When was LightSpun founded?

LightSpun was founded in 1999 and raised its 1st funding round 26 years after it was founded.

Is LightSpun a funded company?

LightSpun is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 09, 2025.

When was the latest funding round of LightSpun?

LightSpun's latest funding was a $***** Series A round on Sep 09, 2025, with participation from 4 investors.

Where does LightSpun rank among its competitors?

LightSpun ranks 66th amongst 298 active competitors, of which 38 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was LightSpun, which secured $13M in Sep, 2025.

Who are the top competitors of LightSpun?

LightSpun's top competitors include HealthEdge, Novotech and Change Healthcare. Among them, LightSpun secured the most recent funding round in September, 2025.

LightSpun - 2026 Company Profile, Funding & Competitors

Company Details

Developer of an AI-powered platform for healthcare administration and automation. The platform offers modules for benefit administration, sales and broker management, claims administration, and provider network management. It also includes contact center automation, billing and payment systems, and enterprise data warehousing. The platform is designed for payors, DSOs, group practices, and TPAs.

Key Metrics

Founded Year

1999

Stage

Series A

Total Funding

$18M in 1 round

Latest Funding Round

Series A, Sep 09, 2025, $*****

Investors

Brewer Lane Ventures & 3 more

Ranked

66^th among 298 active competitors

Similar Companies

HealthEdge & 88 more

View LightSpun's full profile

LightSpun has raised a total funding of $18M over 1 round. Its latest funding round was a Series A round on Sep 09, 2025 for $*****. 4 investors participated in its latest round. LightSpun has 4 institutional investors.

Here is the list of recent funding rounds of LightSpun:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 09, 2025	4481112	Series A	1233425	1902697	7421274	9827300

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Top competitors of LightSpun include HealthEdge, Novotech and Change Healthcare. Here is the list of Top 10 competitors of LightSpun, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HealthEdge 2004, Burlington (United States), Acquired	Provider of a suite solutions for healthcare payer	$108M	Psilos Group, Golub Growth & 7 others	74/100
2nd	Novotech 2002, Sydney (Australia), Acquired	Provider of clinical research services across all trial phases and therapeutic areas	$255M	GIC, Mubadala & 5 others	68/100
3rd	Change Healthcare 2007, Nashville (United States), Acquired	Cloud-based suite solution for payers, providers and patients	$36M	Mitsui Global Investment, BVF & 14 others	64/100
4th	Concert AI 2018, Boston (United States), Series C	Provider of AI and real-world data solutions for life sciences	$300M	Sixth Street, Declaration Partners & 4 others	64/100
5th	Bioptimus 2024, Paris (France), Series A	Developer of AI foundation model to transform biological research	$76M	Sofinnova Partners, Cathay Innovation & 15 others	63/100
6th	Dotmatics 2005, Bishop s Stortford (United Kingdom), Acquired	AI powered scientific data management and workflow automation solutions	$11.3M	Scottish Equity Partners, Insight Partners ... & 4 others	61/100
7th	Inovalon 1998, Bowie (United States), Acquired	Cloud-based data analytics platform for providers and payers	-	RHEINEST	61/100
8th	Zelis Healthcare 1995, Boston (United States), Funding Raised	Digital solutions to modernize the healthcare financial experience for payers, providers, and members	-	Mubadala, HarbourVest Partners & 9 others	59/100
9th	Trek Health 2021, San Mateo (United States), Series A	Cloud-based insurance workflow management tool	$13.7M	Lionheart Ventures, Madrona & 12 others	59/100
10th	Availity 2001, Jacksonville (United States), Late Stage	Provider of cloud-based suite solutions for payers and providers	-	Francisco Partners, Novo Holdings & 1 others	58/100
66th	LightSpun 1999, Series A	Developer of an AI-powered platform for healthcare administration and automation	$18M	Industry Ventures, Brewer Lane Ventures & 2 others	35/100