Lightbank
 | This article needs more citations. (September 2025) |
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| Type | Financial organization/venture fund |
|---|---|
| Industry | Finance venture funding |
| Founded | 2010 |
| Founders | Eric Lefkofsky Brad Keywell |
| Headquarters | , |
Key people |
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| Website | lightbank |
Lightbank is a Chicago-based venture capital firm founded in 2010 by Eric Lefkofsky and Brad Keywell.[1][2][3]
History
[edit]The company was founded in 2010[2] by Groupon co-founders Brad Keywell and Eric Lefkofsky.[4] Lefkofsky was a special advisor of Lightbank in 2014 and 2015, then became managing partner in November 2015.[5] Other partners include Eric Ong, Matt Sacks, and Bill Pescatello.
In 2011, Lightbank had raised over $700 million and had a $290 million Fund III. Its investments included Groupon, Tempus AI, Fiverr and Udemy.[6] By 2013, other investments included Sprout Social and Belly.[7] It invested in Boom Technology in 2017,[8] SpotHero in 2014,[9] and BenchPrep and Qwiki by 2021 among others.[10]
References
[edit]- ↑ Rogers, Bruce (2012-10-24). "How Chicago-Based Lightbank Is Fixing A Broken VC Model". Forbes. Retrieved 2012-12-24.
- 1 2 Baverman, Laura (2012-12-20). "Lightbank and Kleiner Perkins create Windy City vs. Silicon Valley design fight". Bizjournals. Retrieved 2012-12-24.
- ↑ Marek, Lynne (2012-06-11). "Lightbank shines on more startups". Crain's Chicago Business. Retrieved 2012-12-24.
- ↑ Business Insider "INSIDE GROUPON: The Truth About The World's Most Controversial Company" October 31, 2011
- ↑ Sky, Blue (30 November 2015). "Lefkofsky lands back at Lightbank after stepping down as Groupon CEO". chicagotribune.com. Retrieved 2016-06-13.
- ↑ Wolinsky, David (12 October 2011). "Lightbank Gives $3 Million in Financing to Udemy". NBC Chicago. Retrieved 2019-02-28.
- ↑ Truong, Alice (2013-08-27). "Belly Raises $12.1 Million To Replace Loyalty Cards With Its App". Fast Company. Retrieved 2019-02-28.
- ↑ "Japan Airlines and Boom Announce Partnership for Supersonic Air Travel". www.prnewswire.com (Press release). Retrieved 2019-02-28.
- ↑ "Investors park $4.5 million in SpotHero". Crain's Chicago Business. 2014-06-10. Retrieved 2019-02-28.
- ↑ "Hello Divorce raises $2M so that couples can say 'good-bye' easier". TechCrunch. Retrieved 2021-08-02.
External links
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