# Lightbank: portfolio, investments and team

> Lightbank is a vc firm based in United States. 206 investments on record, 17 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/lightbank (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Lightbank

Last cheque observed Oct 2026; 206 cheques on record.

Email

Deploying now New fund $182M, Apr 2021 VC firm

Pre-seed Seed Series A Business Intelligence Mobile Publishing

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Deploying now

**74%** of best year **17** **cheques in 12 months**, 206 on record

Since the last cheque **2** days **00** hrs **00** min **00** sec

Median round **$5.5M** Cheque size, as they say **$100K – $5.0M** Rounds led **3 of 206** Sole investor **46 rounds** Exits **12 from the portfolio** Mostly in **United States, 95%**

Pitch Lightbank

## Lightbank highlights

- 01 17 cheques in the last 12 months
- 02 Mostly Seed and Venture: 63% of its rounds
- 03 Sole investor in 46 rounds, median $1.0M
- 04 12 exits from the portfolio

## What they do

> Lightbank is an investment firm. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Business Intelligence Mobile Publishing
- **Based in:** Chicago, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **206 appearances**

- **2026** 16 rounds
- **Oct** **[Wrapped Health](https://millionrounds.com/company/wrapped-health)** Pre-seed · US · Google News search **$2.1M** *Led*
- **Oct** **[Chariot Claims](https://millionrounds.com/company/chariot-claims)** Series A · US · Crunchbase News **$10M** With 9 others
- **Sept** **[Inspiren](https://millionrounds.com/company/inspiren)** Series C · US · Ventureburn **$70M** With 8 others
- **Sept** **[Chariot Claims](https://millionrounds.com/company/chariot-claims)** US · AlleyWatch **$9.5M** With 3 others
- **Sept** **[Rebuild Technology](https://millionrounds.com/company/rebuild-technology)** Seed · US **$13M** With 3 others
- **Sept** **[One Footprint](https://millionrounds.com/company/one-footprint)** Series B · US **$25M** With 4 others
- **Sept** **[Kairon Health](https://millionrounds.com/company/kairon-health)** Seed · US **$5.0M** With 2 others
- **Sept** **[Noise](https://millionrounds.com/company/noise)** Seed · US · Cultivation Capital **$7.2M** With 3 others
- **Aug** **[Super.com](https://millionrounds.com/company/super-com)** Series D · US · Ventureburn **$65M** With 4 others
- **Aug** **[Ours Privacy](https://millionrounds.com/company/ours-privacy)** Series A · US **$15M** With 2 others
- **Jul** **[Valarian](https://millionrounds.com/company/valarian)** Series A · GB · Ventureburn **$50M** With 10 others
- **Mar** **[Gameflip](https://millionrounds.com/company/gameflip)** Crowdfunding · US **$182K** With 4 others
- **Feb** **[Letter AI](https://millionrounds.com/company/letter-ai)** Series B · US · Ventureburn **$40M** With 5 others
- **Feb** **[Bearing](https://millionrounds.com/company/bearing)** Seed · US **$4.5M** With 1 other
- **Jan** **[Campus Ink - NIL Store](https://millionrounds.com/company/campus-ink-nil-store)** Seed · US **$3.0M** With 3 others
- **Jan** **[Presto](https://millionrounds.com/company/presto)** Venture · US **$10M** With 3 others
- **2025** 22 rounds
- **Dec** **[Kargo](https://millionrounds.com/company/kargo)** Series B · US **$42M** With 3 others
- **Oct** **[Andel](https://millionrounds.com/company/andel)** Seed · US · AlleyWatch **$4.5M** With 5 others
- **Oct** **[Clearcover](https://millionrounds.com/company/clearcover)** Venture · US **$25M** With 5 others
- **Sept** **[TandemStride](https://millionrounds.com/company/tandemstride)** Seed · US **$5.5M** With 3 others
- **Sept** **[Hello Divorce](https://millionrounds.com/company/hello-divorce)** Venture · US **Undisclosed** With 3 others
- **Aug** **[Fooda](https://millionrounds.com/company/fooda)** Venture · US **$1.3M** With 3 others
- **Aug** **[Pearl Edison](https://millionrounds.com/company/pearl-edison)** Seed · US **$3.3M** Sole investor
- **Jul** **[Blueprint](https://millionrounds.com/company/blueprint)** Venture · US **$15M** With 2 others
- **Jul** **[Allegro Energy](https://millionrounds.com/company/allegro-energy)** Grant · AU **$1.2M** With 1 other
- **Jul** **[Kilsar](https://millionrounds.com/company/kilsar)** Seed · US **$3.7M** With 1 other
- **Jun** **[Paytient](https://millionrounds.com/company/paytient)** Series C · US **$40M** With 7 others
- **May** **[Pathos AI](https://millionrounds.com/company/pathos-ai)** Series D · US · Crunchbase News **$365M** With 5 others
- **May** **[Pinch](https://millionrounds.com/company/pinch)** Venture · US **Undisclosed** With 2 others
- **May** **[Axle Health](https://millionrounds.com/company/axle-health)** Series A · US **$10M** With 4 others
- **Apr** **[Chariot Claims](https://millionrounds.com/company/chariot-claims)** Seed · US **$3.6M** With 2 others
- **Apr** **[BenchPrep](https://millionrounds.com/company/benchprep)** Venture · US **$2.5M** With 3 others
- **Apr** **[Protiv](https://millionrounds.com/company/protiv)** Venture · US **$1.3M** Sole investor
- **Mar** **[Wendy](https://millionrounds.com/company/wendy)** Pre-seed · US **$2.3M** Sole investor
- **Feb** **[86 Repairs](https://millionrounds.com/company/86-repairs)** Venture · US **$2.0M** With 3 others
- **Feb** **[Justpoint](https://millionrounds.com/company/justpoint)** Series A · US **$45M** With 4 others
- **Jan** **[1up](https://millionrounds.com/company/1up)** Seed · US · Lightbank VC **$5.3M** With 4 others
- **Jan** **[Leap](https://millionrounds.com/company/leap)** Venture · US **$20M** With 3 others
- **2024** 12 rounds
- **Dec** **[Retrievables](https://millionrounds.com/company/retrievables)** US **$125K** With 3 others
- **Oct** **[Claim](https://millionrounds.com/company/claim)** Series A · US · Lightbank VC **$12M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

EP **Eric P. Lefkofsky** Manager of Lightbank, LLC and Black Media, LLC i Filing they signed

MS **Matthew Scott Sacks** Co-Managing Partner i Form ADV

We also hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$839M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Lightbank Asset Management, LLC
- **SEC number:** CRD 319430

## Exits from the portfolio

Companies it backed that were later bought or listed **12 in all**

**[TakeLessons](https://millionrounds.com/company/takelessons)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Sept 2021

**[OnSwipe](https://millionrounds.com/company/onswipe)** Bought by Beanstock Media **Undisclosed** Aug 2014

**[TalentBin](https://millionrounds.com/company/talentbin)** Bought by [Monster](https://millionrounds.com/fund/monster) **Undisclosed** Feb 2014

**[Yellowsmith](https://millionrounds.com/company/yellowsmith)** Bought by ETS **Undisclosed** Jan 2014

**[Bonfaire](https://millionrounds.com/company/bonfaire)** Bought by Moda Operandi **Undisclosed** Dec 2013

**[Locu](https://millionrounds.com/company/locu)** Bought by [GoDaddy](https://millionrounds.com/fund/godaddy) **$70M** Aug 2013

**[12Society](https://millionrounds.com/company/12society)** Bought by Quarterly **Undisclosed** Jul 2013

**[Qwiki](https://millionrounds.com/company/qwiki)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **$50M** Jul 2013

**[60mo](https://millionrounds.com/company/60mo)** Bought by FreeAgent **Undisclosed** May 2012

**[Hipster](https://millionrounds.com/company/hipster)** Bought by [AOL](https://millionrounds.com/fund/aol) **Undisclosed** Mar 2012

**[Clever Sense](https://millionrounds.com/company/clever-sense)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Dec 2011

**[Where I've Been](https://millionrounds.com/company/where-i-ve-been)** Bought by [TripAdvisor](https://millionrounds.com/fund/tripadvisor) **Undisclosed** Jul 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$182M**

raised in Apr 2021

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$5.5M** the round, not its cheque Alone, median **$1.0M**

Led 3 of 206 rounds **1%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 46 rounds
- **Last cheque:** Oct 2026
- **Exits:** 12 from the portfolio

Rounds by stage said on their site

- Seed said *70*
- Venture *47*
- Series A said *45*
- Series B said *17*
- Series C *6*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 16
- [SV Angel](https://millionrounds.com/fund/sv-angel) 13
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 11
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 11
- [500 Global](https://millionrounds.com/fund/500-startups) 10
- [Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) 7

**Pitching Lightbank?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Lightbank. A count of rooms they were both in, not a relationship either has claimed.

[**New Enterprise Associates** VC firm **16** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**SV Angel** VC firm **13** rounds together](https://millionrounds.com/fund/sv-angel)[**Alumni Ventures** VC firm **11** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Y Combinator** Accelerator **11** rounds together](https://millionrounds.com/fund/y-combinator)[**500 Global** Angel **10** rounds together](https://millionrounds.com/fund/500-startups)[**Bullpen Capital** VC firm **7** rounds together](https://millionrounds.com/fund/bullpen-capital)[**FJ Labs** VC firm **7** rounds together](https://millionrounds.com/fund/fj-labs)[**Gaingels** Private equity **6** rounds together](https://millionrounds.com/fund/gaingels)[**ff Venture Capital** VC firm **6** rounds together](https://millionrounds.com/fund/ff-venture-capital)[**BoxGroup** VC firm **5** rounds together](https://millionrounds.com/fund/boxgroup)[**CRV** VC firm **5** rounds together](https://millionrounds.com/fund/crv)[**David Cohen** Angel **5** rounds together](https://millionrounds.com/fund/david-cohen)

## Recently backed

The latest companies Lightbank put money into.

[**Chariot Claims** $10M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Inspiren** $70M · Sept 2026](https://millionrounds.com/company/inspiren)[**Kairon Health** $5.0M · Sept 2026](https://millionrounds.com/company/kairon-health)[**Noise** $7.2M · Sept 2026](https://millionrounds.com/company/noise)[**Super.com** $65M · Aug 2026](https://millionrounds.com/company/super-com)[**Ours Privacy** $15M · Aug 2026](https://millionrounds.com/company/ours-privacy)

## Mentioned on podcasts

Episodes that name Lightbank in their description, not their title.

- [Superclusters](https://millionrounds.com/podcasts/superclusters) 9 Sept 2024 · 1h 45m How to Build an Emerging Manager Community | Rick Zullo | Superclusters | S3PSE1 With [Rick Zullo](https://millionrounds.com/person/rick-zullo) Mentions [Bowery Capital](https://millionrounds.com/fund/bowery-capital)[Columbia Business School](https://millionrounds.com/fund/columbia-business-school)[Lightbank](https://millionrounds.com/fund/lightbank) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 23 Aug 2023 · 54 min 20VC: NEW FORMAT: Mega Funds Will Come Back, Why Markups Have Corrupted VC, Why RIFs Should Always Be An Embarrassment To SaaS Founders and Why Pitching is BS and Fake with Jason Lemkin and Rick Zullo With [Jason Lemkin](https://millionrounds.com/person/jason-lemkin-2)[Rick Zullo](https://millionrounds.com/person/rick-zullo) Mentions [Bowery Capital](https://millionrounds.com/fund/bowery-capital)[Lightbank](https://millionrounds.com/fund/lightbank) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 22 Nov 2017 · 46 min 148. New Founders, New Stages, New Offerings-- The Only Constant in Venture is Change (Vic Pascucci) Mentions [Lightbank](https://millionrounds.com/fund/lightbank)[Semil Shah](https://millionrounds.com/person/semil-shah) Apple PodcastsShow page

## Quick answers about Lightbank

### What does Lightbank invest in?

Lightbank invests most often at Seed and Venture (63% of the rounds on record), in sectors such as Business Intelligence, Mobile and Publishing.

### How active is Lightbank?

206 investments on record, 17 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

### What has Lightbank invested in recently?

Its most recent investments on record: Wrapped Health (Pre-seed, Oct 2026), Chariot Claims (Series A, Oct 2026) and Inspiren (Series C, Sept 2026).

### How big are Lightbank's cheques?

The median round it joins is $5.5M. It says it writes cheques of $100K to $5.0M.

### Does Lightbank lead rounds?

Sometimes: it led 3 of its 206 investments on record (1%).

### Where does Lightbank invest?

Most of the companies it backs are in the United States (95%).

### Is Lightbank investing now?

Yes: it is actively investing, with 17 investments in the last 12 months.

### Who does Lightbank invest alongside?

Most often New Enterprise Associates (16 rounds together), SV Angel (13 rounds together) and Alumni Ventures (11 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=lightbank) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=lightbank)