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At a glance
Lightspeed Venture Partners appears in 34 funding rounds tracked by ValueAddVC since 2024, leading 16. Its most frequent sectors in these rounds are AI & Infrastructure and Enterprise Software, and its most recent tracked deal was doubleAI's $200M Series A round (Oct 19, 2026). It co-invests most often with Andreessen Horowitz, Sequoia Capital and General Catalyst. 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-$100MRecent changes
- Oct 19, 2026Oct 19, 2026Invested in doubleAI (Series A, $200M) SiliconANGLE
- 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
Earlier changes (15)
- 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
- Sep 9, 2026Sep 9, 2026Invested in Harvey ($550M) TechCrunch
- Sep 5, 2026Sep 5, 2026Stages updated: Seed, Series A, Series B, Series C, Series D, Series E, Series F lsvp.com
- Aug 25, 2026Aug 25, 2026Invested in Airbound (Series A, $37M) Dronelife
- Aug 19, 2026Aug 19, 2026Follow-on: Invested in Castelion (Series C, $800M) Castelion
- Jul 30, 2026Jul 30, 2026Invested in K2 Space (Series D, $500M) Bloomberg
- Jul 16, 2026Jul 16, 2026Follow-on: Invested in Fireworks AI (Series D, $1.505B) SiliconANGLE
- Jul 15, 2026Jul 15, 2026Invested in Emergent (Series C, $130M) TechCrunch
- Jul 15, 2026Jul 15, 2026Follow-on: Invested in Neko Health (Series C, $700M) TechCrunch
- Jul 13, 2026Jul 13, 2026Invested in Helsing (Series E, $1.8B) CNBC
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 IV | 2022 | $500M | Other | As of 2022Wikipedia |
| Lightspeed Venture Partners Fund XIV | 2022 | $1.98B | Flagship | As of 2022Wikipedia |
| Lightspeed Venture Partners Opportunity Fund II | 2022 | $2.36B | Opportunity | As of 2022Wikipedia |
| Lightspeed Venture Partners Select V | 2022 | $2.26B | Other | As of 2022Wikipedia |
Show 2 earlier funds
| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Lightspeed Venture Partners Venture Fund XIII | 2020 | — | Venture | As of Mar 5, 2020SEC EDGAR Form D |
| Lightspeed Venture Partners Venture Fund XI | 2016 | $715M | Venture | As of Mar 9, 2016SEC EDGAR Form D |
Portfolio
29 totalRecent Investment Activity
20Track record: led 16 and participated in 18 of 34 tracked venture rounds · 28 in the last 12 months · led 4 Series B, 3 Series A, 3 Series C, 2 Series E
Sector / Stage Activity
By sector (portfolio)
AI infra
9 · 31%
Enterprise SaaS
4 · 14%
Robotics
3 · 10%
Defense
2 · 7%
Healthcare AI
1 · 3%
Energy/Grid
1 · 3%
AI
1 · 3%
Legal tech
1 · 3%
Space
1 · 3%
Health tech
1 · 3%
By stage (tracked rounds)
Series A
7 · 35%
Series B
6 · 30%
Series C
6 · 30%
Series E
4 · 20%
Series D
4 · 20%
Series F
2 · 10%
primary financing
1 · 5%
Series E-2
1 · 5%
Seed
1 · 5%
Co-Investors
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Latest Pulse
- 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.→
- Sep 7, 2026The Billion-Dollar Seed Round Is Now a CategoryThree AI labs have now raised a billion dollars or more in what their investors call a seed round, at valuations between $5 billion and $12 billion before shipping a product -- a pricing convention that did not exist two years ago.→
- Sep 7, 2026David Silver's Ineffable Names Six CofoundersIneffable Intelligence, the reinforcement-learning lab valued at $5.1 billion on a $1.1 billion seed, has retroactively elevated six senior hires to cofounder -- four of them out of Google's AI organization.→
- Sep 7, 2026Defense Tech's Two Speeds: Hypersonics and Everyone ElseCastelion's $13 billion valuation and Shield AI's $12.7 billion mark show defense-tech capital concentrating hard in a handful of hardware primes-in-waiting, while smaller Tier 2/3 suppliers are left to roll up instead of raise.→
- Sep 3, 2026Thinking Machines Nears $1B Round at $40BAccel is reportedly in talks to lead a $1 billion round for Mira Murati's Thinking Machines at a $40 billion valuation -- more than 3x its $12 billion seed mark, but below the $50 billion figure it was targeting late last year.→
- Sep 3, 2026Profound Raises $96M to Own AI Search AnswersProfound raised a $96 million Series C led by Lightspeed to help brands track and influence how they get cited inside AI chatbot answers, the generative engine optimization category forming as search shifts from links to answers.→
- Aug 27, 2026Atorie Raises $9.5M to Sell Luxury Goods Sans MarkupFashion startup Atorie raised a $9.5 million seed round to sell handbags and apparel made in the same factories as luxury brands at a fraction of the price, betting on dupe culture and post-pandemic sticker shock.→
- Aug 24, 2026India's Airbound Raises $37M to Rival Trucking With DronesBengaluru-based Airbound raised a $37 million Series A led by Greenoaks and DoorDash to scale its autonomous cargo drones, betting rocket-like vertical-takeoff delivery can reach cost parity with trucking despite still being pre-revenue.→
- Aug 20, 2026Fractile Nears $6.5B Value After Anthropic Chip DealUK chip startup Fractile is in talks to raise $600M at a $6.5B valuation, more than 6x its May mark, after agreeing to sell Anthropic $250M of unshipped SRAM-based inference chips.→
- Aug 20, 2026Castelion Hits $13B Value on $1B Hypersonic Missile RoundCastelion, the hypersonic-missile startup founded by former SpaceX executives, raised a $1B Series C co-led by Andreessen Horowitz, Carlyle and JPMorgan Chase at a $13B valuation, more than double its prior mark.→
- Aug 17, 2026Live Commerce Defies the AI Narrative at WhatnotWhatnot doubled its valuation to $20 billion in a live-shopping market that has nothing to do with AI, proof that non-AI consumer businesses can still command venture megaround pricing in 2026.→
- Aug 7, 2026Whatnot's $20B Round Is the Best AI News This WeekLive-shopping platform Whatnot raised $545 million at a $20 billion valuation without an AI story to tell -- proof that durable consumer businesses still get funded on their own merits.→
- Aug 3, 2026Base Power Raises $1B, Launches Home BatteryBase Power raised $1B at a $13B valuation and launched Base Core, a 39.2 kWh home battery built in Austin -- a bet that AI-driven grid strain shows up first at the household level.→
- Jul 30, 2026K2 Space Raises $500M Series D at $6.8B ValuationK2 Space raised a $500 million Series D co-led by Kleiner Perkins and ICONIQ, valuing the large-satellite manufacturer at $6.8 billion as it targets building up to 100 large satellites a year for commercial and defense customers.→
- Jul 30, 2026K2 Space Raises $500M at $6.8B ValuationK2 Space raised a $500 million Series D at a $6.8 billion valuation, co-led by Kleiner Perkins and Iconiq, to scale production of large, high-power satellites for data-heavy communications and defense missions.→
- Jul 16, 2026Fireworks Raises $1.505B Series D at $17.5B ValuationFireworks closed a $1.505 billion Series D led by Atreides Management, Index Ventures and TCV as its annualized revenue crossed $1 billion, more than doubling its prior valuation to $17.5 billion in five months.→
- Jul 16, 2026Nvidia-Backed Fireworks AI Hits $17.5B ValuationAI inference startup Fireworks AI raised a $1.5 billion Series D at a $17.5 billion valuation, backed by Nvidia, as enterprises pursue cheaper, faster ways to serve AI models at scale.→
- Jul 14, 2026The AI Trade Just Split in Two: Buyers vs. SellersNvidia has shed roughly $1 trillion in value since May even as Meta's data center costs balloon past $50 billion and Helsing raises Europe's biggest-ever defense round -- capex is up, but the margin is shifting away from the chip seller.→
- Jul 13, 2026Helsing Raises $1.8B, Europe's Biggest Defense RoundMunich-based Helsing closed a $1.8 billion Series E at an $18 billion valuation, Europe's biggest-ever defense-tech round, with Goldman Sachs Alternatives, CPPIB and JPMorgan joining as new investors amid oversubscribed demand.→
- Jul 9, 2026Nandan Nilekani Steps Back as Fundamentum Launches $200M FundInfosys co-founder Nandan Nilekani is stepping back from his general partner role at Fundamentum as the India-focused VC firm he co-founded launches a roughly $200 million third fund.→
Lightspeed Venture Partners FAQ
What is Lightspeed Venture Partners' latest fund?
Lightspeed Venture Partners Opportunity Fund III, closed at $3.3B (As of Dec 15, 2025; Lightspeed).
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 IV ($500M, 2022); Lightspeed Venture Partners Fund XIV ($1.98B, 2022); Lightspeed Venture Partners Opportunity Fund II ($2.36B, 2022), out of 7 Lightspeed Venture Partners funds tracked in total.
What companies has Lightspeed Venture Partners invested in?
Lightspeed Venture Partners' portfolio includes doubleAI, Anthropic, Ramp, Zenzap, Zetwerk, Arena, and 23 more tracked companies.
Who does Lightspeed Venture Partners co-invest with most?
In the rounds Value Add tracks, Lightspeed Venture Partners most often invests alongside Sequoia Capital (9 shared deals), Andreessen Horowitz (8 shared deals), Nvidia (8 shared deals), SV Angel (7 shared deals), General Catalyst (6 shared deals).
Sources & methodologyshow
Where these figures come from
- Castelionprimary source1 fact
- PR Newswireprimary source1 fact
- PR Newswireprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- Temporalprimary source1 fact
- Bloombergmajor outlet1 fact
- CNBCmajor 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.