Fundraising Fox

Lightbank

Venture capital

Chicago · Seed–Late Stage · 25 people tracked

Also known as LIGHTBANK ASSET MANAGEMENT, LLC

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Investment thesis

Early-stage, Midwest-focused VC and company builder that incubates in-house, backed by operator-heavy partners who've founded and scaled multiple companies and deployed over $150M into 70+ regional companies.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$500K – $5M
HQ
Chicago, Illinois, US
Leads rounds
Follows
Instruments
Equity
Founded
2010
AUM
$700M
VC funds
8
Tracked investments
133

Team · 25 people

from the firm's website & public directories
Brad Baum· Associatein𝕏

What they invest in

from 27 of 133 portfolio companies

Enterprise Software ×13SaaS ×13AI & Machine Learning ×6Cybersecurity ×5Fintech ×5InsurTech ×4Marketplaces ×4Consumer ×3

HQs:United States×24United Kingdom×1

Investments · 133 tracked

founders shown can be your intro path
SpringbigOTC: SBIG

Boca Raton, US

Amanda Lannert(Director)Patricia Glassford(Director)Steven Bernstein(Director)Jon Trauben(Director)Jeffrey Harris(Chief Executive Officer and Chairman)Phil Schwarz(Director)

Sprout SocialNASDAQ: SPT

Chicago, US

Aaron Rankin(Executive Officer, Director)Peter Barris(Director)Eric Lefkofksy(Director)Justyn Howard(Executive Officer, Director)Jason Kreuziger(Director)

1up1up.aiin𝕏✓ verified

1up provides an AI-powered sales platform that answers customer questions and delivers accurate information to go-to-market teams in real time.

AI & Machine LearningSaaSSales TechNew York City, US

Valarianvalarian.com✓ verified

Valarian builds ACRA, an infrastructure platform for organizations requiring high levels of control, privacy, and compliance in their digital environments.

Cloud ComputingCybersecurityEnterprise SoftwareLondon, GB

Max Buchan(Co-founder & CEO)Josh McLaughlin(Co-founder & COO)

Hireologyhireology.comin𝕏

Hireology provides a recruiting and applicant tracking platform that helps businesses hire staff, with features including career sites, digital onboarding, hiring analytics, employee referral management, and an AI recruiting assistant.

AI & Machine LearningHR TechSaaSChicago, US

Adam Robinson(Chief Executive Officer, President and Director)Michael Krupka(Director)Bill Pescatello(Director)Michael Krasman(Secretary and Director)

Board seatBill Pescatello· per SEC Form D

86 Repairs86repairs.comin

86 Repairs provides a platform to help restaurants manage repairs and maintenance, removing the burden of equipment R&M so operators can focus on their core business.

Enterprise SoftwareSaaS

Daniel Estrada(Founder & CEO)

A.M. Money
Aclaimantaclaimant.comin𝕏

Aclaimant provides risk management software to help organizations identify and actively manage business risks.

Enterprise SoftwareInsurTechChicago, US

Michael Schultz(Co-founder)David Wald(Executive Officer, Director)

BoardLaura Brady(Director)

Adageadage.comin𝕏
Allegro Energy
AllFly
Andel
Aropha
ARTA
Atlas Reality
Attain
Avibra
Aviva Health
Axle Health
Basket
Bearinggetyourbearing.comin

Bearing provides software that digitizes corporate physical security operations on the ServiceNow platform, built by physical security leaders for security teams managing enterprise risk and vulnerability.

CybersecurityEnterprise SoftwareBridgeport, US

Michael A Conduff(Executive Officer)Philip E. Riley(Executive Officer)Michael P Madden(Executive Officer)James C Hunt(Executive Officer)Catherine L Spain(Executive Officer)John C Matheny(Director)

Beautylish

San Francisco, US

Vu Nguyen(Executive Officer, Director)Nils Johnson(Executive Officer, Director)James Watson(Director)

BenchPrepbenchprep.comin

BenchPrep is a learning management system for associations, credentialing bodies, and training companies that delivers exam prep, continuing education, and professional certifications.

EdTechEnterprise SoftwareSaaS

Benzingabenzinga.comin𝕏
BillTrimbilltrim.com𝕏

BillTrim is a bill negotiation and management service where professional negotiators lower consumers' recurring bills (such as cable and cell phone) twice a year, monitor bills for price increases, and automatically pay them from a connected bank account.

ConsumerFintechSaaS

Birdwatch
Blueprint
Boom
Bright Funding
CancerIQ
CarbonCapture
Catalyticcatalytic.comin𝕏

This page describes PagerDuty Workflow Automation, a product that automates manual business processes for development and IT operations by combining human-in-the-loop steps such as approvals and decisions with technical automation.

Developer ToolsEnterprise SoftwareSaaSChicago, US

Peter Barris(Director)Sean Chou(Executive Officer, Director)Ravi Singh(Executive Officer, Director)

Chowder

Peachtree City, US

Christopher O'Reilly(Member of the board of managers)Daniel Collier(Member of the board of managers)Stuart Roehm(Member of the board of managers)

Claim
Classkick
Clearcoverclearcover.comin𝕏

Clearcover is an insurance company that simplifies auto insurance coverage selection and claims processing through a mobile-first platform, enabling fast claim payouts.

InsurTechChicago, US

Cynthia Hardy(Director)Eugene Lee(Pending Common Director designee)William Spencer Boice(Director)Jennifer Kemp(Executive Officer)Kyle Nakatsuji(Executive Officer, Director)Jennifer Crutchfield(Executive Officer)

Clever Sense

Babak Pahlavan(CoFounder)

Coffee Meets Bagelcohive.space

San Francisco, US

Ahreum Kang(Executive Officer, Director)Osuke Honda(Director)Da Woon Kang(Executive Officer, Director)

Contentlycontently.comin𝕏

Contently is a platform and content management service that helps brands create and distribute editorial content at scale.

Enterprise SoftwareMarketing TechMedia & EntertainmentSaaSNew York City, US

Shane Snow(Executive Officer)Joshua Breinlinger(Director)Joseph Coleman(Executive Officer, Director)David Goldberg(Director)Paul Flanagan(Director)

BoardEric Paley(Director)

Crowdrisecrowdrise.com𝕏acquired by GoFundMe

CrowdRise is an online fundraising platform that enables individuals and organizations to raise money for charitable causes and personal needs.

FintechMarketplacesLos Angeles, US

Edward Norton(Co-founder)Shauna Robertson(Co-founder)Robert Wolfe(CEO)Jeffrey Wolfe(Co-founder)Bijan Sabet(Director)

BoardFred Wilson(Director)

dClimate
DraftDay
DRIVIN
Elevent
EventUp
Expelexpel.comin𝕏

Expel provides managed detection and response (MDR) services for cybersecurity threats, helping organizations detect and respond to security incidents.

CybersecurityEnterprise SoftwareSaaS

Dave Merkel(Chief Executive Officer)

Expelexpel.ioin𝕏

Expel provides managed detection and response (MDR) services powered by AI and 24/7 human security analysts.

Cybersecurity

Extendpaywithextend.comin𝕏

Extend provides a virtual card issuing platform and spend management software that banks can offer to their business customers.

Enterprise SoftwareFintechSaaS

Andrew(Founder)Danny(Co-founder)Guillaume(Co-founder)

Felux
Flywheel Exchange, Inc.flywheel.ioin

Flywheel provides a platform for organizing, managing, and sharing medical imaging data.

AI & Machine LearningData & InfrastructureHealthtechMedical DevicesMinneapolis, US

Brian Wandell(Co-founder)Gunnar Schaefer(Co-founder)Colby Moosman(Executive Officer)Matthew D. Michela(Executive Officer, Director)Sarah Fazio(Executive Officer)Danny J. Cunagin(Director)

Foodafooda.comin𝕏

Fooda operates a marketplace that brings restaurant partners and popup dining experiences directly to workplaces, allowing employees to access fresh meals from high-rated restaurants without leaving their office location.

FoodTechMarketplacesChicago, US

Nigel Travis(Director)Jason Stulberg(Executive Officer)Alex Groesbeck(Executive Officer)Vip Sandhir(Director)Jonathan K. Shulkin(Director)Suzanne Muchin(Director)

FreeAgent
Freede
Frontrow Healthfrontrowmd.comin

FrontrowMD is a platform that helps consumers discover and purchase health and wellness products with guidance from medical professionals.

Direct to ConsumerHealthtechMarketplacesWellness & Fitness

Gameflip
GamerGains
Gauss
Goliath
Halocures

Frequently asked questions

What stage does Lightbank invest at?
Lightbank invests at the Seed, Series A, Series B, Series C, Late Stage stages.
What is Lightbank's typical check size?
Lightbank typically writes checks of $500K – $5M.
What sectors does Lightbank focus on?
Lightbank focuses on Consumer, Crypto & Web3, EdTech, Enterprise Software, Fintech, Healthtech, Media & Entertainment, Retail Tech, SaaS.
Where is Lightbank located?
Lightbank is headquartered in Chicago, US.
Does Lightbank lead rounds?
Lightbank typically participates in rounds rather than leading them.

Co-investors · 110

Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests in companies at the edge of large markets being transformed by technological and societal pressures.

Both backed · 2
$1M – $20M
Chicago Ventures

Chicago Ventures is an early-stage venture capital firm that partners with founders in industries it views as overlooked, writing high-conviction checks and taking board seats.

Both backed · 2
$250K – $1M
Corazon Capital

Corazon Capital is an early-stage venture capital firm based in Chicago that invests in consumer and B2B technology companies, backing founders from pre-seed through later stages.

Both backed · 2
$150K – $500K
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

Both backed · 1
photo
$5M – $100M
Founder Collective

Founder Collective is an early-stage venture capital firm focused on seed and pre-seed investments across all sectors.

Both backed · 1
Uncork Capital

Uncork Capital is a seed-stage venture firm that backs founders at the earliest stage, before their potential is widely recognized.

Both backed · 1
TakeLessons
$3M – $5M
Felicis Ventures

Felicis Ventures is an early-stage venture capital firm that has backed founders for over 20 years, leading or co-leading the majority of its investments across seed and Series A rounds.

Both backed · 1
$500K – $15M
Spark Capital

Spark Capital is a venture capital firm that backs founders across technology and consumer companies; it notably led Twitter's Series B in 2008.

Both backed · 1
$500K – $25M
Bullpen Capital

Bullpen Capital is an early-stage venture firm that has funded over 100 companies, focusing on businesses that have found product-market fit but are overlooked by other investors.

Both backed · 1
$2M – $4M
Crosslink Capital

Crosslink Capital is a San Francisco-based venture capital firm investing in enterprise and consumer technology startups across North America.

Both backed · 1
TakeLessons
$1M – $9M
Transmedia Capital

Transmedia Capital (TMC) is an early-stage technology venture fund that provides domain expertise, operating experience, and advisory support to founders.

Both backed · 1
Adage
$5M
98 more co-investors

Jackson Square VenturesMontage VenturesContour Venture PartnersCultivation CapitalRiverPark VenturesMercato PartnersAndreessen HorowitzGeneral CatalystFounders FundLightspeed Venture PartnersCraft VenturesAccelAlumni VenturesInsight PartnersUberEverywhere VenturesDCVC (Data Collective)Sound VenturesCRV (Charles River Ventures)DST GlobalGreat Oaks Venture CapitalTiger Global ManagementPlug and Play VenturesEniac VenturesStreamlined VenturesSusa VenturesACME CapitalOffline VenturesNextView VenturesUpHonest CapitalPrecursor VenturesKapor CapitalCanvas VenturesAfore CapitalFloodgateInovia CapitalBowery CapitalBonfire VenturesIA VenturesTrinity VenturesRed Swan VenturesBuckley Ventures Management Company LlcMaveronLerer HippeauFoundry GroupThrive CapitalGoodwater CapitalWEEKENDBAM VenturesFifth WallM13Threshold Ventures75 & SunnyHustle FundGeneral PartnershipWinklevoss CapitalCostanoa VenturesAngelPadCausalCowboy VenturesFuel Venture CapitalPelion Venture PartnersHyde Park Venture PartnersNyca PartnersBrand Foundry VenturesClimate CapitalAccelerator VenturesHelium-3 VenturesEndeavor CatalystNotation CapitalBoost VCSweet CapitalTenOneTen VenturesThink+ Ventures Management, LlcCurious CapitalFifty YearsRTP GlobalPeterson VenturesCelesta CapitalGriffin Gaming PartnersLearn CapitalNIVEqual VenturesEvolve VC FundsGemini Israel VenturesDivergent CapitalPTC PolymarketArthur VenturesDag VenturesEnergy Capital VenturesMHS CapitalPortal VenturesCadenzaGlade Brook Capital PartnersWestRiver GroupCrossbeam Venture PartnersDistributed VenturesWealthing VC Club

Firms observed investing alongside Lightbank, from public investor directories. Shared companies are the overlap with Lightbank's recorded portfolio.

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