Lightspeed Venture Partners is a Menlo Park, California-based venture capital firm investing at the Seed, Series A, Series B, Series C, Series D, Series E and Series F stages. Its latest fund is Lightspeed Venture Partners Opportunity Fund III ($3.3B, 2025, per Lightspeed). Value Add VC tracks 38 companies Lightspeed Venture Partners has invested in and 47 venture rounds it took part in (25 as lead).
Lightspeed Venture Partners key facts (as of )
| Fact | Value | Source |
|---|---|---|
| Headquarters | Menlo Park, California, USA | SEC Form ADV (IAPD), September 16, 2026 |
| Founded | 2000 | Wikipedia, September 6, 2026 |
| Type | Venture capital firm | Value Add VC classification |
| Stages | Seed, Series A, Series B, Series C, Series D, Series E, Series F | lsvp.com, September 5, 2026 |
| Assets under management | $28.2B | lsvp.com, September 5, 2026 |
| Funds tracked | 7 Latest: Lightspeed Venture Partners Opportunity Fund III ($3.3B, 2025) | Lightspeed, December 15, 2025 |
| Venture rounds tracked | 47 (led 25, joined 22) 36 in the last 12 months | Recent deals table on this page (each round cites its source) |
| Portfolio companies tracked | 38 | Portfolio list on this page |
Recent deals we track
20Track record: led 25 and participated in 22 of 47 tracked venture rounds · 36 in the last 12 months · led 7 Series B, 4 Series C, 3 Series A, 2 Series E
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Nov 2, 2026 | Hypersonica | Series B | Led | €100M | — | Tech.eu | |
| Oct 30, 2026 | Dren Bio | funding round | Led | $350M | $1B | Lightspeed Venture PartnersLeadunverifiedGeneral CatalystunverifiedCormorant Asset ManagementunverifiedOrbiMed Advisorsunverified8VCunverifiedSR One Capital ManagementunverifiedJuvia GroupMirae Asset Capital Life ScienceTaiho VenturesMission BioCapital+4 more | Pulse2 |
| Oct 30, 2026 | Fractile | Series CRumored | Led | £577M ($774M) | $1 billion | Lightspeed Venture PartnersLeadunverifiedRedpoint VenturesLeadunverifiedThrive CapitalunverifiedKindred CapitalOxford Science Enterprises | Tech Funding News |
| Oct 28, 2026 | Casap | Series B | Participated | $56M | — | Base10 PartnersLeadunverifiedLightspeed Venture PartnersunverifiedEmergence CapitalunverifiedPrimary Venture PartnersunverifiedSynchronyExperian | Fortune |
| Oct 28, 2026 | Physical Intelligence | funding roundRumored | Participated | $1B+ | ~$20B | Avenir Growth CapitalLeadunverifiedLux CapitalLeadunverifiedCapitalGunverifiedJeff BezosunverifiedThrive CapitalunverifiedFounders FundunverifiedLightspeed Venture Partnersunverified | PANews (Bloomberg) |
| Oct 22, 2026 | Nirva Labs | funding round | Led | $25M | — | Lightspeed Venture PartnersLeadunverifiedSouth Park Commonsunverified | SiliconANGLE |
| Oct 22, 2026 | Warp Sciences | funding round | Led | $215M | — | Lightspeed Venture PartnersLeadunverifiedMenlo VenturesunverifiedInstitutional Venture Partners LPLux Capital Management | SiliconANGLE |
| Oct 21, 2026 | Different | Seed | Participated | $48M | — | General CatalystLeadunverifiedLightspeed Venture PartnersunverifiedTogether FundunverifiedHaystackunverifiedMXV CapitalFirebolt Ventures | Pulse 2.0 |
| Oct 19, 2026 | doubleAI | Series A | Led | $200M | $1B+ | Lightspeed Venture PartnersLeadSiliconANGLE · unverifiedBessemer Venture PartnersLeadSiliconANGLE · unverifiedNvidiaSiliconANGLE · unverifiedDell Technologies CapitalSiliconANGLE · unverifiedPitangoBRMMonday | Calcalist (CTech) |
| Oct 15, 2026 | Ramp | primary financing | Participated | $1.85B | $60B | Dragoneer Investment GroupLeadunverifiedThrive CapitalunverifiedFounders FundunverifiedSands CapitalunverifiedFidelity InvestmentsunverifiedT. Rowe PriceunverifiedD1 Capital PartnersunverifiedGreenoaksunverifiedIconiq CapitalunverifiedGICunverified8VCunverifiedCoatue ManagementunverifiedFirstMark CapitalunverifiedGeneral CatalystunverifiedKhosla VenturesunverifiedLightspeed Venture PartnersunverifiedStripes GroupunverifiedAvenir GrowthD.E. Shaw | Morningstar |
| Oct 14, 2026 | Zenzap | Series A | Led | $33M | — | TechCrunch | |
| Oct 11, 2026 | Zetwerk | ipo | Led | $518M | $2.64B | The Hindu BusinessLine | |
| Oct 8, 2026 | Arena | Series B | Led | $200M | $3.1B | Lightspeed Venture PartnersLeadunverifiedKhosla VenturesLeadunverifiedSalesforce Venturesunverified01 AdvisorsunverifiedDell Technologies CapitalunverifiedEndeavor CatalystunverifiedAndreessen HorowitzunverifiedFelicis Venturesunverified | TechCrunch |
| Oct 5, 2026 | RobCo | funding round | Led | $40M | — | Sequoia CapitalLeadunverifiedLightspeed Venture PartnersLeadunverified | SiliconANGLE |
| Oct 5, 2026 | RobCo | secondary | Led | $40M | $1B | Sequoia CapitalLeadunverifiedLightspeed Venture PartnersLeadunverifiedGreenfield PartnersunverifiedKindred VenturesunverifiedLingotto Investment ManagementunverifiedPromus VenturesunverifiedCherry VenturesEuropean Tech Collective | Tech Funding News |
| Sep 22, 2026 | Snorkel AI | Series E | Participated | $350M | $3.5B | PR Newswire | |
| Sep 15, 2026 | Nuance Labs | Series A | Led | $50M | — | GeekWire | |
| Sep 15, 2026 | Profound | Series D | Participated | $180M | $1.8B | TechCrunch | |
| Sep 14, 2026 | Temporal | Series E | Led | $550M | $12.55B | Temporal | |
| Sep 9, 2026 | Harvey | funding round | Led | $550M | $15.5B | TechCrunch |
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About Lightspeed Venture Partners
Lightspeed Venture Partners was founded in 2000 and is headquartered in Menlo Park, California, USA.[Wikipedia][SEC Form ADV (IAPD)] Funds Value Add VC tracks for the firm include Lightspeed Venture Partners Opportunity Fund III ($3.3B, 2025), Lightspeed Venture Partners Fund XIV ($1.98B, 2022) and Lightspeed Venture Partners India Fund IV ($500M, 2022).[Lightspeed][Wikipedia]
At a glance
Lightspeed Venture Partners appears in 47 funding rounds tracked by ValueAddVC since 2024, leading 25. Its most frequent sectors in these rounds are AI & Infrastructure and Fintech & Crypto, and its most recent tracked deal was Hypersonica's €100M Series B round (Nov 2, 2026). It co-invests most often with General Catalyst, Andreessen Horowitz and Sequoia Capital. ValueAddVC also tracks 7 funds managed by Lightspeed Venture Partners.
Strategy
Recent changes
- Nov 9, 2026Nov 9, 2026Nominal Triples To $3B In 8 Months | $240M Series C, Lightspeed Leads Pulse story
- Nov 2, 2026Nov 2, 2026Invested in Hypersonica (Series B, €100M) Tech.eu
- Oct 30, 2026Oct 30, 2026Invested in Dren Bio ($350M) Pulse2
- Oct 30, 2026Oct 30, 2026Invested in Fractile (Series C, £577M ($774M))Rumored Tech Funding News
- Oct 28, 2026Oct 28, 2026Invested in Casap (Series B, $56M) Fortune
Earlier changes (15)
- Oct 28, 2026Oct 28, 2026Invested in Physical Intelligence ($1B+)Rumored PANews (Bloomberg)
- Oct 22, 2026Oct 22, 2026Invested in Warp Sciences ($215M) SiliconANGLE
- Oct 22, 2026Oct 22, 2026Invested in Nirva Labs ($25M) SiliconANGLE
- Oct 21, 2026Oct 21, 2026Invested in Different (Seed, $48M) Pulse 2.0
- Oct 19, 2026Oct 19, 2026Invested in doubleAI (Series A, $200M) Calcalist (CTech)
- Oct 15, 2026Oct 15, 2026Follow-on: Invested in Ramp (primary financing, $1.85B) Morningstar
- Oct 14, 2026Oct 14, 2026Invested in Zenzap (Series A, $33M) TechCrunch
- Oct 8, 2026Oct 8, 2026Follow-on: Invested in Arena (Series B, $200M) TechCrunch
- Oct 5, 2026Oct 5, 2026Invested in RobCo ($40M) SiliconANGLE
- Sep 24, 2026Sep 24, 2026Lightspeed Targets $250M for New India AI Fund Pulse story
- Sep 22, 2026Sep 22, 2026Invested in Snorkel AI (Series E, $350M) PR Newswire
- Sep 15, 2026Sep 15, 2026Invested in Nuance Labs (Series A, $50M) GeekWire
- Sep 15, 2026Sep 15, 2026Follow-on: Invested in Profound (Series D, $180M) TechCrunch
- Sep 14, 2026Sep 14, 2026Invested in Temporal (Series E, $550M) Temporal
- Sep 9, 2026Sep 9, 2026Invested in Lightfield (Series A, $47M) PR Newswire
Funds
7| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Lightspeed Venture Partners Opportunity Fund III | 2025 | $3.3B | Opportunity | As of Dec 15, 2025Lightspeed |
| Lightspeed Venture Partners Fund XIV | 2022 | $1.98B | Flagship | As of 2022Wikipedia |
| Lightspeed Venture Partners India Fund IV | 2022 | $500M | Other | As of 2022Wikipedia |
| Lightspeed Venture Partners Opportunity Fund II | 2022 | $2.36B | Opportunity | As of 2022Wikipedia |
| Lightspeed Venture Partners Select Fund V | 2022 | $2.26B | Select | As of 2022Wikipedia |
Show 2 earlier funds
| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Lightspeed Venture Partners Fund XIII | 2020 | — | Flagship | As of Mar 5, 2020SEC EDGAR Form D |
| Lightspeed Venture Partners Fund XI | 2016 | $715M | Flagship | As of Mar 9, 2016SEC EDGAR Form D |
Portfolio
38 totalSector / Stage Activity
Co-Investors
12Similar Firms
overlapping sector, stage or regionValue Add Research
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Latest Pulse
- Nov 9, 2026Nominal Triples To $3B In 8 Months | $240M Series C, Lightspeed LeadsNominal raised $240 million in a Series C led by Lightspeed Venture Partners and Insight Partners, tripling its valuation to $3 billion eight months after its last round.→
- Nov 6, 2026Anthropic's IPO Valuation Craters to $1.2T-$1.3T From $2TAnthropic's expected IPO valuation has fallen from about $2 trillion to $1.2-$1.3 trillion as AI token spending stalls, with OpenAI also cutting the valuation target for its pre-IPO funding round.→
- Nov 6, 2026General Catalyst Led $5.1B Across 9 Deals In OctoberGeneral Catalyst led or co-led at least nine funding rounds worth a combined $5.1 billion in October, the most of any U.S. venture firm by capital deployed, per Crunchbase News.→
- Nov 5, 2026Palo Alto Networks In Talks To Buy Clutch For $500MPalo Alto Networks is in talks to acquire AI-agent security startup Clutch for $500 million, its seventh acquisition this year as it races to secure AI-agent access to enterprise systems.→
- Nov 4, 2026Anthropic Reportedly Eyes Week Of Nov. 16 Debut | 9-Month Revenue Up 1,206% To $33.2BAnthropic is aiming to debut on Nasdaq as soon as the week of November 16 under ticker ANT, Yahoo Finance reported, citing the WSJ and Reuters, after its amended S-1 showed nine-month revenue grew 1,206% year-over-year to $33.2 billion.→
- Nov 3, 2026Traversal Hits $1B Valuation On $120M Series B | 3 Firms Co-LeadTraversal, an AI agent platform for enterprise site reliability engineering, has raised $120 million in a Series B round that values the company at $1 billion, co-led by Kleiner Perkins, Redpoint Ventures and Khosla Ventures.→
- Nov 3, 2026Anthropic's $2T IPO Ask Doesn't Add Up, Analysts SayAnthropic's reported push for a $1.5 trillion to $2 trillion IPO valuation is drawing skepticism from Wall Street analysts after the AI company posted $17 billion in third-quarter revenue and a $567 million operating loss.→
- Nov 2, 2026Hypersonica Raises €100M To Build European Hypersonic MissilesHypersonica, a British-German defense startup, raised a €100 million Series B co-led by Lightspeed Venture Partners and General Catalyst to build hypersonic missiles.→
- Nov 2, 2026Anthropic Files To Sell $3.5B Of Shares To Japan InvestorsAnthropic filed to sell up to $3.5 billion of shares to investors in Japan as part of its planned US listing, without disclosing the IPO's total size or valuation.→
- Oct 31, 2026Castelion, Valued At $13B, Grows To 400+ Staff Chasing Scale-UpCastelion, valued at $13 billion since its August Series C, has grown past 400 employees racing to open a new production site and compete with Lockheed's delayed Dark Eagle program.→
- Oct 30, 2026Dren Bio Closes Oversubscribed $350M For Cancer AntibodyDren Bio closed an oversubscribed $350 million private financing, co-led by Juvia Group and Lightspeed Venture Partners, to advance its antibody therapy dibotatug and broader immunology pipeline toward regulators.→
- Oct 30, 2026Cyera In Talks For $20B Valuation, Up From $12B In JuneCyera is discussing a new funding round that would value the data-security startup at $20 billion, The Information reported, up from the $12 billion mark it set in June.→
- Oct 29, 2026Sava Raises $10M To Build An AI-Native Trust CompanySava emerged from stealth with $10 million led by Gradient Ventures to launch Sava Trust Company, a Nevada-chartered corporate fiduciary that uses AI agents to administer trusts.→
- Oct 28, 2026PhotonPay Raises $40M Series C For Stablecoin Payments OSPhotonPay closed a $40 million Series C led by Blockchain Capital on October 29, 2026, to expand its stablecoin-focused financial operating system for cross-border payments.→
- Oct 28, 2026Casap Raises $56M Series B To Fight Bank Fraud, Tops $90M TotalCasap, an AI platform that helps banks and card issuers fight first-party fraud and chargebacks, raised a $56 million Series B led by Base10 Partners, bringing its total funding to $90 million.→
- Oct 25, 2026Warp Sciences And The Ex-OpenAI Founder PremiumKevin Weil, a former OpenAI science lead, raised $215 million at an $865 million valuation for Warp Sciences just months after leaving OpenAI, a valuation jump from an earlier mark reported in August.→
- Oct 25, 2026Nirva's $25M Round Shows AI Wearables Betting On EmotionNirva Labs raised $25 million for an AI pendant that journals a wearer's day, bringing its total funding to $33 million and pointing to a wearables category betting on emotional insight rather than fitness tracking.→
- Oct 22, 2026Nirva Raises $25M to Build AI Jewelry That JournalsNirva Labs raised $25 million to build an AI-powered wearable pendant that journals a wearer's day and surfaces mood and relationship patterns.→
- Oct 22, 2026Warp Sciences Raises $215M To Automate Drug-Discovery LabsKevin Weil, a former OpenAI science lead, has raised $215 million at an $865 million valuation for Warp Sciences, which trains robots to automate lab work for drug discovery.→
- Oct 19, 2026doubleAI Raises $200M, Nvidia And Dell Join RoundTel Aviv's doubleAI raised $200M in a Series A co-led by Lightspeed and Bessemer, with Nvidia and Dell joining a round CTech reports values the AI-model developer above $1B.→
- Oct 19, 2026Dream Labs Raises $90M Seed To Build AI Models For RobotsDream Labs raised a $90 million seed round led by B Capital and Kindred Ventures to build foundation models that let one AI system operate many different kinds of robots.→
- Oct 14, 2026Zenzap Raises $33M To Replace WhatsApp At WorkZenzap raised a $33 million Series A co-led by Bessemer Venture Partners and Lightspeed Venture Partners, bringing total funding to about $44 million for its AI-powered workplace chat app.→
- Oct 14, 2026Pear VC Closes $333M Fund V, Tops $1.1B AUMPear VC closed its $333 million Fund V, pushing total assets under management past $1.1 billion as the pre-seed and seed investor promotes three internal partners to general partner.→
- Oct 12, 2026TwinCafe Lets Recruiters Interview Your AI Twin FirstEightfold AI CEO Ashutosh Garg's new platform TwinCafe lets job candidates build an AI twin from their résumé and work history that recruiters can question before ever meeting the real person.→
- Oct 11, 2026Zetwerk Targets $2.64B Valuation In $518M IPOPeak XV- and Accel-backed Indian manufacturing platform Zetwerk set a price band seeking a $2.64 billion valuation in a $518 million IPO opening for subscription on October 15.→
- Oct 8, 2026Union Square Ventures Raises $900M, Cuts To Four PartnersUnion Square Ventures raised $900 million across a new early-stage fund and opportunity fund while reducing its active general partnership to four people.→
- Oct 8, 2026Arena Nearly Doubles To $3.1B In 10 MonthsThe AI leaderboard startup raised a $200M Series B led by Lightspeed and Khosla, nearly doubling its valuation from January as it pushes into AI-safety grading.→
- Oct 5, 2026Reflection AI Launches Beam, Its First Open ModelReflection AI unveiled Beam, a 501-billion-parameter open-weight model it says matches top Chinese open models on reasoning benchmarks using a fraction of the inference compute, intensifying the US-China race for open AI.→
- Oct 5, 2026RobCo Hits $1B Valuation, Becomes UnicornMunich robotics startup RobCo doubled its valuation to $1 billion in nine months via new investment plus a $40 million employee secondary, backed by Sequoia and Lightspeed.→
- Oct 4, 2026Anthropic's Charity Pledge Carries A Big Price TagThe Information reports Anthropic's charitable commitments as a public benefit corporation are becoming an expensive line item for shareholders as the AI lab's valuation climbs toward a trillion dollars.→
- Sep 30, 2026ElevenLabs Tender Doubles Valuation To $22BElevenLabs closed a $300 million employee tender offer that doubled its valuation to $22 billion, without the company raising a dollar of primary capital.→
- Sep 26, 2026New Mexico's Oil Windfall Becomes A $2B VC BetNew Mexico's state investment fund has committed $1.8 billion to venture funds over three years, using oil and gas royalties to seed a fusion, defense and advanced-manufacturing bet meant to outlast its own commodity cycle.→
- Sep 24, 2026Lightspeed Targets $250M for New India AI FundLightspeed Venture Partners is targeting $250 million for a new fund dedicated to early-stage AI startups in India, a distinct bet on the country's AI ecosystem.→
- Sep 22, 2026Snorkel AI Raises $350M, Triples Valuation To $3.5BSnorkel AI raised a $350 million Series E co-led by Insight Partners and Section 32 at a $3.5 billion valuation, nearly triple its mark from 17 months ago, as its data-as-a-service revenue run rate crossed $375 million.→
- Sep 21, 2026Temporal Raises $550M As Agentic AI Needs Durable CodeTemporal Technologies raised a $550 million Series E (announced September 14) at a $12.55 billion valuation led by Lightspeed, as demand for durable execution infrastructure grows alongside longer-running agentic AI workloads.→
- Sep 14, 2026Nine US Rounds, $8.7B, Ten Days: September's Real PaceValue Add Pulse totaled the nine largest US venture rounds of September 5-11 and found $8.7 billion committed, with three deals at $1 billion or more.→
- Sep 9, 2026Harvey Hits $15.5B Valuation With $550M RoundLegal AI startup Harvey raised $550 million at a $15.5 billion valuation, nearly doubling its mark in nine months, with the fresh capital earmarked for building its own AI models rather than relying solely on frontier labs.→
- Sep 9, 2026Lightfield raises $47M to build CRM for the agent eraLightfield raised a $47 million Series A led by Andreessen Horowitz to build an AI-native CRM that automatically structures customer data from email, calendar, calls and Slack, positioning itself against Salesforce and HubSpot.→
- Sep 9, 2026Harvey Raises $550M At $15.5B ValuationLegal AI startup Harvey raised $550 million at a $15.5 billion valuation, nearly doubling in nine months across two rounds while building its own open-weight model instead of depending solely on OpenAI or Anthropic.→
- Sep 7, 2026Nvidia Now Sits on Every Side of the AI TradeNvidia is the chip vendor to Crusoe and Fluidstack, an equity investor in Ineffable and SB Energy, and as of this month the owner of Hugging Face -- the open-model registry the industry treats as neutral ground.→
Lightspeed Venture Partners FAQ
What does Lightspeed Venture Partners invest in?
Lightspeed Venture Partners invests in companies at the Seed, Series A, Series B, Series C, Series D, Series E and Series F stages, according to lsvp.com.
How big is Lightspeed Venture Partners' latest fund?
Lightspeed Venture Partners' latest fund, Lightspeed Venture Partners Opportunity Fund III (2025), closed at $3.3B, according to Lightspeed (December 15, 2025). Value Add VC tracks 7 funds managed by Lightspeed Venture Partners. The firm's assets under management are $28.2B, according to lsvp.com.
What stage does Lightspeed Venture Partners invest at?
Lightspeed Venture Partners invests at the Seed, Series A, Series B, Series C, Series D, Series E and Series F stages, according to lsvp.com. In the rounds Value Add VC tracks, Lightspeed Venture Partners' deals were most often Series B (10), Series A (8) and Series C (7); it led 7 Series B, 4 Series C, 3 Series A and 2 Series E.
What companies has Lightspeed Venture Partners backed?
Companies Value Add VC tracks as Lightspeed Venture Partners investments include Anthropic, Hypersonica, Fractile, Dren Bio, Physical Intelligence and Casap, and 32 more.
Where is Lightspeed Venture Partners based?
Lightspeed Venture Partners is headquartered in Menlo Park, California, USA and was founded in 2000, according to SEC Form ADV (IAPD) and Wikipedia.
How large are Lightspeed Venture Partners' funds?
Lightspeed Venture Partners funds Value Add tracks include Lightspeed Venture Partners Opportunity Fund III ($3.3B, 2025); Lightspeed Venture Partners Fund XIV ($1.98B, 2022); Lightspeed Venture Partners India Fund IV ($500M, 2022); Lightspeed Venture Partners Opportunity Fund II ($2.36B, 2022), out of 7 Lightspeed Venture Partners funds tracked in total.
Who does Lightspeed Venture Partners co-invest with most?
In the rounds Value Add tracks, Lightspeed Venture Partners most often invests alongside General Catalyst (10 shared deals), Sequoia Capital (10 shared deals), Andreessen Horowitz (8 shared deals), Nvidia (8 shared deals), SV Angel (8 shared deals).
Sources & methodologyshow
- PR Newswireprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- Temporalprimary source1 fact
- Fortunemajor outlet1 fact
- GeekWiremajor outlet1 fact
- SiliconANGLEmajor outlet1 fact
- SiliconANGLEmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.