Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Lightspeed Spv I-B, LLC

Lightspeed Spv I-B, LLC

HarvestClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundLightspeed Venture PartnersDelaware
Amounts, each with its basis
Vintage
2018basis: form d first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
$120Mwhat may be sold, not what was raised; file 021-332506, sworn by the adviser or filed under this vehicle
Form D sold
$120Mas of the filing of Feb 8, 2019, 8 investors
First sale
Nov 29, 2018
Reported GAV
$113Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
11
Reported on ADV
Mar 29, 2019 to Sep 14, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2019-02-08: the stated $120.0M offering reported fully sold (fr-1)
evidence dated Feb 8, 2019. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 8first sale: 2018-11-29vintage year: $2,018adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $120Mform d offering usd: $120Mform d latest filed at: 2019-02-08
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2019Venture Capital Fund$120M
80%yes
Nov 25, 2019Venture Capital Fund$120M
80%yes
Mar 27, 2020Venture Capital Fund$134M
80%yes
Mar 29, 2021Venture Capital Fund$120M
80%yes
Mar 25, 2022Venture Capital Fund$120M
100%yes
Mar 29, 2023Venture Capital Fund$120M
100%yes
Mar 29, 2024Venture Capital Fund$186M
100%yes
Sep 14, 2026$113M
110%
Principals and agents
7 principals on Form D, 0 placement agents
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
2 events
  1. Mar 29, 2019
    Lightspeed Spv I-B, LLC first reported on Form ADV by Lightspeed Venture Partners (Venture Capital Fund), GAV $119,999,992
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Feb 8, 2019
    Lightspeed SPV I-B, LLC filed Form D: $120,000,000 sold of $120,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
33 observations
Every observation on this vehicle