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Lakehouse Capital

Dec 2024 → Aug 2026 · Publishes monthly · 2 funds

Our archive holds 11 letters from Lakehouse Capital, behind 13 investment theses and positions in 11 companies. Every quote below is copied verbatim from the letter it came from.

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Lakehouse Capital’s own letters page
11
Letters
11
Companies
0
Moves
13
Theses

2 strategies

Lakehouse Capital publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

Companies held · 11

Every company Lakehouse Capital has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 13

  • Adyen
    August 2026

    Adyen has durable growth runway from wallet share expansion and platform expansion beyond core payments, making it stickier and enlarging its addressable market.

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  • Sansan
    July 2026

    Sansan is attractive for its strong revenue growth, operational leverage, expanding margins, and management’s credible growth and profitability targets.

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  • Alphabet
    July 2026

    Alphabet is a core holding because its integrated AI stack and ongoing reinvestment position it to benefit from AI adoption over the long term.

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  • ServiceNow
    February 2026

    ServiceNow is a mission-critical enterprise workflow platform monetizing Gen-AI with strong growth, high renewals, and an attractive valuation.

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  • FINEOS Corporation Holdings plc
    February 2026

    FINEOS Corporation Holdings plc is a cloud-native core insurance software provider with expanding profitability, embedded AI, sticky enterprise relationships, revenue visibility to 2027, and an attractive valuation versus peers.

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  • SiteMinder Limited
    February 2026

    SiteMinder Limited is a hotel commerce and distribution platform with accelerating growth, resilient per-property pricing, essential AI-era infrastructure, improving unit economics, and an attractive valuation.

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  • Workiva
    February 2026

    Workiva is the leading cloud reporting and compliance platform with sticky demand, accelerating margins, and growing AI-enabled capabilities.

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  • Sansan
    February 2026

    Sansan is Japan's leading business contact platform expanding into adjacent products, leveraging AI, and showing strong operating leverage at a low valuation.

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  • MercadoLibre
    February 2026

    MercadoLibre is Latin America's leading e-commerce and fintech platform with strong network effects, rapid growth, AI integration, and a historically low valuation.

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  • Adyen
    February 2026

    Adyen is a unified global payments platform gaining share with superior economics, data-driven AI features, and an attractive low valuation.

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  • Cogstate Ltd
    February 2026

    Cogstate Ltd is a neurocognitive assessment provider for CNS clinical trials with surging contract wins, growing backlog and channel leverage, positioning it to capture large Phase 3 opportunities.

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  • Pinterest
    June 2025

    Pinterest is a unique visual discovery platform with strong commercial intent and significant growth potential in advertising, bolstered by recent CEO leadership and innovative tools that enhance monetization strategies.

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Letter archive · 11

2026

2025

2024

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