Description
Lightspeed Venture Partners is a global venture capital firm focusing on seed stage, early stage investments and growth stage investments in the enterprise, fintech, consumer and healthcare sectors. Lightspeed has eleven offices globally and as of 2023 had approximately US$25 billion in assets under management.
History
Lightspeed was founded in 2000 by four enterprise founders who previously worked at Weiss, Peck & Greer and went to Stanford University together.
The firms early focus on enterprise technology was in stark contrast to the vast majority of venture capital funding which was focused on ecommerce and consumer investing.
Lightspeeds early commitment to building its international presence began with its first international office in Tel-Aviv in 2006 following Yoni Cheifetz joining the firm. This effort soon extended to India when Bejul Somaia joined the firm in 2008 to begin the firms India practice and then in Singapore in 2022. For the next decade, Lightspeed Venture Partners largely remained an enterprise software and infrastructure specialists.
