When was Lantern founded?

Lantern was founded in 2008 and raised its 1st funding round 15 years after it was founded.

Where is Lantern located?

Lantern is headquartered in Leeds, United Kingdom. It is registered at PROTECTION HOUSE 83 BRADFORD ROAD,STANNINGLEY,PUDSEY,WEST YORKSHIRE,LS28 6AT.

How many employees does Lantern have?

As of May 31, 2026, the latest employee count at Lantern is 118.

Is Lantern a funded company?

Lantern is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Jun 06, 2023.

When was the latest funding round of Lantern?

Lantern's latest funding was a $***** Conventional Debt round on Jun 06, 2023, with participation from 4 investors.

Where does Lantern rank among its competitors?

Lantern ranks 4th amongst 435 active competitors, of which 6 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Lantern, which secured $104M in Jun, 2023.

Who are the top competitors of Lantern?

Lantern's top competitors include Penns Woods Bancorp, Kruk and MNS Credit Management Group. Among them, Lantern secured the most recent funding round in June, 2023.

Lantern - 2026 Company Profile, Funding & Competitors

Lantern is a funded company based in Leeds (United Kingdom), founded in 2008. It operates as a Provider of debt management services. Lantern has raised an undisclosed amount in funding. The company has 435 active competitors, including 6 funded and 46 that have exited. Its top competitors include companies like Penns Woods Bancorp, Kruk and MNS Credit Management Group.

Company Details

Website: lanternuk.com
Email ID: *****@lanternuk.com
Phone Number: +44 **********
Registered Address: PROTECTION HOUSE 83 BRADFORD ROAD,STANNINGLEY,PUDSEY,WEST YORKSHIRE,LS28 6AT

Key Metrics

Founded Year

2008

Location

Leeds, United Kingdom

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Jun 06, 2023, $*****

Investors

Shawbrook & 3 more

Ranked

4^th among 435 active competitors

Employee Count

118 as on May 31, 2026

Investment & Acquisitions

Ascent & 1 more

Similar Companies

Penns Woods Bancorp & 447 more

View Lantern's full profile

Lantern is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LANTERN DEBT RECOVERY SERVICES LIMITED CIN: 6637307 , United Kingdom, Active	Jul 02, 2008	-	-

Lantern has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Jun 06, 2023 for $*****. 4 investors participated in its latest round. Lantern has 4 institutional investors.

Here is the list of recent funding rounds of Lantern:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 06, 2023	1730561	Conventional Debt	6828623	9059782	4361547	2207548

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View details of Lantern's funding rounds and investors

Lantern's employee count trend

Lantern has 118 employees as of May 26. Here is Lantern's employee count trend over the years:

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Top competitors of Lantern include Penns Woods Bancorp, Kruk and MNS Credit Management Group. Here is the list of Top 10 competitors of Lantern, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Penns Woods Bancorp 1983, Williamsport (United States), Acquired	Provider of banking services	-	-	50/100
2nd	Kruk 2011, Wroclaw (Poland), Public	Provider of debt management services	-	Taaleri	46/100
3rd	MNS Credit Management Group 1996, Delhi (India), Unfunded	Provider of international & domestic debt recovery, credit management, legal, and business advisory services	-	-	42/100
4th	Lantern 2008, Leeds (United Kingdom), Funding Raised	Provider of debt management services	-	Bci Capital, Shawbrook & 2 others	30/100
5th	UPSIDER 2023, Minato (Japan), Funding Raised	Provider of debt funds intended for growth stage startups, offering AI technology-based solutions for credit evaluation	-	-	40/100
6th	Brown & Joseph 1996, Itasca (United States), Acquired	Provider of debt collection services	-	Longshore Capital Partners, Spring Capital Partners ... Read more	38/100
7th	Debtapp Unfunded	-	-	-	37/100
8th	GreenPath 1961, The Bronx (United States), Funding Raised	Credit counseling and credit repair services	-	Wells Fargo, Hud Exchange	36/100
9th	NBS 1999, Dallas (United States), Acquired	Bankruptcy solutions maximizing recoveries and guaranteeing compliance for creditors	-	Advent International, MPK Equity Partners	35/100
10th	Shaha Finlease 1996, Mumbai (India), Unfunded	Non-banking finance company that provides debt management, credit solutions, and transaction processing services to retail customers	-	-	34/100