Lightricks

L
Lightricks
  • Headquarters

    Jerusalem, Israel
  • Founded

    2013
  • CEO / Founder

    Zeev Farbman
  • Employees

    201-500
  • Funding

    Series D+ — $335M
  • Products

    1 product listed
  • Avg. AI Score

    7.5/10

Profile updated

Products
1
Avg AI Score
7.5/10
Founded
2013
Funding
$335M
About Lightricks

Lightricks was founded in 2013 by Zeev Farbman, Itai Tsiddon, and Yaron Inger, and is headquartered in Jerusalem, Israel. The company builds mobile and web applications for photo and video editing, combining computer vision and machine learning research with consumer and professional creative tools.

Lightricks' product portfolio includes Facetune and Facetune2, Photoleap, Videoleap, and Motionleap, apps used for photo retouching and video editing on mobile devices. In February 2024, the company launched LTX Studio, an AI-powered platform for generating and previsualizing video content aimed at filmmakers, marketers, and creative teams. Lightricks has also developed its own text-to-image and text-to-video generative models, including LTX-2.

The company has raised over $330 million in funding from investors including Group 11, Insight Partners, Goldman Sachs Asset Management, and Sequoia Capital, reaching a valuation of over $1.8 billion in a prior funding round. Lightricks employs several hundred people, with additional offices beyond its Jerusalem headquarters.

Specialties
Generative AIComputer VisionVideo GenerationPhoto and Video Editing AppsText-to-Video ModelsMobile App Development
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$1.8B
lightricks.com
Total Raised
$335M
lightricks.com
Valuation over time
$1B(July 2019, est.)$1.8B(Sep 19, 2021, est.)
Products by Lightricks

All products by Lightricks reviewed by our AI panel of experts.

How Our Review Panel Scores Lightricks

Six independent reviewer personalities assessed Lightricks's product on their own terms. They disagreed by 1.0 points — The Skeptic was the hardest to convince, The Domain Strategist the most positive.

The Domain Strategist
7.9
The Decision Maker
7.6
The Domain Practitioner
7.6
The Power User
7.6
The Finance Lead
7.2
The Skeptic
6.9

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Lightricks competes with, and how they differ.

Company Timeline

Key milestones in Lightricks's history, with sources.

  1. Milestone

    Lightricks splits into separate LTX and Facetune units

    Lightricks splits its consumer app business (Facetune, ~$300M/yr revenue) from its generative-video unit LTX, giving each its own leadership and P&L; co-founder Zeev Farbman leads LTX while Asaf Porat (ex-Outbrain) becomes CEO of the Facetune unit. The move comes with a cut of 75 jobs (17% of staff).

    wincountry.com
  2. Launch

    Lightricks releases LTX Video, its first open-source video model

    Lightricks releases LTXV, a 2B-parameter open-source text-to-video diffusion-transformer model that generates 5 seconds of video in about 4 seconds, positioning foundation models as a commodity while monetizing the surrounding tooling.

    venturebeat.com
  3. Milestone

    Lightricks cuts 12% of workforce to refocus on generative AI

    Lightricks eliminates 70 of its roughly 600 positions, redirecting resources from its legacy consumer apps toward generative AI B2B products and hiring dozens of AI specialists.

    timesofisrael.com
  4. Launch

    Lightricks launches LTX Studio, an AI filmmaking platform

    Lightricks launches LTX Studio, a web-based generative AI tool that turns text prompts into scripts, storyboards and consistent-character video scenes; built from scratch as the company's first primarily web-based product and its most ambitious AI bet to date.

    siliconangle.com
  5. Funding

    Lightricks raises $130M Series D at $1.8B valuation

    Lightricks raises $130M in a Series D round led by Insight Partners and Hanaco VC, lifting its valuation to $1.8B and its total funding raised to $335M.

    lightricks.com
  6. Funding

    Lightricks raises $135M Series C, becomes Israeli unicorn at $1B valuation

    Lightricks raises $135M led by Goldman Sachs Asset Management, becoming Israel's latest unicorn at a $1B valuation on the strength of Facetune and Enlight, with more than 180M downloads and nearly 3M paying subscribers.

    venturebeat.com
  7. Funding

    Lightricks raises $60M Series B

    Lightricks raises $60M led by Insight Venture Partners to fund growth of its Facetune and Enlight photo/video editing apps.

    venturebeat.com
  8. Funding

    Lightricks raises $10M in its first outside funding round

    Lightricks, then a 30-person, already-profitable team behind Facetune and Enlight, raises $10M led by Carmel Ventures, having already sold over 5 million app copies on a paid (not freemium) model.

    techcrunch.com
  9. Founded

    Lightricks founded in Jerusalem

    Zeev Farbman, Nir Pochter, Yaron Inger, Amit Goldstein and Itai Tsiddon found Lightricks out of the Hebrew University of Jerusalem to build consumer imaging tools using computer graphics and machine learning.

    en.wikipedia.org

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