Lightricks is an AI-first product company that's creating a range of photo and video editing apps, making visual content intuitive and accessible to individuals.
The company monetises its apps through paid subscription plans that unlock functionality. With 40 million monthly users and over 550 million downloads worldwide, Lightricks gained unicorn status back in July 2019.
Lightricks AI-powered photo and generation model LTXV is an open-source product that powers a suite of apps including Facetune, Photoleap and Videoleap. The company recently expanded into creator services with Popular Pays, which connects creators with brands.
With its video diffusion model LTXV and diverse range of products, the company is well poised to serve the growing demand for intuitive and user-friendly content creation software. In 2024, it announced the launch of LTX Studio, a platform powering AI short clip creation so that filmmakers can test how a storyline would play out before bringing it into production.
Freddie
Company Specialist at Welcome to the Jungle