Light Street Capital Management

Ayar Labs, Inc. specializes in the development of optical interconnect chiplets and lasers designed to enhance data transmission capabilities in various applications, including artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's flagship product, TeraPHY, is a high-density electronic-photonic chiplet that utilizes a monolithic in-package optical I/O solution to facilitate high bandwidth and low latency connections. Ayar Labs aims to disrupt the conventional performance and efficiency standards in the semiconductor industry by providing power-efficient optical interconnects that replace traditional electrical I/O. This technology effectively addresses compute and bandwidth bottlenecks, particularly in the context of complex AI systems, enabling improved computing efficiency and performance while also reducing costs and power consumption. Founded in 2015, Ayar Labs is headquartered in Emeryville, California, with an additional office in Santa Clara.

Lumin Digital is a fintech company based in San Ramon, California, specializing in cloud-based digital banking solutions tailored for credit unions. Founded in 2016, the company offers a platform that enables financial institutions to enhance customer relationships and adapt to the evolving market. The platform comprises various features, including card controls, integrated bill pay, security measures, dashboards, and remote deposit capture. Additionally, it employs data analytics and threat intelligence to automatically detect and prevent anomalous behavior, ensuring robust security for users.

JetSweat is a health and well-being platform that focuses on promoting healthier lifestyles through engaging and personalized experiences. The company collaborates with innovative employers, health plans, and health systems to redefine holistic and preventative care. JetSweat's application offers boutique fitness classes, providing users with tailored workouts, a customized dashboard, real-time performance data, and offline content to support their fitness journeys. Additionally, the platform empowers studio owners by enabling them to transition to a digital model, enhancing their revenue potential and broadening their reach. Through its dedicated software and exclusive provider ecosystem, JetSweat aims to drive improved health outcomes for organizations and their populations.

Clari Inc. is a revenue operations platform based in Sunnyvale, California, founded in 2012. The company utilizes automation and artificial intelligence to consolidate and analyze activity data from various business systems, such as CRM, email, calendar, and marketing automation. This integration provides sales professionals with improved visibility into their deals and relationships, enabling them to close deals more efficiently and reduce manual reporting efforts. Clari's platform offers features like Activity Analytics, which delivers predictive insights and real-time data analysis, allowing sales teams and managers to optimize their strategies, enhance coaching, and effectively allocate resources. By streamlining revenue operations, Clari assists B2B companies, including notable clients like Qualtrics and Adobe, in forecasting business performance, managing pipelines, and minimizing customer churn.

Ambulnz Inc. is an ambulance service provider founded in 2017 and headquartered in Carson, California. The company leverages innovative technology to enhance medical transportation services, aiming to improve the lives of emergency medical technicians (EMTs) and simplify the scheduling process for caregivers. By focusing on delivering high-quality medical transportation, Ambulnz strives to provide exceptional service for patients in need of urgent care.

Cellebrite is a leading Israeli digital intelligence company specializing in advanced mobile data solutions for various sectors, particularly law enforcement, military, and corporate security. The company operates through two main divisions: mobile lifecycle and mobile forensics. In the mobile lifecycle division, Cellebrite enables retailers and operators to enhance customer experiences with services such as phone-to-phone content transfer, backup and restore, diagnostics, and secure device wiping. The mobile forensics division offers sophisticated tools for data extraction, decoding, analysis, and reporting, facilitating the effective management of digital information by law enforcement and intelligence agencies. Products include Cellebrite UFED, Cellebrite Physical Analyzer, and Cellebrite Frontliner, among others, which are designed to support the collection and analysis of digital data for a range of operational needs.

Orosy, headquartered in Tokyo, facilitates wholesale transactions between small retailers and makers, craft brands, or smaller manufacturers via its online marketplace. The company offers services such as market development, store credit management, account management, accounts receivable handling, contract negotiation, and invoicing to streamline these connections and enable direct sales from brands to retail stores.

SmartHR, Inc. is a Tokyo-based company that specializes in developing cloud-based human resources management software. Founded in 2013, SmartHR provides a comprehensive platform designed to automate procedures related to social insurance and employment insurance. The software enables users to fill out online forms and generate digital versions of essential documents such as pension and employment insurance paperwork, which can be submitted electronically. By offering a suite of technology-enabled solutions for employee management, talent management, and overall HR administration, SmartHR caters to a wide range of businesses, from large enterprises to small and medium-sized enterprises. Through its innovative approach, SmartHR aims to streamline HR processes and enhance employee productivity.

Solv Health, Inc., established in 2016 and headquartered in San Francisco, operates an online platform enabling users to promptly schedule same-day appointments with doctors, locate urgent care centers and COVID-19 testing facilities, and arrange video visits. The platform aims to empower patients by providing transparent information about healthcare providers, wait times, and costs.

Chime is a mobile banking and finance platform that offers users convenient access to banking services through their smartphones. The platform features a unique savings mechanism that automatically allocates a predetermined amount of money into savings after each transaction. Chime generates revenue from transaction fees paid by merchants, which aligns its interests with those of its users, promoting fee avoidance and encouraging savings. Additionally, the platform provides fee-free overdrafts and early access to paychecks, empowering users to gain greater control and flexibility over their financial situations while supporting their efforts to improve credit.

Toast, Inc. is a Boston-based restaurant technology company that specializes in developing an all-in-one point-of-sale and restaurant management platform tailored for the food service and hospitality industries. Founded in 2011, Toast offers a cloud-based system designed specifically for restaurants, enabling functionalities such as tableside ordering, real-time reporting, online ordering, and labor management. The platform serves a diverse clientele, including restaurants, cafés, bars, and bakeries, and supports over 120,000 locations across the United States. Toast generates revenue through software subscription fees, transaction processing commissions, and additional services such as hardware installation and professional support. By facilitating payment transactions on its platform, Toast processed approximately $126 billion in gross volume in 2023, demonstrating its significant role in the restaurant technology landscape.

MadeiraMadeira is an online marketplace based in Curitiba, Brazil, that specializes in home products. Founded in 2009, the company offers an extensive selection of over 300,000 items, allowing customers to build, furnish, renovate, and decorate their homes conveniently through a smartphone or computer. The platform features a diverse range of products, including bathtubs, wooden doors, steel windows, wooden flooring, and lighting solutions, making it a comprehensive destination for home decor needs.

GitLab Inc. is a software development company that provides a comprehensive DevSecOps platform designed to enhance the software development lifecycle. Founded in 2011 and headquartered in San Francisco, California, GitLab offers its services through a single application, which includes tools for version control, continuous integration and deployment, code reviews, issue tracking, and collaboration. This unified platform allows organizations to efficiently plan, build, secure, and deploy software while ensuring visibility and control throughout the process. GitLab serves a diverse clientele, ranging from startups to large enterprises, with an estimated 30 million registered users globally. The company operates on an all-remote model, employing over 1,350 team members across more than 65 countries. GitLab is built on open-source principles and benefits from a vibrant community of developers, continuously driving innovations in the DevOps space.

Unity Technologies is a software company based in San Francisco, California, founded in 2004. It specializes in providing a comprehensive game development platform for developers and studios, offering a real-time 3D development platform, game engines, asset stores, cloud-based development tools, and a vibrant community of developers. Unity's platform empowers users, regardless of skill level or industry, to create, operate, and monetize interactive 3D content.

SmartHR, Inc. is a Tokyo-based company that specializes in developing cloud-based human resources management software. Founded in 2013, SmartHR provides a comprehensive platform designed to automate procedures related to social insurance and employment insurance. The software enables users to fill out online forms and generate digital versions of essential documents such as pension and employment insurance paperwork, which can be submitted electronically. By offering a suite of technology-enabled solutions for employee management, talent management, and overall HR administration, SmartHR caters to a wide range of businesses, from large enterprises to small and medium-sized enterprises. Through its innovative approach, SmartHR aims to streamline HR processes and enhance employee productivity.

ezCater, Inc. is an online catering marketplace that facilitates food ordering for both small startups and large corporations. Founded in 2007 and headquartered in Boston, Massachusetts, with an additional office in Denver, the company connects businesses with local caterers and restaurants across the nation. ezCater offers a platform that allows users to easily find and order food for meetings and events, utilizing features that filter caterers by food type, budget, and other criteria. The company's solutions include ezManage, a catering management platform, and ezOrdering, which enables restaurants to accept catering orders directly through their websites. By streamlining the catering process, ezCater helps clients save time and efficiently select suitable catering options.

BlackBuck is a leading logistics company based in India, founded in 2015, that leverages technology to transform the trucking industry. By moving offline trucking operations online, BlackBuck connects shippers with truckers, providing a seamless platform for booking loads and facilitating payments, insurance, and financial services. The company's comprehensive solutions enhance reliability and efficiency in transportation, benefiting both truckers and shippers. BlackBuck's platform features tools for price discovery, route optimization, in-transit tracking, and timely delivery assurance, which collectively help clients improve business productivity. With a workforce of around 2,000 employees, BlackBuck has established itself as the largest trucking network in India and has garnered recognition for its innovative approach, earning awards such as CNBC-TV18's Young Turks Startup of the Year and Zee Business's Company of the Year in Logistics in 2018. The company is also featured in a case study by Harvard Business School, underscoring its impact on the logistics landscape.

ezCater, Inc. is an online catering marketplace that facilitates food ordering for both small startups and large corporations. Founded in 2007 and headquartered in Boston, Massachusetts, with an additional office in Denver, the company connects businesses with local caterers and restaurants across the nation. ezCater offers a platform that allows users to easily find and order food for meetings and events, utilizing features that filter caterers by food type, budget, and other criteria. The company's solutions include ezManage, a catering management platform, and ezOrdering, which enables restaurants to accept catering orders directly through their websites. By streamlining the catering process, ezCater helps clients save time and efficiently select suitable catering options.

Toast, Inc. is a Boston-based restaurant technology company that specializes in developing an all-in-one point-of-sale and restaurant management platform tailored for the food service and hospitality industries. Founded in 2011, Toast offers a cloud-based system designed specifically for restaurants, enabling functionalities such as tableside ordering, real-time reporting, online ordering, and labor management. The platform serves a diverse clientele, including restaurants, cafés, bars, and bakeries, and supports over 120,000 locations across the United States. Toast generates revenue through software subscription fees, transaction processing commissions, and additional services such as hardware installation and professional support. By facilitating payment transactions on its platform, Toast processed approximately $126 billion in gross volume in 2023, demonstrating its significant role in the restaurant technology landscape.

Slack Technologies, Inc., established in 2009 and headquartered in San Francisco, operates a cloud-based communication and collaboration platform, Slack. This platform facilitates team messaging, file sharing, and integration with various business tools, catering to a wide range of industries, from startups to large enterprises. Slack's software-as-a-service model enables real-time communication and data sharing, aiming to increase organizational efficiency and productivity.

Pinterest, Inc. is a visual discovery engine that enables users to find inspiration for various aspects of their lives, such as recipes, home decor, fashion, and travel. Launched in 2010 and headquartered in San Francisco, California, the platform allows users to save and organize images on curated boards tailored to their personal interests. With a user base of nearly 500 million monthly active users, a significant portion of whom are female, Pinterest facilitates the discovery and sharing of creative ideas. The company generates revenue primarily through digital advertising and is increasingly incorporating e-commerce features within its platform. Although about 20% of its users are located in the US and Canada, this region accounted for approximately 80% of its revenue in 2023.

Lyft is a transportation company that operates a mobile application connecting passengers with drivers for on-demand rides. The app facilitates ride scheduling, including advance bookings up to seven days, and handles in-app payments. Primarily serving college, university, and corporate communities, Lyft offers various ride options, such as private, shared, and luxury vehicles. Additionally, it provides multimodal transportation solutions, including bike and scooter sharing.

Everlane, Inc. is an online fashion retailer based in San Francisco, California, specializing in well-designed, quality clothing and accessories for men and women. Founded in 2010, the company offers a wide range of products, including apparel such as T-shirts, sweatshirts, denim, dresses, and outerwear, as well as footwear and accessories like bags and scarves. Known for its minimalist aesthetic, Everlane focuses on providing contemporary styles at accessible price points. In addition to its online store, the company also operates a retail location, allowing customers to explore its offerings in person.

Boxed is an online bulk grocery retailer founded in 2013 and headquartered in New York. The company provides a wholesale club experience for modern shoppers, offering a wide range of products including groceries, snacks, beverages, and household items without requiring membership fees. Boxed operates primarily through its retail segment, which sells bulk-sized consumer goods to both individuals and businesses across the continental United States. Additionally, it has a Software & Services segment that focuses on the development and marketing of proprietary software solutions. With its innovative mobile app, Boxed offers direct-to-door delivery, making it convenient for customers to access their favorite warehouse club products.

Harry's Inc., established in 2012 and headquartered in New York, specializes in manufacturing and selling men's grooming products. The company produces a range of shaving items including razors, creams, kits, and face care products. Harry's operates an online platform where consumers can purchase these products individually or via a subscription service for convenient access to their grooming essentials.

Uber Technologies, Inc., established in 2009, is a global technology company that connects users with transportation and logistics services through its mobile application. It operates in over 300 cities worldwide, offering a range of services including ridesharing, food delivery, and freight transportation. Uber's core business is facilitating transportation by matching riders with drivers, providing safe, reliable, and convenient options at varying price points. Additionally, Uber Advanced Technologies Group, a subsidiary, focuses on developing self-driving car technology to enhance transportation safety and accessibility.