Lightbank

American venture capital investments firm From Wikipedia, the free encyclopedia

Lightbank is a Chicago-based venture capital firm founded in 2010 by Eric Lefkofsky and Brad Keywell.[1][2][3]

Company typeFinancial organization/venture fund
Founded2010; 16 years ago (2010)
Quick facts Company type, Industry ...
Lightbank
Company typeFinancial organization/venture fund
IndustryFinance
venture funding
Founded2010; 16 years ago (2010)
FoundersEric Lefkofsky
Brad Keywell
Headquarters,
Key people
  • Eric Lefkofsky
  • Brad Keywell
  • Paul Lee
Websitelightbank.com
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History

The company was founded in 2010[2] by Groupon co-founders Brad Keywell and Eric Lefkofsky.[4] Lefkofsky was a special advisor of Lightbank in 2014 and 2015, then became managing partner in November 2015.[5] Other partners include Eric Ong, Matt Sacks, and Bill Pescatello.

In 2011, Lightbank had raised over $700 million and had a $290 million Fund III. Its investments included Groupon, Tempus AI, Fiverr and Udemy.[6] By 2013, other investments included Sprout Social and Belly.[7] It invested in Boom Technology in 2017,[8] SpotHero in 2014,[9] and BenchPrep and Qwiki by 2021 among others.[10]

References

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