Dennis Thankachan
New York City Metropolitan Area,United States
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Dennis Thankachan is the Co-founder and CEO of Lightyear, an enterprise software company building an AI-powered procurement platform designed to automate the purchasing and accounts payable processes for large companies. Before founding Lightyear in 2019, Dennis gained valuable experience in the finance industry, working in investment banking at Goldman Sachs where he focused on the Technology, Media, and Telecom (TMT) sector, and previously at Bank of America Merrill Lynch. His background in finance provided him with deep insights into the operational inefficiencies within enterprise procurement, motivating him to leverage technology to create innovative solutions. He is passionate about helping businesses save money and operate more efficiently through intelligent automation.
Professional Summary
Dennis Thankachan's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Co-founder and CEO of Lightyear
Successfully launched and leads Lightyear, a venture-backed company developing an AI-powered procurement and accounts payable automation platform for enterprises.
Secured $13M Series A Funding for Lightyear (2022)
Led Lightyear to secure $13 million in Series A funding, co-led by Menlo Ventures and Ridge Ventures, with participation from Amplo VC and Operator Partners, to scale its operations and further develop its AI capabilities.
Forbes 30 Under 30 - Enterprise Technology (2023)
Recognized by Forbes in their prestigious '30 Under 30' list for his significant contributions to enterprise technology through the innovation and growth of Lightyear.
Secured $8.5M Seed Funding for Lightyear (2021)
Successfully raised an $8.5 million seed round for Lightyear, led by Amplo and Susa Ventures, enabling the initial product development and market entry.
Experience at Goldman Sachs
Worked as an Investment Banking Associate at Goldman Sachs, focusing on Technology, Media, and Telecom (TMT), gaining expertise in financial analysis and strategic advisory for major corporations.
Educational Background
Bachelor of Arts, Computer Science
The University of Texas at Austin
Bachelors of Business Administration, Business Honors, Finance
The University of Texas at Austin
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Company Overview
LightyearLightyear is a Dutch high-tech company developing ultra-efficient solar electric vehicles (SEVs) with the goal of providing clean mobility for everyone, everywhere. Their vehicles, like the upcoming Lightyear 2, integrate solar panels into the car's body to significantly extend range and reduce reliance on charging infrastructure, aiming for a sustainable automotive future by enabling users to drive for months without plugging in, depending on usage and sunlight.
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