Lightbank

Lightbank
Financial organization/venture fund
Industry finance
Founded 2010
Founder
Headquarters Chicago, USA
Key people
Website lightbank.com

Lightbank is a financial organization that specializes in making venture capital investments in "disruptive" technology companies in the United States including seed investments, Series A round and late-stage investments.[1][2][3][4][5] It combines investment with guidance and direct involvement with the companies it invests in. Unlike most investors in technology companies, it does not concentrate its investments in Silicon Valley, but prefers to have a presence across the United States. It was founded by Brad Keywell and Eric Lefkofsky. It is headquartered in Chicago and it has made investments in companies in Chicago, New York City, Omaha and the Bay Area.[2]

Investments

Lightbank has invested in a number of companies,[6] including the deal-of-the-day website Groupon. Lightbank's Eric Lefkofsky and Brad Keywell were two of the original co-founders, along with Andrew Mason of Groupon.[7]

Other Lightbank investments include Mediaocean, InnerWorkings, loyalty startup Belly, test preparation service BenchPrep, Qwiki, ClusterFlunk and HighGround.[6]

References

  1. Rogers, Bruce (2012-10-24). "How Chicago-Based Lightbank Is Fixing A Broken VC Model". Forbes. Retrieved 2012-12-24.
  2. 1 2 Rao, Leena (2012-12-23). "Lightbank Aims To Change The VC Game As It Expands Its Investments Beyond Chicago". TechCrunch. Retrieved 2012-12-24.
  3. Baverman, Laura (2012-12-20). "Lightbank and Kleiner Perkins create Windy City vs. Silicon Valley design fight". Bizjournals. Retrieved 2012-12-24.
  4. Marek, Lynne (2012-06-11). "Lightbank shines on more startups". Crain's Chicago Business. Retrieved 2012-12-24.
  5. Ricketts, Camille (2010-03-15). "Groupon founders launch $100M 'Lightbank' fund to seed Chicago startups". VentureBeat. Retrieved 2012-12-24.
  6. 1 2 "Portfolio". Lightbank. Retrieved 2012-12-25.
  7. Business Insider "INSIDE GROUPON: The Truth About The World's Most Controversial Company" October 31, 2011

External links


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