DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Lightspeed Venture Partners
Legal name Lightspeed Management Company, L.L.C.
Latest filing May 6, 2026
First filing on the tape Mar 27, 2025 · 3 filings
SEC status approved since Apr 28, 2025
RAUM
$50B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
132
125 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
51
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$50B as of May 6, 2026
Mar 27, 2025$31B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 6, 2026
Mar 27, 20250 then
Employees (5.A)132 as of May 6, 2026
Mar 27, 2025137 then
Private funds51 as of May 6, 2026
Mar 27, 202543 then
RAUM +60% over the last fiscal yearIARs 0 to 0offices 7 to 6
Practice profile
derived from the filing of May 6, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $980MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 95%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived7 offices incl. principal (1.F.5)
- RAUM growth, one year
- +60%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- yesreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$50B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 51reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
45 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Lightspeed Venture Partners Select III, L.P. | Venture Capital Fund | $2.6B | 142 | Mar 29, 2019 |
| Lightspeed Venture Partners Select IV, L.P. | Venture Capital Fund | $2.5B | 183 | Mar 29, 2021 |
| Lightspeed Opportunity Fund II, L.P. | Venture Capital Fund | $2.3B | 104 | Mar 25, 2022 |
| Lightspeed Venture Partners Select V, L.P. | Venture Capital Fund | $2.2B | 216 | Mar 25, 2022 |
| Lightspeed Venture Partners Ix, L.P. | Venture Capital Fund | $2.1B | 70 | Apr 2, 2012 |
| Lightspeed Venture Partners X, L.P. | Venture Capital Fund | $2.0B | 90 | Apr 2, 2014 |
| Lightspeed Venture Partners Xi, L.P. | Venture Capital Fund | $1.9B | 101 | Mar 29, 2016 |
| Lightspeed Venture Partners Xii, L.P. | Venture Capital Fund | $1.6B | 120 | Mar 29, 2019 |
| Lightspeed Opportunity Fund, L.P. | Venture Capital Fund | $1.5B | 50 | Nov 25, 2019 |
| Lightspeed Venture Partners Xiv-B (Ignite), L.P. | Venture Capital Fund | $1.3B | 202 | Mar 25, 2022 |
| Lightspeed Venture Partners Xiii, L.P. | Venture Capital Fund | $1.2B | 140 | Mar 29, 2021 |
| Lightspeed Venture Partners Select II, L.P. | Venture Capital Fund | $947M | 102 | Mar 29, 2016 |
| Lightspeed Venture Partners Xiv-A (Inception), L.P. | Venture Capital Fund | $866M | 202 | Mar 25, 2022 |
| Lightspeed Venture Partners Viii, L.P. | Venture Capital Fund | $517M | 85 | Apr 2, 2012 |
| Lsvp Viii Trust | Venture Capital Fund | $494M | 80 | Mar 29, 2024 |
| Lightspeed Venture Partners Select, L.P. | Venture Capital Fund | $338M | 84 | Apr 2, 2014 |
| Lightspeed Strategic Partners I L.P. | Venture Capital Fund | $295M | 3 | Mar 29, 2021 |
| Ls Opportunities Access Fund, L.P. | Venture Capital Fund | $295M | 3 | Mar 29, 2023 |
| Lightspeed Spv I, LLC | Venture Capital Fund | $292M | 21 | Mar 27, 2018 |
| Lightspeed Spv II, LLC | Venture Capital Fund | $217M | 19 | Mar 29, 2019 |
| Lightspeed Venture Partners Vii, L.P.no longer reported | Venture Capital Fund | $217M | 78 | Apr 2, 2012 |
| Lightspeed Spv I-B, LLC | Venture Capital Fund | $186M | 10 | Mar 29, 2019 |
| Lightspeed Spv I-C, LLC | Venture Capital Fund | $130M | 6 | Mar 29, 2021 |
| Lightspeed Spv II-B, LLC | Venture Capital Fund | $108M | 10 | Mar 29, 2021 |
| Lsvp Xb-F, LLC | Venture Capital Fund | $82.2M | 9 | Mar 25, 2022 |
| Lsvp Vii Trust, L.P. | Venture Capital Fund | $78.5M | 78 | Nov 25, 2019 |
| Lsvp Tipl-D Spv, LLC | Venture Capital Fund | $67.9M | 24 | Mar 29, 2021 |
| Lightspeed Spv Cn, LLC | Venture Capital Fund | $60.4M | 6 | Mar 25, 2022 |
| Lightspeed Spv Eg LLC | Venture Capital Fund | $59.0M | 2 | Mar 29, 2021 |
| Lightspeed Spv Ob LLC | Venture Capital Fund | $58.1M | 17 | Mar 29, 2021 |
| Xa Spv, LLC | Venture Capital Fund | $55.2M | 13 | Nov 25, 2019 |
| Lsvp-Scf1, LLC | Venture Capital Fund | $46.4M | 12 | Mar 25, 2022 |
| Lightspeed Affiliates X, L.P. | Venture Capital Fund | $44.1M | 68 | Mar 30, 2015 |
| Lightspeed Frontier I-M L.P. | Venture Capital Fund | $21.0M | 1 | Mar 29, 2021 |
| Tipl Spv, LLC | Venture Capital Fund | $16.1M | 8 | Nov 25, 2019 |
| Lightspeed Frontier I-N L.P. | Venture Capital Fund | $15.5M | 1 | Mar 29, 2021 |
| Lightspeed Frontier I-E L.P. | Venture Capital Fund | $12.5M | 1 | Mar 29, 2021 |
| Lightspeed Udaan, LLC | Venture Capital Fund | $12.2M | 3 | Mar 29, 2019 |
| Lightspeed Frontier I-S L.P. | Venture Capital Fund | $6.5M | 1 | Mar 29, 2023 |
| Lightspeed Oyo, LLC | Venture Capital Fund | $2.3M | 11 | Mar 29, 2019 |
Owners and control persons
Schedule A and B, latest filing
- Ashley Jessica Adams · Chief Compliance Officer And Counselcontrolsince 07/2024 · owns less than 5%
- Jonathan Ryan Connor · Chief Financial Officercontrolsince 03/2025 · owns less than 5%
- Francis Barry Eggers · Membercontrolsince 08/2005 · owns 10% to 25%
- Eugene Robert Horton · Chief Operating Officercontrolsince 02/2022 · owns less than 5%
- Brian Ravi Mhatre · Membercontrolsince 08/2005 · owns 10% to 25%
- Yao-Ping Peter Nieh · Membercontrolsince 08/2005 · owns 10% to 25%
- Andrew Brett Nissenberg · General Counselcontrolsince 05/2017 · owns less than 5%
- Robert Michael Romano · Chief Business Officercontrolsince 01/2022 · owns less than 5%
- Pradip Bejul Somaia · Membercontrolsince 01/2025 · owns 5% to 10%
- James Christopher Schaepe · Membersince 08/2005 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Lightspeed Venture Partners as a related person
- 318821 y
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Mar 26, 2026RAUM (Item 5.F) moved from $31,189,537,233 to $50,005,412,721 (+60.0%) between the annual amendments of 2025-03-27 and 2026-03-26; the peer median change was +15.0% (470 comparable advisers, 92.0th percentile of changes)peers: asset managers, $20B and over (470) · 92% percentile
What changed
consecutive filings, newest first
- Accounts · 43 to 51Mar 27, 2025 to Mar 26, 2026
- Advisory employees · 129 to 125Mar 27, 2025 to Mar 26, 2026
- Pooled vehicle clients · 43 to 51Mar 27, 2025 to Mar 26, 2026
- Employees · 137 to 132Mar 27, 2025 to Mar 26, 2026
- Other offices · 7 to 6Mar 27, 2025 to Mar 26, 2026
- Private funds · 43 to 51Mar 27, 2025 to Mar 26, 2026
- Discretionary RAUM · $31B to $47BMar 27, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $250M to $2.7BMar 27, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $31B to $50BMar 27, 2025 to Mar 26, 2026
- RAUM · $31B to $50BMar 27, 2025 to Mar 26, 2026
Signals
1 dated events
- Lightspeed Venture Partners reported RAUM $50.0B, up 60% from $31.2B (2025-03-27 to 2026-03-26)Mar 26, 2026 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Lightspeed Venture Partners · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/lightspeed-venture-partnersreportedpublic record, Form ADV, Sep 18, 2026
- Website
- lsvp.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 650-234-8300reportedpublic record, Form ADV, May 6, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026