LightSource Labs (Seed and Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- April 16, 2025
- Vertical
- Artificial Intelligence
- Funding URL
- View Funding Page
- Valuation
- $130,000,000
- Funding Amount:
- $33,000,000
Company Info
- Traction
- Used by leading companies such as Yum! Brands, Bombardier Recreational Products (BRP), and Hello Fresh.
- Organizations Involved
- Yum! Brands, Bombardier Recreational Products, Hello Fresh
- Founders
- Spencer Penn
- Company Description
- LightSource is the only AI-native sourcing system building a next-generation software tool for procurement teams. The platform helps bring procurement professionals into the future with incredible supplier discovery, quoting and relationship management tools.
- Market
- Procurement
- Location
- San Francisco, California, USA
- Coinvestors
- Bain Capital Ventures, J2 Ventures, Lightspeed Venture Partners