# LightOn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lighton

- Industry: Hardware
- Headquarters: Paris, France
- Website: www.lighton.io
- Total disclosed funding: $2.1M
- Latest round: Seed (Jan 30, 2019)
- Investors on record: 2

## About

LightOn is a technology company that specializes in advanced Generative AI solutions for enterprises, enhancing data interaction through innovative applications such as its flagship product, Paradigm.Founded in 2016 and headquartered in Paris, France, LightOn provides enterprise AI solutions aimed at improving document retrieval and interaction. The company was co-founded by Florent Krzakala, Igor Carron, and Sylvain Gigan. In January 2019, LightOn raised EUR 1.86 million in Seed funding from investors Anorak Ventures and Station Partners. The firm has completed a total of 3 deals and currently holds a valuation of EUR 6.004 mn, with its most recent funding round being the Seed round amounting to EUR 1.864 mn.LightOn specializes in advanced Generative AI solutions catered to enterprise needs, primarily through its flagship product, Paradigm. This platform integrates Large Language Models (LLMs) to provide enhanced document retrieval and interaction capabilities, allowing users to query diverse data formats such as text, images, tables, and graphs. The technology serves a variety of sectors, including aerospace, where clients like Safran utilize the LLM-powered chat assistants to extract insights from technical documentation. Additionally, IT outsourcers in the Île-de-France region leverage Paradigm to optimize their technical architecture, offering tailored tools and user-friendly interfaces for organizations across Europe and North America.LightOn operates on a subscription-based revenue model, generating EUR 1,221,833.40 in revenue for the most recent year, 2024. This revenue is derived mainly from partnerships and direct sales, with organizations subscribing to utilize its Paradigm platform. The company reported an EBITDA of EUR -4,697,944 for the same year, highlighting the financial challenges during its growth stage. LightOn offers various pricing plans that include features such as enhanced security and compliance with standards like SOC 2 and ISO 27001, along with consultancy services for successful technology implementation.LightOn plans to launch new features for its Paradigm platform aimed at enhancing its capabilities and user experience. The company is targeting expansion into North American markets by the end of 2025, leveraging its recent Seed funding of EUR 1.86 million raised in January 2019 to support these initiatives. This funding will be utilized to enhance product development and expand market reach, ensuring LightOn's growth in the enterprise AI sector.

## Funding rounds

- Seed, Jan 30, 2019, $2.1M — Anorak Ventures, Station Partners

## Investors

- Anorak Ventures (https://capitalatlas.ai/funds/anorak-ventures) — Seed
- Station Partners (https://capitalatlas.ai/funds/station-partners) — Seed