# Kite & Lightning

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kite-lightning

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.kiteandlightning.la
- Total disclosed funding: $2.5M
- Latest round: Seed (Jul 26, 2016)
- Investors on record: 6

## About

Kite & Lightning specializes in innovative software solutions that empower digital content creators, enhancing their productivity and creative capabilities through efficient project management tools.Founded in 2013 in Los Angeles, US, Kite & Lightning develops software designed for digital content creators. The company completed a SEED funding round in July 2016, raising USD 2.5 mn led by The Raine Group with participation from other notable investors. Founders Cory Strassburger and Ikrima Elhassan have established a firm that focuses on improving the workflows of creative professionals, with its primary operations based in North America and Europe.Kite and Lightning offers a range of innovative products and services centered around the intersection of technology and creativity. Their core offerings include software solutions designed for digital content creators, enabling efficient production and management of multimedia projects. The company's products are tailored for various end users, including independent creators, studios, and educational institutions, all of whom seek to enhance their creative workflows and streamline project execution. The software solutions address challenges such as content collaboration, version control, and resource allocation, thereby improving overall productivity. Kite and Lightning primarily serves customers in North America and Europe, ensuring that its products are accessible to a wide demographic of creative professionals.Kite and Lightning generates revenue through a structured model that includes subscription-based services and direct sales of its software products. Customers typically engage with the company's offerings via monthly or annual subscription plans, allowing for flexible access to essential tools while providing ongoing updates and support. Additionally, the company may establish partnerships with educational institutions and creative enterprises, offering tailored packages that enhance their operational capabilities. Revenue streams are supported by flagship products, which are pivotal in driving client engagement and retention. Each subscription tier is designed to meet the varying needs of individual users and organizations, ensuring a scalable approach to pricing and service delivery.Kite & Lightning is focused on expanding its product offerings and reaching new markets. With the funds raised in the USD 2.5 mn SEED round led by Raine Ventures in July 2016, the company plans to enhance its software solutions and invest in the development of new features that cater to emerging needs of content creators. Additionally, the company aims to expand its presence in Asia and South America by 2024, targeting regions where digital content creation is rapidly growing. This strategic initiative is intended to diversify its customer base and drive long-term growth.

## Funding rounds

- Seed, Jul 26, 2016, $2.5M — Comcast Ventures, The Raine Group, Social Capital, Boost VC, Courtside Ventures, Outpost Capital

## Investors

- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Seed
- The Raine Group (https://capitalatlas.ai/funds/the-raine-group) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed
- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Seed
- Outpost Capital (https://capitalatlas.ai/funds/outpost-capital) — Seed