# Lightning Labs funding: rounds and investors

> Lightning Labs has raised $70M across 1 round since 2022. Investors include Slow Ventures, Abstract Ventures and Craft Ventures. Every round with its source.

Source: https://millionrounds.com/company/lightning-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Lightning Labs*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$70M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $70M Apr 2022
- **Investors:** 5

See who backed them

## The rounds

- **Apr 2022** Series B **$70M** [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [Abstract Ventures](https://millionrounds.com/fund/abstract) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) Source recorded

## Founders and team

From Lightning Labs's own website and the SEC filings it signed: 2 founders, 10 on the team.

**Elizabeth Stark** CEO and Co-Founder *Named on its 2018 Form D*

**Olaoluwa Osuntokun** CTO and Co-Founder *Named on its 2018 Form D*

- **Alex Bosworth** Head of Lightning Liquidity
- **Michael Levin** VP Product
- **Michelle Qian** VP Finance and Operations
- **Neil Kelly** Head of Engineering Management
- **András Bánki-Horváth** Senior Lightning Infrastructure Engineer
- **Calvin Zachman** Platform Engineer
- **Jacob Schuler** Platform Engineer
- **Jamal James** Senior Lead Frontend Engineer
- **Kevin Cai** Platform Engineering Lead
- **Mohammad Suheb Khan** Technology Product Manager

## Everyone who backed them

[Slow Ventures](https://millionrounds.com/fund/slow-ventures) VC firm **1** round

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm **1** round

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lightning-labs).

## Also claim to have backed them

This firm lists Lightning Labs as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[StillMark](https://millionrounds.com/fund/stillmark) Angel network Per its own site

## Quick answers about Lightning Labs

### Who invested in Lightning Labs?

Lightning Labs's investors include Slow Ventures, Abstract Ventures, Craft Ventures, Quiet Capital and Valor Equity Partners.

### How much has Lightning Labs raised?

Lightning Labs has raised $70M across 1 round since 2022.

### When did Lightning Labs last raise?

Lightning Labs's most recent round was a Series B of $70M in Apr 2022.

### What was Lightning Labs's biggest round?

Its most recent round, $70M in Apr 2022, is also its largest on record.

### Who backed Lightning Labs first?

Lightning Labs's first round on record, in Apr 2022, was backed by Slow Ventures, Abstract Ventures and Craft Ventures and 2 others.

### What stage is Lightning Labs at?

Lightning Labs's latest named round is a Series B, in Apr 2022.

### Where is Lightning Labs based?

Lightning Labs is based in the United States.

## Companies like Lightning Labs

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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