API platform for developers to issue and manage virtual and physical payment cards
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.
Fintech📍 New York, NYFounded 2014
Current Valuation
$800M
as of 2021-Q3
PRIVATE
QL Price
$458.6M
-43% vs last round
QuantLogix's current estimate for Lithic, published 2026-10-08 — below the last disclosed round of $800M (2021-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$800M
2021-Q3
weight 0.03
Secondary market print
$439.2M
2026-06-27
weight 0.54
How this price has held up
No round has priced for Lithic since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-08 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Lithic, 2026-10-08 (64ed29b31c130a41).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
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.
How much has Lithic raised?
Lithic has raised $115.4M in total, most recently a Series C of $60M in Jul 2021.
Is Lithic publicly traded — can you buy Lithic stock?
No. Lithic is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Lithic on its Pre-IPO Access Desk.
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.
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 3mo 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
Secondary price return by period
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
Round
Amount
Date
Lead Investor
Post-Money
Series C
$60M
Jul 2021
Stripes
—
Talent Signal
Hiring trend
▲ Hiring uptrend
+120% vs 2026-08
Open roles
11
via greenhouse
Product-build share
45%
engineering, research, product, design
Trajectory
expanding
product-led hiring — 45% of open roles build product; the rest are go-to-market and G&A.
No tracked executive churn; open roles trending up.
Counted from Lithic's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
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.