# Lucas Venture Group: portfolio, investments and team

> Lucas Venture Group is a vc firm based in United States. 14 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

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

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

# Lucas Venture Group

Filed with the SEC to raise a fund in Feb 2026, closing $5M. Last cheque observed Oct 2019.

Quiet New fund $4.8M, Feb 2026 VC firm

Pre-seed Seed Series A Webtools Data Clothes

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 14 on record

Since the last cheque **2561** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **0 of 14** Exits **2 from the portfolio** Mostly in **United States, 100%**

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## Lucas Venture Group highlights

- 01 14 rounds on record
- 02 Mostly Series C and Series A: 54% of its rounds
- 03 2 exits from the portfolio

## What they do

> Filed 2 private fund offerings with the SEC, the most recent in 2024-05 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Webtools Data Clothes
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **14 appearances**

- **2019** 2 rounds
- **Oct** **[Truebill](https://millionrounds.com/company/truebill)** Series B · US · FinSMEs **$15M** With 4 others
- **Apr** **[Mighty Networks](https://millionrounds.com/company/mighty-networks)** Series A · US · Prnewswire **$11M** With 6 others
- **2017** 1 round
- **Nov** **[Bossa Nove](https://millionrounds.com/company/bossa-nove)** Series B · US · FinSMEs **$18M** With 3 others
- **2015** 1 round
- **Jun** **[Signifyd](https://millionrounds.com/company/signifyd)** Series A · US **$7.0M** With 6 others
- **2014** 3 rounds
- **Dec** **[Boxbee, Inc.](https://millionrounds.com/company/boxbee-inc)** Series A · US **$5.0M** With 9 others
- **Oct** **[LiquidSpace](https://millionrounds.com/company/liquidspace)** Series C · US **$14M** With 7 others
- **Jun** **[Touch of Modern](https://millionrounds.com/company/touch-of-modern)** Series B · US **$14M** With 4 others
- **2013** 2 rounds
- **Apr** **[Reverb Technologies](https://millionrounds.com/company/reverb-technologies)** Series C · US **Undisclosed** With 1 other
- **Mar** **[Reputation.com](https://millionrounds.com/company/reputation-com)** US **Undisclosed** With 1 other
- **2012** 1 round
- **Mar** **[Chegg](https://millionrounds.com/company/chegg)** Series F · US · venturebeat.com **$25M** With 4 others
- **2011** 2 rounds
- **Jul** **[Reverb Technologies](https://millionrounds.com/company/reverb-technologies)** Series C · US · sec.gov **$1.6M** With 5 others
- **Jul** **[Chegg](https://millionrounds.com/company/chegg)** Venture · US · finsmes.com **$6.0M** With 2 others
- **2010** 1 round
- **Sept** **[Reverb Technologies](https://millionrounds.com/company/reverb-technologies)** Series C · US · sec.gov **$6.5M** With 1 other
- **2008** 1 round
- **Jan** **[Capella Photonics](https://millionrounds.com/company/capella-photonics)** Venture · US **$15M** With 3 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 **3 named**

DA **Donald A. Lucas** Managing member of the Manager i Filing they signed

JB **Jack Bixby Lucas** Managing Member of LVG GP VIII, LLC, the Managing Member i Filing they signed

SH **Sarah H.B.S. Lucas** Managing Member of LVG GP VIII, LLC, the Managing Member i Filing they signed

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

**$18M** gross assets of its funds Oct 2026

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

- **Legal name:** Lucas Venture Management LLC
- **SEC number:** CRD 341813

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Reverb Technologies](https://millionrounds.com/company/reverb-technologies)** Bought by Inform **Undisclosed** May 2015

**[Chegg](https://millionrounds.com/company/chegg)** Listed **$188M** Nov 2013

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

New fund on file

**$4.8M**

raised in Feb 2026

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 **$15M** the round, not its cheque

Led 0 of 14 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2019
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series C *4*
- Series A said *3*
- Series B said *3*
- Venture *2*
- Series F *1*
- Pre-seed said *-*
- Seed said *-*

Cheques by year Led Joined

2008 2019

Often in the room with

- [Manatt Venture Fund](https://millionrounds.com/fund/manatt-venture-fund) 6
- [Floodgate](https://millionrounds.com/fund/floodgate) 4
- [Cota Capital](https://millionrounds.com/fund/cota-capital) 2
- [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) 2

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## Who they invest alongside

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

[**Manatt Venture Fund** Corporate VC **6** rounds together](https://millionrounds.com/fund/manatt-venture-fund)[**Floodgate** VC firm **4** rounds together](https://millionrounds.com/fund/floodgate)[**Cota Capital** VC firm **2** rounds together](https://millionrounds.com/fund/cota-capital)[**Great Oaks Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/great-oaks-venture-capital)

## Recently backed

The latest companies Lucas Venture Group put money into.

[**Truebill** $15M · Oct 2019](https://millionrounds.com/company/truebill)[**Mighty Networks** $11M · Apr 2019](https://millionrounds.com/company/mighty-networks)

## Quick answers about Lucas Venture Group

### What does Lucas Venture Group invest in?

Lucas Venture Group invests most often at Series C and Series A (54% of the rounds on record), in sectors such as Webtools, Data and Clothes.

### How active is Lucas Venture Group?

14 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2019.

### What has Lucas Venture Group invested in recently?

Its most recent investments on record: Truebill (Series B, Oct 2019), Mighty Networks (Series A, Apr 2019) and Bossa Nove (Series B, Nov 2017).

### How big are Lucas Venture Group's cheques?

The median round it joins is $15M.

### Does Lucas Venture Group lead rounds?

Rarely, if at all: none of its 14 investments on record names it as the lead.

### Where does Lucas Venture Group invest?

Most of the companies it backs are in the United States (100%).

### Is Lucas Venture Group investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### Who does Lucas Venture Group invest alongside?

Most often Manatt Venture Fund (6 rounds together), Floodgate (4 rounds together) and Cota Capital (2 rounds together).

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