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Lightning AI

company

About

Lightning AI is the first operating system for AI. Build AI models and Lightning Apps (end to end ML systems).

Details

Last Funding Type
Series B
Last Funding Money Raised
$40M
Industries
Artificial Intelligence,Computer,Machine Learning,Software,Software Engineering
Founded date
Jan 1, 2019
Number Of Employee
1 - 10
Operating Status
Active
Also Known As
PyTorch Lightning,Lightning AI,grid.ai,grid ai

From the creators of the popular framework PyTorch Lightning, Lightning AI enables developers to do two key things: 1) build state-of-the art AI models for high-performance AI research, 2) build Lightning Apps which are end-to-end ML systems which are multi-cloud, fault tolerant and more.

In October 2020, Grid.ai raised $18.6 million Series A funding led by Index Ventures with participation from Bain Capital Ventures, and Firstminute.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$58.60M
Lightning AI has raised a total of $58.60M in funding over 2 rounds. Their latest funding was raised on Jun 16, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 16, 2022 Series B $40M 5 Coatue Detail
Oct 8, 2020 Series A $18.60M 3 Index Ventures Detail
Dec 13, 2019 Seed 2 Bain Capital Ventures Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Lightning AI has made 1 investments. Their most recent investment was on Jun 1, 2021, when Clay raised $650K.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 1, 2021 Clay
Seed $650K Health Care

Investors

Number of Lead Investors
Number of Investors
3
6
Lightning AI is funded by 6 investors. Coatue and Bain Capital Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Coatue Yes Series B
Bain Capital Ventures Series B
Firstminute Capital Series B
Index Ventures Series B
MANTIS Venture Capital Series B
SVA Seed

Employee Profiles

Number of Employee Profiles
11
Lightning AI has 11 current employee profiles, including Advisor Jason Warner
Advisor
Board member
Executive
Advisor
Advisor