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User:Vipul/Lightbank

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Lightbank
Company typeFinancial organization/venture fund
Industryfinance
Founder
Key people
Websitelightbank.com

Lightbank is a financial organization that specializes in making venture capital investments in "disruptive" technology companies in the United States ranging from seed investments to Series A all the way to late-stage investments. 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, and it 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 (Nebraska) and the Bay Area.[1]

Investments[edit]

Lightbank has invested in a number of companies[2] the most famous of which is deal-of-the-day website Groupon. In fact, Lightbank's Eric Lefkofsky and Brad Keywell are credited as co-founders of Groupon, along with principal founder Andrew Mason. Other Lightbank investments include Mediaocean, InnerWorkings, loyalty startup Belly, test preparation service BenchPrep, Qwiki, and many others.[2]

Media coverage[edit]

Lightbank has been covered in many media publications including Forbes,[3] TechCrunch[1], Bizjournals,[4] Crain's Chicago Business,[5] and VentureBeat.[6]

References[edit]

  1. ^ a b Rao, Leena (2012-12-23). "Lightbank Aims To Change The VC Game As It Expands Its Investments Beyond Chicago". TechCrunch. Retrieved 2012-12-24.
  2. ^ a b "Portfolio". Lightbank. Retrieved 2012-12-25.
  3. ^ Rogers, Bruce (2012-10-24). "How Chicago-Based Lightbank Is Fixing A Broken VC Model". Forbes. Retrieved 2012-12-24. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  4. ^ Baverman, Laura (2012-12-20). "Lightbank and Kleiner Perkins create Windy City vs. Silicon Valley design fight". Bizjournals. Retrieved 2012-12-24. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  5. ^ Marek, Lynne (2012-06-11). "Lightbank shines on more startups". Crain's Chicago Business. Retrieved 2012-12-24. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  6. ^ Ricketts, Camille (2010-03-15). "Groupon founders launch $100M 'Lightbank' fund to seed Chicago startups". VentureBeat. Retrieved 2012-12-24. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)

External links[edit]