Lightricks

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Lightricks builds AI-powered creative tools for photo and video editing, producing mobile and desktop applications including Facetune, Videoleap, Photoleap, and LTX Studio that serve professional creators, social media influencers, and consumer users with AI-powered editing, enhancement, and generation features. The Jerusalem company has built one of the largest consumer AI creative app portfolios globally by download volume, with its applications generating hundreds of millions of downloads across the App Store and Google Play.\n\nThe company raised approximately $335 million including a Series D from investors including Goldman Sachs, Insight Partners, and Greycroft, reaching a valuation of $1.8 billion. Lightricks reports hundreds of millions of registered users across its app portfolio and generates substantial subscription revenue through premium tiers across Facetune and Videoleap. The company has invested heavily in generative AI capabilities including text-to-image and text-to-video features built into its mobile applications, positioning the portfolio for continued relevance in the AI creative tools market.\n\nLightricks competes in the mobile creative AI market against Adobe Lightroom, Canva, and Snap, as well as against dedicated AI creative tools including Midjourney and Runway. Its strength in the mobile consumer segment, where it has established distribution and high review ratings, differentiates it from professional desktop AI creative tools. The Israel engineering talent pool, particularly in computer vision and computational photography, has been a key resource for building the technical depth in image processing that underlies the Lightricks application portfolio.

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