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 Venture Partners Xiv-B (ignite), L.P.

Lightspeed Venture Partners Xiv-B (ignite), L.P.

Active deploymentUnknownFeeder or parallelADV: Venture Capital FundLightspeed Venture Partners
Amounts, each with its basis
Vintage
2022basis: adv first reported
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
unknownwhat may be sold, not what was raised
Form D sold
unknown
First sale
unknown
Reported GAV
$1.3Bon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
202
Reported on ADV
Mar 25, 2022 to Mar 29, 2024
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Active deployment
vintage 2 to 4 years
age years: 4first sale: n/avintage year: $2,022adv gav as of: 2024-03-29vintage basis: adv_first_reportedform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 25, 2022Venture Capital Fund$420M
922%yes
Mar 29, 2023Venture Capital Fund$1.1B
2012%yes
Mar 29, 2024Venture Capital Fund$1.3B
2022%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
California Public Employees' Retirement System calpers.ca.gov2022$55.0M$49.0M$0$101M37.0%2.1xDec 31, 2025

Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).

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. Dec 31, 2025
    CalPERS reports Lightspeed Venture Partners XIV-B (Ignite), L.P.: $55,000,000 committed, vintage 2022, net IRR 37.0%, 2.1x
  2. Mar 25, 2022
    Lightspeed Venture Partners Xiv-B (ignite), L.P. first reported on Form ADV by Lightspeed Venture Partners (Venture Capital Fund), GAV $420,122,997
Evidence
2 observations
Every observation on this vehicle