See other companies on Welcome to the Jungle

Lightning Labs

Lightning Network infraastructure firm

Lightning Labs logo
21-100 employees
  • Fintech
  • B2B
  • Cryptocurrency
  • SaaS
  • Blockchain
  • Web 3.0
Haight-Ashbury, San Francisco, CA

Jump to section

Company mission

To bridge the world of open source software and the next-generation of bitcoin financial software.

Our take

San Francisco-based Lightning Labs is building infrastructure that enables users to send money across the world instantaneously and at a low cost through the Bitcoin network.

The company recently raised substantial funding which is being invested into a new infrastructure it's building called the ‘Taro Stablecoin Protocol’, which will ensure that transfers and transactions for Bitcoin will remain easy and efficient for everyone to access whilst creating cheaper charges.

Off the back of an impressive $70 million in funding awarded in April 2022, this new product is in a good position to succeed. The company has been soliciting feedback from the developer community on its proposal for Taro and can therefore use this feedback whilst further developing the product.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Funding (last 2 of 3 rounds)

Apr 2022

$70m

SERIES B

Feb 2020

$10m

SERIES A

Total funding: $82.5m

This company has top investors

Leadership

Olaoluwa Osuntokun

(CTO)

Previously served as a Software Engineering Intern for Google and currently works as a Teaching Assistant UC Santa Barbara.

Elizabeth Stark

(CEO)

Previously taught at Stanford and Yale University and has advised startups ranging from decentralized technology to AI and was an entrepreneur-in-residence at Stanford StartX.

Jobs (2)

All locations

Software Engineering

Sales & Account Management