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BroadLight Capital

71 Gansevoort St, New York City, New York, 10014, United States

Overview

BroadLight Capital is an investment firm focused on high-growth, innovative private companies in the global technology, consumer, and media & entertainment sectors.

Total investments
10
Lead investments
1
Investments · 12mo
6
Active investors
2

Sector focus

  • Consumer
  • Media and Entertainment
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Investment portfolio

  • Higgsfield

    Participated · Series B · Aug 2026

    Higgsfield builds an AI-driven platform for generating and iterating short-form video, emphasizing workflows that let users repeatedly rework clips rather than producing one finished asset. The company publicly launched in 2025 and has grown to more than 15 million users across 240 countries. Its business has shifted toward enterprise marketing customers, which now comprise the majority of revenue after moving from under a quarter earlier in 2025. Higgsfield reported annualised revenue of $500 million, up from roughly $200 million at the end of 2025. The team was founded in 2023 by Alex Mashrabov—who previously sold AI Factory to Snap and led generative AI there—alongside CTO Yerzat Dulat and co-founder Mahi de Silva. Management says future investment will prioritize enterprise product development, security, and scaling compute capacity to meet video-generation demand.

  • Ramp

    Participated · Series F · Jun 2026

    Ramp started as an expense-management platform and has expanded into payments, fraud detection, procurement, vendor management and accounting while integrating AI capabilities across its product suite. The company says it has more than 70,000 customers, including Visa, Uber, Shopify, Anduril and Figma, up from 50,000 last November. Ramp reported annualized revenue of more than $1 billion (with Bloomberg reporting a run-rate above $1.5 billion) and said it has reached positive free cash flow. It has launched AI-focused features such as AI agents for procurement, expense management, accounting and budgeting, and even a corporate credit card intended for AI-agent use. Ramp has raised over $3 billion in total capital to date. Management has indicated an eventual aim to go public, though no timing was given.

  • ElevenLabs

    Participated · Series D · Feb 2026

    ElevenLabs builds AI voice models and provides voice-as-a-service offerings aimed at enterprise customers, including multilingual automation and in-network AI agent use cases. The company has secured enterprise contracts with customers such as Deutsche Telekom, Revolut, and Klarna. ElevenLabs reported rapid revenue growth, ending last year with nearly $350 million in ARR, adding $100 million in net new ARR in Q1 2026 to reach roughly $450 million, and later surpassing $500 million in ARR. Its valuation climbed from $6.6 billion in September to $11 billion in February. The startup recently acquired the team from Polish voice AI startup Papla to bolster its research capabilities. It has also completed a $100 million tender and is enabling retail investment via Robinhood Ventures as part of its fundraising activity.

  • Black Forest Labs

    Participated · Series B · Dec 2025

    Founded in 2024 and led by CEO Robin Rombach, Black Forest Labs is a frontier visual-intelligence company focused on advancing production-grade generative AI. Its flagship product, FLUX, delivers 4-megapixel photorealistic image generation and editing with multi-reference control, enabling users to translate imagination into detailed visuals. The technology has already been integrated into the creative and enterprise workflows of partners such as Adobe, Canva, Deutsche Telekom and Meta. The company’s business model centers on licensing and embedding its models into partner platforms while scaling enterprise offerings. To accelerate growth, Black Forest Labs is investing heavily in R&D, expanding technical talent and upgrading computing infrastructure. Following its latest capital raise, the company has secured more than $450 million in total funding, providing significant resources to advance its product roadmap and commercialization efforts.

  • EvenUp

    Participated · Series E · Oct 2025

    EvenUp offers a specialized artificial intelligence platform that streamlines the full lifecycle of personal injury cases, from initial intake through settlement. More than 2,000 law firms rely on the software to draft demand letters and other legal documents, automate complex workflows, and optimize case outcomes. By reducing repetitive tasks, the system helps attorneys improve efficiency and accuracy while freeing staff for higher-value work. The company plans to invest heavily in research and development to add new features and enhance its core technology stack. With fresh capital, EvenUp also intends to broaden its market reach and accelerate customer acquisition across the personal injury segment. Management views the rising demand for AI solutions in legal tech as a catalyst for continued growth. The recently raised Series A funding marks the first publicly disclosed institutional round and underscores investor conviction in the company’s leadership position.

Team