# Lightbank

Investor in Chicago, Illinois

## About Lightbank

Lightbank is a venture capital firm founded in 2010 in Chicago, Illinois, by Groupon co-founders Eric Lefkofsky and Brad Keywell. The firm manages roughly $700M in AUM, investing across AI, SaaS, marketplaces, healthcare, fintech, crypto, and consumer technology sectors.

Lightbank takes a highly hands-on, operator-led approach, with its founders personally involved across portfolio companies, providing mentorship, network access, and operational guidance beyond capital, akin to a "mini Berkshire Hathaway" model rather than a traditional passive VC fund.

The firm typically invests from pre-seed through Series A, with check sizes ranging from $250K to $5M. Notable investments include Groupon, Fiverr, Udemy, Sprout Social, SpotHero, Tempus AI, and CancerIQ, reflecting a focus on disruptive, technology-driven business models across diverse industries.

## People

- **Matt Sacks**, Co-Managing Partner

## Key Facts

- **Location:** Chicago, Illinois
- **Investor Type:** Venture Capital
- **Investment Range:** $100,000 – $5,000,000
- **Founded:** 2010

## Investment Industries

- Artificial Intelligence (AI)
- Cryptocurrency/Blockchain
- E-Commerce
- Fintech
- Medical/Healthcare
- Technology/Web/App
- Other

## How to Contact

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