# Lithic funding: rounds and investors

> Lithic has raised $60M across 1 round since 2021. Investors include Bessemer Venture Partners, Index Ventures and Spark Capital. Every round with its source.

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

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

# Who invested in *Lithic*

One round we have observed, with the 6 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.

B2C

Valuation: $800M, Oct 2024

Funding summary Updated 26 Oct 2026

**$60M** raised across 1 round since 2021, from 1 source

- **Latest round:** Series C, $60M Jul 2021
- **Investors:** 6

See who backed them

## The rounds

- **Jul 2021** Series C **$60M** [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [Tusk Ventures](https://millionrounds.com/fund/tusk-venture-partners) Source recorded

## Founders and team

From Lithic's own website: 3 founders, 3 on the team.

**Bo Jiang** Co-Founder & CEO

**Jason Kruse** Co-founder & CTO

**David Nichols** Co-founder & CDO

- **Nikil Konduru** Chief Commercial Officer
- **Robin Gandhi** Chief Product Officer
- **Steven Goran** Chief Financial Officer

## Everyone who backed them

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round

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

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

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

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

[Tusk Ventures](https://millionrounds.com/fund/tusk-venture-partners) VC firm **1** round

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

## Also claim to have backed them

These 4 firms list Lithic as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Rainfall Ventures](https://millionrounds.com/fund/rainfall-ventures) VC firm Per its own site

[Teamworthy Ventures](https://millionrounds.com/fund/teamworthy-ventures) VC firm Per its own site

[Commerce VC](https://millionrounds.com/fund/commerce-vc) VC firm Per its own site

[Golden Wok](https://millionrounds.com/fund/golden-wok) VC firm Per its own site

## Quick answers about Lithic

### Who invested in Lithic?

Lithic's investors include Bessemer Venture Partners, Index Ventures, Spark Capital, Quiet Capital and Commerce Ventures, and 1 more on record.

### How much has Lithic raised?

Lithic has raised $60M across 1 round since 2021.

### When did Lithic last raise?

Lithic's most recent round was a Series C of $60M in Jul 2021.

### What was Lithic's biggest round?

Its most recent round, $60M in Jul 2021, is also its largest on record.

### Who backed Lithic first?

Lithic's first round on record, in Jul 2021, was backed by Bessemer Venture Partners, Index Ventures and Spark Capital and 3 others.

### What stage is Lithic at?

Lithic's latest named round is a Series C, in Jul 2021.

### Where is Lithic based?

Lithic is based in the United States.

## Companies like Lithic

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

[**Dan-O's Seasoning** $25M · Oct 2026](https://millionrounds.com/company/dan-o-s-seasoning)[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)[**Town** $241M · Oct 2026](https://millionrounds.com/company/town)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)

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