Index Ventures: $2.3 Billion In New Funds Raised

By Amit Chowdhry • Jul 17, 2024

Index Ventures, a leading global venture capital firm, announced $2.3 billion in new funds to drive relationships with exceptional entrepreneurs who are creating transformative, category-defining businesses. When combined with Index’s existing $300 million Origin seed fund, Index is deploying $2.6 billion in capital to back founders from seed to IPO. This brings Index’s total capital raised to $15 billion since its founding.

With the new $800 million venture fund and $1.5 billion growth fund, Index is prepared to be the best long-term partner for entrepreneurs building on this new foundation worldwide.

And Index has a meaningful presence from San Francisco in the West to Tel Aviv in the East – spanning ten time zones and 24 of the world’s 30 most vibrant ecosystems. Established on the West Coast with a portfolio that features Figma, Discord, Notion, and Roblox.

Index has also increased its US presence with a new New York office. This means it can partner closely with category leaders such as Datadog, and startups like Wiz and DataSnipper, using New York as a bridge to help them expand from Europe and Israel across the US. Plus, Index has continued strengthening its US leadership by welcoming former Airbnb executive Vlad Loktev to the San Francisco office, who was instrumental in driving Airbnb’s growth and product strategy for over a decade at the company.

Index has a nearly three-decade history of identifying and partnering with visionary founders. Most of these partnerships begin early in a company’s life at the seed and Series A stages. Index has invested in 109 companies that reached a $1 billion valuation, 23 that exceeded a $10 billion valuation, and 57 that became publicly traded. The businesses in the Index portfolio have created 200,000 jobs so far and are on track to hire 20,000 more in the next year.

KEY QUOTE:

“Even though technology has transformed our daily lives, the reality is that it has so much further to go. AI alone will revolutionize virtually every sector of the economy and open up whole industries to venture that have remained virtually untouched. Meanwhile, hundreds of thousands of people have worked in hypergrowth startups globally and can transfer those lessons to the next generation of companies. We’re energized by the unique opportunities that this historical moment presents and excited to partner with founders to solve the world’s trickiest and most consequential problems.”

– Shardul Shah, partner at Index Ventures