Lightspeed Venture Partners XIV-A (Inception), L.P.
Lightspeed Venture Partners · adviser of record: Lightspeed Management Company, L.L.C. · 2021 vintage
Lightspeed Venture Partners XIV-A (Inception), L.P. is a 2021 venture fund managed by Lightspeed Venture Partners. It reported $2.5bn in gross assets at year-end 2025, its highest reported value.
- Latest value held
- $2.5bn year-end 2025
- Peak
- $2.5bn year-end 2025
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $2.5bn | – | +128% |
| 2024 archived filing | $1.09bn | – | +26% |
| 2023 | $866mm | – | -1% |
| 2022 | $878mm | – | +155% |
| 2021 | $344mm | – | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| CalPERS | 2026-03-31 | $45mm | 0.00x | 2.62x | 2.62x |
| Michigan SMIB | 2025-12-31 | – | – | – | $16.2mm |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Lightspeed Venture Partners
- LSVP VIII Trust 2023
- LS Opportunities Access Fund, L.P. 2022
- Lightspeed Frontier I-S L.P. 2022
- Lightspeed Opportunity Fund II, L.P. 2021
- Lightspeed Venture Partners Select V, L.P. 2021
- Lightspeed Venture Partners XIV-B (Ignite), L.P. 2021
- LSVP XB-F, LLC 2021
- LSVP-SCF1, LLC 2021
- Lightspeed SPV CN, LLC 2021
- Lightspeed Venture Partners Select IV, L.P. 2020
- Lightspeed Venture Partners XIII, L.P. 2020
- Lightspeed Strategic Partners I L.P. 2020
All Lightspeed Venture Partners funds
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-7141693575. Data updated October 13, 2026.
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