Meet the team IN MEMORIAM
Growth Investments Early Stage
Valor Siren Ventures VSV Investments
 

COMPANY PROFILE

Meet Lightning Labs.

 
 
 

HQ: Started in California with a distributed team

Founders: Elizabeth Stark, Olaoluwa Osuntokun

Website: lightning.engineering

Opportunity: Serves as the leading provider of developer tools & node infrastructure for the Lightning Network, an open-source, decentralized, layer 2 scaling solution for Bitcoin.

Vision: Revolutionizing the payment network by enabling Bitcoin payments to scale globally. Allow Bitcoin payments to happen instantaneously at a fraction of the cost of existing solutions. 

Status: Active

 
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QUICK FACTS

> First partnered with Valor in 2021.

> Lightning Labs developed and maintains the open-source Ind implementation, which holds dominant market share for Lightning Network nodes.

> Lighting Network is an off-chain system enabling connected nodes to send BTC through payment channels at 100K+ transactions per second for a fraction of a cent per transaction.

> Co-founder and CEO Elizabeth Stark has been involved in the Lightning Network since its earliest stages including contributing to the development of the original whitepaper in 2015.

 

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Work at Lightning Labs.

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