#Lightspeed onsite1.2.2 series

Lightspeed Venture Partners Select V, L.P. Lightspeed Venture Partners Select V, L.P.Īs companies begin to inflect and scale, they need a partner who can grow with them and support their scaling ambitions to be a category defining company. “We have our finger on the cultural pulse and go where the entrepreneur is - we meet the founders and innovators where they are making their mark.” “We pride ourselves on being the first institutional capital behind our founders and having the patience, persistence and capital to help build companies from one employee to thousands, from day one to IPO,” said Nicole Quinn, Partner, Lightspeed. “We love to partner with and even incubate companies around core dislocations in the enterprise landscape and to build relationships with prospective entrepreneurs years before they are ready to start building.” “We believe in investing at the earliest stages of innovation, partnering with generational entrepreneurs who have clarity of vision, an insatiable desire to build something enduring, and the conviction and courage to compete and win against all odds,” said Arif Janmohamed, Partner, Lightspeed. Stripe and Yelp veteran Justin Overdorff joined as a Partner in 2021 to help lead Lightspeed’s Fintech practice and plant the Lightspeed flag in New York City, where he is based. Today, almost every business is now a fintech business, which is why Lightspeed has invested over $1.5B in close to 100 global Fintech companies including $600M specifically in blockchain and emerging use cases. With over $1.2 billion in distributions, Lightspeed’s Healthcare practice has been focused on improving patient lives over the last ten years, initially recognizing the value of health data with the dawn of the genomic era by investing in diagnostic and cutting-edge platform technologies, quickly followed by an expansion into biotherapeutics. Over 30% of Lightspeed’s consumer investments are in female-founded companies and 2021 was its most geographically diverse in its history. With Europe becoming one of the most exciting startup markets in the world, the team welcomed Paul Murphy in 2021 to help lead Lightspeed’s European office in the UK as a Partner. Lightspeed believes that exceptional consumer companies will continue to emerge from increasingly diverse geographies and diverse founders. While the firm built its early reputation on its Enterprise practice, it is building its legacy on extending that success to its burgeoning Consumer, Healthcare and Fintech practices. Lightspeed has been known as a pioneer in early-stage Enterprise investing for the past 20+ years and today continues to have one of the largest teams in Enterprise, investing at the forefront of infrastructure, cloud, security, AI, SaaS and the future of work.

#Lightspeed onsite1.2.2 series

Investing at the earliest stages of innovation, from incubation to Seed to Series B, drives the way Lightspeed fundamentally works with and supports companies at all stages.

($1.98B), is designed to support founders in their earliest stages of company development in the firm’s long-standing Enterprise, Consumer, Health and Fintech practices. Lightspeed Venture Partners XIV-A/B, L.P.

Today’s funding, approximately 60% more than Lightspeed’s last flagship fundraise, focuses on expanding the firm’s early stage vehicles and supporting its large and growing global platform. Roughly a fourth of those companies have either been acquired or gone public, with 33 IPOs over the years. Since Lightspeed’s founding, the firm has partnered with more than 500 Enterprise, Consumer, Health and Fintech founders and their companies. Lightspeed’s global and multi-stage strategy supports exceptional entrepreneurs across sectors, in any geography, and at any point in their entrepreneurial journey across twelve global offices and in six countries. Also, today marks the unveiling of Lightspeed Faction, an independent team dedicated to building on Lightspeed’s nine year history of backing exceptional founders in blockchain infrastructure. Separately, Lightspeed India Partners today announced the closing of a $500M early stage fund (“LSIP Fund IV”). (“Opportunity Fund II”) with $2.36 billion of committed capital. (“Select Fund V”) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P.

MENLO PARK, Calif.-( BUSINESS WIRE)-Lightspeed Venture Partners (“Lightspeed”) today announced the closing of Lightspeed Venture Partners XIV-A/B, L.P.