Investor profile
Lightspeed Venture Partners
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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.”
“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.”
“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.”
Team
Aaron Frank
Partner
Barry Eggers
Co-Founder
Bejul Somaia
Partner
Gaurav Gupta
Partner
Peter Nieh
Co-Founder
Ravi Mhatre
Partner & Co-Founder
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Ramp | Series F | $300m | 2025-11 |
| ElevenLabs | Series D | — | 2025 |
| Anthropic | Series F | $2.0b | 2025-01 |
| Mistral AI | Series C | $1.9b | 2025-09 |
| Wiz | Series D | $1.0b | 2023 |
| Snap | Series A | — | 2012 |
| Stripe | Series B | — | 2012 |
| Rubrik | Series A | — | 2014 |
| Affirm | Series A | — | 2013 |
| Grafana Labs | Series D | $270m | 2024-08 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Sequoia Capital | 82 |
| General Catalyst | 71 |
| Accel | 66 |
| New Enterprise Associates | 57 |
| Andreessen Horowitz | 56 |
| Kleiner Perkins | 47 |
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