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.
- Website
- lightning.ai
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
Investors
Ranked
1st among 278 active competitors
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:
Filter 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 |
View details of Lightning's funding rounds and investors
Lightning's founders and board of directors
Founder? Claim ProfileThe 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:
- Luis Capelo: Former Co-Founder of Lightning and founder of 1 other company. Contact Info: 1 email address
- William Falcon: Co-Founder & CEO of Lightning and founder of 1 other company. Contact Info: 1 email address
View details of Lightning's Founder profiles and Board Members
Lightning's employee count trend
Lightning has 212 employees as of Mar 26. Here is Lightning's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lightning 2017, New York City (United States), Series C | Provider of low code AI application development software | $127M | 76/100 | |
2nd | Abacus.AI 2019, San Francisco (United States), Series C | Provides AI based data models creation for data science | $90.2M | 72/100 | |
3rd | DataRobot 2012, Boston (United States), Series G | Provider of an agent workforce platform for enterprise artificial intelligence | $1.05B | 71/100 | |
4th | Anyscale 2019, San Francisco (United States), Series C | Provider of an AI-based open source framework for building distributed applications | $281M | 70/100 | |
5th | Factory 2023, San Francisco (United States), Series B | Developer of artificial intelligence solutions for industrial automation and optimization | $70M | 68/100 | |
6th | Weights & Biases 2017, San Francisco (United States), Acquired | Provider of machine learning model development and management solutions | $250M | 68/100 | |
7th | Modular 2017, Mountain View (United States), Series C | Developing next-generation AI development platform | $380M | 67/100 | |
8th | Tecton 2019, San Francisco (United States), Acquired | Provider of a platform for building machine learning models | $160M | 66/100 | |
9th | Graft 2021, San Francisco (United States), Acquired | Developer of an AI platform for enterprise knowledge management and search | $29M | 66/100 | |
10th | MindsDB 2017, Berkeley (United States), Series A | Predictive analytics platform for enterprise data | $53.7M | 66/100 |
Looking for more details on Lightning's competitors? Click here to see the top ones
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
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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Lightning AI Launches GPU Marketplace Uniting NeoClouds and HyperscalersPR Newswire•Aug 19, 2025•Lightning
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Nscale and Lightning AI Partner to Launch Enterprise-grade AI StudioGlobeNewswire•Jun 11, 2025•Nscale, Lightning
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Lightning AI moves into the AI marketplace with ready-made enterprise applicationsSiliconAngle•Feb 06, 2025•Lightning
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Lightning AI development platform raises $50mTech in Asia•Nov 22, 2024•Lightning, Cisco Investments, J P Morgan, K5 Global and 2 others
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Lightning AI Launches Its Studio Platform in AWS MarketplaceBusiness Wire•May 09, 2024•Lightning, Amazon Web Services
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Lightning AI Joins AI Alliance to Advance Open, Safe, Responsible AIAiThority•Dec 08, 2023•Lightning
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