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LightSource Labs raised $33 million in seed and Series A funding to enhance its AI-native enterprise procurement platform. This funding will help the company scale its team and expand into new sectors.

PRIVATEApr 15, 2025

Amount Raised

$33 Million

Round Type

Series A

San FranciscoSoftwareArtificial IntelligenceSaaS

Investors

J2 VenturesBain Capital VenturesLightspeed Venture Partners

Description

LightSource Labs emerged from stealth Tuesday (April 15) and said it raised $33 million in seed and Series A funding to scale its artificial intelligence (AI)-native enterprise procurement platform. The company will use the funding to scale its team, continue enhancing its platform’s capabilities and expand its reach into new sectors. LightSource’s platform offers the benefits of digitalization in sourcing, automating processes for buyers and suppliers. This funding comes at a critical time amid global trade uncertainty, highlighting the need for robust procurement tools.

Quick answer

LightSource Labs raised $33 Million in a Series A round, dated April 15, 2025. Investors: J2 Ventures, Bain Capital Ventures and Lightspeed Venture Partners. LightSource Labs is based in San Francisco, California, United States.

How much did LightSource Labs raise?
LightSource Labs raised $33 Million in a Series A round on April 15, 2025.
Who invested in LightSource Labs?
J2 Ventures, Bain Capital Ventures and Lightspeed Venture Partners are named as investors in this round.
What does LightSource Labs do?
LightSource Labs is an artificial intelligence (AI)-native enterprise procurement platform that emerged from stealth to enhance procurement processes.
Where is LightSource Labs based and how big is it?
LightSource Labs is based in San Francisco, California, United States. Fundz records about 201 employees.
Who are the decision-makers at LightSource Labs?
Fundz holds 2 contacts at LightSource Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as LightSource Labs that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
  • Creatify raised $16M (Series A) on May 28, 2025.
  • Instead raised an undisclosed amount on May 22, 2025.
  • Mura raised $6M (Seed) on May 20, 2025.
  • Left Main REI raised an undisclosed amount (Seed) on May 15, 2025.
  • Instead raised $5M on May 15, 2025.

Who to call at LightSource Labs, and when

A new round usually means LightSource Labs is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

LightSource Labs

Location

San Francisco, California, United States

About

LightSource Labs is an artificial intelligence (AI)-native enterprise procurement platform that emerged from stealth to enhance procurement processes. The platform automates supplier identification, RFQ management, and bid comparison, converting procurement into a strategic business driver. It aims to digitalize sourcing, which is often hindered by manual processes and unstructured information. LightSource has processed over $1 billion in spend and facilitated more than 1,100 sourcing events since 2024.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

LightSource Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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