When was Lightning Labs founded?

Lightning Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Lightning Labs located?

Lightning Labs is headquartered in San Francisco, United States.

How many employees does Lightning Labs have?

As of Aug 31, 2026, the latest employee count at Lightning Labs is 24.

Is Lightning Labs a funded company?

Lightning Labs is a funded company, having raised a total of $82.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 15, 2018.

When was the latest funding round of Lightning Labs?

Lightning Labs' latest funding was a $***** Series B round on Apr 05, 2022, with participation from 9 investors. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.44B in funding in 2026 to date.

Where does Lightning Labs rank among its competitors?

Lightning Labs ranks 4th amongst 76 active competitors, of which 25 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Blockstream, which secured $210M in Oct, 2024.

Who are the top competitors of Lightning Labs?

Lightning Labs' top competitors include Blockstream, Orbs and Gnosis. Among them, Blockstream secured the most recent funding round in October, 2024.

Lightning Labs - 2026 Company Profile, Team, Funding & Competitors

Lightning Labs is a series B company based in San Francisco (United States), founded in 2016 by Olaoluwa Osuntokun and Elizabeth Stark. It operates as a Developer of infrastructure software for the bitcoin lightning payment network. Lightning Labs has raised $82.5M in funding from investors like The Hive, Valor Equity Partners and Digital Currency Group. The company has 76 active competitors, including 25 funded and 1 that has exited. Its top competitors include companies like Blockstream, Orbs and Gnosis.

Company Details

Developer of infrastructure software for the bitcoin lightning payment network. The software facilitates asset issuance on blockchain protocols through taproot technology and manages liquidity for node operators. Protocols enable non-custodial transactions, private verification for light clients, and automated channel maintenance for financial applications. These tools provide mechanisms for routing payments and deploying capital across decentralized digital currency frameworks.

Website: lightning.engineering
Social
Email ID: *****@lightning.engineering

Key Metrics

Founded Year

2016

Location

San Francisco, United States

Stage

Series B

Total Funding

$82.5M in 3 rounds

Latest Funding Round

Series B, Apr 05, 2022, $*****

Investors

The Hive & 30 more

Ranked

4^th among 76 active competitors

Employee Count

24 as on Aug 31, 2026

Investment & Acquisitions

Neutronpay & 1 more

Similar Companies

Blockstream & 106 more

View Lightning Labs' full profile

Lightning Labs has raised a total funding of $82.5M over 3 rounds. Its first funding round was on Mar 15, 2018. Its latest funding round was a Series B round on Apr 05, 2022 for $*****. 9 investors participated in its latest round. Lightning Labs has 20 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Lightning Labs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 05, 2022	5477643	Series B	1198431	1188487	8492054	2217134
Feb 05, 2020	7158154	Series A	2722874	1943742	8124844	Slow Ventures & 4 more
Mar 15, 2018	7981774	Seed	3477847	8202343	The Hive & 1 more	Jack Dorsey & 6 more

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View details of Lightning Labs's funding rounds and investors

The founders of Lightning Labs are Olaoluwa Osuntokun and Elizabeth Stark.

Here are the details of Lightning Labs' key team members:

Olaoluwa Osuntokun: Co-Founder & CTO of Lightning Labs.
Elizabeth Stark: Co-Founder of Lightning Labs.
Contact Info: 1 email address

View details of Lightning Labs's Founder profiles and Board Members

Lightning Labs' employee count trend

Lightning Labs has 24 employees as of Aug 26. Here is Lightning Labs's employee count trend over the years:

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Top competitors of Lightning Labs include Blockstream, Orbs and Gnosis. Here is the list of Top 10 competitors of Lightning Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Blockstream 2014, Montreal (Canada), Series C	Developer of cryptocurrency infrastructure software and open source hardware wallets	$651M	Baillie Gifford, Real Ventures & 46 others	76/100
2nd	Orbs 2017, Tel Aviv (Israel), Series A	Developer of decentralized protocols providing execution services for trading platforms	$15.4M	VestChain Capital, Outlier Ventures & 3 others	65/100
3rd	Gnosis 2015, Gibraltar (Gibraltar), Seed	Crypto-based financial service provider	$500K	Bixin Ventures, NGC Ventures & 12 others	64/100
4th	Lightning Labs 2016, San Francisco (United States), Series B	Developer of infrastructure software for the bitcoin lightning payment network	$82.5M	RRE Ventures, Creative Capital & 29 others	60/100
5th	Boba 2021, Palo Alto (United States), Series A	Decentralized network platform for Ethereum	$45M	Hack VC, Dreamers & 44 others	57/100
6th	Horizen 2017, Delaware City (United States), Funding Raised	Provides cryptocurrency and sidechain platform	-	Reqcap, Akwan & 1 others	56/100
7th	Horizen Labs 2018, Austin (United States), Seed	Blockchain-based infrastructure for sidechain application	$11M	Digital Currency Group, Liberty City Ventures ... & 5 others	45/100
8th	Simbachain 2017, Plymouth (United States), Series A	Provider of blockchain platform for enterprise supply chain tracking and regulatory compliance	$27.6M	Elevate Ventures, Valley Capital Partners ... & 15 others	44/100
9th	Ark 2016, Besancon (France), Funding Raised	Cross-blockchain communication based on Lisk-fork	-	Blockchain R&I, Marshmallow Cash	44/100
10th	Bitfinity Network 2021, London (United Kingdom), Series A	EVM infrastructure for the internet computer	$7M	ParaFi, Draft Ventures & 4 others	43/100