Lighter
PrivateLast Round
Series B
Nov 11, 2025
Est. Valuation
$1.5B
Total Funding Raised
$68M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Lighter is a fintech company that operates a decentralized perpetual futures and spot exchange built as an application-specific zero-knowledge rollup on Ethereum.
Sector
Crypto & Web3
Verticals
DeFi, Crypto Exchanges, Blockchain Infrastructure, Layer 2 Solutions, Smart Contracts
Business Model
B2B2C
Customer Profile
Usage-Based SaaS, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Lighter Comparables
Compare Lighter with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| dYdX Trading Inc. | 83% | |
| Paradex | 80% | |
| Aevo | 79% |
Lighter Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Nov 11, 2025 |
Lighter Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Progression Fund | Series B |
| Craft Ventures | VC Round |
| Founders Fund | Series B |
| Haun Ventures | Series B, VC Round |
| Dragonfly Capital | VC Round, Series B |
| Robot Ventures | VC Round, Series B |
| Alpen Capital | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 20, 2026
Grew 21% QoQ, from 19 to 23 employees.
- Apr 24, 2026
Launched Multi-Asset Margin for non-USDC collateral.
Lighter Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Lighter's valuation, stock price, and market status.
Is Lighter a public or private company?
Lighter is a private company.
What is the current stock price of Lighter?
Lighter is a private company with no public stock price. No recent secondary market data is available.
How much is Lighter worth (valuation)?
Lighter's valuation is estimated at $1.5B based on funding round data.
Can I buy Lighter stock?
Lighter shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Lighter's last funding round?
Lighter's most recent funding round was VC Round on November 11, 2025.
Who are the main investors in Lighter?
Key investors in Lighter include Craft Ventures, Founders Fund, Haun Ventures, Ribbit Capital.
Will Lighter IPO soon?
No public IPO plans have been announced for Lighter.
How can I track Lighter secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Lighter's secondary market activity and sign up for updates.