# Light Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/light-labs

- Industry: Electronics
- Headquarters: Palo Alto, US
- Website: www.light.co
- Total disclosed funding: $186M
- Latest round: Series D (Jul 5, 2018)
- Investors on record: 10

## About

Light Labs Inc. is a technology company focused on enhancing operational efficiencies through innovative software solutions that optimize data management, analytics, and customer engagement across various industries.Founded in 2013, Light Labs Inc. operates from its headquarters in Palo Alto, US. The company specializes in software solutions aimed at improving decision-making processes for businesses. The founders include Dave Grannan, Jude Sinjeh, Maalik Muthaliff, and Rajiv Laroia, with Dave Grannan currently serving as CEO. In May 2022, Light Labs Inc. was acquired by John Deere Financial LLC, a portfolio company of Insight Investment Group, from SB Investment Advisers and Leica Camera AG. The company has completed a total of 7 deals, with its latest funding round being a SERIES D of USD 121.00 mn, bringing the total amount raised to USD 121.00 mn and resulting in a current company valuation of USD 311.40 mn.Light Labs Inc. offers a suite of software applications designed to enhance operational efficiency and streamline customer engagement. Their products facilitate data management, analytics, and communication for diverse industries, including finance and healthcare. These solutions are tailored to improve business decision-making and optimize customer relationship management, serving a client base primarily in North America and Europe. The company's continuous improvement ethos reflects its commitment to adapting to market needs.The company generates revenue through subscription-based services and direct software license sales. Clients typically engage via annual subscription plans, ensuring access to the latest software features. Partnerships with industry stakeholders aid product distribution, with pricing established based on the implementation scale and service complexity. Revenue is further supplemented by support and maintenance services to maximize software effectiveness for clients.Light Labs Inc. is focused on expanding its product offerings and entering new markets. Upcoming products are being designed to enhance existing functionalities, although specific release dates have not been disclosed. The company aims to expand its presence in European markets by the end of 2023. Recent funding from the SERIES D round will support these initiatives, allowing for increased investment in product development and market expansion efforts.

## Funding rounds

- Series D, Jul 5, 2018, $121M — Leica Camera AG, SB Investment Advisers
- Series C, Jun 23, 2016, $30M — CRV, Bessemer Venture Partners, StepStone, GV, Eclipse Ventures
- Series B, Jun 11, 2015, $25M — CRV, Bessemer Venture Partners, StepStone, Tuesday Capital, Formation8, HCM Capital
- Series A, Apr 2, 2014, $9.7M — CRV, Bessemer Venture Partners, Tuesday Capital
- Seed, Oct 1, 2013 — CRV

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed, Series A, Series B, Series C
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B, Series C
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Series A, Series B
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series B, Series C
- Formation8 (https://capitalatlas.ai/funds/formation8) — Series B
- HCM Capital (https://capitalatlas.ai/funds/hcm-capital) — Series B
- GV (https://capitalatlas.ai/funds/gv) — Series C
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series C
- Leica Camera AG — Series D
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D
