L1ght

Company Overview

Snapshot

Founded in December 2018 by Zohar Levkovitz, Ron Porat, and Yoav Vilner, L1ght operates with 1–10 employees. The company raised $15 million across one funding round from 3 investors. In February 2020, L1ght secured $15 million in Seed funding.

Business overview

L1ght develops technology designed to protect children from cyberbullying, shaming, harmful content, and predatory behavior online. The company's core technology leverages AI algorithms, developed by a multidisciplinary team of cybersecurity experts, data scientists, psychologists, and anthropologists. L1ght operates within the Cyber Security sector, focusing on application and website security, and serves consumers, particularly parents and children, by providing solutions against online toxicity.

Strategic signal

In May 2023, L1ght ceased operations after an acquisition deal fell through. This indicates a significant and negative shift in the company's trajectory, signaling to investors and the market that the business model or market conditions were not sustainable despite earlier funding success.

Company Intelligence Q&A

What is the primary focus of L1ght's technology?

L1ght's technology is designed to protect children from cyberbullying, shaming, harmful content, and predatory behavior online, utilizing AI algorithms for detection and prevention.

When was L1ght founded and by whom?

L1ght was founded in December 2018 by Zohar Levkovitz, Ron Porat, and Yoav Vilner.

What was the last reported funding event for L1ght?

In February 2020, L1ght raised $15 million in Seed funding. Investors included Tribeca Venture Partners and Western Technology Investment.

What is the current operational status of L1ght?

L1ght ceased operations in May 2023 after an acquisition deal did not materialize.

What sectors does L1ght operate in?

L1ght operates in the Cyber Security sector, with a focus on application and website security, leveraging Artificial Intelligence as a core technology.