Portco highlight: Light

consumer

portal

Light raised capital through Republic Portal in Q2 2019

In portfolio since	Q2 2019
Raised amount	$156,439
Note eligibility	100% of NET profit if sold

Founded in 2014, Light has pioneered a new category in consumer electronics: technology designed to reduce digital addiction. The company's journey began with a $400,000 Kickstarter campaign that attracted a 50,000-person waitlist, quickly establishing itself as a disruptive force in mobile technology.

To date, Light has raised over $12.7 million from investors including Foxconn Technology Ventures, Able Partners, and Hinge Capital. Individual supporters such as Tim Kendall (CEO of Moment) and John Zimmer (co-founder of Lyft) have also backed the company.

In 2023, Light introduced Light Plans in partnership with Gigs, the world’s first telecom-as-a-service platform. The subscription service marked a shift toward a recurring revenue model. Partnerships with manufacturers like Foxconn have enabled scalable production and supported international expansion.

Light’s products are currently available in the US and Europe, with infrastructure in place for broader global distribution.

In April 2025, the company launched the Light Phone 3. The initial batch sold out quickly, with pre-orders extending into summer 2025. Positioned at the forefront of the digital minimalism movement, Light continues to address global concerns about technology’s impact on attention and well-being.

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