Private company

Lightspeed Venture Partners XV-B (Ignite), L.P.

Venture capital fund that raised $1.2 billion in 2024 (SEC Form D). Summary from the record

Last updated Oct 21, 2026.

Overview

  • HeadquartersDE1
  • Legal formLimited Partnership
  • Kind of organizationVenture capital fund1

Corporate structure

Lightspeed Venture Partners XV-B (Ignite), L.P. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Principal of General Partner of General PartnerArif Janmohamed named Dec 16, 20252
  • Principal of General Partner of General PartnerBejul Somaia named Dec 16, 20252
  • Principal of General Partner of General PartnerRavi Mhatre named Dec 16, 20252

Filings

3 filings to the SEC since October 2021: 3 private raises. The latest 3:

  1. Dec 16, 2025D/A EDGAR
  2. Sep 12, 2025D/A EDGAR
  3. Dec 12, 2024D EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Stakes it holds

Lightspeed Venture Partners XV-B (Ignite), L.P. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$1.2B 2024–2024
Money received by yearMoney received by year, 2024–2024: $1.2B in all. Private raises (Form D) $1.2B.$0$500M$1B$1.5B2024 · Private raises (Form D): $1.2B2024
Figures by year
YearPrivate raises (Form D)Total
2024$1.2B$1.2B

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Dec 13, 2024Raised $1.2 billion in a private offering of equity2 Form D: 207 investors so far Form D