Lightspeed Venture Partners

Investment focus

Lightspeed Venture Partners's portfolio on More Capital spans artificial intelligence, cybersecurity, enterprise software, fintech. Of the 48 portfolio companies tracked here, 41 have publicly reported valuations totaling approximately $700B.

If your company is backed by Lightspeed Venture Partners

Employees at companies backed by Lightspeed Venture Partners may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.

What this means for your stock

Institutional investors like Lightspeed Venture Partners typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.

Secondary market considerations

Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.

Lightspeed Venture Partners portfolio companies

48 companies tracked on More Capital, sorted by reported valuation. 7 companies do not have a publicly reported valuation.

Top holdings by valuation

By sector

Latest Lightspeed Venture Partners news

Physical Intelligence in talks to raise $1 billion at $11 billion valuation

This round of funding for the startup, founded in 2024 by AI researchers, including former Google DeepMind scientists, and focussed on developing advanced AI models for robots, comes just four months after the last fundraise. Existing investors Thrive Capital and Lux Capital may participate in the round. Per reports, while Founders Fund is expected to join the round, Lightspeed Venture Partners is in discussions to invest.

The Economic TimesMar 28, 2026

AI notetaker Granola hits $1.5 billion value in $125 million funding

Granola, an AI notetaking startup, is raising $125 million at a $1.5 billion valuation, led by Index Ventures, with support from Kleiner Perkins, Lightspeed Venture Partners and Spark Capital. Alongside the funding, the startup is launching new features for its app, including integrations with AI coding tools like Anthropic PBC’s Claude Code, as well as team workspaces where employees can pool their notes.

The Economic TimesMar 25, 2026

Centrum Group sells housing finance arm to Weaver Services

Centrum Group has sold its housing finance subsidiary, Centrum Housing Finance. Weaver Services, backed by Premji Invest, acquired a 75% stake. This deal was completed after receiving regulatory approval. Weaver Services also raised Rs 950 crore to fund this acquisition. The capital raise totaled Rs 1,450 crore. Lightspeed Venture Partners co-led the recent funding round.

The Economic TimesMar 18, 2026

Industries invested in

• Blockchain & Web3
• Artificial Intelligence
• E-Commerce & Retail
• Gaming & Entertainment
• Healthcare & Biotech
• HR & Workforce
• Fintech
• Cybersecurity

Frequent co-investors

Funds that most frequently co-invest alongside Lightspeed Venture Partners in the same companies.