# Lightspeed Venture Partners' AI Investments: 176 Startups in Its Portfolio (2026)

> The 176 AI startups Lightspeed Venture Partners has backed, by stage: $268B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-ai-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series A

47

- [Xaira Therapeutics](https://millionrounds.com/company/xaira-therapeutics)
- [Ricursive Intelligence](https://millionrounds.com/company/ricursive-intelligence)
- [Covenant](https://millionrounds.com/company/covenant)
- [LMArena](https://millionrounds.com/company/lmarena)
- [Resolve AI](https://millionrounds.com/company/resolve-ai)
- [*T* Turing](https://millionrounds.com/company/turing)
- [Armadin Security](https://millionrounds.com/company/armadin-security)
- [Substrate](https://millionrounds.com/company/substrate)
- [Nuance Labs](https://millionrounds.com/company/nuance-labs)
- [*FT* Fathom Therapeutics](https://millionrounds.com/company/fathom-therapeutics)
- [DualEntry](https://millionrounds.com/company/dualentry)
- [Straiker](https://millionrounds.com/company/straiker)
- [Foundry](https://millionrounds.com/company/foundry)
- [Mithril](https://millionrounds.com/company/mithril)
- [Contextual AI](https://millionrounds.com/company/contextual-ai)
- [Sandstone](https://millionrounds.com/company/sandstone)
- [Cartesia](https://millionrounds.com/company/cartesia)
- [Fathom](https://millionrounds.com/company/fathom)
- [*G* Gyde](https://millionrounds.com/company/gyde)
- [Reactor](https://millionrounds.com/company/reactor)
- [Inworld AI](https://millionrounds.com/company/inworld-ai)
- [Magical](https://millionrounds.com/company/magical)
- [LightSource](https://millionrounds.com/company/lightsource)
- [Virtue AI](https://millionrounds.com/company/virtue-ai)

+23 more

## Pre-seed and seed

46

- [Ineffable Intelligence](https://millionrounds.com/company/ineffable-intelligence)
- [Unconventional AI](https://millionrounds.com/company/unconventional-ai)
- [Harmony](https://millionrounds.com/company/harmony)
- [Periodic Labs](https://millionrounds.com/company/periodic-labs)
- [Paid](https://millionrounds.com/company/paid)
- [Cylake](https://millionrounds.com/company/cylake)
- [autoGraph](https://millionrounds.com/company/autograph)
- [Inferact](https://millionrounds.com/company/inferact)
- [STORI](https://millionrounds.com/company/stori)
- [*E* Eve](https://millionrounds.com/company/eve)
- [lark](https://millionrounds.com/company/lark)
- [Modus](https://millionrounds.com/company/modus)
- [Sycamore](https://millionrounds.com/company/sycamore)
- [*H* Highlight](https://millionrounds.com/company/highlight)
- [Coral](https://millionrounds.com/company/coral)
- [Frontera Health](https://millionrounds.com/company/frontera-health)
- [BOND](https://millionrounds.com/company/bond)
- [Nirva](https://millionrounds.com/company/nirva)
- [Observo AI](https://millionrounds.com/company/observo-ai)
- [Ponder](https://millionrounds.com/company/ponder)
- [Axiom Trust](https://millionrounds.com/company/axiom-trust)
- [Almanac Health](https://millionrounds.com/company/almanac-health)
- [Atorie](https://millionrounds.com/company/atorie)
- [Origin Lab](https://millionrounds.com/company/origin-lab)

+22 more

## Series C and later

36

- [Anthropic](https://millionrounds.com/company/anthropic)
- [xAI](https://millionrounds.com/company/xai)
- [Mistral AI](https://millionrounds.com/company/mistral-ai)
- [Cognition](https://millionrounds.com/company/cognition)
- [Fireworks AI](https://millionrounds.com/company/fireworks-ai)
- [Skild AI](https://millionrounds.com/company/skild-ai)
- [Temporal](https://millionrounds.com/company/temporal)
- [Fractile](https://millionrounds.com/company/fractile)
- [*E* ElevenLabs](https://millionrounds.com/company/elevenlabs)
- [Suno](https://millionrounds.com/company/suno)
- [Beacon Software](https://millionrounds.com/company/beacon-software)
- [Enveda](https://millionrounds.com/company/enveda)
- [*N* Nominal](https://millionrounds.com/company/nominal)
- [Moveworks](https://millionrounds.com/company/moveworks)
- [Assort Health](https://millionrounds.com/company/assort-health)
- [FLYR](https://millionrounds.com/company/flyr)
- [*SC* Science Corp](https://millionrounds.com/company/science-corp)
- [Emergent](https://millionrounds.com/company/emergent)
- [Farther](https://millionrounds.com/company/farther)
- [ScaleOps](https://millionrounds.com/company/scaleops)
- [Exa](https://millionrounds.com/company/exa)
- [Granola](https://millionrounds.com/company/granola)
- [Gainsight](https://millionrounds.com/company/gainsight)
- [RobCo](https://millionrounds.com/company/robco)

+12 more

## Series B

28

- [*RA* Reflection AI](https://millionrounds.com/company/reflection-ai)
- [*PI* Physical Intelligence](https://millionrounds.com/company/physical-intelligence)
- [CuspAI](https://millionrounds.com/company/cuspai)
- [Nexthop AI](https://millionrounds.com/company/nexthop-ai)
- [Town](https://millionrounds.com/company/town)
- [Pika](https://millionrounds.com/company/pika)
- [Goodfire](https://millionrounds.com/company/goodfire)
- [Distyl AI](https://millionrounds.com/company/distyl-ai)
- [Basis](https://millionrounds.com/company/basis)
- [Firework](https://millionrounds.com/company/firework)
- [Typeface](https://millionrounds.com/company/typeface)
- [Endor Labs](https://millionrounds.com/company/endor-labs)
- [Casap](https://millionrounds.com/company/casap)
- [Tabs](https://millionrounds.com/company/tabs)
- [Stability AI](https://millionrounds.com/company/stability-ai)
- [Tem](https://millionrounds.com/company/tem)
- [Patronus AI](https://millionrounds.com/company/patronus-ai)
- [Doctronic](https://millionrounds.com/company/doctronic)
- [Tavus](https://millionrounds.com/company/tavus)
- [Tonkean](https://millionrounds.com/company/tonkean)
- [Theta Lake](https://millionrounds.com/company/theta-lake)
- [Ketryx](https://millionrounds.com/company/ketryx)
- [*K* Keychain](https://millionrounds.com/company/keychain)
- [*Z* Zocks](https://millionrounds.com/company/zocks)

+4 more

## Stage not reported

15

- [*SS* Safe Superintelligence](https://millionrounds.com/company/safe-superintelligence)
- [Verkada](https://millionrounds.com/company/verkada)
- [*UI* Unconventional, Inc.](https://millionrounds.com/company/unconventional-inc)
- [Abridge](https://millionrounds.com/company/abridge)
- [DataStax](https://millionrounds.com/company/datastax)
- [BetterUp](https://millionrounds.com/company/betterup)
- [Dexterity](https://millionrounds.com/company/dexterity)
- [One Concern](https://millionrounds.com/company/one-concern)
- [Kespry](https://millionrounds.com/company/kespry)
- [Outsmart](https://millionrounds.com/company/outsmart)
- [Market AI](https://millionrounds.com/company/market-ai)
- [Apex.AI](https://millionrounds.com/company/apex-ai)
- [Tasklet](https://millionrounds.com/company/tasklet)
- [Friendly](https://millionrounds.com/company/friend-ly)
- [Pie](https://millionrounds.com/company/pie)

## Growth

4

- [Harvey](https://millionrounds.com/company/harvey)
- [Snorkel AI](https://millionrounds.com/company/snorkel-ai)
- [EvenUp](https://millionrounds.com/company/evenup)
- [Glean](https://millionrounds.com/company/glean)

## Segment by segment

### Series A

47 startups · $4.0B raised

- [**Xaira Therapeutics**](https://millionrounds.com/company/xaira-therapeutics) Xaira Therapeutics is an integrated biotechnology company founded in 2023 and publicly launched in April 2024. United States $1.0B
- [**Ricursive Intelligence**](https://millionrounds.com/company/ricursive-intelligence) Ricursive Intelligence is an AI laboratory founded by Anna Goldie and Azalia Mirhoseini, focusing on semiconductor design through United States $300M
- [**Covenant**](https://millionrounds.com/company/covenant) Covenant is an innovative AI law firm focused on serving private market investors. United States $254M
- [**LMArena**](https://millionrounds.com/company/lmarena) LMArena is a web-based platform that evaluates large language models (LLMs) through anonymous, crowd-sourced pairwise comparisons. United States $250M
- [**Resolve AI**](https://millionrounds.com/company/resolve-ai) Resolve AI is a technology company founded in 2024 and based in San Francisco, California. United States $200M
- [*T* **Turing**](https://millionrounds.com/company/turing) United States $189M
- [**Armadin Security**](https://millionrounds.com/company/armadin-security) Armadin Security is an AI-powered cybersecurity company that specializes in real-time threat hunting. United States $165M
- [**Substrate**](https://millionrounds.com/company/substrate) Substrate is a semiconductor equipment manufacturer and foundry developer based in San Francisco, California. United States $109M

### Pre-seed and seed

46 startups · $3.9B raised

- [**Ineffable Intelligence**](https://millionrounds.com/company/ineffable-intelligence) Ineffable Intelligence develops machine learning systems that learn through interaction and experience. United Kingdom $1.1B
- [**Unconventional AI**](https://millionrounds.com/company/unconventional-ai) Unconventional AI rethinks computer foundations to optimize energy efficiency for AI. United States $475M
- [**Harmony**](https://millionrounds.com/company/harmony) Discover founder-led capital and responsible growth support for UK businesses. United States $304M
- [**Periodic Labs**](https://millionrounds.com/company/periodic-labs) We're building AI scientists and the autonomous laboratories for them to operate. United States $300M
- [**Paid**](https://millionrounds.com/company/paid) Paid is a web-developing company that provides shipping solutions by building website, collect payments, and compare shipping rates. United States $297M
- [**Cylake**](https://millionrounds.com/company/cylake) Cylake is a cybersecurity startup founded in March 2026, focusing on AI-native, data-driven cybersecurity platforms. United States $290M
- [**autoGraph**](https://millionrounds.com/company/autograph) United States $188M
- [**Inferact**](https://millionrounds.com/company/inferact) Inferact is an AI infrastructure startup founded by the creators of vLLM, a leading open-source LLM inference engine. United States $150M

### Series C and later

36 startups · $237B raised

- [**Anthropic**](https://millionrounds.com/company/anthropic) United States $134B
- [**xAI**](https://millionrounds.com/company/xai) United States $81B
- [**Mistral AI**](https://millionrounds.com/company/mistral-ai) Mistral AI is an AI startup that provides developers and businesses access to open and portable generative AI solutions. France $7.5B
- [**Cognition**](https://millionrounds.com/company/cognition) Cognition, based in San Francisco, is an artificial intelligence company focused on enhancing software development. United States $3.0B
- [**Fireworks AI**](https://millionrounds.com/company/fireworks-ai) Fireworks AI is a generative AI infrastructure platform that specializes in delivering fast inference and full-parameter training United States $1.7B
- [**Skild AI**](https://millionrounds.com/company/skild-ai) Building general purpose robotic intelligence. United States $1.4B
- [**Temporal**](https://millionrounds.com/company/temporal) Temporal is a financial services and market infrastructure company focused on enhancing efficiency in financial markets, particula United States $996M
- [**Fractile**](https://millionrounds.com/company/fractile) Fractile is a UK-based technology company and semiconductor startup founded in 2022 by Dr. United Kingdom $960M

### Series B

28 startups · $8.7B raised

- [*RA* **Reflection AI**](https://millionrounds.com/company/reflection-ai) United States $3.0B
- [*PI* **Physical Intelligence**](https://millionrounds.com/company/physical-intelligence) United States $2.0B
- [**CuspAI**](https://millionrounds.com/company/cuspai) CuspAI is an innovative artificial intelligence company based in Cambridge, United Kingdom, with additional teams in Amsterdam and Berlin. United Kingdom $950M
- [**Nexthop AI**](https://millionrounds.com/company/nexthop-ai) Nexthop AI is a privately held company founded in 2024 and based in Santa Clara, California, with additional offices in Seattle, V United States $500M
- [**Town**](https://millionrounds.com/company/town) Town is an applied AI company based in San Francisco that focuses on creating tools to simplify software creation and usage for ev United States $241M
- [**Pika**](https://millionrounds.com/company/pika) Pika is a machine that cleans reusable diapers in one step. United States $216M
- [**Goodfire**](https://millionrounds.com/company/goodfire) Goodfire is a research company and public benefit corporation based in San Francisco, dedicated to using interpretability to under United States $200M
- [**Distyl AI**](https://millionrounds.com/company/distyl-ai) Distyl AI works with organisations to increase their AI readiness and develop comprehensive AI-based solutions. United States $195M

### Stage not reported

15 startups · $12B raised

- [*SS* **Safe Superintelligence**](https://millionrounds.com/company/safe-superintelligence) United States $8.0B
- [**Verkada**](https://millionrounds.com/company/verkada) Verkada Inc. United States $1.6B
- [*UI* **Unconventional, Inc.**](https://millionrounds.com/company/unconventional-inc) United States $1.0B
- [**Abridge**](https://millionrounds.com/company/abridge) Abridge is a medical conversation AI startup that structures and summarizes medical conversations for doctors and patients. United States $313M
- [**DataStax**](https://millionrounds.com/company/datastax) DataStax, Inc. United States $305M
- [**BetterUp**](https://millionrounds.com/company/betterup) BetterUp develops an AI-driven platform that helps people and businesses grow personally and professionally through coaching. United States $142M
- [**Dexterity**](https://millionrounds.com/company/dexterity) Dexterity provides robotic systems solutions for logistics, warehouses, and supply chain. United States $100M
- [**One Concern**](https://millionrounds.com/company/one-concern) One Concern is a climate resilience technology company based in Menlo Park, California, founded in 2015. United States $65M

### Growth

4 startups · $3.1B raised

- [**Harvey**](https://millionrounds.com/company/harvey) Harvey is a domain-specific artificial intelligence company based in San Francisco, California, founded in 2022. United States $2.3B
- [**Snorkel AI**](https://millionrounds.com/company/snorkel-ai) Snorkel AI, Inc. United States $350M
- [**EvenUp**](https://millionrounds.com/company/evenup) EvenUp is a technology company based in San Francisco that specializes in vertical AI solutions for the personal injury legal sector. United States $285M
- [**Glean**](https://millionrounds.com/company/glean) Glean Technologies, Inc. United States $150M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Lightspeed Venture Partners as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Lightspeed Venture Partners' Fintech portfolio** 52 startups · $13B](https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-fintech-portfolio)[Sector portfolio **Lightspeed Venture Partners' Web3 & Crypto portfolio** 38 startups · $2.6B](https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-web3-crypto-portfolio)[Sector portfolio **Lightspeed Venture Partners' IT Services portfolio** 32 startups · $1.4B](https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-it-services-portfolio)[Sector portfolio **Lightspeed Venture Partners' Cybersecurity portfolio** 29 startups · $3.2B](https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-cybersecurity-portfolio)[Sector portfolio **Lightspeed Venture Partners' Internet portfolio** 26 startups · $9.2B](https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-internet-portfolio)[Sector portfolio **Lightspeed Venture Partners' Big Data & Analytics portfolio** 26 startups · $1.8B](https://millionrounds.com/portfolio-maps/lightspeed-venture-partners-big-data-analytics-portfolio)

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