Hottub VC
Join free

Lightspeed Venture Partners VII

Lightspeed Venture Partners Vintage — Reported by State of Michigan Retirement System (SMRS)

Net IRRN/MState of Michigan Retirement System (SMRS), as of December 31, 2025
TVPI—Total value / paid-in
DPI—Distributions / paid-in
Versus vintage—Not ranked

What each LP reports

LPAs ofCommittedPaid inDistributedRemaining valueNet IRRTVPIDPIPaid in vs. value
State of Michigan Retirement System (SMRS)2025-12-31————N/M——

Paid in Distributed Remaining value

Other reported funds by this firm

FundVintageNet IRRTVPIVersus vintage
Lightspeed Co-Investment Fund I2025242.3%2.67xTop quartile
Lightspeed Opportunity Fund III202549.4%1.38xTop quartile
Lightspeed SPV-A2025N/M4.40x
Lightspeed SPV-A 22025N/M1.80x
Lightspeed Venture Partners Fund XV-A (Inception)2025N/M—
Lightspeed Venture Partners Fund XV-B (Ignite)2025N/M—
Lightspeed Venture Partners Select VI2025N/M—
Lightspeed Venture Partners XV A Inception2025-1.7%0.99xThird quartile
Lightspeed Venture Partners XV B Ignite202558.5%1.39xTop quartile
Lightspeed Opportunity Fund III2024N/M1.60x
Lightspeed Opportunity Fund II202237.1%2.17xTop quartile
Lightspeed Venture Partners Select V2022N/M—
Lightspeed Venture Partners XIV202240.8%2.62xTop quartile
Lightspeed Venture Partners XIV-A (Inception) LP and Lightspeed Venture Partners XIV-B (Ignite)2022N/M—
Lightspeed Venture Partners XIV-A (Inception)202239.8%2.40xTop quartile
Lightspeed Venture Partners XIV-A, L.P. (Inception)2022N/M—
Lightspeed Venture Partners XIV-B (Ignite)202234.5%2.08xTop quartile
Lightspeed Venture Partners XIV-B, L.P. (Ignite)2022N/M—
Lightspeed Venture Partners Select IV2021N/M—
Lightspeed Venture Partners Select IV2020N/M—
Lightspeed Venture Partners XIII2020N/M—
Lightspeed Venture Partners Select III2018N/M—
Lightspeed Venture Partners XII2018N/M—
Lightspeed Venture Partners Select II2016N/M—
Lightspeed Venture Partners XI2016N/M—
Lightspeed Venture Partners Select2014N/M—
Lightspeed Venture Partners X2014N/M—
Lightspeed Venture Partners IX2011N/M—
Lightspeed Venture Partners VIII2008N/M—
Lightspeed Venture Partners VII2005N/M—
Lightspeed Opportunity Fund II—N/M—
Lightspeed Opportunity Fund—N/M—
Lightspeed Venture Partners IX—N/M—
Lightspeed Venture Partners Opportunity III—N/M—
Lightspeed Venture Partners Select II—N/M—
Lightspeed Venture Partners Select IV—N/M—
Lightspeed Venture Partners Select V—N/M—
Lightspeed Venture Partners Select VI—N/M—
Lightspeed Venture Partners Select—N/M—
Lightspeed Venture Partners X—N/M—
Lightspeed Venture Partners XI—N/M—
Lightspeed Venture Partners XIII—N/M—
Lightspeed Venture Partners XIV—N/M—
Lightspeed Venture Partners XIV-B—N/M—
Lightspeed Venture Partners XV-A (Inception)—N/M—
Lightspeed Venture Partners XV-B (Ignite)—N/M—

About this data

State of Michigan Retirement System (SMRS): State of Michigan Investment Board Report: SMRS Private Equity, Net Market Value by Entity, as of December 31, 2025. The State of Michigan Investment Board lists each private equity entity with only two amounts, an "Adjusted Reported Value" (shown here as the market value, in whole dollars as printed) and an "Unfunded Commitment" (not shown). It reports no commitment amount, contributions, distributions, vintage year, multiple or IRR per fund, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report does not define how the reported value is adjusted. Every entity in the Private Equity table is included as classified by the Board (buyout, growth, venture, secondaries, co-investment and separate-account vehicles); the Real Estate and Infrastructure, Real Return and Opportunistic, and Absolute Return tables are not imported. The entities add up to the Board's printed Total of $24,750,150,762 reported value and $7,378,170,291 unfunded; its "Short Term Investments and Other" and "Income Accruals" lines are not funds and are left out. 4 entities are marked by the Board as new commitments made during the quarter. View source

Figures are as each LP reports them for its own investment, so they can differ between LPs because of timing, fees, and share class. Not investment advice.