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Lightning - About the company

Lightning is a series C company based in New York City (United States), founded in 2017 by Luis Capelo and William Falcon. It operates as a Provider of low code AI application development software. Lightning has raised $127M in funding from investors like Index Ventures, J P Morgan and Coatue, with a current valuation of $*****. The company has 278 active competitors, including 61 funded and 11 that have exited. Its top competitors include companies like Abacus.AI, DataRobot and Anyscale.

Company Details

Provider of low code AI application development software. The platform offers solutions to build multi-cloud AI and ML applications. It also offers different components that can be integrated into the application.
Social
X
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series C
Total Funding
$127M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 08, 2020
Ranked
Employee Count
212 as on Mar 31, 2026
Investment & Acquisitions
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Lightning's funding and investors

Lightning has raised a total funding of $127M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series C round on Nov 22, 2024 for $*****. 4 investors participated in its latest round. Lightning has 13 institutional investors.

Here is the list of recent funding rounds of Lightning:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 22, 2024
8277193
Series C
2962106
7774109
2205880
7399668
Jun 16, 2022
6133661
Series B
2859833
7573188
9994990
Oct 08, 2020
9575194
Series A
3283368
4328661
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Lightning's founders and board of directors

Founder? Claim Profile
The founders of Lightning are Luis Capelo and William Falcon. William Falcon is the CEO of Lightning.
Here are the details of Lightning's key team members:

Lightning's employee count trend

Lightning has 212 employees as of Mar 26. Here is Lightning's employee count trend over the years:
Employee count trend for Lightning
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Lightning's Competitors and alternates

Top competitors of Lightning include Abacus.AI, DataRobot and Anyscale. Here is the list of Top 10 competitors of Lightning, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lightning
Lightning
2017, New York City (United States), Series C
Provider of low code AI application development software
$127M
76/100
2nd
Logo for Abacus.AI
Abacus.AI
2019, San Francisco (United States), Series C
Provides AI based data models creation for data science
$90.2M
72/100
3rd
Logo for DataRobot
DataRobot
2012, Boston (United States), Series G
Provider of an agent workforce platform for enterprise artificial intelligence
$1.05B
71/100
4th
Logo for Anyscale
Anyscale
2019, San Francisco (United States), Series C
Provider of an AI-based open source framework for building distributed applications
$281M
70/100
5th
Logo for Factory
Factory
2023, San Francisco (United States), Series B
Developer of artificial intelligence solutions for industrial automation and optimization
$70M
68/100
6th
Logo for Weights & Biases
Weights & Biases
2017, San Francisco (United States), Acquired
Provider of machine learning model development and management solutions
$250M
68/100
7th
Logo for Modular
Modular
2017, Mountain View (United States), Series C
Developing next-generation AI development platform
$380M
67/100
8th
Logo for Tecton
Tecton
2019, San Francisco (United States), Acquired
Provider of a platform for building machine learning models
$160M
66/100
9th
Logo for Graft
Graft
2021, San Francisco (United States), Acquired
Developer of an AI platform for enterprise knowledge management and search
$29M
66/100
10th
Logo for MindsDB
MindsDB
2017, Berkeley (United States), Series A
Predictive analytics platform for enterprise data
$53.7M
66/100
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Lightning's Investments and acquisitions

Lightning has a total of 1 investment in Nixtla. Lightning has not made any acquisitions as of now.

Reports related to Lightning

Here is the latest report on Lightning's sector:

News related to Lightning

lockFilter this list
Media has covered Lightning for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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