/Companies

Lightyear

New York City, US · Founded 2019 · 75 employees on LinkedIn · 7 known investors

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Lightyear provides software solutions to improve B2B telecommunications operations, addressing inefficiencies in a largely static industry. The company serves telecom vendors and operators seeking to modernize their systems and customer relationships.

Founders & leadership

Lightyear was founded in 2019 by Ryan Schrack and Dennis Thankachan.

RS
Ryan SchrackCo-Founder, CTO
DTDennis Thankachan
Dennis ThankachanCo-Founder, CEOExecutive Officer, Director at Lightyear AI

Board

ZM
Zac MohringBoard director
YK
Yousuf KhanBoard director

Investors · 7

Funding

SEC filings, press & company announcements

$50.8M disclosed across 3 of 4 rounds · 2020–2026

▶$16MraisedJan 2026 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Samuel GarciaDirector
  • Zachary MohringDirector
  • Dennis ThankachanExecutive Officer, Director
  • Ryan SchrackDirector
Offering amount
$16M
Amount sold
$16M
First sale
Jan 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$31.2MraisedSep 2024 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan SchrackDirector
  • Zac MohringDirector
  • Yousuf KhanDirector
  • Dennis ThankachanExecutive Officer, Director
Offering amount
$31.2M
Amount sold
$31.2M
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.7MraisedJul 2020 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dennis ThankachanExecutive Officer, Director
  • Ryan SchrackDirector
Offering amount
$3.7M
Amount sold
$3.7M
First sale
Jul 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Lightyear do?
Lightyear provides software solutions to improve B2B telecommunications operations, addressing inefficiencies in a largely static industry. The company serves telecom vendors and operators seeking to modernize their systems and customer relationships.
Who founded Lightyear?
Lightyear was founded by Ryan Schrack, Dennis Thankachan in 2019.
Who are Lightyear's investors?
Lightyear's investors include Amplo Ventures, Blue Trail Partners, Contrary, Darco Capital, Ludlow Ventures, Ridge Ventures, Zigg Capital.
How much funding has Lightyear raised?
Lightyear has disclosed $50.8M raised across 3 of its 4 known rounds.
Where is Lightyear headquartered?
Lightyear is headquartered in New York City, US.