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The Venture Codex

Lightyear

90 State Street, Suite 700, Albany, New York, 12207, United States

Overview

Lightyear is a startup headquartered in New York that recently secured significant backing from both venture firms and high-profile angel investors. The Series A announcement did not disclose details about the company’s core product, market focus, or operating metrics, but the breadth of its investor base signals confidence in Lightyear’s strategy. The company has now raised $13.1 million in new equity funding. Existing investors Amplo, Ludlow Ventures, Susa Ventures, Operator Partners, Contrary Capital, and Darco Capital all participated in the latest round, demonstrating continued support. New investors include Ridge Ventures, which led the round, along with Zigg Capital and several well-known angels such as Barry Sternlicht, Gokul Rajaram, Michael Rapino, Marcus Ridgway, and Stephen Klenert. No revenue figures, user numbers, or future product plans were provided in the announcement. The fresh capital positions Lightyear to continue building out its offering and scale operations.

Total raised
$44M
Funding rounds
2
Latest round
Series B
Latest activity
Nov 2024

Industries

  • IT Infrastructure
  • Telecommunications
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Recent funding

  1. Series B

    Nov 2024

    $31M

  2. Series A

    Jul 2021

    $13M

Team