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Lightricks
Lightricks
Lightricks
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Lightricks, founded in January 2013, is a company that develops video and image editing mobile apps and generative AI software, known particularly for its selfie-editing app, Facetune.[1][2][3]

Key Information

Headquartered in Jerusalem, the firm has approximately 600 employees.[4][5] As of 2021, Lightricks is valued at $1.8 billion.[6]

In 2024, the company released an open-source artificial intelligence models for generative media.[7] As of 2025 Lightricks has over 6.6 million monthly paying users, over 50 million monthly users, and its apps have been downloaded over 730 million times.[8]

History

[edit]
AI-generated video of the Tesla Cybertruck based on two photos by OWS Photography. Generated using Lightricks' LTXV 2B model.

The company was created in 2013 by 5 founders, Ph.D. students Zeev Farbman, Nir Pochter, Yaron Inger, Amit Goldstein, and former Supreme Court of Israel clerk Itai Tsiddon who were all studying at the Hebrew University of Jerusalem.[2][9]

After beginning in the Hebrew University of Jerusalem campus, the company outgrew its space a number of times. It remains based in Jerusalem, Israel, with offices in Haifa, London, New York and Chicago; it has a total of approximately 600 employees.[10][4][11]

Funding and finances

[edit]

Lightricks began life as a bootstrapped company, which was the subject of a case study from the Harvard Business School "Bootstrapping at Lightricks".[12]

In 2015 the company went through its first (series A) funding round, of $10 million, led by Viola Ventures.[13][14]

In November 2018 Insight Venture Partners led its second (series B) funding round of $60 million, with participation from Israeli VC company ClalTech.[9]

In July 2019, it secured $135 million in series C funding led by Goldman Sachs, with participation from Insight Partners and ClalTech; this was reported to imply a $1 billion valuation.[15][16][17]

In September 2021 Lightricks announced a series D funding round, with a valuation of $1.8 billion. The round was co-led by New York-based global private equity and venture capital firm Insight Partners and Hanaco Venture Capital, with participation from existing investors Goldman Sachs, ClalTech, Harel Insurance and Finance and Greycroft, with new investors Migdal Insurance, Altshuler Shaham, and Shavit Capital. The series D round brought Lightricks' total funding to $335 million.[18][19][20]

Business

[edit]

Lightricks ended 2018 with over $50 million in revenue,[2] by July 2025 it had reached $250 million in Annual Recurring Revenues (ARR).[21]

Mobile apps

[edit]
  • Lightricks launched Facetune, its most popular app, in March 2013.[22] It was named one of App Store's Best of 2013, and was Apple's most downloaded paid app in 2017.[23] It was awarded Google Play's best app of 2014.[24] As of 2023 it has been downloaded over 200 million times.[25]
  • Photoleap (formerly known as Photofox and Enlight), a general image editing app, which was preceded by Enlight Photofox.[26] The app allows the user to generate artwork to be shared on social media with a number of different editing options.[27] It was one of the first mobile applications to offer generative AI capabilities and text-to-image.[28]
  • Videoleap, a video editor which brought previously complex flows to mobile devices and consumers.[29] It was named Apple's 2017 App of the Year.[30]
  • Boosted (formerly known as BoostApps), a graphic design template tool aimed towards social media marketing.[31]
  • Facetune Video, a selfie-retouching video tool that allows users to retouch and edit their selfie and portrait videos in real time using a set of A.I.-powered tools.[32]
  • Filtertune, a photo filter tool designed to create a community around custom photo filters. With the app, creators can make their own personalized preset photo filters, then share them across social media as photos with a QR code attached.[33]

Once Apple Inc allowed it, Lightricks was one of the first app companies to offer subscriptions. Most of its apps are now published under a freemium model.[34][35][36]

Creator economy

[edit]

In 2022, as part of its play in the creator economy space, Lightricks acquired Popular Pays, a U.S. based startup, that built and manages an influencer and creator marketing platform of the same name.[37] The goal was to help influencers creating content within Lightricks' mobile apps monetize their work in a more streamlined fashion.[38][39]

Generative AI

[edit]

In the summer of 2022, with the emergence of generative artificial intelligence, Lightricks began incorporating GenAI flows in its apps, including Facetune and Photoleap, becoming one of the first to offer text-to-image capabilities on mobile devices.[40]

In February 2024, Lightricks introduced LTX Studio, a platform for creating and editing videos using AI.[41] In August 2024 it ended its beta phase and was opened to the public.[42] In October 2025 Lightricks revealed that a number of creative agencies, including McCann Paris, where using LTX Studio as part of their workflow.[43]

In November 2024, the company released its own AI image to video generation model, LTX Video, a 2 billion parameter model released as open source.[44][45] In May 2025 Lightricks released a 13 billion parameter model, capable of generating 5 seconds of video in 4 seconds,[46] and in July 2025 it announced it had broken the 60 second barrier for GenAI videos.[citation needed]

In October 2025 Lightricks released LTX-2, capable of creating 4K-quality video with fully synchronized sound.[47] In January 2026, the company officially made LTX-2 open source, releasing code, benchmarks and trainer data.[48]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Lightricks

View on Grokipedia
from Grokipedia
Lightricks is an Israeli artificial intelligence company founded in 2013 that specializes in developing mobile applications, web-based tools, and open-source technologies for visual , , and , with a focus on empowering creators through AI-driven innovations. Headquartered in , , the company operates offices in multiple locations worldwide and employs approximately 465 people as of October 2025. Its mission centers on bridging the gap between imagination and creation by leveraging cutting-edge AI to simplify professional-level for users on mobile devices and the web. In October 2025, Lightricks reduced its workforce by 15% while expanding its AI team. The company has built a portfolio of 11 content creation apps, including its flagship products Facetune (a photo editing app for selfies and portraits), Videoleap (a video editing tool available on iOS and Android), and Photoleap (an AI-powered photo editor). Other notable offerings include LTX Studio, an AI-driven platform for generating videos and images from text prompts, and Popular Pays, an influencer marketing platform acquired to support the creator economy. Lightricks integrates advanced technologies like machine learning and generative AI across its ecosystem, enabling features such as one-tap enhancements, custom effects, and collaborative workflows. Founded by CEO Zeev Farbman, CMO Nir Pochter, CTO Yaron Inger, and COO Amit Goldstein, Lightricks has achieved significant growth through strategic funding and expansions. It raised $130 million in a Series D funding round in 2021, backed by investors including Goldman Sachs Growth Equity, Insight Partners, and Viola Ventures, to fuel mergers, acquisitions, and new tool development. The company's marketing initiatives have been recognized by Meta and Instagram as case studies, highlighting its influence in the digital creator space. As of 2025, Lightricks continues to innovate in AI for creativity, with open-source contributions like LTXV and LTX-2—the first fully open audio-video generation model—for advanced video generation accessible via platforms such as GitHub and Hugging Face.

History

Founding and Early Development

Lightricks was founded in January 2013 in , , by four Ph.D. students from the : Zeev Farbman, Nir Pochter, Yaron Inger, and Amit Goldstein. These founders possessed deep expertise in and image processing, fields that informed the company's early innovations in visual content manipulation. The company's initial focus centered on creating mobile applications for photo and , with a mission to bridge the gap between users' imagination and actual by providing intuitive, powerful tools. In March , Lightricks launched its debut app, , a portrait retouching tool that integrated advanced editing features like blemish removal and reshaping into a user-friendly interface. The app rapidly gained traction, ranking among the top paid photo editing applications on the and establishing Lightricks as an emerging player in mobile creativity software. Building on this momentum, Lightricks released Enlight in early 2015, its first comprehensive photo editing platform that consolidated diverse tools—such as filters, textures, and blending modes—into a single, versatile application. Enlight quickly achieved significant adoption, surpassing 1 million downloads within four months of launch. During this period, the early team expanded from the founding group to around 30 members by 2015, who prioritized the in-house development of proprietary algorithms for image enhancement and processing. Subsequent rounds in 2015 further accelerated product expansion and team growth into the mid-2010s.

Funding Milestones and Growth

Lightricks, founded in 2013, secured its first external funding in August 2015 with a $10 million Series A round led by Carmel Ventures, part of the Viola Group, to advance its image processing technology and develop new photo-editing apps. The company continued its growth trajectory with a $60 million Series B round in November 2018, led by Insight Partners, which supported the expansion of its content creation apps like Facetune and Enlight. In July 2019, Lightricks raised $135 million in a Series C round led by Goldman Sachs Asset Management, achieving unicorn status with a post-money valuation exceeding $1 billion and enabling further product innovation and market penetration. By September 2021, Lightricks closed a $130 million Series D round co-led by and Hanaco Venture Capital, comprising $100 million in primary capital and $30 million in secondary , bringing the company's total to $335 million at a $1.8 billion valuation. Key investors across rounds included Viola Ventures, , Asset Management, Clal Tech, , Migdal Insurance, Altshuler Shaham, and Shavit Capital, with proceeds directed toward international expansion, mergers and acquisitions, and enhancing creator tools. This financial backing fueled significant revenue growth, reaching over $200 million annually by 2021, propelled by app downloads surpassing 500 million worldwide across platforms like and Android. Between 2018 and 2022, Lightricks pursued strategic acquisitions, such as the 2022 purchase of Popular Pays, a platform for creator-driven campaigns, to build a comprehensive for content . Concurrently, the company integrated AI features into its product suite, including generative tools for photo and in apps like and Videoleap, enhancing user capabilities and driving adoption during this period.

Recent Challenges and Restructuring

In the mid-2020s, Lightricks faced operational challenges stemming from the broader tech sector downturn that began in 2022, which impacted growth after the company's workforce peaked at nearly 700 employees. This period marked a shift from rapid expansion to a more focused strategy, as the firm navigated economic pressures affecting the . On October 27, 2025, Lightricks announced a 15% workforce reduction, laying off 85 employees across departments, effective November 3, 2025; this followed a prior cut of 70 employees in July 2024 and was the company's third round of layoffs. The move was not driven by immediate financial distress but aimed to streamline operations and prioritize AI initiatives, with the firm simultaneously planning to hire 30 new AI specialists. Post-layoffs, Lightricks' headcount stood at approximately 465 employees. As part of the , Lightricks reorganized into two core departments: one dedicated to AI model and technology development, including advancements like the LTX video model, and another focused on maintaining and enhancing consumer apps such as . This pivot seeks to bolster competitiveness in AI-driven visual content creation while sustaining legacy products. Lightricks has not pursued new funding rounds since its 2021 Series D, which raised $130 million and brought total funding to $335 million, instead emphasizing profitability with an annual revenue of $250 million amid ongoing tech sector headwinds.

Operations

Global Locations and Structure

Lightricks is headquartered in , , where it serves as the central hub for (R&D) and executive operations since the company's inception in 2013. This location anchors the core technical and leadership activities, leveraging 's vibrant tech ecosystem to drive innovation in AI and creative tools. The company also maintains an additional office in , , supporting R&D efforts. To expand its international footprint, Lightricks established a subsidiary in New York in 2025, primarily focused on North American marketing and sales efforts. It also has an office in for operations. In the same year as the New York opening, it opened an office in to oversee European operations and strategic partnerships, enhancing its ability to engage with regional markets and collaborators (established in 2018). Additionally, Lightricks opened an office in , , around 2022, to support business development. These locations complement the base, forming a distributed network that supports global product rollout and business development. As a , Lightricks adopts an featuring a flat that promotes collaboration through cross-functional teams in , , and product development. This approach enables rapid iteration and alignment across disciplines, aligning with the company's emphasis on agile innovation in the competitive AI and creative software space. Lightricks demonstrates compliance with international standards, such as the General Data Protection Regulation (GDPR), to facilitate secure global distribution of its mobile applications and platforms. This commitment ensures user protection across jurisdictions, underpinning trust in its worldwide services.

Workforce and Organizational Changes

Lightricks reached a peak workforce of approximately employees by 2023, with a significant portion dedicated to technical roles including over 150 developers and researchers specializing in AI, , and creative . The company's culture emphasizes innovation, experimentation, and a supportive environment that encourages and , while promoting a healthy work-life balance through output-focused policies rather than rigid inputs. Lightricks maintains remote-friendly operations supported by its global offices in locations such as , , , , and across the , fostering a distributed team dynamic. The workforce is diverse and international, reflecting an approach committed to inclusivity across its employees. In October 2025, Lightricks underwent a restructuring that reduced its staff by 85 employees, approximately 15% of its workforce, with layoffs distributed across various departments to streamline operations around core priorities. Following the cuts, the company employed about 465 people, down from its earlier peak, while simultaneously planning to hire 30 AI specialists to bolster expertise in key areas. This adjustment involved trimming non-core roles to enhance focus on high-impact functions. To support its evolving needs, Lightricks has implemented internal initiatives including hands-on training programs for employees on AI tools and applications, with guidance from the AI team to upskill staff in model usage and development. These efforts, combined with broader opportunities like and learning resources, aim to build capabilities among the remaining workforce.

Business Model and Revenue Streams

Lightricks primarily operates a for its mobile applications, providing core editing tools at no cost to attract a broad user base while generating revenue through in-app purchases for premium features and subscription plans that unlock advanced capabilities. This approach allows users to access basic functionalities for free, with options to upgrade via one-time unlocks or recurring subscriptions, such as annual plans billed at $4.99 per month or monthly plans at $9.99. By 2025, the company's apps had accumulated over 730 million downloads worldwide, supporting more than 6.6 million monthly paying users and driving the bulk of its income from these consumer-facing monetization streams. In addition to consumer subscriptions, Lightricks has diversified its revenue through its influencer marketing platform, Popular Pays, which facilitates brand-creator partnerships and campaigns for businesses seeking targeted content promotion. This B2B offering contributes to the company's overall financial growth, with Lightricks achieving an annual recurring revenue of $250 million by July 2025. To expand beyond mobile app ecosystems and mitigate dependence on app store commissions, Lightricks has increasingly focused on web-based AI services, including LTX Studio, a platform offering tiered subscription plans for AI-driven video and image generation. Emerging B2B opportunities in AI licensing, such as offering free licensing of models like LTXV-13B for enterprises with less than $10 million in annual revenue, and commercial licensing for larger enterprises exceeding $10 million in annual revenue, further bolster these streams by enabling integration into third-party platforms.

Products

Image and Photo Editing Apps

Lightricks' primary image and photo editing applications include and Photoleap, which cater to users seeking intuitive tools for enhancing and creatively manipulating static images. , launched in March 2013, serves as the company's core and portrait editor, initially focusing on manual retouching before incorporating AI-powered features like skin smoothing, body reshaping, blemish removal, and teeth whitening to streamline professional-level edits. These tools enable users to refine facial features, adjust lighting, and apply virtual enhancements such as hair color changes or makeup simulations directly within the app. Photoleap, originally released as Enlight in March 2015 and later evolving through rebrands including Enlight Photofox in 2017 before becoming Photoleap in January 2021, provides a versatile platform for creative photo editing with capabilities like building collages, applying filters and effects, and adding text overlays to personalize compositions. Users can layer images, blend elements seamlessly, and experiment with artistic styles, making it suitable for both quick adjustments and more elaborate designs. Together, and Photoleap have amassed over 360 million downloads across and Android platforms, attracting a dedicated user base of social media influencers and casual creators who rely on these apps for content optimized for platforms like and . The apps' popularity stems from their accessibility, with subscription models offering premium features and frequent updates that have shifted from predominantly manual tools to AI-assisted workflows by 2024, enhancing efficiency without requiring advanced skills. These updates integrate broader AI technologies for tasks like object removal and style transfers, further empowering everyday photo manipulation.

Video Editing and Creation Apps

Lightricks' video editing and creation apps emphasize mobile-first design, enabling users to produce professional-quality content on smartphones and tablets. Videoleap, launched in 2017, serves as the company's flagship video editor, offering intuitive tools tailored for short-form videos. It includes a timeline-based editing interface for precise trimming and sequencing, seamless transitions to blend clips smoothly, and green screen effects via for elements like backgrounds or overlays. These features make it ideal for quick edits, supporting formats optimized for platforms. Complementing Videoleap is Motionleap, formerly known as Enlight Pixaloop and released in , which specializes in transforming static photos into animated videos. The app applies motion effects to specific elements, such as animating skies, water, or objects, to create dynamic live photos or short clips with 3D-like depth and overlays. This bridges photo animation and video creation, allowing users to generate looping videos from images without complex editing. By 2025, Lightricks' video apps, including Videoleap and Motionleap, have contributed to the company's overall portfolio exceeding 730 million downloads, reflecting their widespread adoption among content creators. They are particularly popular for crafting videos and Reels, with built-in templates and tools that facilitate viral short-form content production. Key updates in 2023 and 2024 enhanced Videoleap's capabilities for more advanced workflows, introducing multi-layer support for stacking videos, images, text, and effects to build complex compositions. Export options were expanded to include high-resolution outputs up to 4K, multiple formats compatible with professional software, and direct sharing presets for social platforms, enabling seamless integration into broader production pipelines. These improvements, along with AI enhancements adapted from Lightricks' photo editing technologies, have elevated the apps' utility for both casual users and professionals.

AI-Driven Tools and Software

Lightricks shifted to an AI-first strategy following 2023, emphasizing generative AI to empower creators with tools for visual . This pivot positioned the company as a leader in democratizing advanced AI capabilities, moving beyond consumer apps to professional-grade generative platforms. A of this strategy is LTX Studio, a web-based generative AI platform launched in early 2024 that enables users to produce professional videos from text prompts, including automated scripting, storyboarding, and asset generation. The platform supports end-to-end workflows, allowing creators to generate scenes, characters, and audio elements iteratively while maintaining creative control through timeline and real-time adjustments. In October 2025, Lightricks released LTX-2 as the first fully open audio-video generation model, providing open weights, full training code, benchmarks, and customization tools. The model, a DiT-based foundation with asymmetric dual-stream transformers (14B video + 5B audio parameters), tops the Artificial Analysis open-weights leaderboard for text-to-video and image-to-video tasks. It is optimized for NVIDIA RTX GPUs, supports local inference for up to 20-second clips, ComfyUI integration, and includes distilled/quantized variants for consumer hardware. LTX-2 enables the production of 4K video clips with synchronized audio in seconds, targeting filmmakers and content teams for efficient prototyping. Complementing video tools, Lightricks integrated generative AI into its Photoleap app with advanced text-to-image features updated in 2024, enabling style transfers, scene expansions, and original artwork creation from prompts. These capabilities allow users to transform ideas into custom visuals, such as expanding photo compositions or applying artistic styles, fostering innovation for digital artists and marketers. To enhance these tools, Lightricks formed partnerships with content providers like and in 2024 and 2025, licensing high-quality datasets to train diffusion-based models akin to for improved realism and efficiency. This collaboration supports the integration of open-source AI models, such as LTX Video, into LTX Studio, enabling scalable generative outputs without reliance on proprietary hardware.

Technology and Innovation

Core AI and Machine Learning Technologies

Lightricks has developed proprietary models for real-time image and since its founding in 2013, drawing on the founders' expertise in , , and image processing to enable advanced capabilities in mobile applications. These models support tasks, including enhancement and segmentation-like features for precise edits, optimized for on-device performance without requiring cloud processing. The company employs deep neural networks for specialized tasks such as facial feature detection and recognition in products like , where these networks analyze geometry to apply consistent retouching across images and videos. In Videoleap, neural networks facilitate motion tracking and related , allowing users to apply effects that follow object movement seamlessly. Lightricks integrates elements of generative adversarial networks (GANs) in its LTX Studio platform, particularly through discriminator components in models like LTXV, to improve content synthesis by enhancing frame consistency and reducing artifacts in generated videos. These advancements build on GAN principles to produce high-fidelity outputs. To optimize model performance for mobile deployment, Lightricks conducts in-house training using custom and partnered datasets, including millions of high-quality images and videos sourced ethically, such as through a December 2024 collaboration with Shutterstock for HD and 4K assets. This approach ensures efficient inference on consumer hardware while maintaining creative quality.

Key Innovations and Patents

Lightricks holds patents related to technologies. Lightricks has also contributed to the open-source machine learning community through the release of models like LTX Video and LTXV on platforms such as and . These enable developers to access advanced video generation capabilities, including real-time processing and high-fidelity outputs, setting benchmarks for AI in . In 2024, Lightricks advanced multimodal AI capabilities, integrating text, image, and video inputs within the LTX Studio platform to enable comprehensive . This innovation allows users to generate synchronized narratives from diverse modalities, supporting real-time and high-fidelity outputs like 4K video with audio. Built on diffusion-based models, it represents a leap in generative AI for , powered by core ML frameworks like architectures for cross-modal understanding. In October 2025, Lightricks released LTX-2, the first fully open audio-video generation model and complete open-source AI video , providing open weights, full training code, benchmarks, and customization tools. This DiT-based foundation model features asymmetric dual-stream transformers with 14 billion video parameters and 5 billion audio parameters, uniting synchronized audio and video generation with native 4K fidelity at 50 frames per second. It tops the Artificial Analysis open-weights leaderboard for text-to-video and image-to-video tasks, supports local inference for up to 20-second clips on NVIDIA RTX GPUs, integrates with ComfyUI, and includes distilled and quantized variants for consumer hardware. This model, optimized for consumer-grade hardware and generating sequences faster than playback speed, further democratizes high-quality AI video . Additionally, as of November 2025, Lightricks utilizes JAX on Cloud TPUs for scalable training of video diffusion models, enhancing efficiency in large-scale AI development.

References

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  74. https://www.cbinsights.com/company/lightricks-ltd
  75. https://cloud.google.com/customers/lightricks-ltxv
  76. https://github.com/Lightricks/LTX-Video
  77. https://huggingface.co/Lightricks/LTX-Video
  78. https://www.analyticsvidhya.com/blog/2024/02/lightricks-introduces-ltx-studio-an-innovative-ai-tool-for-filmmakers/
  79. https://ltx.studio/
  80. https://www.ynetnews.com/tech-and-digital/article/hklbzavrgx
  81. https://cloud.google.com/blog/products/media-entertainment/how-lightricks-trains-video-diffusion-models-at-scale-with-jax-on-tpu
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