About The Lightsmith Group
The Lightsmith Group is a venture capital firm founded in 2016. It is primarily based out of New York City, United States. As of Dec 2025, The Lightsmith Group is an active investor, having invested in 6 companies, with 1 new investment in the last 12 months. It primarily invests in Series C round in Brazil based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to Enterprise Applications and Environment Tech. Most recently it participated in the $***** Series C round of Tive A lot of funds co-invest with The Lightsmith Group, with names like Stride Ventures sharing a substantial percentage of its portfolio. The Lightsmith Group has team of 9 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C & Series D
The Lightsmith Group's List of Top Investments
The Lightsmith Group has a portfolio of 6 companies. Their most notable investments are in Tive and SOURCE.Their portfolio spans across Brazil, United States, India and 1 more locations. They have invested in Food and Agriculture Tech, Enterprise Applications, Environment Tech and 6 other sectors, across stages such as Series C, Series D stages. Here is the list of top investments by The Lightsmith Group:
1. WayCool
Provider of food supply chain management and farming solutions. It is a provider of food supply chain management and farming solutions. The company leverages technology to deliver fresher, cleaner, and better produce to consumers by streamlining the farm-to-fork supply chain. Its offerings include food development and distribution services.
Key facts about WayCool
- Founded Year: 2015
- Location: Chennai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $388M
- Employee Count: 164 as on Mar 31, 2025
- Investors: Innoven Capital, Trifecta Capital and 86 Others
- Latest Funding Round: Series E, Mar 13, 2026, $*****
- Highlight: Editors' Pick
2. Beep Saude
Online platform to book appointments with doctors and house calls. Beep Saúde also enables users to avail vaccination and home health care services.
Key facts about Beep Saude
- Founded Year: 2016
- Location: Rio de Janeiro (Brazil)
- Stage: Series C
- Total Funding till date: $38.8M
- Employee Count: 1,151 as on Jul 31, 2026
- Investors: Wormhole Capital, Actyus and 16 Others
- Latest Funding Round: Series C, Sep 17, 2024, $*****
- Highlight: Editors' Pick
3. Tive
Provider of real-time shipment tracking solutions for various industries. The company offers hardware and software designed to monitor the location and condition of goods during transit. Its platform provides alerts for temperature, shock, and route deviations. The company’s services include shipment monitoring and support to help ensure on-time and in-full deliveries.
Key facts about Tive
- Founded Year: 2012
- Location: Mo i Rana (Norway)
- Annual Revenue: $0 - $1M as on Dec 31, 2022
- Stage: Series C
- Total Funding till date: $131M
- Employee Count: 290 as on Jul 31, 2026
- Investors: Qualcomm Ventures, World Innovation Lab and 24 Others
- Latest Funding Round: Series C, Dec 18, 2025, $*****
- Highlight: Editors' Pick
4. Parsyl
Parsyl is a startup developing solutions in the field of cargo/shipment tracking and management. Offers an integrated hardware and software solution to enable real-time tracking & monitoring of cargo/shipments and its physical parameters such as temperature, humidity, pressure, light exposure, etc.
Key facts about Parsyl
- Founded Year: 2016
- Location: Denver (United States)
- Stage: Series C
- Total Funding till date: $67.1M
- Employee Count: 50 as on Jul 31, 2026
- Investors: Lloyd’s Lab Accelerator, GLP and 11 Others
- Latest Funding Round: Series C, Dec 20, 2024, $*****
- Highlight: Editors' Pick
5. Solinftec
Provider of AI and SaaS-based solutions for the automation of agriculture operations. It is a global leader in agriculture technology, providing AI and SaaS solutions for agribusiness. The company offers a range of products, including autonomous robots and precision farming tools, to enhance agricultural operations and advance digitalization. Solinftec serves a global customer base, spanning more than 22 million acres. The company has established partnerships with major agricultural companies and has a presence in key markets around the world.
Key facts about Solinftec
The Lightsmith Group's Year-on-Year Investment Trends
The Lightsmith Group has invested in 6 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in Tive and most recent follow-on round was in WayCool.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 0 | 2 | 2 |
2022 | 3 | 3 | 6 |
The Lightsmith Group's Investments by Stage
The Lightsmith Group has made 4 investments in Series C stage with an average round size of $29.7M and 2 investments in Series D stage with an average round size of $112M.Stage of entry | No. of Investments |
|---|---|
Series C | 4 |
Series D | 2 |
Note: We have considered here, only first round of investments
The Lightsmith Group's Investments by Sector
The Lightsmith Group has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Environment Tech, Food and Agriculture Tech and High Tech. Notably, it has invested in 6 Tech companies, 5 Enterprise (B2B) companies, 4 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Environment Tech | 2 |
Food and Agriculture Tech | 2 |
High Tech | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
The Lightsmith Group's Investments by Geography
The Lightsmith Group has made most investments in Brazil (2), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Brazil | 2 |
United States | 2 |
India | 1 |
Norway | 1 |
Note: We have considered here, only first round of investments
The Lightsmith Group's recent investments
The Lightsmith Group has not made any investment in 2026 so far.Here are the most recent investments by The Lightsmith Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 18, 2025 | Norway | Series C | 3972 | [+3] | |
Dec 20, 2024 | United States | Series C | 4723 | [+2] | |
Sep 17, 2024 | Brazil | Series C | 3202 | [+2] | |
Dec 22, 2023 | India | Series D | 8166 | [+8] | |
Mar 16, 2023 | India | Series D | 7708 | [+8] |
Team profile of The Lightsmith Group
The Lightsmith Group has a team of 9 members including 5 Principals located in United States. The Lightsmith Group's team does not sit on the board of any company as of now.Here is a list of all team members in The Lightsmith Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Principal | New York City | - | ||
Principal | New York City | - | ||
Principal | New York City | - | ||
Principal | Durham | - | ||
Principal | New York City | - |
Co-investors of The Lightsmith Group
Over the past 4 years, 141 investors have co-invested in The Lightsmith Group's portfolio companies. This includes funds and angels.
- Invested before The Lightsmith Group: Innoven Capital, Lightbox and 79 others have invested in rounds before The Lightsmith Group. There is 1 company where Innoven Capital has invested before The Lightsmith Group and 1 company where Lightbox has invested before The Lightsmith Group.
- Top Co-investors of The Lightsmith Group: 19 investors entered a company along with The Lightsmith Group. These include investors like Stride Ventures (1 company).
- Invested after The Lightsmith Group: A total of 41 investors have invested in The Lightsmith Group's portfolio after their investments. Top Investors include Agami Ventures (1 company), Hemang Advait Mehta (1 company) and Singanallur Murali Shyam (1 company).
Recent News related to The Lightsmith Group
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Lightsmith Group backs Tive to climate-proof global supply chainsImpactAlpha•Jan 13, 2026•AVP, Tive, The Lightsmith Group, Sageview Capital and 2 others
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Lightsmith Group Backs Sea-Cargo Insurer ParsylThe Wall Street Journal•Jan 08, 2025•The Lightsmith Group, Parsyl, GLP Capital Partners, FirstTracks Ventures and 2 others
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AiDash Closes its Oversubscribed Series C Funding Round at $58.5 MillionBusiness Wire•Apr 30, 2024•AiDASH, The Lightsmith Group, Marubeni, Lightrock and 9 others
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Agritech Waycool in talks to raise $40 million in internal funding round led by LightrockMoneycontrol•Nov 09, 2023•WayCool, Lightrock, Lightbox, Redwood Equity Partners and 7 others
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SOURCE Global, PBC, Innovator of Renewable Drinking Water Technology, Raises More Than $130 MillionBusiness Wire•Jul 19, 2022•SOURCE, Breakthrough Energy, Drawdown Fund, Microsoft and 8 others
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Lightsmith Group Leads USD60m Round for Farm Management Platform SolinftecLAVCA•May 03, 2022•The Lightsmith Group, Solinftec, Unbox Capital, Circularis Partners and 1 other
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