] Timing aligns with smartphones' computational power enabling on-device AI, while market forces like content overload favor fast, automated editing over manual processes.[4] It influences the ecosystem by open-sourcing models, fostering community innovation, and competing with players like Reface and Bria, while powering sectors from advertising to gaming.[2][3]
Lightricks is poised to expand its Open Creativity Stack, integrating more efficient in-house AI models across enterprises and creators, potentially dominating AI-driven visual workflows.[3] Trends like interconnected AI ecosystems and real-time content demands will accelerate growth, evolving its role from app maker to foundational infrastructure provider. As mobile creativity tools redefine content production, Lightricks' AI-first momentum positions it to sustain subscriber gains and ecosystem influence, building on its trailblazing apps like Facetune.[1][2][3]
Lightricks has raised $310.0M across 5 funding rounds. Most recently, it raised Lightricks Valuation 2021-09-01 in September 2021 at a valuation of approximately $18.0M.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | Lightricks Valuation 2021-09-01 | Hanaco Ventures, Insight Partners, Pasha Romanovski, Thilo Semmelbauer | |
| Sep 1, 2021 | $100.0M Series D | Hanaco Ventures, Thilo Semmelbauer | Coatue, Lazerow Ventures, Left Lane Capital, Will Szczerbiak, Altshuler Shaham, Claltech, Goldman Sachs, Greycroft, Harel Insurance Investments & Financial Services, Migdal Insurance, Shavit Capital |
| Jul 1, 2019 | $140.0M Series C | Coatue, Left Lane Capital, Claltech, Kirk Lepke, Harley Miller | |
| Nov 1, 2018 | $60.0M Series B | Harley Miller | Coatue, Left Lane Capital, Claltech |
| Aug 12, 2015 | $10.0M Other Equity | Daniel Cohen |