Canadian enterprise AI consultancy Lightworks has secured up to $12 million in financing to fast-track the large-scale deployment of AI solutions for some of the world’s largest and most highly regulated enterprises. The round was led by Round13 Capital.
The funding will support the launch of Lightworks’ flagship AI services and accelerate the company’s overall growth. The firm plans to deepen its focus on major regulated enterprises and forge new partnerships to set industry standards for managing AI agents at scale in compliance-sensitive environments.
Lightworks said the new capital will help advance its vision to bring together some of the world’s largest regulated institutions and experienced industry leaders through a new services model. The goal is to collaboratively build on and extend industry standards to accelerate the secure, compliant deployment of AI agents at enterprise scale.
The company’s team brings decades of experience advising major institutions on secure and compliant technology adoption and has delivered large-scale programs across North America, Australia, and Asia.
Founded in 2013 and based in Toronto, Round13 Capital is a venture and growth equity firm that invests in high-potential companies across sectors, with a focus on long-term growth and development.
KEY QUOTES
“Round13 Capital’s investment marks a defining milestone. For large, highly regulated enterprises to move AI initiatives from pilots to full scale deployments, they must ensure AI agents can operate safely, transparently, and in alignment with compliance and security frameworks.”
John Painter, Founder And CEO Of Lightworks
“This investment supports Round13 Capital’s guiding mission to back founders and grow the Canadian technology and IT Services ecosystem. Our past collaborations with John and his team give us great confidence in their ability to establish strategic partnerships and operate within highly complex enterprise environments. Lightworks is tackling a defining challenge of this decade – establishing control, compliance, and visibility for AI at enterprise scale.”
Wilson Lee, Partner At Round13 Capital
