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Lightning AI (Formerly Grid.ai)

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Enables companies of all sizes to train state-of-the-art AI models on hundreds of cloud GPUs and CPUs from their laptops

New York City, United StatesFounded 2019AI
Valuation $100–500M Latest valuation · 2022
Revenue $1–10M Latest reported FY
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Lightning AI (Formerly Grid.ai) and the history behind them.

About Lightning AI (Formerly Grid.ai)

Grid AI, now known as Lightning AI, is a forward-thinking startup focused on simplifying the use of artificial intelligence (AI) and machine learning (ML) for businesses and researchers. The company operates in the AI and ML market, which is rapidly growing as more industries seek to leverage these technologies for various applications. Lightning AI aims to democratize state-of-the-art AI research by allowing users to concentrate on developing machine learning models rather than dealing with the complexities of infrastructure.

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The company serves a diverse range of clients, including researchers in computer vision and neuroscience, consultants working on industrial problems, and organizations involved in accelerated drug discovery and macroeconomic analysis. By providing a platform that manages the infrastructure required for machine learning operations (MLOps), Lightning AI helps these clients deploy their models into production 50% faster, thereby increasing efficiency and reducing time-to-market.

Lightning AI's business model revolves around offering a subscription-based platform where users pay for access to its suite of tools and services. This includes everything from data preprocessing and model training to deployment and monitoring. By handling the backend infrastructure, Lightning AI allows its clients to focus solely on their core research and development activities.

Revenue is generated through subscription fees, which can vary based on the level of service and the specific needs of the client. This model ensures a steady stream of income while also providing scalability as more users adopt the platform.

In summary, Lightning AI is a key player in the AI and ML market, offering a platform that simplifies the deployment and management of machine learning models. By focusing on infrastructure, the company enables its clients to accelerate their research and application development, making advanced AI accessible to a broader audience.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
New York City, United States
Open positions
None listed
Dealroom signal
57.1/100
Industry
Enterprise Software
Sector
AI, Core AI, MLops, AI Data Preparation and Generation
Technology
Artificial Intelligence, Machine Learning
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Lightning AI (Formerly Grid.ai).

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jun 2022 $40M $160M Index Ventures · Firstminute Capital · Coatue Management · Bain Capital Ventures
SERIES AOther financing Oct 2020 $19M $74M Index Ventures · Bain Capital Ventures · Firstminute Capital
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Lightning AI (Formerly Grid.ai) website traffic

Latest recorded traffic for Lightning AI (Formerly Grid.ai) is 11K monthly website visits, up 111.5% over the last three months.

Latest monthly visits11K 3-month web change+111.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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ProtegeProtege is a marketplace for data providers to post their data and for AI companies to get high quality training data New York City, United States Operational
UnionAllA B2B SaaS platform that makes data buying and selling easy by giving data sellers everything they need to set up their own data shop Stockholms kommun, Sweden Operational
GestaltGestalt is an out-of-the-box data warehouse solution specifically designed for lenders, providing a centralized and robust single source of truth for all their data Flower Mound, United States Operational
XtillionXtillion is a data science and engineering services firm, enabling enterprises to operationalize and scale-up high value AI and analytics use cases San Juan, Puerto Rico Operational
SweephyA no-code Data Cleaning as a Service that improves the quality of data sets, analyzes and reports using machine learning, deep learning and data science techniques Tallinn, Estonia Operational
iKVAAI-powered knowledge management for unstructured enterprise data Cambridge, United Kingdom Operational
Showing 8 of the closest matchesCompare every metric →

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A4 investors entered at this stage

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · New York City HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Lightning AI (Formerly Grid.ai) on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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