Lightbank is a Chicago-based venture capital fund founded and initially funded with $100M of Groupon founders' own earnings, operating as both a traditional VC and company builder that incubates ideas in-house rather than only backing external founders. The fund explicitly focuses on high-volume early bets in overlooked Midwest geographies and has deployed over $150M into 70+ regional companies, with operator-heavy partners who've founded and scaled multiple companies themselves.
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