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Lithic

API platform for developers to issue and manage virtual and physical payment cards
Fintech 📍 New York, NY Founded 2014
Current Valuation
$800M
as of 2021-Q3
PRIVATE

IPO Outlookprivate

Is Lithic going public?
No. Lithic is private and has not filed to go public. There is no S-1 on file.
What is Lithic's valuation in 2026?
Lithic is valued at $800M as of 2021-Q3, set by its Series C ($60M, Jul 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Lithic filed an S-1?
No public S-1 is on file for Lithic.
Who are Lithic's investors?
Lithic's investors include Stripes, Bessemer Venture Partners, Index Ventures, Exor, Rainfall Ventures, Tusk Venture Partners and 1 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Lithic is a developer-first API platform for issuing virtual and physical payment cards. Spun out from the Privacy.com consumer wallet, Lithic provides card issuance, tokenization, spend controls, and authorization rules used by fintech startups and B2B platforms. The company added stablecoin-powered cards (via a Rain partnership) and Commercial Revolving Credit in 2024-2025.

Company Profile

CEO
Bo Jiang
Founded
2014
HQ
New York, NY
Total Raised
$115.4M
Last Round
Series C — $60M (Jul 2021) · Lead: Stripes
IPO Status
none

Fundraising Status

Series C · $60M · 5y 1mo ago
noneTotal raised $115.4M

Secondary Market

Implied price / share
$7.91
Last round price / share
$14.41
vs last round
-45.1%
Open interest
2
Last round price vs secondary price
Last round vs current secondary price per share$14.41Last round$7.91Current
Secondary price return by period
Secondary market period returns3-month-0.4%6-month-0.4%1-year-0.6%All-time-28.1%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C$60MJul 2021Stripes

Talent Signal

Hiring trend
Hiring steady
20% of roles posted in last 30d
Open roles
5
via greenhouse
Product-build share
20%
engineering, research, product, design
Trajectory
steady
go-to-market push — Only 20% of open roles build product — hiring is concentrated in sales/marketing/ops (3 of 5 open roles are other).
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month5Aug '26
Open roles by function
Open roles by functionOther3Engineering1Support1
product-building   go-to-market / G&A
Support EngineerProduct Delivery SpecialistSenior AML AnalystSenior Dispute AnalystTechnical Support Lead
Counted from Lithic's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Bo Jiang

Investors

Stripes · Bessemer Venture Partners · Index Ventures · Exor · Rainfall Ventures · Tusk Venture Partners · Commerce Ventures

Products

  • Card Issuing API (virtual + physical)
  • Authorization Stream Access (real-time controls)
  • Authorization Rules engine
  • Token Management API (Apple Pay, Google Pay)
  • Commercial Revolving Credit API
  • Privacy.com (consumer wallet)

Competitors

Marqeta · Stripe Issuing · Highnote · Adyen Issuing · Galileo · Unit
fintechcard-issuingb2bAPIdeveloper-platform
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q3. Refreshed quarterly.