VC

Lightspeed Venture Partners logo

Lightspeed Venture Partners

big data, virtual infrastructure, cloud computing, venture capital, fintech

Menlo Park, United StatesEst. 2000430lsvp.com
Share
Location
Menlo Park, United States
Founded
2000
Team size
430
Focus
Consumer
Revenue
$63.1M
Raised
$21.2B
People
1 listed

What Founders Think of Lightspeed Venture Partners

Be the first to review Lightspeed Venture Partners

Know them? Share your experience - it takes 2 minutes and helps every founder who comes after you.

Write a Review

About Lightspeed Venture Partners

Lightspeed Venture Partners is a globally recognised venture capital firm headquartered in Menlo Park, California, with a rich history spanning over two decades. Established in 2000 by four enterprise founders, Barry Eggers, Christopher Schaepe, Ravi Mhatre, and Peter Nieh, the firm has grown from its Silicon Valley roots to become a multi-stage investor with a substantial international footprint [1, 12, 41, 43]. Lightspeed is dedicated to partnering with bold founders who are building category-defining companies across various stages, from seed to Series F and beyond [3, 6, 30]. They provide not only capital but also strategic guidance and hands-on support, aiming to accelerate disruptive innovations and trends across numerous sectors [4, 27, 28].

The firm's investment philosophy is deeply rooted in what they describe as "depth as their centre of gravity." This approach emphasises profound commitment, authentic relationships, and unwavering conviction through all market cycles [3, 21]. Rather than being mere spectators, Lightspeed seeks to achieve complete immersion, collaborating closely with entrepreneurs to create enduring businesses [21]. This distinctive methodology is supported by a team of over 50 investor partners who make collaborative decisions, leveraging diverse perspectives and domain expertise for rigorous diligence and swift capital deployment [3, 32]. Their global presence, with offices in the U.S., Europe, Israel, India, and Southeast Asia, underscores their commitment to identifying and nurturing innovative companies worldwide [1, 5, 8, 14].

Lightspeed has built an impressive portfolio of over 500 companies globally, many of which have achieved significant market leadership and successful exits [8, 27]. Key achievements include early investments in transformative companies such as Snapchat, Affirm, The Honest Company, Nutanix, MuleSoft, AppDynamics, Rubrik, and Guardant Health [1, 4, 10, 12, 17, 21, 28, 30]. More recently, the firm has been a significant backer of AI-native startups like Anthropic and Glean, demonstrating its continued focus on emerging and high-growth technology frontiers [3, 17, 21]. With assets under management exceeding $40 billion USD, Lightspeed continues to be an active and influential force in the global venture capital landscape, recently closing over $9 billion in new funds to further its investment strategy, particularly in artificial intelligence [17, 25].

Leadership at Lightspeed comprises its founding partners and a strong team of experienced investors. Co-founders Barry Eggers, Christopher Schaepe, Ravi Mhatre, and Peter Nieh laid the groundwork for the firm's success [1, 12, 41, 43]. Ravi Mhatre, a co-founder and managing director, has been instrumental in cloud infrastructure and enterprise software investments, while Barry Eggers focuses on IT infrastructure and has a keen sense for early market trends [4, 9, 11, 41]. Bejul Somaia, a senior leader, has been pivotal in expanding Lightspeed's presence across India, Southeast Asia, and Europe, reflecting the firm's global vision [14, 29]. Jeremy Liew, a venture partner, is notably recognised for making Snapchat's first-ever venture capital investment [2, 6, 21, 26]. The collective expertise and collaborative spirit of its leadership team drive Lightspeed's sustained impact in the venture capital ecosystem.

Lightspeed Venture Partners at a glance

๐Ÿ“…
Stage
Seed, Early Stage (Series A/B), Growth Stage (Series C-F and beyond). [1, 3, 4]
๐ŸŽฏ
Focus
$1.39 - $417
โšก
Decision process
Lightspeed employs a collaborative decision-making process involving over 50 investor partners. Their approach is characterised by depth-driven diligence, leveraging diverse perspectives and complementary skill sets. Decisions are conviction-based, with a focus on fast deployment capabilities. The firmโ€™s core philosophy emphasises deep commitment, authentic relationships, and unwavering belief, fostering complete immersion with founders rather than distant funding. [3, 21]
๐Ÿฆ
Fund structure
Multi-stage venture funds, including flagship Lightspeed Venture Partners funds, Lightspeed Select, Lightspeed Opportunity Fund, and geographically focused funds like Lightspeed India Partners. Also includes specialised funds such as Lightspeed Faction for blockchain investments. [1, 3, 25, 26]
๐Ÿ”ฌ
Sector focus
Enterprise, Consumer, Fintech, Healthcare, AI/ML, Enterprise Software & Infrastructure, Cybersecurity, Gaming, Blockchain, Biotech, Cleantech, Mobility. [1, 3, 4, 5, 8, 11, 15]
๐Ÿ’ฐ
AUM
$40+ billion USD
๐Ÿงญ

Investment thesis

Lightspeed Venture Partners is a multi-stage global venture capital firm dedicated to partnering with bold founders to build category-defining companies from Seed to Series F and beyond. Their core philosophy, 'depth is our centre of gravity,' guides their approach, fostering authentic relationships, unwavering conviction, and hands-on strategic guidance through market cycles, focusing on accelerating disruptive innovations and trends across various sectors. [3, 6, 8, 21, 23]

๐Ÿ‘ฅ

Key partners

R
Ravi Mhatre
Co-Founder & Managing Director

Focuses on Cloud Infrastructure, Consumer Internet, Enterprise, Social Networks, Health & Hospital Services, and AI applications, typically leading Series A and B rounds. [4, 11]

B
Barry Eggers
Founding Partner

Specialises in information technology infrastructure, with a focus on big data, cloud, IoT, networking, storage, and analytic platforms. Leads with emotional intelligence, providing leverage to entrepreneurs. [9, 41]

P
Peter Nieh
Co-Founder & Partner

Focuses on SaaS and infrastructure, identifying visionary founders with disruptive ideas, and working closely to determine fundamental aspects for high growth. [22]

B
Bejul Somaia
Senior Leader / Partner (Global)

Spearheaded Lightspeed's global expansion into India, Southeast Asia, and Europe. Passionate about supporting exceptional founders from early stages, embracing ambiguity, and encouraging bold, visionary work. [1, 14, 29]

J
Jeremy Liew
Venture Partner

Joined Lightspeed as its first consumer specialist, focusing on mobile, online consumer technology, video, social media, e-commerce, and financial services. Not actively leading new investments since 2021, but advises current portfolio. [2, 6, 19, 21, 26]

๐Ÿข

Portfolio companies

๐Ÿค–
Anthropic
An AI safety and research company focused on building reliable and safe AI systems. [3, 13, 21, 22, 30]
๐Ÿ”’
Wiz
A cloud security company reinventing cloud security. [3, 21, 30]
๐Ÿค–
Faire
An online wholesale marketplace aiming to revolutionise how retailers operate. [3, 8, 10, 12, 13, 15, 21, 30]
๐Ÿค–
ThoughtSpot
An analytics company providing search and AI-driven analytics. [3, 10, 12, 15, 17, 30]
๐Ÿš€
Ultima Genomics
A company focused on continuously driving the mission of genomics. [3, 8, 12, 21, 30]
๐Ÿ”’
Cato Networks
Pioneered the convergence of networking and security into a cloud-native service (SASE). [3, 8, 10, 12, 15, 30]
๐Ÿš€
The Honest Company
Offers eco-friendly household products and personal care items. [3, 6, 10, 19, 21, 30]
๐Ÿ’ณ
Ramp
A fintech company providing an intelligence layer for finance. [3, 13]
๐Ÿค–
ElevenLabs
A voice AI company. [3]
๐Ÿ“ฃ
Snap Inc. / Snapchat
A popular social media application for sharing ephemeral photos and videos. [1, 4, 6, 10, 12, 19, 21, 23, 27, 28, 30, 33, 36]
๐Ÿ’ป
Nutanix
A leader in enterprise cloud computing, offering hyperconverged infrastructure. [1, 4, 10, 12, 17, 27, 28, 30]
๐Ÿ’ป
MuleSoft
Provides an integration platform for connecting applications, data, and devices. [1, 4, 10, 12, 17, 28, 30]

+5 more

People at Lightspeed Venture Partners (1)

Planning a raise?

Add Lightspeed Venture Partners to your fundraise pipeline

Add to pipeline

Preparing to fundraise? I work with a handful of founders on exactly this - deck, narrative, warm intros.

Work with me โ†’

Before you pitch to Lightspeed Venture Partners, get AI feedback on your deck.

Try PitchMaster โ†’

Work at Lightspeed Venture Partners? Claim this page.

Free

Take control of your company's page. Update your description, respond to reviews, and offer exclusive perks to founders.

Manage your listingRespond to reviewsOffer founder perks

Claim Lightspeed Venture Partners's page

Founders are reviewing you. Own the conversation.

  • Respond to reviews and build trust with founders
  • Update your logo, description, and links
  • Offer exclusive perks to attract more founders
  • 100% free - takes 2 minutes

A company email matching the domain will auto-approve your claim

Update page details (optional)

Signal Boost
$499 one-time

Batko personally writes a LinkedIn post about Lightspeed Venture Partners and publishes it to his 35,000+ connections - mostly founders, operators, and investors across Australia.

You also get a custom-designed Signal page that lives permanently on batko.ai - your own page that any founder can find, review, and share.

Co-designed LinkedIn post by Batko
Custom-built Signal page
35,000+ founder reach
Pay once, results forever

After checkout, Batko reaches out within 24 hours to co-design the post and page with you.

Your information is only shared with the Batko team for verification

Related reading

Other VC on Founder Signal

Get notified when new Lightspeed Venture Partners reviews come in

Related on batko.ai