lightspeed ventures

TC Startup Battlefield master class with Lightspeed Ventures: Use generative AI to supercharge efficiency

Raviraj Jain, partner at Lightspeed Ventures, explains how early-stage startups will be impacted by GenAI, and what to look out for.

Eve launches to bring LLMs to the legal profession

In 2020, Jay Madheswaran, Matt Noe and David Zeng, all veterans of the tech industry, had a vision to harness the power of large language models (à la OpenAI’s ChatGPT) to shake up the legal pr

Patronus AI conjures up an LLM evaluation tool for regulated industries

It turns out that when you put together two AI experts, both of whom formerly worked at Meta researching responsible AI, magic happens. The founders of Patronus AI came together last March to build a

India’s Exponent Energy may have found the secret to 15-min rapid EV charging

Bangalore-based Exponent Energy might have come up with a way to deliver 15-minute rapid charging for electric vehicles. The startup, which just raised a $13 million Series A, relies on a combination

Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants

The company is working now with hundreds of merchants and dozens of B2B marketplaces, a 10-time increase since last year.

Notch will sell you insurance in case your Instagram gets hacked

Getting hacked sucks. It’s even worse if you’re a digital creator whose social media accounts literally pay your bills. When creators get hacked, it can mean that they aren’t able to

WorkOS raises $80M to add enterprise features like SSO to apps

WorkOS, a platform that lets developers add enterprise features like single sign-on (SSO) and directory sync to apps, today announced that it raised $80 million in a Series B funding round led by Gree

Alchemy, which aims to be the ‘de facto platform’ for developers to build on web3, is now valued at $10.2B

As proof that web3 is not some passing trend, blockchain infrastructure startup Alchemy announced today that it has closed on a $200 million Series C1 equity round that values the company at $10.2 bil

Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks

Big banks are under a lot of pressure to modernize their services to meet demands of consumers who now view as table stakes things like mobile apps that identify who and where you are; or instant, on-

Seel secures $17M round to infuse AI in customer product returns

Merchants can add “return assurance” to an order, if it is returned in the next 30 days, Seel, instead of the merchant, will pay for the refund.

How Lunchclub landed a preemptive term sheet from Lightspeed

In less than seven days, Lunchclub co-founder Vlad Novakovski had a sizable term sheet in hand from Lightspeed Ventures, despite his startup not looking to raise at the time. How did that happen?

Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform’

Balance, a payments platform aimed at B2B merchants and marketplaces, has raised $25 million in a Series A funding round led by Ribbit Capital. Avid Ventures participated in the financing, in addition

Twitter-backed Indian social network ShareChat raises $40 million

ShareChat, an Indian social network that focuses entirely on serving users in non-English languages, said on Thursday it has raised $40 million from a clutch of investors after the Indian startup adde

Edtech exits show a need for better plumbing

The world’s massive experiment with remote learning has done more than emphasize the cracks in the way we learn. It’s brought much needed attention and capital to potential solutions. But it’s n

Holloway launches in-depth startup guides, aims to rewrite publishing with $4.6M from NYT, tech VCs

Founders need to get smart quickly about the many nuanced aspects of building a company, from understanding weird language in a big term sheet to hiring a key software developer. But the best practica

Moving deeper into enterprise cloud, Intel picks up Barefoot Networks

When it launched out of stealth just three years ago, Barefoot Networks was hailed as a company that would transform the way a generation of computing giants like Facebook, Alphabet, Amazon and Micros

Airbnb-backed OYO moves into Europe, buys Leisure Group from Axel Springer for $415M

OYO, the fast-growing budget hotel startup out of India that’s backed by Airbnb, SoftBank, Grab and Didi, has made an acquisition to expand its footprint into Europe, specifically around self-ca

Byju’s targets global expansion for its digital education service after raising $540M

India-based educational startup Byju’s was widely reported to have raised a massive $400 million round, and now the company is making things official. The 10-year-old company revealed today it h

KZen raises $4 million to bring sanity to crypto wallets

KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Benson Oak Ventures,

HQ Trivia names new CEO and teases upcoming Wheel of Fortune-style game

HQ Trivia co-founder Colin Kroll, formerly the company’s CTO, will take over as CEO. He’s replacing Rus Yusupov, who will now serve as HQ’s chief creative officer. According to Digiday, who fir
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