Lightspeed

Depth is our center of gravity. Complete immersion is the heart of our philosophy on investing - dedicating ourselves to our Founders’ businesses and growing with them means we can build something truly impactful. Because possibility grows the deeper you go. https://lsvp.com/

Last year, Terry Chen, COO of Modulate, and his team were recognized as Best Interactive Technology on the Game Changers list – Lightspeed and GamesBeat’s annual list celebrating startups in gaming and interactive media. Watch as Terry shares his experience and what he’s excited about for the future of narrative technology. Submissions are open for ??more days! Don’t miss your chance to apply and nominate your favorite gaming startups by September 15th: https://lnkd.in/gtVsN_-N

Innovation today isn’t just about keeping up—it’s about predicting where technology will be. Gustav S?derstr?m, Co-President, CPO & CTO at Spotify, did just that with Spotify’s AI DJ, a feature that will build a playlist based on your music taste. His team began developing it more than a year in advance, confident that voice models and LLMs would soon reach near-human quality. That early investment paid off, allowing them to launch AI DJ just as AI entered the mainstream. Catch the full conversation between Gustav and Lightspeed Partner Michael Mignano on this rerun episode of the Generative Now Podcast to learn more: Watch the full episode here: Spotify: https://spoti.fi/3MEmIvs Apple: https://apple.co/3AY5cQi YouTube: https://bit.ly/4d2xc2q

This year, Business Insider asked leading venture capitalists to name the most promising AI startups of 2024 so far. Congratulations to Lightspeed-backed Abridge, Glean, intenseye, Inworld AI, and Typeface for being recognized among the top 44 AI companies of 2024 and leading across sectors in healthcare, fintech, gaming, and more. Check out the full list here: https://bit.ly/3MDVFQH

Los Angeles—mark your calendars. Our next #GenLA event is set for Wednesday, September 25th, at 6:00 p.m. Join us for an interactive discussion with industry leaders shaping the AI landscape. The panel will feature Cosmin Nicolaescu, CTO at Brex, and Drew Tennenbaum, VP of Engineering at PayPal. After the panel, stick around for a cocktail reception where you can continue the conversation and network. Register here: https://lnkd.in/gtqM2CwS

Yesterday, Lightspeed Partner Guru Chahal, joined industry leaders at the 2024 Goldman Sachs Communacopia and Technology Conference. He shared his thoughts on the future of knowledge work and AI, specifically how HR and CRM are a trillion-dollar industry ripe for disruption. While startups are driving innovation, incumbents may be better positioned to leverage their data and reshape the market. Read more on Fortune: https://bit.ly/47qs5aX Cc: Allie Garfinkle #GSCommunacopiaTech

For security teams managing enterprise cloud environments, it's no longer just about human users—machines are now also accessing critical data from locations around the world. Lightspeed-backed P0 Security is addressing this challenge with the first platform that provides complete visibility and control into who or what is accessing cloud resources. Congratulations to Co-Founders Shashwat Sehgal, Gergely Dányi, Nathan Brahms, and their entire team on securing a $15M Series A round. We look forward to continuing to partner with them through the next stage of scaling their go-to-market and engineering teams. Read more: https://lnkd.in/gYFqK_-e

Congratulations to Lightspeed-backed Glean for raising a $260 million Series E round. Arvind Jain, Co-Founder and CEO, and the team are transforming how businesses integrate AI into their daily operations. Glean’s mission is to bring Work AI to everyone. With the launch of Glean Work AI, businesses can now deploy AI at scale, building custom AI agents and apps that automate tasks. Their latest product update, next-generation prompting, introduces multi-step prompts, a prompt builder, and a prompt library, making AI more intuitive and collaborative for all teams. This funding will support Glean’s growth, helping enterprises adopt AI at scale. https://lnkd.in/e-k7FMQz

We’re only 5 days away from closing out submissions and nominations for Game Changers 2025! ICYMI Game Changers is an annual list, in partnership with GamesBeat, recognizing the 25 most innovative gaming and interactive media startups of the year. Our theme for this year highlights the resilience and adaptation of gaming and interactive media companies. Nominate a startup – or your own – before it’s ‘game over.’ Submissions are open through September 15th. https://lnkd.in/gtVsN_-N cc: Dean Takahashi, Moritz Baier-Lentz ??

Since 2016, Aaron Schumm, Founder and CEO of Lightspeed-backed Vestwell, and his team are making a real impact by offering people easy access to quality savings tools and technology. Vestwell's cloud-based, modern recordkeeping platform is designed to grow savings and retirement plans for users nationwide. As Vestwell celebrates this anniversary, we're happy to be part of their journey and look forward to celebrating many more milestones with the team.