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Alex Taussig

General Partner at Lightspeed Venture Partners

San Francisco, California

Overview 

Alex Taussig is a Partner at Lightspeed Venture Partners, specializing in investing in consumer and SMB tech companies across the Americas and Europe. He has successfully invested in companies like Yaysay, Archive, Daily Harvest, and Zola, demonstrating a strong track record in identifying and supporting successful startups in various sectors. With an impressive educational background including an MBA from Harvard Business School and experience serving on the boards of companies like Vinted and All Day Kitchens, Alex has established himself as a seasoned investor and leader in the venture capital industry, contributing to the growth and success of numerous innovative startups.

Work Experience 

  • Board Partner

    2024 - Current

  • Partner and Co-Head of Consumer Practice

    2021 - 2024

  • Partner

    2016 - 2021

    Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Carta, Cato Networks, Epic Games, Faire, Forty Seven, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Rubrik, Sharechat, Snap, Udaan, Ultima Genomics and more. Lightspeed and its global team currently manage $28B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia. I joined Lightspeed in early 2016 as a Partner in the Consumer Practice and became Co-Head of Consumer in late 2021. I specialize in online marketplaces bridging the physical-to-digital divide and have led investments in several that are currently valued in excess of $5B, including Faire (retail), Vinted (apparel/electronics), and Whatnot (collectibles). In my role at Lightspeed, I have served on dozens of boards of global technology businesses across the Americas and Europe and recently became a Board Partner specialized in working with some of our most scaled portfolio companies.

Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets.

  • Board Member

    2022

    Vinted is a European online marketplace that facilitates the buying and selling of secondhand fashion, electronics, and lifestyle items. In 2024, Vinted delivered consolidated revenue of €813.4M, a 36% increase YoY, and Adjusted EBITDA of €158.9M. Vinted also closed a secondary transaction at a €5B valuation in 2024 led by TPG. Lightspeed originally led the company's Series E in 2019.

  • Board Observer

    2018

    Faire is the leading wholesale marketplace connecting consumer brands with independent retailers. Lightspeed led the company's $40 million Series B financing in 2018, and I joined the board on behalf of the firm. Lightspeed also invested meaningfully in the company's subsequent 5 financings and remains one of the company's largest shareholders.

Faire is a marketplace and wholesale platform that helps retailers find and buy wholesale merchandise for their stores.

Raised $1,708,162,662.00 from Shopify.

  • Investor

    2024

    Whatnot is the leading US marketplace for shoppers, collectors, and enthusiasts to buy and sell their favorite items in a live video format. In 2024, Whatnot drove $3 billion in livestream sales, with buyers spending 80 min daily in the app. Lightspeed invested in the company's Series E at nearly a $5B valuation alongside Greycroft, avra, and DST in late 2024.

Whatnot is a live stream platform and marketplace that enables collectors and enthusiasts to connect, buy, and sell verified products.

Raised $484,700,000.00 from DST Global, Y Combinator Continuity Fund, Bond, CapitalG and Andreessen Horowitz.

  • Board Observer

    2021

    Found’s small business banking, bookkeeping, and tax tools were built to make your business’s financial ecosystem work better — so you can work on growing your business. I led our Series B investment in December 2021 and our Series C investment in April 2024, alongside Founders Fund and Sequoia.

Found is a fintech company that provides business banking services for self-employed people.

Raised $121,199,997.00 from Lightspeed Venture Partners, Founders Fund, Sequoia Capital and Khosla Ventures.

  • Board Observer

    2023

    Keychain aims to connect packaged food brands with reliable manufacturers in the first true platform and marketplace for CPG manufacturing. Lightspeed led the company's Series Seed round in August 2023 and invested in its Series A in November 2024.

Keychain is a CPG production platform that collaborates with retailers and brands.

Raised $35,500,000.00 from Lightspeed Venture Partners, BoxGroup, Schreiber Foods, General Mills and SV Angel.

  • Board Member

    2024

    Table22 gives food & beverage operators a new way to extend their brand outside their four walls, add meaningful revenue, and deepen loyalty with customers through offerings like subscriptions, memberships, and more. Lightspeed led the company's Series A in August 2024, and I joined the board on the firm's behalf.

Table22 is a subscription based platform that helps restaurants build, manage, and grow offerings for fans and guests.

Raised $11,000,000.00 from Alt Capital, Lightspeed Venture Partners, Forerunner and Footwork.

  • Board Member

    2021

    Archive is a complete circularity platform for global brands to launch innovative and profitable resale businesses. I led the company's seed and Series A rounds on behalf of Lightspeed.

Archive is a technology company that builds innovative, scalable, and profitable resale businesses for global brands.

Raised $24,335,000.00 from Fernbrook Capital Management LLC, Lisa Bougie, Wendy Yang, G9 Ventures, Lightspeed Venture Partners, Bain Capital Ventures, Dawn Dobras, Adrienne Lazarus, Julie Bornstein and Kerry Cooper.

  • Investor

    2024

    Eternal is unlike any company that has come before—a unique blend of cutting-edge diagnostics, hyper-personalized advice from true experts, and ongoing guidance and support. We empower lifelong athletes, from dedicated health enthusiasts to elite performers, to pursue fuller, healthier, and more active lives by adapting their training and routines to their life stage. Lightspeed led the company's $13.25M seed round in Apr'24.

  • Investor

    2024

    On a mission to dramatically increase access to higher education. I led Lightspeed's seed investment alongside KV and others in Oct'24.

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