Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm that backs startups across enterprise software, consumer technologies, fintech, healthtech, and cleantech from seed through growth stages. Founded in 2000 and headquartered in Menlo Park, California, it maintains offices in Beijing, Shanghai, New Delhi, and Herzliya to engage markets in the United States, Asia, and Israel. The firm focuses on technology-enabled businesses and has supported companies across software, mobile, data, e-commerce, and services, spanning early-stage to expansion rounds. It offers strategic guidance, network access, and capital, and has historically included debt financing as part of its investment approach. With a multi-region footprint and a broad multi-stage mandate, Lightspeed seeks to partner with entrepreneurs to scale innovative companies globally.

Shaurya Aggarwal

Partner

Vaibhav Agrawal

Associate Partner

James Alcorn

Partner

Moritz Baier-Lentz

Partner and Head of Gaming

Mercedes Bent

Partner

Past deals in Smart Home

Summer

Series A in 2023
Summer is a property management company that specializes in facilitating access to vacation homes through a unique rent-to-own program combined with short-term rentals. The company operates a homeownership platform designed to assist clients in purchasing second homes while also offering the opportunity to rent them out. By lowering entry and ongoing costs and minimizing the complexities associated with traditional real estate transactions, Summer enables users to easily find move-in-ready homes or select their ideal second home. Through its services, Summer aims to simplify the process of homeownership and enhance the vacation rental experience for clients.

House X

Venture Round in 2023
HOUSE X™ is a consumer-focused residential real estate brokerage and Smart Home Marketplace. They empower homebuyers with real time listing information and better data to help their clients make more informed buying decisions. House X partners with their clients by leveraging their negotiating power on your behalf. While also providing free 100% renewable electricity for 2-5 years on participating new homes, at zero cost to the homebuyer, they expand your buying power and lower your monthly bills. HOUSE X is supported by a network of Certified Brokers, Agents and Personal Assistants with local expertise and local relationships. Their clients are encouraged to partner and participate in the entire process of shopping or buying a home. HOUSE X will then help transform the home into a Smart Zero Energy Home that costs less to own, operate, protect and maintain. The HOUSE X website features more new homes for sale in market areas than other online sources including Realtor.com, Zillow or MLS sites. Their website features thousands of new and existing homes for sale including MLS listings, new homes and off-market listings. HOUSE X mapping technology and data provides home shoppers a comprehensive overview to evaluate and compare homes - delivered in an easy to understand HOUSE X Market Report. House X formatted neighborhood reports are like “CARFAX for neighborhoods”. Built from the largest database of neighborhood statistics available today, each report contains over 250 must-see statistics, providing revealing insights about any location. House X Reports include real estate and home values, lifestyle and demographics, crime risk, and school quality. Enter an address and a House X Neighborhood Report is returned to you. The company serves as the primary manager of American Dream 2021 Pilot Project featuring over 30,000 participating new smart homes in California, Delaware, Florida, Georgia, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and other markets. The House X leadership team has over 300 years of experience and have been recognized with over 400 national, regional and local real estate marketing awards.

Summer

Seed Round in 2022
Summer is a property management company that specializes in facilitating access to vacation homes through a unique rent-to-own program combined with short-term rentals. The company operates a homeownership platform designed to assist clients in purchasing second homes while also offering the opportunity to rent them out. By lowering entry and ongoing costs and minimizing the complexities associated with traditional real estate transactions, Summer enables users to easily find move-in-ready homes or select their ideal second home. Through its services, Summer aims to simplify the process of homeownership and enhance the vacation rental experience for clients.

Urtopia

Seed Round in 2022
Urtopia is a company focused on designing and developing innovative e-bikes and smart commuting solutions aimed at enhancing urban living. With a vision of creating a new urban utopia, Urtopia combines futuristic design with advanced technology to improve the biking experience and promote a healthier lifestyle. The company integrates various IoT sensors, including fingerprint recognition, torque sensors, gyroscopes, mmWave radar, and GPS, into its products. These e-bikes feature smart functionalities such as cellphone unlocking, voice control, remote tracking, and riding activity analysis, providing riders with a greener and more efficient mode of transportation. Urtopia's offerings empower urbanites to travel happily and healthily, redefining urban mobility and encouraging a lifestyle that embraces freedom and sustainability.

SleepSpace

Venture Round in 2018
SleepSpace is a pioneering company that has developed the first Sleep Operating System aimed at transforming the smart bedroom with integrated technologies. By harnessing the science of sound, vibration, and light, SleepSpace enhances the sleep experience and offers more accurate sleep measurements than traditional wearables. Its proprietary nearable sensing technology allows smartphones to function as smart beds, providing valuable insights for both users and clinicians. The company's platform enables healthcare professionals to deliver personalized sleep programs while gaining comprehensive data on patients' sleep patterns. SleepSpace has established partnerships with major mattress brands, hotels, and corporate wellness initiatives, underscoring its commitment to improving sleep health. Additionally, the company has received substantial funding through grants from the National Institutes of Health, further validating its innovative approach to sleep improvement.

Liking Fit

Series C in 2018
Liking Fit is a Chinese franchise smart gym operator, established in September 2014 and headquartered in Shanghai. The company specializes in the development and operation of 24-hour intelligent gyms, utilizing an online platform that allows users to access facilities via a mobile app or smartwatches. This innovative approach enables members to engage in fitness activities at their convenience while also monitoring their health data on the cloud. Liking Fit supports its franchisees by providing a comprehensive range of services, including gym outfitting, smart technical assistance, training, promotion, and post-management. The franchise model allows for a unique unmanned management system, where franchisees can oversee operations through mobile devices. Currently, Liking Fit has formed strategic partnerships with notable real estate companies and has established over 100 franchise locations worldwide.

Xpeng Motors

Series A in 2017
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Airburg

Venture Round in 2017
Airburg is a company that specializes in the development of innovative air purifiers designed to enhance indoor air quality by bringing in purified outdoor air while expelling polluted indoor air. Unlike conventional air purifiers that necessitate the closing of windows and doors, Airburg's products operate effectively with openings, contributing to reduced carbon dioxide levels in the home. Founded in 2014, the company also offers an air quality monitor that allows users to track fine particulate matter levels through a mobile app, providing real-time data to promote healthier living. Airburg's intelligent air service system is connected to the cloud, ensuring users have access to important air quality information at their fingertips.

A.I. Nemo

Series B in 2016
A.I. Nemo develops hardware, home appliances, and a family companion robot. A.I. Nemo was established in March 2014 and is an innovative company dedicated to developing Internet hardware and smart home appliances. The company at the beginning of the creation of the speed of light to get the vibration and innovation workshop A round of investment.

A.I. Nemo

Series A in 2014
A.I. Nemo develops hardware, home appliances, and a family companion robot. A.I. Nemo was established in March 2014 and is an innovative company dedicated to developing Internet hardware and smart home appliances. The company at the beginning of the creation of the speed of light to get the vibration and innovation workshop A round of investment.

Tomoon

Series A in 2014
Tomoon is a leading provider of smart device solutions in China, specializing in wearable technology and intelligent equipment. The company's product lineup includes Bluetooth speakers, smartwatches, and various electronic devices designed to enhance user experience. Committed to innovation, Tomoon focuses on developing advanced devices and optimizing solutions that aim to enrich the lives of millions of consumers. The company's technical team embodies a spirit of creativity and expertise, driving the development of unique and high-quality products in the rapidly evolving smart technology market.

Nest Labs

Series B in 2011
Nest Labs is a company specializing in home automation products, particularly known for its innovative, programmable, self-learning thermostats and security systems. The Nest Learning Thermostat, launched in 2011, was the company's flagship product, designed to reduce energy consumption by learning user preferences and adjusting temperatures accordingly. Following this success, Nest Labs introduced the Nest Protect in October 2013, a smoke and carbon monoxide detector. The company further expanded its product line with the introduction of the Nest Cam in June 2015, after acquiring Dropcam. Nest Labs focuses on enhancing home safety and efficiency through technology, providing users with convenience while promoting energy savings.

Peel

Series B in 2011
Peel is revolutionizing the home entertainment and home control experience by integrating device control and content discovery into one easy-to-navigate universal Peel Smart Remote app and platform, which has 130M-plus registered users globally, generating 10 billion remote commands a month. Peel drives brand engagement and TV tune-in through its True Tune-in™ products, which are used by major TV networks, such as CW, HISTORY, and National Geographic to promote trackable viewership.
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