Light Street Capital Management, LLC

SEC-registered investment adviser.

Light Street Capital Management invests in disruptive technology businesses globally.

01 · Says / Does

Tag	Says	Does	Historically (to 2020)
Stages	Not stated	Not enough dated deals	Growth
Sectors	Not stated	Not enough dated deals	Enterprise SaaS, Ecommerce, Mobility, Consumer, Marketplaces
Regions	Global	Not enough dated deals	CA, MA

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

Historical focus (through 2020), derived from historical deal data.

Year	Deals	Top sectors
2015	2	Consumer, Ecommerce, Mobility
2016	2	Ecommerce, Consumer
2018	1	Mobility
2019	10	Enterprise SaaS, Marketplaces, Media
2020	1	Enterprise SaaS

Share of rounds by stage, per year. Striped years have fewer than 3 rounds.Historical focus (through 2020), derived from historical deal data.

Rounds by stage and year
Year	Pre-seed	Seed	Series A	Series B	Growth
2015	0	0	0	0	2
2016	0	0	0	0	2
2017	0	0	0	0	0
2018	0	0	0	0	1
2019	0	0	0	0	6
2020	0	0	0	0	1
2021	0	0	0	0	0
2022	0	0	0	0	0
2023	0	0	0	0	0
2024	0	0	0	0	0
2025	0	0	0	0	0
2026	0	0	0	0	0

Fund	Year	Size	Status
Light Street Beacon III, L.P. Light Street Capital invests in disruptive technology businesses globally, including through private investments made by its closed-end funds. Inferred from the firm's website	approx. 2025	$450M (Form D)	Raising
Light Street Beacon II, L.P.	2021	$158.2M to $175.6M (Form D)	Follow-ons only

Glen Kacher, Managing Member of the General Partner
Light Street Beacon III, L.P. (Named on Form D); Light Street Beacon II, L.P. (Named on Form D)

No dated deals found yet.

No news from the firm's website yet.

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026