Lilac Solutions - About the company
Lilac Solutions is a series C company based in San Francisco (United States), founded in 2016. It operates as a Provider of lithium extraction solutions. Lilac Solutions has raised $352M in funding from investors like T. Rowe Price, Prime Coalition and Breakthrough Energy, with a current valuation of $*****. The company has 22 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like Mangrove Lithium, Summit Nanotech and Energy Exploration Technologies.
Company Details
LiLac is a provider of lithium extraction solutions and services. The solution offered is an ion exchange technology that is used by lithium extractors to extract lithium. The ion exchange beads and brine processing system together extract pure lithium solutions for various industrial needs.
- Website
- lilacsolutions.com
- Social
- Registered Address
- Rīga, Vecā Biķernieku iela 11 - 16
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series C
Total Funding
$352M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 09, 2021
Investors
Ranked
4th among 22 active competitors
Employee Count
196 as on Mar 31, 2026
Similar Companies
Legal entities associated with Lilac Solutions
Lilac Solutions is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LILAC CIN: 40103567621 , Latvia, Active | Jul 19, 2012 | €0 - €1M (As on Dec 31, 2024) | 1 (As on Dec 31, 2023) | - |
Lilac Solutions, Inc. CIN: 6069445 , United States, Active | Jun 14, 2016 | - | 121 (As on Dec 31, 2022) | - |
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Lilac Solutions's funding and investors
Lilac Solutions has raised a total funding of $352M over 9 rounds. Its first funding round was on Feb 21, 2017. Lilac Solutions has 23 institutional investors.
Here is the list of recent funding rounds of Lilac Solutions:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 12, 2026 | 3081793 | Series C | 5957327 | 9806387 | 1755689 | 6857666 |
Feb 12, 2024 | 5853395 | Series C | 9376165 | 5965023 | 1838082 | |
Sep 22, 2021 | 6364229 | Series B | 8890705 | 1157692 |
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Lilac Solutions' founders and board of directors
Founder? Claim ProfileLilac Solutions' Board of Directors
Lilac Solutions's board has 7 active members. Matthew Nordan, Katie Rae, David Danielson, Clay Dumas, Nicholas Goldberg, David Gelinas and David Snydacker are independent board members.Here is the list of Lilac Solutions' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 3m | |
t{gqxam | Independent board member | - | Current | 9y 1m |
cdyuhql | Independent board member | - | Current | 9y 6m |
ghqbdfx | Independent board member | - | Current | 4y 5m |
cklweyh | Independent board member | - | Current | 3y 4m |
doikeew | Independent board member | - | Current | 7y 9m |
ppmvxki | Independent board member | - | Current | 3y 9m |
Lilac Solutions' employee count trend
Lilac Solutions has 196 employees as of Mar 26. Here is Lilac Solutions's employee count trend over the years:
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Lilac Solutions's Competitors and alternates
Top competitors of Lilac Solutions include Mangrove Lithium, Summit Nanotech and Energy Exploration Technologies. Here is the list of Top 10 competitors of Lilac Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mangrove Lithium 2013, Delta (Canada), Series B | Developer of modular scalable lithium refining technology for battery‑grade production | $46.5M | 64/100 | |
2nd |  Summit Nanotech 2018, Calgary (Canada), Series B | Developer of a process for extracting lithium | $95.7M | 63/100 | |
3rd |  Energy Exploration Technologies 2018, Fort Lauderdale (United States), Series B | Developer of direct lithium extraction technology and battery innovation solutions | $135M | 60/100 | |
4th | Lilac Solutions 2016, San Francisco (United States), Series C | Provider of lithium extraction solutions | $352M | 58/100 | |
5th | ElectraLith 2021, Melbourne (Australia), Series A | Developer of direct lithium extraction and refining technology using renewable energy | $17M | 53/100 | |
6th |  LithiumBank 2021, Vancouver (Canada), Public | Developer of direct brine lithium projects focused on resource commercialization | - | 50/100 | |
7th | _1568088198070.png?devicePixelRatio=2&height=30&width=30){kind=logo} International Battery Metals 2010, Vancouver (Canada), Public | Developer of modular direct lithium extraction technology for commercial lithium production | - | 48/100 | |
8th |  ILiAd Technologies 2021, Carlsbad (United States), Seed | Provider of technology solutions for lithium extraction processes | - | 46/100 | |
9th |  Volt Lithium 1997, Calgary (Canada), Early Stage | Provider of Lithium-ion development solutions | $487K | 46/100 | |
10th |  E3 Lithium 2016, Calgary (Canada), Funding Raised | Developer of lithium extraction processes and lithium hydroxide production | - | 43/100 |
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Lilac Solutions's Investments and acquisitions
Lilac Solutions has made no investments or acquisitions yet.
News related to Lilac Solutions
Filter this listMedia has covered Lilac Solutions for a total of 2 events in the last 1 year.
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Lilac Solutions Aims to Extract Lithium for Batteries from Great Salt Lake with $250M PlanForbes•Oct 10, 2025•Standard Lithium, Lithium Americas, MP Materials, Lilac Solutions and 4 others
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Oli Systems Supports Lilac Solutions In Lithium Extraction Process DevelopmentMiningstockeducation•Jan 22, 2025•Olisystems, Lilac Solutions
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Agtech leader Herdwatch acquires two vet software companies in the UK and IrelandPR Newswire•Feb 14, 2024•Herdwatch, Lilac Solutions, ComTag, Lilac Technology and 1 other
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Herdwatch snaps up ComTag and Lilac to boost its vet businessSilicon Republic•Feb 13, 2024•Herdwatch, ComTag, Lilac Solutions, Lilac Technology
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Lake Resources NL and Lilac Announce Achievement of Milestones at KachiInvesting News•Jan 10, 2023•Lake Resources, Lilac Solutions
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Lake Resources announces Kachi plant milestonesMining Magazine•Jan 10, 2023•Lake Resources, Lilac Solutions
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Lake Resources NL (LLKKF) Update on Kachi Pilot PlantStockwatch•Sep 14, 2022•Lake Resources, Lilac Solutions
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