Fundraising Fox

Lightyear

Private equity

New York · Growth · 58 people tracked

Also known as Lightyear Capital Llc

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Investment thesis

Lightyear partners with management teams of strong, growing companies and aims to make them stronger by delivering more than capital. Drawing on 25+ years of experience, deep domain expertise, an integrated portfolio solutions team, and an operating partners network, the firm supports companies in broadening markets, strengthening operations, enhancing teams, and building enduring enterprise value. Its coordinated approach is designed to create efficiencies, share best practices, and provide a seamless, supportive experience for portfolio management teams.

Source: firm website, verified Aug 25, 2026.

Stage
Growth
HQ
New York, NY, US
Leads rounds
Leads
Instruments
Equity
AUM
$8.1B
Tracked investments
41

Team · 58 people

from the firm's website
Mark Vassallo· Managing Partner
Max Rakhlin· Partner
Michal Petrzela· Partner
Trevor Pieri· Partner
Ben Strumeier· Principal, Assistant General Counsel
John Sander· Principal, Portfolio Solutions
Alex Reiner· Associate, Portfolio Solutions
Carter Pichardo· Senior Accountant
Courtney Sullivan· Managing Director, Head of Fundraising & Investor Relations
Daniel Quiring· Analyst, Legal and Compliance
Daniel Stencel· Managing Director, CFO
Gavin Poole· Operating Partner
Jacobo Ochoa· Vice President, Investments
Jim Foreman· Operating Partner
Joe Raio· Vice President, Investments
John Slattery· Associate, Investments
Joseph Hanna· Operating Partner
Kerry Van Voris· Operating Partner
Kevin Watters· Operating Partner
Lauren Parry· Executive Assistant
Liza Terkoski· Office and Events Manager
Lucy Williams· Vice President, Human Capital
Maria Veltre· Operating Partner
Martin Sullivan· Senior Advisor
Nandan Polisetty· Senior Associate, Investments
Steve Auerbach· Operating Partner
Sunil Garga· Operating Partner
Tom Naratil· Operating Partner

What they invest in

from 33 of 41 portfolio companies

Fintech ×19SaaS ×11InsurTech ×9Digital Health ×4Enterprise Software ×4Healthtech ×4HR Tech ×3AI & Machine Learning ×2

HQs:United States×8United Kingdom×1Netherlands×1

Investments · 41 tracked

founders shown can be your intro path
Prosperity Partnersprosperityllc.com✓ verified

Prosperity Partners is an accounting and advisory firm providing CPA, M&A, and business growth services to clients across multiple U.S. offices.

Enterprise SoftwareFintech

Jeremy Dubow(CEO)

Advisorgroupadvisorgroup.com

Co-investorsReverence Capital PartnersACE & Company

Alegeustechnologiesalegeustechnologies.comin

Alegeus provides a platform for administering benefit accounts and payments, including HSA, FSA, HRA, COBRA, commuter, and supplemental benefits programs, along with outsourced administration services.

FintechHealthtechSaaS

Allworth Financialallworthfinancial.comin𝕏

Allworth Financial is a fiduciary wealth management firm offering financial planning, investment management, tax planning, and estate planning through on-staff investment, tax, insurance, and estate experts.

Fintech

Co-investorsParthenon

Altusgroupaltusgroup.comin𝕏

Altus Group provides software, data, and advisory services for commercial real estate investment decisions, including the ARGUS Intelligence Platform for property valuation, cash flow forecasting, and portfolio/fund management.

AI & Machine LearningPropTechSaaS

Amplifiloyaltyamplifiloyalty.comin

ampliFI provides an end-to-end loyalty and cardholder engagement platform for financial institutions, offering custom earning and redemption programs, branded program websites, and business intelligence.

FintechMarketing TechSaaS

Antaresunderwritingantaresunderwriting.com

Antares provides insurance and reinsurance capacity, risk transfer solutions, and claims and underwriting services through its Lloyd's and company market platforms.

FintechInsurTech

Cerity Partnersceritypartners.comin

Cerity Partners provides financial planning, investment management, tax, and risk management advisory services for individuals, families, and businesses.

Fintech

Co-investorsCerity Partners VenturesGenstarW Capital PartnersWarburg PincusWest Coast Financial

Ceteracetera.comin𝕏

Cetera provides support and affiliation services for financial professionals and institutions, including financial advisors.

FintechDenver, US

Greg Olson(Executive Officer)Erinn Ford(Executive Officer)Stan Smiley(Executive Officer)Bernie Breton(Executive Officer)Lisa Gok(Executive Officer)Larry Roth(Executive Officer)

Co-investorsGenstar

Clarionpartnersclarionpartners.com
Collegiatefundingsolutionscollegiatefundingsolutions.com

Collegiate Funding Solutions provides college-planning software and client-acquisition resources for financial advisors and college planning specialists.

EdTechFintechSaaS

Corestreamcorestream.com

Corestream provides a platform for employers to build, promote, and manage voluntary benefits and employee perks, including payroll-deducted benefits and discounted rates on consumer brands.

HR TechInsurTechSaaS

Curalinccuralinc.comin𝕏

CuraLinc Healthcare provides an employee assistance program (EAP) that connects employees to mental health and substance-use care, combining clinical staff with technology to offer therapy, coaching, and 24/7 support.

Digital HealthHR TechMental Health

Datalotdatalot.comin𝕏

Centerfield Insurance Services builds direct-to-consumer digital marketing and customer routing solutions for insurance carriers in the U.S.

AdTechInsurTechMarketing Tech

Co-investorsBessemer Venture Partners

Ecommissionecommission.com
Edbrokingedbroking.com
Engagepeoengagepeo.comin

EngagePEO is a professional employer organization (PEO) that provides outsourced HR services including payroll, HR consulting with licensed employment attorneys, employee benefits, compliance, and workers' compensation.

Enterprise SoftwareHR TechSaaS

Firstsuncbfirstsuncb.com
Hponehpone.comin

HealthPlanOne provides Medicare education and shopping services to simplify the learning and purchasing process for beneficiaries.

HealthtechInsurTech

Co-investorsGreycroft

Inszoneinsuranceinszoneinsurance.comin𝕏

Inszone Insurance is an insurance agency providing personal and commercial insurance coverage to individuals and businesses.

InsurTech

King Insuranceking-insurance.comin

King Risk Partners is an insurance brokerage offering personal and commercial coverage including business, home, auto, and life insurance, along with industry-specific programs.

InsurTech

Malcolm C. King, Sr.

Lendmarkfinanciallendmarkfinancial.comin

Lendmark Financial Services is a consumer lender offering personal loans with fixed rates and customized terms, providing same-day funding through online pre-qualification or in-branch applications.

ConsumerFintech

Lighthousegloballighthouseglobal.com

Lighthouse provides AI-powered technology (LighthouseIQ) and expert services to help legal and compliance teams handle litigation, investigations, eDiscovery, and compliance matters.

AI & Machine LearningEnterprise SoftwareLegalTech

Naucountrynaucountry.comin𝕏

NAU Country provides Federal crop insurance products and related tools for agricultural agents and farmers, including grain and revenue pricing data, hail probability alerts, and weather services.

AgTechInsurTech

Newflyernewflyer.com
Nibcnibc.comin

NIBC is a bank that provides asset financing to companies and individuals, covering private housing, rental and commercial real estate, and infrastructure.

FintechThe Hague, NL

Co-investorsW Capital Partners

Paradigmparadigmcorp.comin𝕏

Paradigm is a catastrophic and complex care management organization that uses a value-based, outcomes-focused approach to manage severe injuries and diagnoses, including catastrophic spinal cord injuries, workplace musculoskeletal injuries, and behavioral health.

Digital HealthHealthtechInsurTech

Michael Choo(Chief Medical Officer, Workers' Compensation)Dr. Cope(Founder)John S. Watts, Jr.(CEO)Tom Mastri(Executive VP, Finance and Business Development)Danielle Melton(Medical Director)

Co-investorsCouncilOMERS Private Equity Inc.

Pathlightcapitalpathlightcapital.com

Pathlight Capital is a private credit investment manager that provides asset-based loans secured on a first or second lien basis against tangible and intangible assets to companies across various industries.

Fintech

Paybyphonepaybyphone.comin𝕏

PayByPhone offers a mobile app for drivers to pay for and extend parking sessions using credit/debit cards or digital wallets like Apple Pay and Google Pay.

FintechMobility & TransportationSaaS

Practicetekpracticetek.comin

PracticeTek is a software and services company that builds SaaS platforms for outpatient healthcare clinics, including dental, orthodontics, optometry, chiropractic, physical therapy, dermatology, and medical spas.

Digital HealthHealthtechSaaS

Primepensionsincprimepensionsinc.comin

Prime Pensions, Inc. provides retirement plan administration, design, and consulting services, including actuarial and recordkeeping support, to clients and their financial advisors.

Fintech

ProfitSolvprofitsolv.comin𝕏

ProfitSolv provides a suite of billing, payments, and software solutions for professional services firms, including legal, accounting, consulting, architecture, and engineering practices.

FintechLegalTechSaaS

Co-investorsFTV Capital

Schellmanschellman.comin𝕏

Schellman provides cybersecurity assessment, compliance, and certification services, including FedRAMP assessments, ESG/governance reporting, AI compliance, and professional training.

CybersecurityEnterprise Software

Sgcpsgcp.com
Skywardinsuranceskywardinsurance.comin

Skyward Specialty is a specialty property and casualty (P&C) insurance provider that works with brokers and agents to deliver underwriting and risk solutions across niche markets.

FintechInsurTechHouston, US

Andrew Robinson(CEO)

Therapy Brandstherapybrands.comin𝕏

Therapy Brands (Ensora Health) builds electronic health record (EHR) and practice management software for therapy practices, including mental health, physical, occupational, and speech therapy providers.

Digital HealthMental HealthSaaS

Co-investorsOak HC/FT

Unitedrentalsunitedrentals.com
Vehlovehlo.comin

Vehlo provides software for the auto care industry, offering service lane, reconditioning, marketing, and payment solutions for car dealerships as well as shop management, payment, and marketing tools for independent repair shops.

FintechMobility & TransportationSaaS

Wealthenhancementwealthenhancement.comin𝕏

Wealth Enhancement provides team-based wealth management and financial planning, pairing local advisor teams with specialists in tax, estate planning, and retirement.

Fintech

Co-investorsTA Associates

Wren Sterlingwrensterling.comin𝕏

Wren Sterling is an independent financial planning firm offering advice on investments, retirement, tax, inheritance, protection insurance, mortgages, and workplace employee benefits.

Fintech

Co-investorsPalatine

Ygreneworksygreneworks.comin

Ygrene provides financing for residential home improvement projects such as energy-efficiency and resiliency upgrades, using a qualification process that does not require a minimum credit score.

CleantechEnergyFintech

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 4

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
Lightyear Fund VI, L.PLPs: Los Angeles County Employees Retirement Association, New Mexico Educational Retirement Board20240.0%0.00x0.00x
Lightyear Fund V, L.P.LPs: Los Angeles County Employees Retirement Association, New Mexico Educational Retirement Board202115.9%1.49x0.26x
Lightyear Fund IV, L.P.LPs: Los Angeles County Employees Retirement Association, New Mexico Educational Retirement Board201619.0%2.10x1.49x
Lightyear Fund III, L.P.LPs: Los Angeles County Employees Retirement Association, New Mexico Educational Retirement Board, Nebraska Investment Council201123.4%2.24x2.22x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Lightyear made?
Lightyear has 41 tracked investments.
What stage does Lightyear invest at?
Lightyear invests at the Growth stage.
What sectors does Lightyear focus on?
Lightyear focuses on Enterprise Software, Fintech, Healthtech, InsurTech.
Where is Lightyear located?
Lightyear is headquartered in New York, US.
Does Lightyear lead rounds?
Yes, Lightyear leads investment rounds.
Who does Lightyear co-invest with?
Lightyear most often shares deals with Genstar, W Capital Partners, Bessemer Venture Partners, among 15 tracked co-investors.

Images

Lightyear photo

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