
Lucas Venture Group
Description
Lucas Venture Group (LVG) is a deeply entrenched venture capital firm based in Menlo Park, California, renowned for its long-standing presence in Silicon Valley. Founded in 1980, LVG stands as one of the longest continuously operating venture capital firms, boasting over four decades of investment experience. The firm primarily focuses on early-stage and growth-stage companies that are developing disruptive technologies within the enterprise sector.
LVG's investment thesis centers on identifying and nurturing companies poised for significant market impact. Their core areas of interest include robotics, networking, software analytics, big data, cybersecurity, artificial intelligence (AI), machine learning (ML), enterprise software, SaaS, cloud computing, and the Internet of Things (IoT). Beyond capital, LVG emphasizes providing strategic guidance, operational expertise, and leveraging its extensive network to support portfolio companies through their growth trajectories.
The firm has built an impressive track record over its history, having completed more than 100 investments and facilitated over 40 successful exits, demonstrating a consistent ability to identify and scale promising ventures. Lucas Venture Group has also successfully raised multiple funds, with recent iterations like Lucas Venture Group IX reportedly in the range of $200 million to $250 million, indicating substantial capital deployment capabilities. This robust financial backing allows LVG to make meaningful initial investments and provide follow-on funding to support portfolio companies through various stages of development, reinforcing their commitment to long-term partnerships and fostering innovation.
Investor Profile
Lucas Venture Group has backed more than 38 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 13% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Artificial Intelligence (AI), E-Commerce.
- Typical check size: $2M – $15M.
Stage Focus
- Series C (21%)
- Series A (18%)
- Series Unknown (16%)
- Series B (16%)
- Seed (11%)
- Pre Seed (5%)
- Series E (5%)
- Series D (3%)
- Convertible Note (3%)
- Debt Financing (3%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- E-commerce
- Internet
- Health Care
- Cyber Security
- Financial Services
- Information Technology
- Apps
- Education
Frequently Asked Questions
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