When was Lightning founded?

Lightning was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Lightning located?

Lightning is headquartered in New York City, United States.

Who is the current CEO of Lightning?

William Falcon of Lightning. They have also founded 1 company.

How many employees does Lightning have?

As of Sep 30, 2026, the latest employee count at Lightning is 291.

Is Lightning a funded company?

Lightning is a funded company, having raised a total of $127M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2020.

How much is Lightning worth?

The latest valuation of Lightning is $***** as of Jan 01, 2026.

When was the latest funding round of Lightning?

Lightning's latest funding was a $***** Series C round on Nov 22, 2024, with participation from 4 investors.

Where does Lightning rank among its competitors?

Lightning ranks 1st amongst 543 active competitors, of which 71 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Factory, which secured $200M in Sep, 2026.

Who are the top competitors of Lightning?

Lightning's top competitors include Anyscale, Modular and Factory. Among them, Factory secured the most recent funding round in September, 2026.

Lightning - 2026 Company Profile, Team, Funding & Competitors

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
Social

Key Metrics

Founded Year

2017

Location

New York City, United States

Stage

Series C

Total Funding

$127M in 4 rounds

Latest Funding Round

Series C, Nov 22, 2024, $*****

Post Money Valuation

$***** as on Jan 01, 2026

Investors

Index Ventures & 12 more

Ranked

1^st among 543 active competitors

Employee Count

291 as on Sep 30, 2026

Investment & Acquisitions

Nixtla

Similar Companies

Anyscale & 921 more

View Lightning's full profile

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	1907391	Series C	6867830	9738807	1641533	9617756
Jun 16, 2022	4062542	Series B	5586148	9057723	6058241	Index Ventures & 3 more
Oct 08, 2020	5004723	Series A	1342134	7209290	Index Ventures	Bain Capital Ventures & 1 more

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View details of Lightning's funding rounds and investors

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:

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 291 employees as of Sep 26. Here is Lightning's employee count trend over the years:

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Top competitors of Lightning include Anyscale, Modular and Factory. 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	Lightning 2017, New York City (United States), Series C	Provider of low code AI application development software	$127M	Sherpalo Ventures, NVentures & 11 others	77/100
2nd	Anyscale 2019, San Francisco (United States), Acquired	Provider of an AI-based open source framework for building distributed applications	$281M	Andreessen Horowitz, Addition & 12 others	75/100
3rd	Modular 2017, Mountain View (United States), Acquired	Developing next-generation AI development platform	$380M	Google Ventures, Usitfund & 8 others	71/100
4th	Factory 2023, San Francisco (United States), Series D	Developer of artificial intelligence solutions for industrial automation and optimization	$420M	Sequoia Capital, Khosla Ventures & 28 others	70/100
5th	Abacus.AI 2019, San Francisco (United States), Series C	Company is the world's best AI super assistant and general-purpose agent	$90.3M	Tiger Global Management, Coatue & 22 others	69/100
6th	Weights & Biases 2017, San Francisco (United States), Acquired	Provider of machine learning model development and management solutions	$250M	Bond Capital, Felicis Ventures & 23 others	67/100
7th	DataRobot 2012, Boston (United States), Series G	Provider of an agent workforce platform for enterprise artificial intelligence	$1.05B	New Enterprise Associates, Sapphire Ventures ... & 77 others	67/100
8th	Veritone 2014, Irvine (United States), Public	Platform offering AI and cloud-based cognitive analytics platform for audio and video content	$15M	Herald Investment Management, Turnstone Capital Management ... & 1 others	67/100
9th	H2O AI 2012, Mountain View (United States), Series E	Provider of an open-source machine learning platform	$243M	Deep Learning, Nexus Venture Partners & 26 others	66/100
10th	4Paradigm 2014, Beijing (China), Public	Provider of enterprise-level artificial intelligence solutions and machine learning platforms	$1.07B	Industrial and Commercial Bank of China, Hopu Investments ... & 40 others	66/100