Lightyear AI

Lightyear AI

Platform helping businesses save time and money buying IT infrastructure.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

round
investor investor investor investor investor investor

€0.0

round
investor investor investor investor investor investor investor investor investor investor investor investor investor

€0.0

round
*

$31.0m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-127 %45 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Lightyear AI
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Lightyear.ai is a startup that operates in the telecom sector, offering a comprehensive software solution for automating and optimizing the procurement and management of telecom services. The company's primary clients are enterprises that require telecom services such as internet, WAN, voice, and colocation.

Lightyear.ai's business model is centered around leveraging proprietary data to automate procurement and management workflows, thereby enabling enterprises to make data-driven decisions. The company's software solution provides a unified system of record for a network, allowing clients to visualize and take action on their network from a single interface. This results in significant operational efficiency, with enterprises reporting 70%+ time savings and 20%+ cost savings on telecom procurement.

The company operates in a market that is characterized by a high demand for efficient and cost-effective telecom services. By automating the procurement and inventory management processes, from RFP creation to renewal, Lightyear.ai is able to meet this demand and provide a valuable service to its clients.

Lightyear.ai generates revenue through the sale of its software solution to enterprises. The company's value proposition is based on the cost and time savings that its solution provides, as well as the data-driven decision-making capabilities that it enables.

Keywords: Telecom Services, Enterprise Clients, Software Solution, Automation, Procurement, Management, Data-Driven Decision Making, Operational Efficiency, Cost Savings, Time Savings.

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