Lightico Overview
Lightico is an award-winning SaaS platform that empowers businesses to accelerate their customer journeys through automated workflows. With the Lightico Digital Completion Cloud, companies can leverage no-code workflows to easily collect customer eSignatures, documents, and payments, and authenticate ID in real time straight from the customer's smartphone. By unifying the steps of customer-facing processes, businesses enjoy faster and shorter sales and servicing cycles, boost their net promoter score, and significantly improve their completion rates. Hundreds of enterprises, including Fortune 500 companies in highly regulated industries such as finance, insurance, and telecommunications, rely on Lightico to make their customer journeys more efficient and streamlined.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Lightico acquires Vizolution after laying off 25% of workforce | CTech
Israeli fintech startup Lightico has announced its acquisition of European customer experience technology provider Vizolution. The merger aims to create a global leader in B2B2C digital completion for the financial services and telecom industries. Lightico plans to double its headcount following the acquisition. The deal will combine Vizolutions solutions with Lighticos digital completion platform. Lightico had previously undergone two rounds of layoffs, but this acquisition will allow the company to scale rapidly. Lightico raised $14 million in a Series B funding round led by Capital One Ventures in July 2021.
PartnersExpand
growth-negative
Lightico lays off 25% of team in second round of cutbacks | CTech
Fintech startup Lightico has announced a second round of layoffs, with 20 employees being let go, accounting for 25% of its workforce. The company had previously laid off 20 employees in March 2021. CEO Zviki Ben Ishay stated that the layoffs were necessary to reach profitability and control the companys destiny. Lighticos business sector is not experiencing a slowdown, but high marketing costs require burning money to grow. The company raised $14 million in a Series B funding round led by Capital One Ventures in July 2021, bringing the total round to $27 million. Hapoalim Bank, lool Ventures, Crescendo Venture Partners, and Mangrove Capital Partners also participated in the funding round. Lighticos digital completion platform is used by major companies in various industries.
Layoffs
growth-positive
Inovatec Partners with Lightico to Deliver Digitally Complete Customer Journeys for Lenders - ABFJournal
Inovatec Systems has reached a partnership agreement with Lightico to provide digitally complete customer journeys to lenders in North America. Through this partnership, lenders can access Lighticos capabilities directly through the Inovatec LOS. Inovatecs cloud-based solutions enable lenders to expedite underwriting and improve loan management through intelligent automation. In addition to integrating Lighticos features into its LOS platform, Inovatec plans to add them to its LMS Consumer Direct portal in the future.
Partners
growth-positive
Fintech company Lightico hires Rachel Lipschitz-Levy as Director of Revenue Operations
Lightico, a B2C digital completion cloud solution company, has appointed Rachel Lipschitz-Levy as its new Director of Revenue Operations. Lipschitz-Levy joins after 14 years at Google Israel. Lighticos digital completion platform is used by major companies in various industries. The company plans to recruit about 30 more employees and double its staff in Israel within the coming year.
Expand
growth-positive
Capital One Ventures makes second investment in Lightico in less than ten months
Lightico, an Israeli digital customer experience solutions provider, has announced an additional $14 million in its Series B funding round, bringing the total round to $27 million. The company also reported a 230% growth in 2020. The funding will support Lighticos operations, including the rollout of its Digital Completion Cloud and the addition of 30 new hires. Lighticos clients include Capital One, MetLife, and GlaxoSmithKline. The companys platform allows businesses to collect documents, verify identification, and accept payments from customers smartphones. Capital One Ventures expressed confidence in Lighticos platform and its potential in the market.
InvestmentExpand
| Sector | Business Software |
Funding
| Total funding | $52M |
| Last funding | $10M |
| Stage | B |
| Rounds | 6 |
| Investors | 9 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.lightico.com |
| Careers | Careers page |
Locations
HaHashmonaim Street 121, Tel Aviv-Yafo, Israel
140 Broadway, New York, NY, USA
Photos & Videos
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