Lightbank
SEC exempt reporting adviser (venture capital exemption).
- Website
- https://www.lightbank.com
- HQ
- IL
Lightbank is a venture firm with a team that includes Anish Aggarwal, Stephen Baron, Nupur Balain, and Eric Lefkofsky, among others. Its portfolio companies include 1up, Boom, Pathos, Justpoint, Paytient, which helps Americans access and afford healthcare, Pyka, Sparkplug, which helps frontline workers earn like owners, Vinesight, Tempus, Claim, and Super, a savings super app.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Seed, Series A, Series B |
| Sectors | Not stated | Not enough dated deals | Consumer, Media, Enterprise SaaS, Ecommerce, Fintech, Marketplaces |
| Regions | Not stated | Not enough dated deals | IL, CA, NY |
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 |
|---|---|---|
| 2010 | 7 | Media, Enterprise SaaS, Edtech |
| 2011 | 28 | Fintech, Ecommerce, Enterprise SaaS |
| 2012 | 34 | Ecommerce, Consumer, Fintech |
| 2013 | 16 | Consumer, Digital health, Healthtech |
| 2014 | 20 | Media, Enterprise SaaS, Consumer |
| 2015 | 13 | Consumer, Enterprise SaaS, Digital health |
| 2016 | 15 | Enterprise SaaS, Consumer, HR and future of work |
| 2017 | 5 | Consumer, Ecommerce, Fintech |
| 2018 | 5 | Cybersecurity, Mobility, Consumer |
| 2019 | 4 | Fintech, Consumer, Healthtech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 4 | 0 | 0 |
| 2011 | 0 | 10 | 6 | 0 | 0 |
| 2012 | 0 | 15 | 9 | 4 | 0 |
| 2013 | 0 | 8 | 1 | 2 | 1 |
| 2014 | 0 | 7 | 3 | 4 | 2 |
| 2015 | 0 | 3 | 5 | 1 | 1 |
| 2016 | 0 | 6 | 7 | 1 | 0 |
| 2017 | 0 | 1 | 2 | 1 | 0 |
| 2018 | 0 | 3 | 0 | 1 | 1 |
| 2019 | 1 | 0 | 0 | 2 | 0 |
| 2020 | 0 | 0 | 0 | 0 | 0 |
| 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 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| LB Access I, L.P. Lightbank backs startups across consumer, healthcare access, fintech, and media. Its portfolio includes companies helping marketers reach Gen Z shoppers, expanding access to healthcare, and combating online misinformation. Inferred from the firm's portfolio companies | approx. 2025 | $200M (Form D) | Raising |
| LB III, L.P. Lightbank backs startups across consumer, healthcare access, fintech, and media. Its portfolio includes companies helping marketers reach Gen Z shoppers, expanding access to healthcare, and combating online misinformation. Inferred from the firm's portfolio companies | 2022 | $289M (Form D) | Open, writing first checks |
| Lightbank II, L.P. | 2020 | $181.91M to $240M (Form D) | Follow-ons only |
03 · People across funds
- Eric Lefkofsky
LB Access I, L.P. (Named on Form D); LB III, L.P. (Named on Form D); Lightbank II, L.P. (Named on Form D)
- Achintya Chaudhari
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Andrew Heinlein
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Anish Aggarwal
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Ayaan Patel
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Bill Pescatello
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Ellie Shuda
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Eric Ong
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Hank Couture
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- James McGibbon
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Joe Hayes
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Lauren von Reyn
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Maria Heyen
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Matt Sacks
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Mike Mauceri
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Nupur Balain
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Rick Ginsberg
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Ryan Hrabak
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Stephen Baron
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
- Zack Malkin
LB Access I, L.P. (Team); LB III, L.P. (Team); Lightbank II, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.lightbank.com
- https://www.lightbank.com/
- https://www.lightbank.com/blog
- https://www.lightbank.com/team
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026