# Eric Ries, Chair, Ltse Services

> Eric Ries, Chair, Ltse Services. 32 investments on record. The rounds they were named in and the filings that name them, each with its source.

Source: https://millionrounds.com/person/eric-ries (Millionrounds; every figure on the page links to its filing or article)

San Francisco, US · Angel

# Eric Ries

Chair, Ltse Services

Latest rounds

- **Harmony Intelligence** Seed · $3M Mar 2025
- **Meural** Series A · $5M Nov 2017
- **Gusto** Round · $90M Nov 2016

Backs *Internet* *Fintech* *IT Services* *Martech*

Profile summary

- **Rounds named:** 32 last Mar 2025
- **Filings:** 5 with regulators
- **Books:** 5 written

What this record rests on

- ✓ **Named in rounds** 32 rounds name them
- ✓ **On filings** 5 filings with a regulator
- ✓ **Own investor record** Their cheques, held under their name
- **Claimed** Not claimed yet

Titles come from filings their firm signed.

[Correct or remove](https://millionrounds.com/corrections?person=eric-ries)[Is this you? Claim it](https://millionrounds.com/claim?person=eric-ries)

## Their investor record

[**Eric Ries, investing** Every cheque we watched them write, on one record **0** cheques in 12 months **31** all time **0** led quiet](https://millionrounds.com/fund/eric-ries)

## Rounds they were named in

- **Rounds:** 31
- **Led:** 0
- **Disclosed:** $181.2M
- **Active:** 2010–25

2025

- [Harmony Intelligence](https://millionrounds.com/company/harmony-intelligence) *Seed* **$3M** *US* Mar 2025 Joined · +3 investors

2017

- [Meural](https://millionrounds.com/company/meural) *Series A* **$5M** *US* Nov 2017 Joined · +3 investors

2016

- [Gusto](https://millionrounds.com/company/gusto) *Round* **$90M** Nov 2016 Joined · +103 investors
- [Digit](https://millionrounds.com/company/digit) *Round* **$22.5M** Feb 2016 Joined · +21 investors

2015

- [ArtLifting](https://millionrounds.com/company/artlifting) *Seed* **$1.1M** *US* Oct 2015 Joined · +4 investors · historical
- [codeSpark](https://millionrounds.com/company/codespark) *Seed* **$1.4M** *US* Jul 2015 Joined · +4 investors · historical
- [LiveOnDemand](https://millionrounds.com/company/liveondemand) *Venture* *NL* Jun 2015 Joined · historical
- [Crayon](https://millionrounds.com/company/crayon) *Venture* **$1.5M** *US* Apr 2015 Joined · +11 investors · historical
- [Mixmax](https://millionrounds.com/company/mixmax) *Seed* **$1.5M** *US* Apr 2015 Joined · +8 investors · historical
- [Telepathic](https://millionrounds.com/company/telepathic) *Seed* **$650k** Apr 2015 Joined · +4 investors · historical
- [ToutApp](https://millionrounds.com/company/toutapp) *Series B* **$15M** *US* Mar 2015 Joined · +8 investors · historical

2014

- [Digit](https://millionrounds.com/company/digit) *Seed* **$2.5M** *US* Dec 2014 Joined · +14 investors · historical

By stage

- Seed **18**
- Series A **6**
- Venture **3**
- Round **2**
- Debt **1**

What they backed

Internet **3** Fintech **3** IT Services **2** Martech **1** Software **1** Edtech **1**

Alongside

- [Alexis Ohanian *3*](https://millionrounds.com/fund/alexis-ohanian)
- [500 Startups *2*](https://millionrounds.com/fund/500-startups)
- [Baseline Ventures *2*](https://millionrounds.com/fund/baseline-ventures)
- [Dharmesh Shah *2*](https://millionrounds.com/fund/hubspot-ventures)
- [Eoghan McCabe *2*](https://millionrounds.com/fund/eoghan-mccabe)
- [Freestyle Capital *2*](https://millionrounds.com/fund/freestyle)
- [GV *2*](https://millionrounds.com/fund/gv)
- [Garry Tan *2*](https://millionrounds.com/fund/garry-tan)

The latest 12 of 31. Rounds where a report named this person rather than a firm, matched on name: read it as a strong hint, not proof, since people share names.

## Companies they are listed as backing

Portfolio

- [Anari AI](https://millionrounds.com/startup/anari-ai)
- [Apptimize](https://millionrounds.com/company/apptimize)
- [Armory](https://millionrounds.com/startup/armory-2)
- [ArtLifting](https://millionrounds.com/startup/artlifting)
- [Artiphon](https://millionrounds.com/company/artiphon)
- [Asana](https://millionrounds.com/company/asana)
- [Birdi](https://millionrounds.com/startup/birdi-2)
- [Blume](https://millionrounds.com/company/blume)
- [Brilliant](https://millionrounds.com/company/brilliant)
- [Bubble](https://millionrounds.com/startup/bubble-2)
- [Buffer](https://millionrounds.com/startup/buffer-2)
- [Cambrian Genomics](https://millionrounds.com/startup/cambrian-genomics)
- [Care at Hand](https://millionrounds.com/startup/care-at-hand)
- [CircleCI](https://millionrounds.com/company/circleci)
- [CodeCombat](https://millionrounds.com/company/codecombat)
- [CodeHS](https://millionrounds.com/startup/codehs)
- [Crayon](https://millionrounds.com/company/crayon)
- [Descomplica](https://millionrounds.com/startup/descomplica)
- [Digit](https://millionrounds.com/startup/digit-3)
- [Din](https://millionrounds.com/startup/din)
- [Dynamo Micropower](https://millionrounds.com/startup/dynamo-micropower)
- [Earli](https://millionrounds.com/startup/earli)
- [Earnest](https://millionrounds.com/startup/earnest)
- [Fieldbook](https://millionrounds.com/startup/fieldbook)
- [Framed Data](https://millionrounds.com/startup/framed-data)
- [Frederick](https://millionrounds.com/startup/frederick)
- [Fwd](https://millionrounds.com/startup/fwd-2)
- [Genome Compiler](https://millionrounds.com/startup/genome-compiler)
- [HOOKED](https://millionrounds.com/startup/hooked)
- [Handle](https://millionrounds.com/startup/handle-2)
- [HelloSign](https://millionrounds.com/company/hellosign)
- [Kindara](https://millionrounds.com/startup/kindara)
- [LeadIQ](https://millionrounds.com/startup/leadiq)
- [Live on Demand](https://millionrounds.com/startup/live-on-demand)
- [LiveOnDemand](https://millionrounds.com/startup/liveondemand)
- [MagicBus](https://millionrounds.com/startup/magicbus)

36 of 95 companies.

## Where they are named on record

Filings

- SEC Form D · Company raising **LTSE Group, Inc.** Executive Officer, Director on 2 filings · since 2022
- SEC Form D · Company raising **LTSE Services, Inc.** Executive Officer, Director on 3 filings · since 2019
- SEC Form D · Company raising **LTSE Group, Inc.** Executive Officer, Director, Promoter since 2019
- SEC Form D · Company raising **LTSE Holdings, Inc.** Executive Officer, Director, Promoter since 2017
- SEC Form D · Company raising **Long-Term Stock Exchange, Inc.** Executive Officer, Director, Promoter since 2016

Each row is a document a firm filed with a regulator: somebody signed it, and it carries a date.

## Their books

- The Lean Startup Eric Ries · 2011 4.11 from 374,139 ratings on Goodreads About the book Most new businesses fail. But most of those failures are preventable.The Lean Startup is a new approach to business that's being adopted around the world. It is changing the way companies are built and new products are launched. Essential reading for any ambitious entrepreneur,… On AmazonListen on Audible
- The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-Term Growth Eric Ries · 2017 3.98 from 4,093 ratings on Goodreads About the book Entrepreneur and bestselling author of The Lean Startup, Eric Ries reveals how entrepreneurial principles can be used by businesses of all kinds, ranging from established companies to early-stage startups, to grow revenues, drive innovation, and transform themselves into truly… On AmazonListen on Audible
- The Leader's Guide Eric Ries · 2016 4.14 from 1,535 ratings on Goodreads About the book The Leader’s Guide is aimed at entrepreneurs, executives, or anyone leading a project or team. It contains stories about how companies both large and small are adopting Lean Startup methods to scale successfully and operate in conditions of extreme uncertainty. The Leader’s… On AmazonListen on Audible
- Startup Lessons Learned: Season One 2008 - 2009 Eric Ries 4.15 from 1,117 ratings on Goodreads On AmazonListen on Audible
- Incorruptible: Why Good Companies Go Bad... and How Great Companies Stay Great Eric Ries · 2026 4.37 from 355 ratings on Goodreads About the book Incorruptible is Eric Ries’s boldest work since The Lean Startup. Where his earlier books offered tools for product innovation and scaling, this one tackles a deeper, systemic why do even the best companies drift from their missions, betraying the trust of customers, employees,… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

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## Find people like Eric

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