Lightyear AI
Latest round
- Series A
Last raised
- Jul 2021
Total raised
- $17M
Investors
- 8
About Lightyear AI
Lightyear AI, Inc.Lightyear AI, Inc. was founded in 2019 in Albany, US. The company focuses on automating telecom operations, facilitating procurement, inventory management, and bill consolidation., Mark Hendriks, Ryan Lewis, and Ryan Schrack, bring diverse experiences from previous ventures.Lightyear's core offering is its Telecom Operating System that manages the entire telecom lifecycle for enterprises through automation and data-driven insights. The software enables procurement, network inventory management, and bill consolidation, optimizing telecom operations. It also provides advanced procurement capabilities tailored for clients' needs, consolidating over 30 data points for each service, which allow full visibility into network assets and automated lifecycle workflows.Lightyear generates revenue through a subscription-based model, where clients pay for access to its Telecom Operating System and related services. Contracts typically span a specified term, allowing clients to utilize the software for procurement, inventory management, and billing consolidation. By offering a single monthly statement for telecom invoices, Lightyear simplifies billing processes for large enterprises and IT departments. The company aims to expand its product offerings and enhance its existing Telecom Operating System. Additionally, Lightyear is exploring opportunities to enter new geographic markets, targeting expansion in Europe and Asia by 2023.
Who invested in Lightyear AI
8 investors across 2 rounds
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Questions about Lightyear AI
Who invested in Lightyear AI?
Lightyear AI has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lightyear AI raised?
Lightyear AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Lightyear AI last raise money?
Lightyear AI's most recent round on record is a Series A, in Jul 2021.
What does Lightyear AI do?
Lightyear AI is a internet company.
Where is Lightyear AI headquartered?
Lightyear AI is headquartered in Albany, US.
Which VCs invest in companies like Lightyear AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Lightyear AI's stage. Their profiles are linked below.
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