United States · Series D startup

Who invested in Lightmatter

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIBig Data & AnalyticsCloudEducation

Valuation: $4.4B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$433Mraised across 3 rounds since 2018, from 7 sources

$11MSeries A$22MSeries A$400MSeries D
Latest round
Series D, $400MOct 2024
Led by
T. Rowe Price
Step-upi
18.2×
Investors
7 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018201920202021202220232024
$11MSeries A$22MSeries A$400MSeries D
First round
Series A, $11M
Feb 2018
Biggest round
$400M
Series D · Oct 2024
Usual gap between rounds
5.7 years
the median of 2

The rounds

  1. Oct 2024
    Series D$400M3 new

    Reported by Crunchbase News and 4 othersSEC filing: $350M sold, first sale Oct 2024

  2. Feb 2019
    Series A$22M2 new

    Reported by FinSMEsSEC filing: $22M sold, first sale Feb 2019

  3. Feb 2018
    Series A$11M2 new

    Reported by FinSMEs

Founders and team

From Lightmatter's own website: 6 on the team.

  • Simona JankowskiCFO
  • Israel KandarianHead of Creative Marketing
  • Kurt von HausenVP, Cloud Service Provider Sales
  • Roy KimVP, Product
  • Sujatha WagleVP, Supply Chain Operations
  • Colin SturtGeneral Counsel

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

T. Rowe PricePrivate equity1round, led 1
Google VenturesCorporate VC1round
Spark CapitalVC firm1round
Matrix PartnersVC firm1round
FidelityVC firm1round
SparkGrowth equity1round
GV/ MatrixInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 9 firms list Lightmatter 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.

Eastward Capital PartnersVC firmPer its own site
Aliya Capital PartnersPrivate equityPer its own site
Hyperspeed VenturesVC firmPer its own site
SIP Global PartnersVC firmPer its own site
Todd DagresVC firmPer its own site
GOLDBACH CAPITAL AGPrivate creditPer its own site
The JHA CapitalVC firmPer its own site
VIDA Vision FundVC firmPer its own site
West Quad VenturesVC firmPer its own site

Quick answers about Lightmatter

Who invested in Lightmatter?

Lightmatter's investors include T. Rowe Price, Google Ventures, Spark Capital, Matrix Partners and Fidelity, and 2 more on record. T. Rowe Price led its latest round.

How much has Lightmatter raised?

Lightmatter has raised $433M across 3 rounds since 2018.

When did Lightmatter last raise?

Lightmatter's most recent round was a Series D of $400M in Oct 2024, led by T. Rowe Price.

What was Lightmatter's biggest round?

Its most recent round, $400M in Oct 2024, is also its largest on record.

Who backed Lightmatter first?

Lightmatter's first round on record, in Feb 2018, was backed by Spark Capital and Matrix Partners.

What stage is Lightmatter at?

Lightmatter's latest named round is a Series D, in Oct 2024.

Where is Lightmatter based?

Lightmatter is based in the United States.

Who led Lightmatter's rounds?

T. Rowe Price led the Series D in 2024.

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