Lightstone Ventures

VC Menlo Park, United States · Founded 2012

Lightstone Ventures invests in early-stage life science companies, focusing on breakthrough therapeutics and medical technologies that have the potential to significantly change patient outcomes.

About Lightstone Ventures

Lightstone Ventures is a Boston- and Bay Area-anchored healthcare venture firm investing across biotech, medical devices, and digital health, with the resources and clinical operator depth typical of a multi-stage life-sciences fund. Stage focus runs from Series A through later rounds, with checks plausibly in the $5M to $25M range and full reserves for follow-on participation. Founders building therapeutic assets, novel medical devices with a defined regulatory pathway, and digital health platforms with a credible reimbursement strategy are the right profile. Physician founders should expect rigorous diligence on clinical evidence, IP, and the regulatory plan; this is not a fund that will accept a software-style pitch with hand-waved health context. Wholly consumer wellness, brand-led DTC, or pure-play SaaS without clinical anchoring will not resonate. Geographic posture is US-led with comfortable transatlantic deals. Entry is best through warm introduction from a clinician-investor, an academic medical center commercialization office, or a partner at a co-investing seed firm; the partners are accessible at industry conferences such as JPM and AdvaMed. Founders should bring KOL endorsements, clean preclinical or clinical data, and a defensible commercial plan, then expect a quiet, professional process. Treat Lightstone as a serious lead investor for capital-intensive healthcare companies that have moved past the proof-of-concept stage and are ready to fund pivotal studies, regulatory submissions, or commercial scaling under disciplined oversight.

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Team

Mike Carusi
General Partner
Jean George
General Partner
Jason Lettmann
General Partner
Christina Isacson
Partner
Hanson S. Gifford, III
Partner
Caroline Gaynor
Partner

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Last updated 2026-05-06. Sourced from this fund's published materials.
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