Lightyear
Lightyear (Lightyear AI, Inc.) provides an AI-native software platform that automates enterprise telecom procurement, network inventory management, and expense management for IT and finance teams at multi-location enterprises. The platform serves 300+ customers across retail, manufacturing, healthcare, and technology verticals.
- Company typePrivate
- Founded2019
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Lightyear does
Lightyear (legal entity: Lightyear AI, Inc.) is a New York-headquartered, remote-first enterprise software company founded in 2019 that has built a unified "Telecom Operating System" for the full enterprise telecom lifecycle — procurement, network inventory management, and expense management. The platform combines a procurement engine (automated RFP creation and quoting), a Network Inventory Manager that captures 30+ data points per service and automates MACD and renewal workflows, and an AI-native Expense Management module that ingests invoices in any format, extracts and categorizes charges via RAG-optimized models, runs automated variance analysis, and either pays or consolidates bills on the customer's behalf. Underlying technology assets include proprietary network and pricing intelligence built on a dataset of more than 1 million price quote data points and 100,000+ RFPs across 1,200+ global carriers, 1,000+ provider integrations, and an API platform connecting to ServiceNow, NetBox, Splunk, and Meraki.
The company serves mid-market and enterprise IT, telecom, and finance teams at organizations with distributed networks (10+ sites), with named customers spanning retail (Alo Yoga, Glossier, Five Guys), manufacturing (Westfall Technik, a Fortune 500 hardware manufacturer), construction (Aecon), healthcare (Teladoc), identity management (Okta), and other verticals — a deliberate horizontal segmentation strategy. The business model blends a freemium procurement product (free to enterprises, monetized via vendor commissions) with subscription-based Network Inventory Manager and Expense Management modules priced by network size, supplemented by a managed bill-consolidation service.
Lightyear has raised approximately $60.1M in disclosed funding across five rounds from 2019 through January 2026, with a $13.1M Series A in July 2021 (Ridge Ventures lead), a $31M Series B in November 2024 (Altos Ventures lead), and a $16M undisclosed round in January 2026. Investors include Altos Ventures, Ridge Ventures, Amplo, Zigg, Susa Ventures, Ludlow Ventures, Operator, and Contrary. Headcount sits in the 51-100 range, the company is venture-backed and private, and operations span North America, Europe, and global accounts.
Lightyear firmographics
Firmographics- Name
- Lightyear
- Legal name
- Lightyear AI, Inc.
- Website
- https://lightyear.ai
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Lightyear (Lightyear AI, Inc.) provides an AI-native software platform that automates enterprise telecom procurement, network inventory management, and expense management for IT and finance teams at multi-location enterprises. The platform serves 300+ customers across retail, manufacturing, healthcare, and technology verticals.
- Ownership category
- akta.pro rank
Lightyear industry classification
Industry- Product category
- Enterprise Telecom Management Software
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Connector/Adapter Frameworks & Integration Runtimes (HDAEACAJ)
Keywords
Where Lightyear is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Lightyear business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Procurement Platform (Commission-based): Procurement platform is free to use. Lightyear receives commissions from vendors when customers purchase services through the platform. This commission does not increase the price paid by customers - similar to ISP sales rep commissions. In some cases, Lightyear has sold services with no commission when that was the best outcome for the customer.
- Network Inventory Manager Subscription: Subscription-based pricing based on the size of an enterprise's network. Includes dedicated onboarding support and implementation manager.
- Expense Management Subscription: Subscription-based pricing based on network size. Includes AI-native automation for telecom invoice management and payments, bill consolidation options, and human review for invoice accuracy.
- Bill Consolidation Service: Lightyear provides a single monthly bill with all telecom costs and makes on-time payments on behalf of enterprise customers. Alternative 'No Bill Pay' option delivers invoices in exact data format needed without payment handling.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | Procurement Platform - Free Tier |
| Subscription | Monthly | Network Inventory Manager - Subscription |
| Subscription | Monthly | Expense Management - Subscription |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels9 records
Lightyear product offering
Product offeringCore offering
Lightyear operates as a unified Telecom Operating System that automates the full enterprise telecom lifecycle across three integrated products: Procurement (automated RFP creation and quoting using proprietary network and pricing intelligence across 1,200+ global carriers), Network Inventory Manager (a digital system of record capturing 30+ data points per service with automated MACD ticketing and renewal reshopping), and Expense Management (AI-native invoice processing, variance analysis, bill consolidation, and on-time payment). The platform is used by hundreds of enterprises to digitize telecom procurement, gain network visibility, and reduce spend.
Product overview
Lightyear is The Telecom Operating System - a unified platform consisting of three integrated core products: Procurement (automated network RFP and quoting), Network Inventory Manager (digital system of record with lifecycle automation), and Expense Management (AI-native invoice processing and bill consolidation). The platform provides end-to-end telecom lifecycle management from procurement through implementation to ongoing expense optimization, with the three products designed to work together as a closed-loop system.
Differentiator
Problem solved
Functional benefit
Products and services
- Procurement Automated telecom and network procurement software that digitizes and automates the RFP process from creation through implementation. Uses proprietary network intelligence and pricing data to deliver optimal vendor selection and rates for internet, WAN, voice, and colocation services. Free to use for enterprises, with Lightyear earning commissions from carriers on services purchased through the platform.
- Network Inventory Manager Network inventory management software that establishes a digital system of record for enterprise networks. Tracks 30+ data points per service (static IPs, contract details, account IDs) and automates lifecycle management workflows including MACD ticketing and renewal reshopping. Priced by subscription based on network size with dedicated onboarding and implementation manager.
- Expense Management AI-native telecom expense management platform that automates invoice processing, cost allocation, variance analysis, and bill payments. Provides global invoice receipt across all carrier formats with AI-powered data extraction and flexible payment options including bill consolidation that delivers a single monthly bill and on-time payment service. Priced by subscription based on network size.
Quantifiable outcome
- 70%+ time savings on telecom management workflows
- +8 more outcomes
Companies that use Lightyear
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles1 record
Lightyear technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability5 records
Feature6 records
Lightyear partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- ServiceNowcoreIntegration partnership enabling enterprises to connect Lightyear's telecom management data with ServiceNow enterprise workflows. Available via Lightyear API.
- MerakicoreIntegration partnership enabling network data synchronization with Cisco Meraki infrastructure. Available via Lightyear API.
- SplunkcoreIntegration partnership for logging and monitoring network data within Splunk enterprise observability platform. Available via Lightyear API.
- NetBoxcoreIntegration partnership for network infrastructure documentation and synchronization with NetBox IPAM/DCIM platform. Available via Lightyear API.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Lightyear competitors and assessment
Company assessmentDirect peers
- Tangoe (ASG): Tangoe is one of the largest telecom expense management (TEM) and managed mobility services providers, directly competing with Lightyear in enterprise telecom lifecycle management including expense processing, inventory, and procurement automation. Acquired by ASG (Allen Systems Group), Tangoe serves a similar multi-location enterprise customer base.
- Calero-MDSL: Calero-MDSL is a leading telecom and SaaS expense management provider offering expense management, usage optimization, and invoice processing for enterprises. Like Lightyear, it serves multi-location enterprises managing complex telecom estates, and is a direct competitor in the TEM category.
- Sakon: Sakon is a telecom and cloud expense management platform that automates invoice processing, expense management, and optimization for enterprise communications services. It competes directly with Lightyear's Expense Management product and serves similar IT and finance buyers.
- WidePoint: WidePoint is a managed mobility and telecom management services company providing expense management, mobile security, and lifecycle management. It is comparable to Lightyear in serving enterprises managing telecom service spend and inventory at scale.
- Cimpl (now part of Tangoe): Cimpl was a cloud-based telecom and mobile asset/expense management platform serving enterprise customers, and was acquired by Tangoe. Its product focus on inventory and expense automation for IT/telecom mirrors Lightyear's Network Inventory Manager and Expense Management products.
Emerging players
- Vendr: Vendr is a SaaS procurement platform that helps enterprises buy and manage software subscriptions, with a similar land-and-expand motion and data-driven pricing intelligence approach. While focused on SaaS rather than telecom, the procurement platform mechanics, free PLG entry, and data moat strategy are directly comparable to Lightyear's Procurement product.
- Tropic: Tropic is a SaaS buying and management platform for enterprises, with a free procurement entry point and paid spend intelligence subscriptions. Its GTM motion, focus on procurement data intelligence, and target buyer (IT and finance) are closely analogous to Lightyear's land-and-expand model in the telecom category.
Broad incumbents
- Cisco (Meraki): Cisco is a broad incumbent networking and telecom infrastructure provider, and through Meraki, sells SD-WAN, switching, and wireless solutions that sit adjacent to Lightyear's network inventory domain. Cisco's networking data and enterprise relationships are a strategic threat and partnership channel for telecom management platforms.
- ServiceNow: ServiceNow is a broad ITSM and enterprise workflow platform that Lightyear integrates with via API, and which could extend its own telecom management workflows. As a strategic platform incumbent serving IT and procurement functions, it represents both a key integration partner and a potential competitive entrant in the telecom management space.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Lightyear social profiles
Digital presenceLightyear financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lightyear leadership team
Management profileNumber of profiles
Profiles2 records
Lightyear funding detail
Funding detailFunding overview
Funding rounds5 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lightyear M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lightyear
What does Lightyear do?
Lightyear operates as a unified Telecom Operating System that automates the full enterprise telecom lifecycle across three integrated products: Procurement (automated RFP creation and quoting using proprietary network and pricing intelligence across 1,200+ global carriers), Network Inventory Manager (a digital system of record capturing 30+ data points per service with automated MACD ticketing and renewal reshopping), and Expense Management (AI-native invoice processing, variance analysis, bill consolidation, and on-time payment). The platform is used by hundreds of enterprises to digitize telecom procurement, gain network visibility, and reduce spend.
Is Lightyear a public or private company?
Lightyear is a private company. It is classified as venture growth investor backed and is currently operating.
When was Lightyear founded?
Lightyear was founded in 2019. It employs 1 to 10 people.
Where is Lightyear based?
Lightyear is headquartered in New York, United States, in the North America region.
How does Lightyear make money?
Four revenue lines are on record. Procurement Platform (Commission-based) is the primary driver. The others are network Inventory Manager Subscription, expense Management Subscription and bill Consolidation Service.
Who are Lightyear's main competitors?
Direct peers on record are Tangoe (ASG), Calero-MDSL, Sakon, WidePoint and Cimpl (now part of Tangoe). Emerging players are Vendr and Tropic. Broad incumbents are Cisco (Meraki) and ServiceNow.
Does Lightyear have an API?
Yes. Lightyear's API enables integrations with enterprise systems including ServiceNow, NetBox, Splunk, and Meraki. It allows programmatic access to telecom procurement and management data, supporting actions like creating RFPs, managing quotes, tracking implementations, and accessing inventory data. The API was launched in Q4 2023. Developer documentation is at No Information.
What industry is Lightyear in?
Lightyear's product category is Enterprise Telecom Management Software. Its primary akta.pro industry code is HDAEACAJ, Connector/Adapter Frameworks & Integration Runtimes. Its NAICS code is 541511 and its SIC code is 7371.