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Lightbank
Chicago, Illinois, United StatesWebsite ↗
Lightbank is a Chicago-based venture capital firm, founded in 2010 by Groupon co-founders Eric Lefkofsky and Brad Keywell, that invests in early-stage technology companies. The firm employs a hybrid model, both investing in startups and incubating ideas in-house, and provides operational guidance alongside financial backing.
Last raised
May 2026
2 mo ago
Latest fund size
$290M
LB III
AUM
$360M
estimated
Funds raised
Capital this firm has raised, newest first
LB III
May 2026
$290M
Lightbank II, L.P.
Feb 2021
$180M
Recent investments
Companies this firm has funded, newest first
| Company | Round | Amount | Date | Source |
|---|---|---|---|---|
| Letter AI | Series B | $40M | Feb 2026 | |
| Bearing | Seed | $45M | Feb 2026 | |
| Kargo | Series B | $42M | Dec 2025 | |
| Clearcover | Growth | — | Oct 2025 | |
| Sherlock.ai | — | — | Oct 2025 | |
| Kilsar | Seed | $3.7M | Jul 2025 | |
| Ohana Subleasing Co. | Seed | $3M | Jun 2024 | |
| Aviato | — | — | Feb 2024 |
Sources
Where this data came from