Lightrun Funding, Investors & Competitors

Lightrun has raised $115M across 4 funding rounds, most recently a $70M Series B in April 2025.

Last Lightrun funding round

$70M

Series B · Apr 2025

Cumulative funding Lightrun raised

$115M

across 4 funding rounds

Key investors in Lightrun

  • Glilot Capital Partners
  • Insight Partners
  • GTM Capital
  • Accel
  • Citigroup
  • Sorenson Capital
  • SAV (Scale Asia Ventures)
  • Zohar Gilon

Lightrun Overview

About Lightrun

Lightrun is a Tel Aviv-based developer productivity platform that adds dynamic logs, metrics, and traces to running applications without restarts. The tool integrates with IDEs like VS Code and IntelliJ, supporting languages including Java, Node.js, Python, and .NET. Lightrun's GenAI debugger analyzes production issues in real-time, serving enterprises like Monday.com and Check Point. Founded in 2020, the Israel-headquartered company operates globally with offices in the US, enabling teams to monitor microservices and serverless environments.


Founded

2019

HQ

IsraelTel Aviv

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Lightrun Funding History

Lightrun has raised a total of $115M across 4 funding rounds.

Lightrun's first fundraising round was a $4M seed round in June 2020. The most recent completed round was a $70M Series B in April 2025.

Lightrun funding rounds

Lightrun funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2025Series BAccel (lead); Insight Partners (lead); GTM Capital; Citigroup; Sorenson Capital; Glilot Capital Partners$70MLightrun is a developer observability platform founded around 2019-2020, headquartered in New York with operations in Tel Aviv, Israel, that enables real-time debugging, monitoring, and remediation of code in production environments without redeployments or restarts. Its AI-powered Runtime Autonomous AI Debugger simulates code behavior alongside live production, offering live patching capabilities, which is particularly valuable in AI-accelerated development where bugs increase. The platform serves major enterprise customers including Citi, Microsoft, Salesforce, ADP, AT&T, SAP, Priceline, NYSE, and Inditex, with strong traction in regulated, high-stakes industries like finance. On April 28, 2025 (or around April 20-28, 2025), Lightrun raised $70 million in a Series B funding round led by Accel and Insight Partners, with participation from Citi, Glilot Capital Partners, GTM Capital, and Sorenson Capital, bringing total funding to $110 million following an $18 million Series A in 2021 led by GTM Capital. Funds will support enterprise expansion, particularly in financial services, team growth (already doubled in size), product development for AI-powered observability and autonomous remediation, and scaling operations to shift from post-mortem monitoring to proactive, autonomous problem resolution. Lightrun reported significant growth metrics around the round: revenue increased 4.5x year-over-year (or more than fourfold since launch), team size doubled to over 80 employees, and it onboarded numerous Fortune 500 clients since 2024. Investors highlighted the platform's relevance in an AI-native software landscape where real-time remediation is essential for uptime, compliance, and competitiveness, as code generation accelerates but bugs become costlier.
Jan 2023Undisclosed stageGTM Capital (lead); Insight Partners; Glilot Capital Partners$18MLightrun is a developer observability platform enabling real-time debugging, logs, metrics, and traces in running applications without code changes or redeploys, serving enterprises like Salesforce, Microsoft, SAP, AT&T, Citi, ADP, Priceline, NYSE, and Inditex. Founded in 2019 or 2020, headquartered in New York with Tel Aviv operations, it positions itself in the shift from traditional observability to AI-powered autonomous remediation. The ~Jan 2023 Series A round, led by GTM Capital with Glilot Capital Partners and Insight Partners, raised $18M. A subsequent Series B in April 2025 raised $70M led by Accel and Insight Partners, with participation from Citi, Glilot Capital, GTM Capital, and Sorenson Capital, increasing total funding to $110M-$115M across 5 rounds. For the 2025 Series B, Lightrun reported 4.5x year-over-year revenue growth, team doubling to 80+ employees, and onboarding of Fortune 500 customers since 2024. Funds supported enterprise expansion in financials, AI platform development for autonomous debugging and remediation. GTM Capital's site notes Lightrun advanced to Series C stage by 2024 with $165M total funding, indicating strong post-Series B growth trajectory in the developer tools sector.
May 2021Series AInsight Partners (lead); SAV (Scale Asia Ventures); Glilot Capital Partners$23MLightrun develops a continuous debugging and observability platform that enables developers to debug live production code without redeployment, supporting environments like on-prem, cloud, containers, and serverless. The company announced a $23 million Series A funding round on May 26, 2021, led by Insight Partners, with participation from existing investor Glilot Capital Partners, bringing total funding to $26 million including a prior $4 million seed. Proceeds were allocated to expand the engineering team, accelerate enterprise-level features for shift-left observability, grow the developer community, hire across functions, and increase U.S. presence. At the time, Lightrun supported Java and IntelliJ, with plans to add Python, Node.js, and more IDEs, and had launched integrations with Datadog, Logz.io, Prometheus, Slack, and StatsD, plus a free community edition. Customers included Taboola, Sisense, and Tufin, and it was named a Gartner Cool Vendor for Monitoring, Observability, and Cloud Operations. Lightrun positions itself as developer-native observability, shifting from traditional APM tools designed for operators to real-time, ops-free tooling directly in developers' IDEs, addressing limitations of log-everything approaches. The platform ensures enterprise-grade security with ISO-27001 approval and a proprietary sandbox to maintain application behavior integrity. By May 2021, the company had doubled its employee count over the prior year, reflecting growth amid rising demand for rapid feature development and frequent shipping in enterprises. Subsequent developments include a $70 million Series B in April 2025 co-led by Accel and Insight Partners, with participation from Glilot Capital, GTM Capital, Sorenson Capital, and Citi, bringing total funding to $110 million; this round focused on AI-powered debugging amid exploding AI coding trends increasing code volume and bugs, with revenues reportedly growing over fourfold since launch.
Jun 2020SeedGlilot Capital Partners (lead); Benny Schnaider; Guy Guzner; Modi Rosen; Efi Cohen; Zohar Gilon; Sarit Firon; Ran Sarig$4MLightrun is a Tel Aviv-based developer observability and continuous debugging platform founded in 2019 by Ilan Peleg (CEO) and Leonid Blouvshtein (CTO). The company raised a $4 million seed round led by Glilot Capital Partners in June 2020, with participation from engineering executives at Fortune 500 firms. At the time of the seed round, Lightrun employed approximately a dozen people and planned to use the funding to expand language support and add new features including tracing capabilities. The company went on to raise significant follow-on funding, including a $23 million Series A round in late 2020 and a $70 million Series B in April 2025, growing to serve enterprise customers including Citi, Microsoft, Salesforce, SAP, and others.

Who has invested in Lightrun?

14 investors have backed Lightrun across its funding rounds, including Glilot Capital Partners, Insight Partners, GTM Capital, Accel, Citigroup and Sorenson Capital.

Lead investors include Accel, Insight Partners, GTM Capital and Glilot Capital Partners.


Lightrun Investors

Investors in Lightrun by funding rounds participated
InvestorHQRoundsRoleFirst check
Glilot Capital PartnersIsraelHerzliya4LeadJun 2020
Insight PartnersUnited StatesNew York City, NY3LeadMay 2021
GTM CapitalUnited StatesMiami, FL2LeadJan 2023
Benny SchnaiderIsraelIsrael1ParticipantJun 2020
CitigroupUnited StatesSan Antonio, TX1ParticipantApr 2025
Guy GuznerIsraelTel Aviv1ParticipantJun 2020
SAV (Scale Asia Ventures)United StatesSan Francisco, CA1ParticipantMay 2021
Sorenson CapitalUnited StatesSalt Lake City, UT1ParticipantApr 2025
Modi RosenIsraelIsrael1ParticipantJun 2020
Efi CohenIsraelIsrael1ParticipantJun 2020
Zohar GilonIsraelIsrael1ParticipantJun 2020
Sarit FironIsraelRa'anana1ParticipantJun 2020

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Lightrun Competitors

Lightrun competitors include listed companies like Datadog, Suresofttech and Intercede Group, and private ones like Honeycomb, Anthropic and OpenAI.

Public and private companies comparable to Lightrun
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
HoneycombUnited StatesSan Francisco, CAPrivate--$480M-
SuresofttechSouth KoreaSouth KoreaPublicly listed$68M$10M$163M-
Intercede GroupUnited KingdomUnited KingdomPublicly listed$23M$5M$101M3.0x
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x

Lightrun Public Comps

Lightrun is still privately-owned, but its public comps include ServiceNow, Cloudflare, Datadog, Atlassian, MongoDB, VeriSign, Dynatrace, DigitalOcean, JFrog and Elastic.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Atlassian$6.6B$142M7.4x7.2x342.1x23.7x
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
VeriSign$1.7B$1.2B17.3x16.6x24.9x22.6x
Dynatrace$2B$276M7.5x7.0x55.0x23.0x
DigitalOcean$901M$343M18.2x14.9x47.9x37.7x

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Common questions about Lightrun

When was Lightrun founded?Lightrun was founded in 2019.
Where is Lightrun headquartered?Lightrun is headquartered in Tel Aviv, Israel.
Is Lightrun publicly listed?No, Lightrun is a private, VC-backed company.
How much funding has Lightrun raised?Lightrun has raised $115M across 4 funding rounds.
What was Lightrun's last funding round?Lightrun's last funding round was a $70M Series B in April 2025, led by Accel and Insight Partners.
Who are Lightrun's investors?Lightrun's investors include Glilot Capital Partners, Insight Partners, GTM Capital, Benny Schnaider, Citigroup, Guy Guzner, SAV (Scale Asia Ventures), Sorenson Capital, Modi Rosen, Efi Cohen and 4 others.
Which companies are comparable to Lightrun?Companies comparable to Lightrun include Datadog, Honeycomb, Suresofttech, Intercede Group, Anthropic and OpenAI.

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