Lightricks Revenue, Valuation, Funding & Investors
Lightricks is valued at $1.8B as of September 2021, a 9.0x multiple on its last reported $200M revenue.
Last Lightricks valuation
$1.8B
Series D · Sep 2021
Last Lightricks funding round
$100M
Series D · Sep 2021
Lightricks revenue
$200M
Series D · Sep 2021
Key investors in Lightricks
Insight Partners
ClalTech
Greycroft
Viola Ventures
Goldman Sachs
Goldman Sachs Asset Management
About Lightricks
Lightricks is a Herzliya-based creator of mobile apps for photo and video editing. The company produces Facetune for selfie enhancement, Videoleap for video creation, and Photoleap for AI-powered image manipulation. Founded in 2013, Lightricks serves over 100 million users worldwide through its suite of tools that incorporate AI, machine learning, and computer vision. Available on iOS and Android, the apps enable quick content creation for social media platforms like Instagram and TikTok. The Israel-headquartered firm expanded into enterprise solutions and maintains development teams in Europe and the US.
Founded
2013
HQ
JerusalemWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Revenue
$200M (Sep 2021)
Valuation
$1.8B (Sep 2021)
Lightricks Valuation
Lightricks is currently valued at $1.8B, based on its Series D in September 2021.
The $100M round was led by Hanaco Venture Capital and Insight Partners, with participation from Altshuler Shaham, ClalTech, Greycroft, Migdal Group, Harel Hamishmar and 2 other investors.
Lightricks' valuation has grown 1.8x from $1B at its Series C in July 2019 to $1.8B in September 2021, across 3 priced rounds.
Lightricks valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Sep 2021 | Series D | $1.8B | 9.0x |
| Sep 2021 | Secondary | $1.8B | 9.0x |
| Jul 2019 | Series C | $1B | 4.0x |
Lightricks Revenue
Lightricks' latest recorded revenue is $200M, as of its Series D in September 2021. At a $1.8B valuation, that implies a 9.0x revenue multiple.
Revenue moved from $250M in July 2019 to $200M in September 2021, while the revenue multiple moved from 4.0x to 9.0x.
Lightricks revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Sep 2021 | $200M | $1.8B | 9.0x | Series D |
| Sep 2021 | $200M | $1.8B | 9.0x | Secondary |
| Jul 2019 | $250M | $1B | 4.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Lightricks Funding History
Lightricks has raised a total of $305M across 4 funding rounds, plus 1 secondary share sale.
Lightricks' first fundraising round was a $10M Series A in August 2015. The most recent completed round was a $100M Series D in September 2021.
Lightricks funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2021 | Series D | Hanaco Venture Capital (lead); Insight Partners (lead); Altshuler Shaham; ClalTech; Greycroft; Migdal Group; Harel Hamishmar; Goldman Sachs Asset Management; Shavit Capital | $100M | $1.8B | Lightricks, a Jerusalem-based developer of subscription-based photo- and video-editing mobile apps including Facetune and Videoleap, raised $130 million in a Series D round on September 20, 2021, comprising $100 million primary and $30 million secondary funding. The round, co-led by Insight Partners and Hanaco Venture Capital, with participation from Goldman Sachs Asset Management, ClalTech, Greycroft, Harel Hamishmar, Migdal Group, Altshuler Shaham, and Shavit Capital, valued the company at $1.8 billion post-money and brought total funding to $335 million. In 2021, Lightricks was on track for over $200 million in revenue, planning 40% growth the following year, amid a boom in the creator economy fueled by COVID-19 lockdowns that drove a 90% increase in U.S. app usage and 70% growth in Videoleap downloads. The company reported 29 million monthly active users across its apps, with over 5 million paid subscribers and 78 million monthly exports, highlighting its significant role in content creation for social platforms like TikTok. Lightricks aimed to evolve into a one-stop creator platform, supporting content creation to monetization through in-house development and M&A, planning three to five acquisitions each worth tens of millions. This followed a 2019 Series C round of $135 million at a $1 billion valuation. The funding positioned Lightricks to solidify its tools for creators, capitalizing on pandemic-driven digital engagement and positioning against competitors in the visual effects and AI-enhanced editing space. |
| Sep 2021 | Secondary | - | $30M | $1.8B | Lightricks, a New York- and Jerusalem-based developer of photo and video editing apps including Facetune, Videoleap, and Facetune Video, raised $130 million in its Series D funding round in September 2021, comprised of $100 million primary and $30 million secondary capital. The round, co-led by Insight Partners and Hanaco Venture Capital with participation from Goldman Sachs Asset Management, Clal Tech, Harel Insurance and Finance, Greycroft, Migdal Insurance, Altshuler Shaham, and Shavit Capital, valued the company at $1.8 billion and brought total funding to $335 million. This followed a $135 million Series C in 2019 at $1 billion valuation. The funds support expansion of its creator tools suite, M&A activity with plans for three to five acquisitions each in the tens of millions, and growth into a one-stop creator platform for content creation to monetization. Lightricks reported 29 million monthly active users across its apps, over 5 million paid subscribers, and 78 million monthly exports. In 2021, the company was on track for over $200 million in revenue, planning 40% growth the following year, amid booming creator economy demand boosted by 90% U.S. app usage increase during lockdowns. With over 500 million lifetime downloads and awards like Apple's App of the Year, Lightricks pioneered app subscriptions and operates with 460 employees, targeting 1,000 by 2023 across Jerusalem, Haifa, London, and Shenzhen. |
| Jul 2019 | Series C | Goldman Sachs Growth Equity (lead); Viola Ventures; ClalTech; Greycroft; Left Lane Capital; Goldman Sachs; Insight Partners | $135M | $1B | Lightricks, an Israeli software company, develops subscription-based content creation tools including popular photo and video editing apps like Facetune, with over 180 million downloads and nearly three million paying subscribers worldwide. The apps have received awards such as Best of Google Play, three Apple's App of the Year awards, and the Apple Design Award. On July 31, 2019, Lightricks raised $135 million in a Series C funding round at a $1 billion post-money valuation, led by Goldman Sachs Private Capital Investing (also referred to as Goldman Sachs Growth Equity), with participation from Insight Partners, ClalTech, and others, bringing total funding to $205 million. The round followed a $60 million raise in November 2018. The company employed 250 people across Israel and the UK at the time. Kirk Lepke from Goldman Sachs joined the board, and Harley Miller from Insight Partners praised the company's growth, new products, and market leadership. Proceeds from the $135 million were allocated to accelerate AI-enhanced content creation tools through strategic acquisitions, global office expansion including a new site in Germany, and significant team growth. The funding positioned Lightricks to solidify its role in the multi-billion dollar mass-market content creation industry. |
| Nov 2018 | Series B | Insight Partners (lead); ClalTech | $60M | - | Lightricks is a Jerusalem-based developer of mobile apps for photo and video editing, including popular titles like Facetune, Facetune2, Videoleap, and Enlight, pioneering a subscription-based model that drove rapid growth. The company announced a $60 million funding round on November 19, 2018, led by Insight Partners with participation from ClalTech, marking its second round after a $10 million Series A from Viola Ventures in 2015. Part of the proceeds ($45 million) funded secondary share purchases from founders and employees, with the rest allocated to product development and doubling headcount to 300 across Jerusalem and London offices. At the time, Lightricks reported strong financial traction, with 2018 revenue estimated at more than $50 million and projecting over $100 million in 2019, fueled by 270% year-over-year growth and profitability. The apps had achieved significant downloads and subscribers, later reported as over 180 million downloads and nearly three million paying users by mid-2019. The shift to subscriptions from one-time payments, starting with Facetune2 in 2016, was key to scalability. Lightricks continued expanding, reaching unicorn status in 2019 amid tripled revenues year-over-year for three years and winning awards like Apple's App of the Year. |
| Aug 2015 | Series A | Viola Ventures (lead) | $10M | - | Lightricks raised $10 million in its Series A funding round in August 2015, led by Viola Ventures (also referred to as Viola Group), to expand product development and strengthen its early creative-technology platform. The Jerusalem-based company, founded in 2013, develops mobile apps for photo and video editing, including its best-known product Facetune. Later rounds included a Series B of $60 million in November 2018 at a $330 million valuation and a Series C of $135 million in July 2019 at a $1 billion valuation, led by Goldman Sachs with participation from Insight Partners, Viola Ventures, and ClalTech. Total funding reached $205 million by mid-2019 and $335 million by September 2021's Series D at $1.8 billion valuation. Lightricks reported annual revenues of over $50 million in 2018, growing to $150 million in 2019, with revenues tripling yearly over the prior three years. By July 2025, ARR reached $250 million. The company's apps achieved over 180 million downloads and nearly 3 million paying subscribers by 2019. |
Who has invested in Lightricks?
13 investors have backed Lightricks across its funding rounds, including Insight Partners, ClalTech, Greycroft, Viola Ventures, Goldman Sachs and Goldman Sachs Asset Management.
Lead investors include Hanaco Venture Capital, Insight Partners, Goldman Sachs Growth Equity and Viola Ventures.
Lightricks Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Tel Aviv | 3 | Participant | Nov 2018 | |
 New York City, NY | 3 | Lead | Nov 2018 | |
| Herzliya | 2 | Lead | Aug 2015 | |
| New York City, NY | 2 | Participant | Jul 2019 | |
| Tel Aviv | 1 | Participant | Sep 2021 | |
| New York City, NY | 1 | Participant | Jul 2019 | |
| Tel Aviv | 1 | Lead | Sep 2021 | |
| New York City, NY | 1 | Participant | Jul 2019 | |
| Israel | 1 | Participant | Sep 2021 | |
| Israel | 1 | Participant | Sep 2021 | |
| New York City, NY | 1 | Lead | Jul 2019 | |
This data is available for Pro users. Sign up to see all 13 Lightricks investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Lightricks
Lightricks has acquired 2 companies to date.
Last acquisition by Lightricks was on January 16th 2023. Lightricks acquired Codicate for undisclosed valuation.
Latest Acquisitions by Lightricks
| Description | Codicate is a Denmark-based software agency providing native mobile applications, bespoke web systems, and custom website development. The firm builds iOS and Android apps using Swift, Kotlin, and Flutter, alongside backend services in Node.js and Python. Headquartered in Copenhagen, Codicate delivers projects for clients in retail, healthcare, and education sectors, emphasizing scalable cloud integrations with AWS and Azure. Established in 2013, it focuses on full-stack solutions from prototyping to deployment and maintenance. | Popular Pays is a technology platform headquartered in New York that links brands with content creators via an iOS app and dashboard, providing direct messaging, workflow automation, and analytics for influencer marketing campaigns. |
| HQ Country |  | |
| HQ City | Copenhagen | Chicago, IL |
| Deal Date | 16 Jan 2023 | 23 Mar 2022 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Lightricks acquisitions and their M&A valuation multiples. Start Free Trial | ||
Investments by Lightricks
Lightricks has invested in 1 company to date.
Latest investment by Lightricks was on November 8th 2023. Lightricks invested in Ozone in their $7M Seed round.
Latest Investments by Lightricks
| Description | Ozone is a Tel Aviv-based AI platform for remote video editing collaboration. Users edit 4K footage in real-time, generate mockups instantly, apply color grading via intuitive wheels, and preview exports without rendering. Launched in 2022, Ozone serves production teams at agencies and studios, reducing edit times by 50 percent through cloud processing. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 8 Nov 2023 |
| Round | Seed |
| Raised | $7M |
| Investors | General Catalyst; Bluewatch Ventures; LGVP; Dropbox; Y Combinator; NEA Design; Olive Tree Capital; Soma Capital; Tinder; Polymath Capital; Pioneer Fund |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Lightricks investments and their VC round multiples. Start Free Trial | |
Lightricks Competitors
Lightricks competitors include listed companies like Ireader and Wondershare, and private ones like Picsart, InVision, Framer and InMobi.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Miami, FL | Private | $100M | - | $1.5B | 15.0x | |
| New York City, NY | Private | $100M | - | $1.9B | 19.0x | |
 Amsterdam | Private | $50M | - | $2B | 40.0x | |
 Bangalore | Private | $1B | - | $2B | 2.0x | |
 China | Publicly listed | $484M | ($16M) | $1.5B | 3.5x | |
| China | Publicly listed | $229M | ($6M) | $1.4B | 6.4x |
Lightricks Public Comps
Lightricks is still privately-owned, but its public comps include PDF Solutions, Shanghai Suochen, Opera, Ireader, Wondershare, Meitu, Zwsoft, Nagarro, Smarter Microelectronics and Grindr.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $219M | $10M | 8.2x | 7.2x | 181.2x | - | |||
| $69M | $12M | 24.6x | 20.9x | 142.5x | - | |||
| $615M | $141M | 2.4x | 2.1x | 10.5x | 9.2x | |||
| $484M | ($16M) | 2.7x | 3.5x | (81.1x) | - | |||
| $229M | ($6M) | 6.3x | 6.4x | (231.3x) | (175.1x) | |||
| $575M | $137M | 3.0x | 2.6x | 12.5x | 9.6x | |||
| $133M | $12M | 7.4x | 6.9x | 79.9x | 49.1x | |||
| $1.2B | $134M | 1.2x | 1.2x | 10.2x | 8.0x | |||
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Common questions about Lightricks
| When was Lightricks founded? | Lightricks was founded in 2013. |
| Where is Lightricks headquartered? | Lightricks is headquartered in Jerusalem, Israel. |
| Is Lightricks publicly listed? | No, Lightricks is a private, VC-backed company. |
| What is Lightricks' valuation? | Lightricks was last valued at $1.8B in its Series D in September 2021. |
| How much funding has Lightricks raised? | Lightricks has raised $305M across 4 funding rounds. |
| What was Lightricks' last funding round? | Lightricks' last funding round was a $100M Series D in September 2021, led by Hanaco Venture Capital and Insight Partners. |
| Who are Lightricks' investors? | Lightricks' investors include ClalTech, Insight Partners, Viola Ventures, Greycroft, Altshuler Shaham, Left Lane Capital, Hanaco Venture Capital, Goldman Sachs, Migdal Group, Harel Hamishmar and 3 others. |
| What is Lightricks' revenue? | Lightricks' latest recorded revenue is $200M (September 2021). |
| What is Lightricks' revenue multiple? | Lightricks' latest valuation implies a 9.0x revenue multiple ($1.8B valuation on $200M of revenue). |
| Which companies are comparable to Lightricks? | Companies comparable to Lightricks include Picsart, InVision, Framer, InMobi, Ireader and Wondershare. |
| How many companies has Lightricks acquired? | Lightricks has acquired 2 companies, including Codicate and Popular Pays. |
| How many companies has Lightricks invested in? | Lightricks has invested in 1 company, including Ozone. |
| What was Lightricks' last investment? | In November 2023, Lightricks invested in Ozone's $7M seed round alongside General Catalyst, Bluewatch Ventures, LGVP and 8 other investors. |
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