L1ght

Company Overview

Snapshot

Founded in December 2018 by Zohar Levkovitz, Ron Porat, and Yoav Vilner, L1ght operated with 1–10 employees. The company raised $15 million across one funding round from three investors. In May 2023, L1ght ceased operations after an acquisition attempt fell through.

Business overview

L1ght developed technology designed to protect children from online cyberbullying, shaming, harmful content, and predatory behavior. The company utilized AI algorithms, created by a multidisciplinary team of cybersecurity experts, data scientists, psychologists, and anthropologists, to identify and mitigate online toxicity. L1ght operated within the Cyber Security sector, focusing on kids' safety, safe browsing, and personal safety, primarily serving consumers, particularly children and parents.

Strategic signal

In May 2023, L1ght ceased operations after an acquisition deal failed to materialize. This event signals a significant downturn for the company, indicating that despite its initial funding and focus on a critical social issue, it was unable to secure a sustainable path forward or a successful exit.

Company Intelligence Q&A

What was L1ght's primary mission?

L1ght's primary mission was to protect children from online abuse, including cyberbullying, shaming, harmful content, and predatory behavior, using advanced AI algorithms.

When was L1ght founded and by whom?

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

What was the company's operational status in May 2023?

In May 2023, L1ght ceased to operate after an acquisition deal fell through.

How much capital did L1ght raise?

L1ght raised $15 million in a Seed round in February 2020.

Which investors participated in L1ght's funding round?

In February 2020, L1ght raised $15 million in a Seed round with participation from Tribeca Venture Partners.