Lightricks
Category: Generative Media (Image / Video)
Lightricks open-sourced LTX-2, a production-ready 4K audio-video generation model, and pivots from B2C apps to an enterprise B2B creative tech platform. Lightricks was founded in 2013. The company is led by Zeev Farbman. Based in Jerusalem, Israel. Team size: 500+. Total funding raised: $335M. Latest round: Series D. Key investors include Insight Partners, Hanaco Venture Capital, Goldman Sachs Growth Equity, Viola Ventures, ClalTech, Greycroft, Harel Insurance, Heidi D'Amelio, Marc D'Amelio.
- Founded
- 2013
- Headquarters
- Jerusalem, Israel
- Team size
- 500+
- Total funding
- $335M
Value proposition
Lightricks offers an open creativity stack with open-source AI models (LTX-2) for local 4K video+audio generation, enterprise creative tools (LTX Studio), and consumer apps (Facetune, Videoleap), enabling creators and enterprises to produce professional visual content with full control and privacy.
Products and solutions
Facetune, LTX Studio, LTX-2.5, LTX-2.3, LTX-2, LTX Desktop, Videoleap, Photoleap, Popular Pays, LTX Buzz
Target customer
Enterprise creative/VFX studios and agencies; professional video producers; Fortune 500 model-licensees; robotics and physical-AI startups needing world models; plus consumer creators via Facetune/Videoleap
How they differentiate
Differentiates via open-weights world models (LTX-2.5) runnable locally on consumer GPUs, LTX Studio enterprise tools, and a profitable Facetune B2C business (~$300M revenue) that self-funded ~$150M of AI R&D—now spinning LTX into an independent company.
Main competitors
Runway, OpenAI (Sora), Google (Veo), Kling AI, Adobe
Key partnerships
Shutterstock (video training data for LTXV model), ElevenLabs (exclusive audio-to-video generation partner), NVIDIA (optimization for LTX-2 on NVIDIA ecosystem), Fal, Replicate, ComfyUI, OpenArt (integration partners for LTX-2)
Notable customers
McCann Paris (creative agency using LTX Studio), New York Festivals Advertising Awards (NYFAi competition partner)
Major milestones
Raised $130M Series D (Sep 2021) at $1.8B valuation; total funding $335M, Reached $250M ARR by July 2025; Facetune ~$300M revenue by mid-2026, Launched LTX Studio (Feb 2024); open-sourced LTX-2 (Jan 2026), Released LTX-2.3 + LTX Desktop (Mar 2026); LTX-2.5 open world model (Aug 2026), Announced LTX spin-off as independent open world-models company (Jul 2026); Asaf Porat GM of Lightricks, Cut ~75 jobs (Jun 2026) to ~350 employees after prior Oct 2025 cuts; LTX ~250 / Facetune ~100 post-split, Invested ~$150M in AI self-funded by Facetune profits; LTX licensing ARR in tens of millions, LTX-2 family reached 22M+ Hugging Face downloads
Growth metrics
Facetune ~$300M revenue (~20% YoY, mid-2026); group hit $250M+ ARR by Jul 2025; LTX model-licensing ARR in tens of millions; LTX-2 family 22M+ HF downloads; ~350 employees post-Jun 2026 cuts; ~$150M self-funded AI R&D
Market positioning
Lightricks is restructuring into two businesses: LTX (open world models for film, VFX, robotics/physical AI, led by Zeev Farbman) and Facetune consumer apps (GM Asaf Porat). LTX competes with closed cloud video models (Sora, Veo) via open weights and self-hosting.
About Zeev Farbman
PhD in Computer Science from Hebrew University of Jerusalem (2007-2013); planned academic career as professor before founding Lightricks
Latest news about Lightricks
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Official website: https://www.lightricks.com
