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Lightspeed Venture Partners

USILINGBDEFRSGCNCAOtherAI/MLB2B SaaSEnterpriseFintechCybersecurityHealthtechConsumerDeep TechDevtoolsMarketplaces

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Investment thesis

Lightspeed Venture Partners is a multi-stage global venture capital firm that has been the first investor and early backer of some of the world's most innovative companies for over twenty years. The firm invests with high conviction from Seed to Series F and beyond, serving bold founders with big ideas across enterprise, consumer, fintech, healthtech, and deep tech. Lightspeed's philosophy centers on depth — depth of commitment (rolling up sleeves to earn a seat at the table), depth of relationships (authenticity, transparency, and trust), and depth of belief (navigating peaks and valleys together). As the firm states: 'Complete immersion is the heart of our philosophy on investing… Creating together instead of funding from afar. Forging enduring companies with the power of one global team.' With over $25 billion in AUM and offices across the US, Europe, Israel, India, and Southeast Asia, Lightspeed pursues opportunities based on their merits regardless of where the founder resides, backing category-defining companies at the frontier of AI, software, and beyond.

Notable quotes

At Lightspeed, our core belief is that the biggest value from AI's development will be unlocked at the frontier. Intelligence is the product and we are at the beginning stages of the journey. As a result, the most valuable applications are still being built — and the foundation models that underpin them are the essential and valuable substrate for that next wave.

Lightspeed Investment Team · Lightspeed Venture Partners website — Anthropic Series E announcement · 2024

The real error in venture is missing generational companies because of price. Billion-dollar seed rounds can make sense when you're backing teams going after markets that can compound to the trillion-dollar scale.

Barry Eggers · Metis Strategy Podcast — Barry Eggers interview · 2024

When we get involved early, we think a lot about business and company design. That's where, as a venture firm, we can bring in institutional knowledge and our network and people on the business side who have experience and know what the patterns of success look like, rather than having founders reinvent the wheel.

Barry Eggers · Lightspeed Venture Partners — 'Reflections from Four Decades in Venture' · 2020

Team

Aaron Frank

Partner

Fintech

Barry Eggers

Co-Founder

EnterpriseDeep TechAI/ML

Bejul Somaia

Partner

AI/MLEnterprise

Gaurav Gupta

Partner

AI/MLB2B SaaSEnterprise

Peter Nieh

Co-Founder

AI/MLEnterpriseConsumer

Ravi Mhatre

Partner & Co-Founder

AI/MLEnterpriseB2B SaaS

Recent investments

CompanyRoundSizeDate
RampSeries F$300m2025-11
ElevenLabsSeries D2025
AnthropicSeries F$2.0b2025-01
Mistral AISeries C$1.9b2025-09
WizSeries D$1.0b2023
SnapSeries A2012
StripeSeries B2012
RubrikSeries A2014
AffirmSeries A2013
Grafana LabsSeries D$270m2024-08

Frequent co-investors

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