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Today: October 8, 2024
July 18, 2024
1 min read

Index Ventures Raises $23 Billion for New Fundraising Round

TLDR:

  • Index Ventures announced $2.3 billion in new funds to back transformative businesses
  • Index Ventures has a total capital raised of $15 billion since its founding

Index Ventures, a global venture capital firm, recently announced $2.3 billion in new funds to support entrepreneurs creating category-defining businesses. With a total capital raised of $15 billion, Index Ventures is deploying $2.6 billion to back founders from the seed stage to IPO. The firm has a significant presence across ten time zones and 24 vibrant ecosystems from San Francisco to Tel Aviv. Index Ventures has also expanded its US presence by opening a new office in New York to better support companies like Datadog, Wiz, and DataSnipper in their growth across the US.

Index Ventures has a history of identifying and partnering with visionary founders, with investments in 109 companies reaching a $1 billion valuation, 23 exceeding $10 billion, and 57 going public. These companies have created 200,000 jobs and are projected to hire an additional 20,000 in the next year. The firm’s partner, Shardul Shah, highlighted the transformative potential of technologies like AI and the unique opportunities for solving significant global challenges through entrepreneurship.

Overall, Index Ventures’ new funds aim to support founders in building innovative businesses, driving growth, and addressing pressing global issues with technology.

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