When was Lighter founded?

Lighter was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Lighter located?

Lighter is headquartered in Miami, United States.

Who is the current CEO of Lighter?

Vladimir Novakovski of Lighter. They have also founded 1 company.

How many employees does Lighter have?

As of Jun 30, 2026, the latest employee count at Lighter is 20.

Is Lighter a funded company?

Lighter is a funded company, having raised a total of $89M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2024.

How much is Lighter worth?

The latest valuation of Lighter is $***** as of Nov 11, 2025.

When was the latest funding round of Lighter?

Lighter's latest funding was a $***** Series B round on Nov 11, 2025, with participation from 4 investors.

Where does Lighter rank among its competitors?

Lighter ranks 55th amongst 2030 active competitors, of which 195 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Uphold, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Lighter?

Lighter's top competitors include Binance, Kraken and Blockchain. Among them, Uphold secured the most recent funding round in April, 2026.

Lighter - 2026 Company Profile, Team, Funding & Competitors

Lighter is a series B company based in Miami (United States), founded in 2022 by Vladimir Novakovski. It operates as a Decentralized order book exchange for spot trading. Lighter has raised $89M in funding from investors like Founders Fund, Ribbit Capital and Craft Ventures, with a current valuation of $*****. The company has 2030 active competitors, including 195 funded and 68 that have exited. Its top competitors include companies like Binance, Kraken and Blockchain.

Company Details

Decentralized order book exchange for spot trading. It uses scalable Ethereum and EVM-compatible rollup technologies to achieve speed, costs, and security in a permissionless and interoperable environment.

Website: lighter.xyz
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Key Metrics

Founded Year

2022

Location

Miami, United States

Stage

Series B

Total Funding

$89M in 2 rounds

Latest Funding Round

Series B, Nov 11, 2025, $*****

Post Money Valuation

$***** as on Nov 11, 2025

Investors

Founders Fund & 7 more

Ranked

55^th among 2030 active competitors

Employee Count

20 as on Jun 30, 2026

Similar Companies

Binance & 4519 more

View Lighter's full profile

Lighter has raised a total funding of $89M over 2 rounds. Its first funding round was on 2024. Its latest funding round was a Series B round on Nov 11, 2025 for $*****. 4 investors participated in its latest round. Lighter has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Lighter:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 11, 2025	1462687	Series B	5633531	6550444	9195162	3824184
2024	9496	Series A	9271	4809	Haun Ventures & 1 more	3333

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View details of Lighter's funding rounds and investors

The founders of Lighter is Vladimir Novakovski.

Here are the details of Lighter's key team members:

Vladimir Novakovski: Founder & CEO of Lighter and founder of 1 other company.

View details of Lighter's Founder profiles and Board Members

Lighter's employee count trend

Lighter has 20 employees as of Jun 26. Here is Lighter's employee count trend over the years:

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Top competitors of Lighter include Binance, Kraken and Blockchain. Here is the list of Top 10 competitors of Lighter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Binance 2017, Abu Dhabi (United Arab Emirates), Series C	Online exchange platform for cryptocurrency	$2.02B	Sequoia Capital, Fancheng Holdings & 42 others	86/100
2nd	Kraken 2011, Cheyenne (United States), Series D	Operator of digital platforms for trading cryptocurrency stocks and futures	$867M	Citadel Securities, Jane Street & 121 others	86/100
3rd	Blockchain 2011, London (United Kingdom), Acquired	App-based platform for exchange and trading solutions for cryptocurrency	$700M	Lightspeed Venture Partners, Kingsway Capital ... & 28 others	84/100
4th	Uphold 2013, San Francisco (United States), Series B	App-based wallet and exchange platform for cross-border money transfers	$73.2M	YMF Investments, Blockchain Coinvestors & 7 others	82/100
5th	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Polychain, Andreessen Horowitz & 50 others	80/100
6th	Gemini 2014, New York City (United States), Public	Platform offering crypto exchange solutions	$424M	Morgan Creek Capital Management, Winklevoss Capital ... & 28 others	79/100
7th	FTX 2019, Nassau City (Bahamas), Series C	Online platform for trading in cryptocurrency	$1.73B	Temasek, SoftBank & 70 others	77/100
8th	PDAX 2017, Makati (Philippines), Series B	Online exchange platform for cryptocurrencies	$62.5M	Tiger Global Management, Beenext & 13 others	77/100
9th	CoinDCX 2018, Mumbai (India), Series D	Cryptocurrency exchange and trading service provider	$247M	Polychain, Bain Capital Ventures & 31 others	76/100
10th	CoinSwitch 2017, Bengaluru (India), Series C	Broker-based online crypto trading and exchange platform	$302M	Tiger Global Management, Ribbit Capital & 13 others	75/100
55th	Lighter 2022, Miami (United States), Series B	Decentralized order book exchange for spot trading	$89M	Ribbit Capital, Founders Fund & 6 others	58/100