Lightricks, Award-Winning App Developer, Raises $130M Series D To Power Expansion And Champion Creator Economy Users
Round Type
Series D
New YorkSoftwareMedia And EntertainmentMobileCommunity And LifestyleAppsDescription
Lightricks, creator of the world's leading photo and video editing apps including Facetune2, Facetune Video, and Videoleap, today announced $130M in Series D funding. The round is comprised of $100M in primary and $30M in secondary funding which brings Lightricks’ total funding to-date to $335M and the company’s latest valuation to $1.8 billion. The round was co-led by New York-based global private equity and venture capital firm Insight Partners and Hanaco Venture Capital, with participation from existing investors Goldman Sachs Asset Management, Clal Tech, Harel Insurance and Finance and Greycroft, and new investors Migdal Insurance, Altshuler Shaham and Shavit Capital. Lightricks raised this strategic Series D to power the expansion of its suite of tools and offer more features and services for creators, further cementing its position as a leading player in the booming creator economy.
Quick answer
Lightricks raised an undisclosed amount in a Series D round, dated September 22, 2021. Lightricks is based in New York, United States.
- How much did Lightricks raise?
- Lightricks raised an undisclosed amount in a Series D round on September 22, 2021.
- What does Lightricks do?
- Facetune developer Lightricks, which operates over a dozen subscription-based photo and video editing apps across iOS and Android, now has $130 million in new funding to further grow its business.
- Where is Lightricks based and how big is it?
- Lightricks is based in New York, United States.
Source: Fundz verified event record.
Who else raised in Media And Entertainment and Mobile around the same time
Companies in the same sectors as Lightricks that raised within 45 days of this round, from Fundz verified event records.
- DYRT, INC. raised $11M on November 5, 2021.
- DYRT, INC. raised an undisclosed amount (Funding Round) on October 19, 2021.
- oVice raised $18M (Series A) on November 2, 2021.
- WellCare of North Carolina raised an undisclosed amount (Funding Round) on September 27, 2021.
- FrontRow raised $14M (Funding Round) on September 22, 2021.
- Supabase raised $25M on September 10, 2021.
Who to call at Lightricks, and when
A new round usually means Lightricks is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lightricks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lightricks, from your own LinkedIn network
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Lightricks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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