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Lightbird Ventures

lightbird.vc

Lightbird backs early-stage B2B software companies in Europe (Pre-Seed/Seed, occasionally Series A) that lead with distribution and have established product-market fit signals from inception. They invest $250k-$3m per round with an average check size of ~$1m.

Check Size

$250K - $3M

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Investment Thesis

Lightbird partners early-stage with companies that lead with distribution, believing this is the only way to stand out in today’s market. They focus on teams that turn innovation into a go-to-market advantage through what they call ‘Distribution Advantage’ - a distinctive method, channel, or approach that enables companies to deliver products to customers more effectively. They support diverse, uniquely talented teams united by attitude, deep problem obsession, and a compulsion to build.

What Sets Them Apart

  • Deep focus on 'Distribution Advantage' - three manifestations: PLG/product virality (positive k-factor), community-driven products, and network effects
  • Emphasis on end-user obsession and user-centric product design combined with solid go-to-market assumptions
  • Flexible investment structure - willing to lead or co-invest, be first money in and last out
  • European geographic focus with strong portfolio including exits like crowd.dev (acquired by Linux Foundation 2024)
  • 77% of portfolio companies led by Lightbird, indicating hands-on involvement
  • Portfolio spans diverse sectors: supply chain AI, HR software, cybersecurity, developer platforms, manufacturing, climate tech

Portfolio Highlights

TheDX

Supply Chain Ai

Equipme

B2b Saas

Kenjo

Hr Software

Mistho

Fintech

Omocom

Insurtech

Repath

Climate Tech

SAEKI

Manufacturing Ai

Saporo

Cybersecurity

+ 6 more companies in their portfolio

Investment Team

6 Partners at Lightbird Ventures

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