Lightbank is a financial organization that specializes in making

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

investments including

seed investment Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggest ...

Series A round A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in excha ...

and late-stage investments in companies across the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. The company was founded in 2010, and is headquartered in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...

Investments

Lightbank has raised over $700M and with a $290M Fund III. Lightbank's

Eric Lefkofsky Eric Paul Lefkofsky (born September 2, 1969) is an American billionaire businessman. He is the founder and CEO of Tempus AI, and the co-founder of Groupon, Echo Global Logistics (ECHO), InnerWorkings (INWK), and Mediaocean. , he is also a co ...

and

Brad Keywell Bradley A. Keywell (born October 1969) is an American billionaire entrepreneur. He is the founder and executive chairman of Uptake Technologies, an industrial AI software provider. He is an early investor of Tempus AI, co-founder of Groupon, Ec ...

were original co-founders of

Groupon Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching ...

. Lightbank investments include

Tempus AI Tempus AI, Inc. (formerly Tempus Labs) is an American health technology company founded in 2015 by Eric Lefkofsky in Chicago, Illinois. It was established by Lefkofsky soon after his wife was diagnosed with breast cancer. Tempus uses data and art ...

Fiverr Fiverr is an Israeli multinational online marketplace for freelance services. Fiverr's connects freelancers to people or businesses looking for services. Fiverr takes its name from the $5 asking price attached to all tasks when the company was ...

Udemy Udemy ( ) is an American global massive open online course provider. It was founded in May 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar. It is based in San Francisco, California, United States. The platform hosts online courses, mostly ...

Sprout Social Sprout Social, Inc. is a social media management platform founded in 2010 by Justyn Howard, Aaron Rankin, Gil Lara, and Peter Soung. Sprout is a public company headquartered in Chicago, Illinois, IL. History Sprout Social, Inc. was founded i ...

, Snapsheet,

Belly Belly may refer to: Anatomy * The abdomen, the part of the body between the pelvis and the thorax; or the stomach ** A beer belly, an overhang of fat above the waist, presumed to be caused by regular beer drinking ** Belly dance * The fleshy, ce ...

Boom Technology Boom Technology, Inc. (trade name Boom Supersonic) is an American company developing the Overture, a supersonic airliner. It has also flight tested a one-third-scale demonstrator, the Boom XB-1 "Baby Boom", which broke the sound barrier for the ...

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BenchPrep BenchPrep is an American company that provides cloud-based study guides for standardized tests, professional certifications, and K-12 classroom learning. It has partnered with educational publishers such as McGraw Hill, John Wiley & Sons, and the ...

Qwiki Qwiki was a New York City–based startup automated video production company acquired by Yahoo! on July 2, 2013 for a reported $50 million. Qwiki released an iPhone app that automatically turns the pictures and videos from a user's camera roll i ...

, Fooda, HighGround, and Hello Divorce.

Partners

Lefkofsky was a co-founder of Lightbank, though he became 'Special Advisor' in 2014–2015 during his tenure as CEO of

. He then returned to Lightbank as managing partner in November 2015 after stepping down as CEO of Groupon. Other partners include Eric Ong, Matt Sacks, and Bill Pescatello.

References

External links

* Venture capital firms of the United States Private equity firms of the United States Companies based in Chicago Financial services companies established in 2010 2010 establishments in Illinois {{US-private-equity-company-stub

Investments

Partners

See also

References

External links