Managers/Private equity/California/Lightspeed Faction

Lightspeed Faction

Lightspeed Faction is a private equity and venture manager in Palo Alto, CA. It is registered with the SEC as an investment adviser with $432.6M in regulatory assets and 8 staff. It has 21 funds on file, the latest reported in August 2026.

Funds on file
21
Raised, all funds
$7.2B
Regulatory assets
$432.6M
Staff
8
Pension investors
4
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Aug 2026 Lightspeed AI Renaissance Fund, L.P. Private equity $0 Not given
Jul 2026 Lightspeed Platinum, L.P. Venture $0 Not given
Jun 2026 Lightspeed Velocity Fund, L.P. Venture $0 Not given
Jun 2026 LS Opportunities Access Fund IV, L.P. Venture $0 Not given
Apr 2026 Lightspeed M2, L.P. Venture $0 Not given
Mar 2026 Lightspeed Faction Fund II, LP Venture $0 $200M
Mar 2026 Lightspeed Faction Fund II US Feeder, LP Venture $0 $200M
Mar 2026 Lightspeed Faction Principals Fund II, LP Venture $0 $200M
Dec 2025 Lightspeed Opportunity Fund III, L.P. Venture $3.3B Not given
Dec 2025 Lightspeed Venture Partners Select VI, L.P. Venture $1.7B Not given
Dec 2025 Lightspeed Venture Partners XV-A (Inception), L.P. Venture $977.7M Not given
Dec 2025 Lightspeed Venture Partners XV-B (Ignite), L.P. Venture $1.2B Not given
Oct 2025 LS Opportunities Access Fund III, L.P. Venture $0 Not given
Nov 2024 Lightspeed Ascent Fund, L.P. Venture $0 Not given
Feb 2023 LS Opportunities Access Fund, L.P. Venture $0 Not given
Jul 2022 Lightspeed Faction Fund I, LP Venture $0 Not given
Jul 2022 Lightspeed Faction Fund I US Feeder, LP Venture $0 Not given
Nov 2021 Lightspeed Opportunity Fund II, L.P. Venture $0 Not given
Nov 2021 Lightspeed Venture Partners Select V, L.P. Venture $0 Not given
Nov 2021 Lightspeed Venture Partners XIV-A (Inception), L.P. Venture $0 Not given
Nov 2021 Lightspeed Venture Partners XIV-B (Ignite), L.P. Venture $0 Not given

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$432.6M
Employees8
Clients5 private funds.
Control personsBarry, Francis Eggers, Banafsheh Fathieh, Samuel Harrison, Ravi, Brian Mhatre, Peter, Yao-ping Nieh.
Private funds1 private funds holding $81.5M in gross assets.

Private funds it reports

FundTypeGross assets
Lightspeed Faction Fund I Venture $81.5M