Lightricks profile, products and governance

The company is mid-separation. On 23 February 2026 it divided into two business units, Facetune and LTX. On 8 July 2026 LTX announced it was officially spinning off to become an independent company, and the Lightricks About page, read on 13 November 2026, still describes the separation as in process. Zeev Farbman continues to lead LTX. Asaf Porat is General Manager of Lightricks, which keeps the consumer apps led by Facetune; its homepage also lists the Popular Pays creator marketplace.

LTX builds open-weights video and world models. LTX-2.5, released on 11 August 2026, is the newest. LTX says it adds native multishot generation, a Gemma 4 language backbone and a local build tuned with NVIDIA, and that its models have passed 33 million downloads. LTX-2 weights went public on 5 January 2026. LTX Studio packages the models into a production app, and a pay-per-second API serves teams that do not want to run GPUs.

On 29 September 2021 Lightricks announced its Series D: $130M, made up of $100M primary and $30M secondary, co-led by Insight Partners and Hanaco Venture Capital at a $1.8B valuation. The release put total funding at $335M, and no later round turned up. Its CEO wrote on 23 February 2026 that LTX has been funded from the apps' profits, with LTX-2 costing $150 million to build using a few dozen engineers. The About page also lists Goldman Sachs Growth Equity, Viola Ventures, Qumra Capital House and Stonebridge Partners among its backers.

The apps earn from consumer subscriptions. LTX earns from the API, LTX Studio plans and enterprise licences. Its community licence lets companies under $10M in annual revenue use the open weights commercially at no cost, and larger ones need a commercial licence.

Beyond the founders, the company pages name Daniel Berkovitz (Chief Product Officer), Shani Mandel Laufer (Chief Business Officer) and Noa Rosenberg Segalovitz (CHRO and CLO). They put headcount at roughly 500 to 600 people before the split. LTX describes itself as founded in 2024 and as a lab for frontier open world models, aimed at studios, enterprises and robotics teams.

Where it loses: on the Artificial Analysis text-to-video board, read on 13 November 2026, LTX-2.5 Fast scores 943 and LTX-2.5 Pro 938 on a scale that fixes Kling 3.0 at 1000. That sits under Veo 3.1 from Google DeepMind at 964, Kling 3.0 from Kuaishou, and Seedance 2.5 from ByteDance at 1155. MiniMax H3 leads the board's open-weights models at 1161, with LTX-2.5 Fast third among them. LTX's top-three claim dates from its LTX-2 Pro result in November 2025. The same board prices LTX-2.5 Fast at $7.80 a minute against $24.00 for Veo 3.1, which is the case for LTX when cost and local control count more than the last points of quality. The best AI video generators guide ranks the hosted alternatives, including Runway.

Its LTX Trust Center lists ISO/IEC 42001, the AI management-system standard, alongside SOC 2 and ISO 27001, and says the platform is hosted on Amazon Web Services.

Who should use which: builders and studios that want video models they can run and fine-tune themselves should look at LTX; people who only want a mobile photo or video editor are Lightricks' other audience, through Facetune and Videoleap. Lightricks' contact page now lists LTX licensing separately, so send licence and enterprise questions to LTX and app questions to Lightricks.