Lithic Overview
- Year Founded
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2014

- Status
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Private
- Employees
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167

- Latest Deal Type
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Series C
- Latest Deal Amount
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$60M
- Investors
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24
Lithic General Information
Description
Developer of card issuing platform designed to facilitate secure online transactions. The company's platform features the ability to prioritize privacy and safety while not compromising financial information and is convenient in using as compared to a regular credit card, enabling users and enterprises to transact in a secured manner and protect their privacy and security.
Contact Information
Website
www.lithic.comCorporate Office
- 228 Park Avenue South
- PMB 71040
- New York, NY 10003
- United States
Corporate Office
- 228 Park Avenue South
- PMB 71040
- New York, NY 10003
- United States
Lithic Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC (Series C) | 28-Jul-2021 | $60M | Completed | Generating Revenue | ||
7. Later Stage VC (Series B) | 20-Nov-2020 | Completed | Generating Revenue | |||
6. Later Stage VC (Series A) | 15-Jul-2020 | Completed | Generating Revenue | |||
5. Early Stage VC | 30-Jul-2019 | Completed | Generating Revenue | |||
4. Seed Round | 02-Jul-2019 | Completed | Generating Revenue | |||
3. Secondary Transaction - Private | Completed | Generating Revenue | ||||
2. Seed Round | 13-Dec-2016 | $2.2M | $3.39M | Completed | Generating Revenue | |
1. Seed Round | 27-Oct-2015 | $1.19M | $1.19M | Completed | Generating Revenue |
Lithic Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | ||||||||
Series B-1 | ||||||||
Series B | ||||||||
Series A | ||||||||
Seed-3 | ||||||||
Seed-2 | 2,964,253 | $0.000010 | $0.37 | $0.37 | 1x | $0.37 | 5.27% | |
Seed-1 | 2,863,537 | $0.000010 | $0.78 | $0.78 | 1x | $0.78 | 5.1% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Lithic Comparisons
Industry
Financing
Details
Lithic Competitors (11)
One of Lithic’s 11 competitors is Sila (Financial Services), a Venture Capital-Backed company based in Portland, OR.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Sila (Financial Services) | Venture Capital-Backed | Portland, OR | ||||
Galileo (Financial Software) | Formerly VC-backed | Sandy, UT | ||||
Ramp | Venture Capital-Backed | New York, NY | ||||
Stax Payments | Private Equity-Backed | Orlando, FL | ||||
Rapyd Financial Network | Venture Capital-Backed | Takeley, United Kingdom |
Lithic Patents
Lithic Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-11971862-B1 | Processing transactions with idempotency in real-time ledgers | Active | 20-Sep-2022 | ||
US-11775977-B1 | Systems and methods for dynamic authorization of virtual bank account transactions | Active | 07-Jul-2022 | ||
US-20240037560-A1 | Systems and methods for dynamic authorization of virtual bank account transactions | Active | 07-Jul-2022 | ||
US-20240013221-A1 | Systems and methods for authorizing permission-based virtual bank account transactions | Inactive | 07-Jul-2022 | ||
US-12033122-B2 | Systems and methods for configuring serverless authorization stream access (asa) for virtual bank account transactions | Active | 07-Jul-2022 | G06Q20/108 |
Lithic Signals
Lithic Investors (24)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Angel (individual) | Minority | |||
Artisanal Ventures | Venture Capital | Minority | ||
Blank Ventures | Venture Capital | Minority | ||
Commerce Ventures | Venture Capital | Minority | ||
Angel (individual) | Minority |
Lithic Investments (1)
Lithic’s most recent deal was a Seed Round with Blip (Financial Services) for . The deal was made on 07-Feb-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Blip (Financial Services) | 07-Feb-2023 | Seed Round | Other Financial Services |
Lithic FAQs
-
When was Lithic founded?
Lithic was founded in 2014.
-
Where is Lithic headquartered?
Lithic is headquartered in New York, NY.
-
What is the size of Lithic?
Lithic has 167 total employees.
-
What industry is Lithic in?
Lithic’s primary industry is Financial Software.
-
Is Lithic a private or public company?
Lithic is a Private company.
-
What is the current valuation of Lithic?
The current valuation of Lithic is
. -
What is Lithic’s current revenue?
The current revenue for Lithic is
. -
How much funding has Lithic raised over time?
Lithic has raised $120M.
-
Who are Lithic’s investors?
Artisanal Ventures, Blank Ventures, Commerce Ventures, and are 5 of 24 investors who have invested in Lithic.
, -
Who are Lithic’s competitors?
Sila (Financial Services), Galileo (Financial Software), Ramp, Stax Payments, and Rapyd Financial Network are some of the 11 competitors of Lithic.
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