Chicago-based venture firm founded by Groupon investors Eric Lefkofsky and Brad Keywell.
Portfolio
3
companies
Basket
Basket is a shopping application that lets users curate web purchases and track price drops.
Intent Technologies
Intent Technologies provides a universal shopping cart and wish list application for online consumers.
Valarian
Valarian provides sovereign infrastructure and governance platforms for AI and critical workloads.
Eric Lefkosky
Co-founder
Matt Sacks
Co-Managing Partner
Matt serves as co-managing partner at Lightbank and co-founder and executive chairman of Luminary Media. His background includes investment roles at New Enterprise Associates and Goldman Sachs.
LinkedIn
Eric Lefkofsky
Eric brings operating and founding experience from several businesses, including Tempus, Groupon, and Lightbank.
LinkedIn
Brad Keywell
Brad serves as founder and executive chairman of Gigawatt.ai and co-founder of Infinite Epigenetics, alongside board roles at TKO, WWE, and the Ultimate Fighting Championship.
LinkedInNew Enterprise Associates leads the Series A round for the London-based infrastructure provider, bringing total funding to $70m.
"We built Valarian because sovereignty isn't a feature you can add later. It's architecture you have to build from the ground up."
The seed round was led by Lightbank with participation from notable angel investors.
"We only partner with talented teams that can move fast and scale quickly, and Basket is no exception. Basket’s world class product, built by their exceptional and cherry-picked team, will capture the attention of shoppers across the globe and solve the biggest challenges faced by retailers. We are very excited to invest in the UK’s next unicorn, who are shaking up the online shopping experience"
The round was backed by Lightbank, Darren Westlake, Justine Roberts, and Jonathan Quin.
"I love to bag a bargain but like many busy people, I struggle to find time to track deals and reductions and I know the frustration of missing out on savings, especially when looking for holidays and bigger ticket purchases."