# Lightricks

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

- Industry: Software
- Headquarters: Jerusalem, Israel
- Website: www.lightricks.com
- Total disclosed funding: $275M
- Latest round: Series D (Sep 19, 2021)
- Investors on record: 10

## About

Founded in 2013 and based in Jerusalem, Israel, Lightricks Ltd. operates as a developer of an online platform that provides editing tools to create and retouch images and videos. Zeev Farbman (CEO), Amit Goldstein (COO), Yaron Inger (CTO), Nir Pochter (CMO), and Itai Tsiddon co-founded the company and have raised three venture capital financings from private equity investors, including Viola Ventures, Insight Partners, Goldman Sachs Merchant Banking Division, and Greycroft. The company operates in five offices around the globe with over 460 employees as of September 2021. Insight Partners and Hanaco Venture Capital co-led a series D funding for Lightricks Ltd. at a USD 1.8 billion post-money valuations in September 2021. 

The company's development team offers a suite of image-processing and video-editing applications such as Facetune, Facetune video, and Filtertune which are social-first apps, Videoleap, Beatleap, and Photoleap, which are storytelling apps and also include more apps like Motionleap, Artleap, Lightleap and Boosted. The platform enables individuals, influencers, and brands to create and share visual content.

Lightricks Ltd. plans to use the September 2021 financing to add 60 more employees by the end of 2021, further develop its tools, and offer more features for creators. The company also has a long-term goal of growing the team to 1000 employees by the end of 2023.

## Funding rounds

- Series D, Sep 19, 2021, $130M — Insight Partners, Harel Insurance Investments, Migdal Insurance Company, Greycroft, Shavit Capital, Goldman Sachs Asset Management, Altshuler Shaham, ClalTech, Hanaco Venture Capital
- Series C, Jul 31, 2019, $135M — Insight Partners, Viola Group, Goldman Sachs Asset Management, ClalTech
- Series A, Aug 12, 2015, $10M — Viola Group

## Investors

- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C, Series D
- ClalTech (https://capitalatlas.ai/funds/claltech) — Series C, Series D
- Harel Insurance Investments — Series D
- Migdal Insurance Company — Series D
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series D
- Shavit Capital (https://capitalatlas.ai/funds/shavit-capital) — Series D
- Altshuler Shaham — Series D
- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series D