Lightspeed Venture Partners

Venture capital firm
Menlo Park, California, USAFounded 2000$28.2B AUMlsvp.comSee connections →Compare with Sequoia Capital

Venture capital firm backing founders from seed to Series F across enterprise software, healthcare, and fintech in the U.S., Europe, Israel, India, and Southeast Asia.

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 )

FactValueSource
HeadquartersMenlo Park, California, USASEC Form ADV (IAPD), September 16, 2026
Founded2000Wikipedia, September 6, 2026
TypeVenture capital firmValue Add VC classification
StagesSeed, Series A, Series B, Series C, Series D, Series E, Series Flsvp.com, September 5, 2026
Assets under management$28.2Blsvp.com, September 5, 2026
Funds tracked7
Latest: Lightspeed Venture Partners Opportunity Fund III ($3.3B, 2025)
Lightspeed, December 15, 2025
Venture rounds tracked47 (led 25, joined 22)
36 in the last 12 months
Recent deals table on this page (each round cites its source)
Portfolio companies tracked38Portfolio list on this page

Recent deals we track

20

Track 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

DateCompanyEventRoleAmountValuationInvestorsSource
Nov 2, 2026HypersonicaSeries BLed€100M—
Lightspeed Venture PartnersLeadunverifiedGeneral CatalystLeadunverifiedPluralunverified201 Ventures
Tech.eu
Oct 30, 2026Dren Biofunding roundLed$350M$1B
Lightspeed Venture PartnersLeadunverifiedGeneral CatalystunverifiedCormorant Asset ManagementunverifiedOrbiMed Advisorsunverified8VCunverifiedSR One Capital ManagementunverifiedJuvia GroupMirae Asset Capital Life ScienceTaiho VenturesMission BioCapital+4 more
Pulse2
Oct 30, 2026FractileSeries CRumoredLed£577M ($774M)$1 billion
Lightspeed Venture PartnersLeadunverifiedRedpoint VenturesLeadunverifiedThrive CapitalunverifiedKindred CapitalOxford Science Enterprises
Tech Funding News
Oct 28, 2026CasapSeries BParticipated$56M—
Base10 PartnersLeadunverifiedLightspeed Venture PartnersunverifiedEmergence CapitalunverifiedPrimary Venture PartnersunverifiedSynchronyExperian
Fortune
Oct 28, 2026Physical Intelligencefunding roundRumoredParticipated$1B+~$20B
Avenir Growth CapitalLeadunverifiedLux CapitalLeadunverifiedCapitalGunverifiedJeff BezosunverifiedThrive CapitalunverifiedFounders FundunverifiedLightspeed Venture Partnersunverified
PANews (Bloomberg)
Oct 22, 2026Nirva Labsfunding roundLed$25M—SiliconANGLE
Oct 22, 2026Warp Sciencesfunding roundLed$215M—
Lightspeed Venture PartnersLeadunverifiedMenlo VenturesunverifiedInstitutional Venture Partners LPLux Capital Management
SiliconANGLE
Oct 21, 2026DifferentSeedParticipated$48M—
General CatalystLeadunverifiedLightspeed Venture PartnersunverifiedTogether FundunverifiedHaystackunverifiedMXV CapitalFirebolt Ventures
Pulse 2.0
Oct 19, 2026doubleAISeries ALed$200M$1B+Calcalist (CTech)
Oct 15, 2026Rampprimary financingParticipated$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, 2026ZenzapSeries ALed$33M—
Bessemer Venture PartnersLeadunverifiedLightspeed Venture PartnersLeadunverifiedThe Garage
TechCrunch
Oct 11, 2026ZetwerkipoLed$518M$2.64B
Peak XV PartnersLeadunverifiedLightspeed Venture PartnersLeadunverifiedAccel India
The Hindu BusinessLine
Oct 8, 2026ArenaSeries BLed$200M$3.1BTechCrunch
Oct 5, 2026RobCofunding roundLed$40M—
Sequoia CapitalLeadunverifiedLightspeed Venture PartnersLeadunverified
SiliconANGLE
Oct 5, 2026RobCosecondaryLed$40M$1B
Sequoia CapitalLeadunverifiedLightspeed Venture PartnersLeadunverifiedGreenfield PartnersunverifiedKindred VenturesunverifiedLingotto Investment ManagementunverifiedPromus VenturesunverifiedCherry VenturesEuropean Tech Collective
Tech Funding News
Sep 22, 2026Snorkel AISeries EParticipated$350M$3.5BPR Newswire
Sep 15, 2026Nuance LabsSeries ALed$50M—GeekWire
Sep 15, 2026ProfoundSeries DParticipated$180M$1.8BTechCrunch
Sep 14, 2026TemporalSeries ELed$550M$12.55BTemporal
Sep 9, 2026Harveyfunding roundLed$550M$15.5BTechCrunch

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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

Stages
SeedSeries ASeries BSeries CSeries DSeries ESeries F
Sectors
EnterpriseAIFintechConsumerHealthcareCybersecurity
Geographies
USAMenlo Park, California, USA
Check size
$1M-$100M

Recent changes

  1. Nov 9, 2026Nominal Triples To $3B In 8 Months | $240M Series C, Lightspeed Leads Pulse story
  2. Nov 2, 2026Invested in Hypersonica (Series B, €100M) Tech.eu
  3. Oct 30, 2026Invested in Dren Bio ($350M) Pulse2
  4. Oct 30, 2026Invested in Fractile (Series C, £577M ($774M))Rumored Tech Funding News
  5. Oct 28, 2026Invested in Casap (Series B, $56M) Fortune
Earlier changes (15)
  1. Oct 28, 2026Invested in Physical Intelligence ($1B+)Rumored PANews (Bloomberg)
  2. Oct 22, 2026Invested in Warp Sciences ($215M) SiliconANGLE
  3. Oct 22, 2026Invested in Nirva Labs ($25M) SiliconANGLE
  4. Oct 21, 2026Invested in Different (Seed, $48M) Pulse 2.0
  5. Oct 19, 2026Invested in doubleAI (Series A, $200M) Calcalist (CTech)
  6. Oct 15, 2026Follow-on: Invested in Ramp (primary financing, $1.85B) Morningstar
  7. Oct 14, 2026Invested in Zenzap (Series A, $33M) TechCrunch
  8. Oct 8, 2026Follow-on: Invested in Arena (Series B, $200M) TechCrunch
  9. Oct 5, 2026Invested in RobCo ($40M) SiliconANGLE
  10. Sep 24, 2026Lightspeed Targets $250M for New India AI Fund Pulse story
  11. Sep 22, 2026Invested in Snorkel AI (Series E, $350M) PR Newswire
  12. Sep 15, 2026Invested in Nuance Labs (Series A, $50M) GeekWire
  13. Sep 15, 2026Follow-on: Invested in Profound (Series D, $180M) TechCrunch
  14. Sep 14, 2026Invested in Temporal (Series E, $550M) Temporal
  15. Sep 9, 2026Invested in Lightfield (Series A, $47M) PR Newswire

Funds

7
FundVintageSizeStrategySource
Lightspeed Venture Partners Opportunity Fund III2025$3.3BOpportunity
As of Dec 15, 2025Lightspeed
Lightspeed Venture Partners Fund XIV2022$1.98BFlagship
As of 2022Wikipedia
Lightspeed Venture Partners India Fund IV2022$500MOther
As of 2022Wikipedia
Lightspeed Venture Partners Opportunity Fund II2022$2.36BOpportunity
As of 2022Wikipedia
Lightspeed Venture Partners Select Fund V2022$2.26BSelect
As of 2022Wikipedia
Show 2 earlier funds
FundVintageSizeStrategySource
Lightspeed Venture Partners Fund XIII2020—Flagship
As of Mar 5, 2020SEC EDGAR Form D
Lightspeed Venture Partners Fund XI2016$715MFlagship
As of Mar 9, 2016SEC EDGAR Form D

Portfolio

38 total

Sector / Stage Activity

By sector (portfolio)
AI infra
9 · 24%
Robotics
5 · 13%
Enterprise SaaS
4 · 11%
Fintech
3 · 8%
Defense
3 · 8%
Consumer
2 · 5%
Healthcare AI
1 · 3%
Energy/Grid
1 · 3%
AI
1 · 3%
Biotech
1 · 3%
By stage (tracked rounds)
Series B
10 · 50%
Series A
8 · 40%
Series C
7 · 35%
Series E
4 · 20%
Series D
4 · 20%
Seed
3 · 15%
Series F
2 · 10%
primary financing
1 · 5%
Series G
1 · 5%
Series E-2
1 · 5%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. Nominal 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.→
  2. Anthropic'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.→
  3. General 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.→
  4. Palo 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.→
  5. Anthropic 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.→
  6. Traversal 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.→
  7. Anthropic'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.→
  8. Hypersonica 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.→
  9. Anthropic 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.→
  10. Castelion, 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.→
  11. Dren 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.→
  12. Cyera 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.→
  13. Sava 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.→
  14. PhotonPay 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.→
  15. Casap 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.→
  16. Warp 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.→
  17. Nirva'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.→
  18. Nirva 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.→
  19. Warp 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.→
  20. doubleAI 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.→
  21. Dream 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.→
  22. Zenzap 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.→
  23. Pear 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.→
  24. TwinCafe 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.→
  25. Zetwerk 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.→
  26. Union 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.→
  27. Arena 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.→
  28. Reflection 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.→
  29. RobCo 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.→
  30. Anthropic'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.→
  31. ElevenLabs 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.→
  32. New 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.→
  33. Lightspeed 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.→
  34. Snorkel 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.→
  35. Temporal 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.→
  36. Nine 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.→
  37. Harvey 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.→
  38. Lightfield 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.→
  39. Harvey 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.→
  40. Nvidia 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
Where these figures come from

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.

How we verify data ·