lithic.comFinTech / PaymentsFounded: 2014Funding to Date: $225.41MM
Lithic is a fintech company focused on its mission of building infrastructure that makes it simple to issue debit and credit cards. Aiming to create a scalable card platform, the company features solutions such as fleet cards, expense management, digital banking, cobrand platforms, accounts payable, and disbursement in its infrastructure that is customizable to each business or product. Lithic was founded by Boling Jiang, David Nichols, and Jason Kruse in 2014 and is headquartered in New York, NY.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/28/2021 | Series C | $60.32MM | $xx.xx | $823.7MM | Bessemer Venture Partners, Commerce Ventures, Exor, Index Ventures, Rainfall, Stripes, Tusk Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
4,185,478
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Commerce Ventures, Exor, Index Ventures, Rainfall, Stripes, Tusk Venture Partners
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05/20/2021 | Series B-1 | $2.96MM | $xx.xx | $184.42MM | Bessemer Venture Partners, Index Ventures, Rainfall Ventures, Teamworthy Ventures, Tusk Venture Partners, Walkabout Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,742,372
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Index Ventures, Rainfall Ventures, Teamworthy Ventures, Tusk Venture Partners, Walkabout Ventures
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05/20/2021 | Series B | $35MM | $xx.xx | $184.42MM | Bessemer Venture Partners, Index Ventures, Rainfall Ventures, Teamworthy Ventures, Tusk Venture Partners, Walkabout Ventures | |
Price per Share
$xx.xx
Shares Outstanding
9,426,586
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Index Ventures, Rainfall Ventures, Teamworthy Ventures, Tusk Venture Partners, Walkabout Ventures
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07/16/2020 | Series A | $7.26MM | $xx.xx | $35.02MM | Exor Seeds, Index Ventures, Quiet Capital, Rainfall Ventures, Teamworthy Ventures, Tusk Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
6,087,706
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Exor Seeds, Index Ventures, Quiet Capital, Rainfall Ventures, Teamworthy Ventures, Tusk Venture Partners
|
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12/13/2016 | Series Seed-1 | $2.22MM | $xx.xx | $22.81MM | Index Ventures, Rocketship.Vc | |
Price per Share
$xx.xx
Shares Outstanding
2,863,537
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Index Ventures, Rocketship.Vc
|
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12/13/2016 | Series Seed-2 | $1.09MM | $xx.xx | $22.81MM | Index Ventures, Rocketship.Vc | |
Price per Share
$xx.xx
Shares Outstanding
2,964,253
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Index Ventures, Rocketship.Vc
|
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12/13/2016 | Series Seed-3 | $3.84MM | $xx.xx | $22.81MM | Index Ventures, Rocketship.Vc | |
Price per Share
$xx.xx
Shares Outstanding
4,234,671
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Index Ventures, Rocketship.Vc
|