Relationships That Reshape Industries: Index Launches $2.3bn in New Funds

Today, we’re renewing our commitment to entrepreneurs everywhere – the groundbreakers, the game-changers, the craftsmen and women obsessed with an idea and who will not rest until they bring it to life.

We recognize your passion and meet it with equal conviction. That’s why we’re adding $2.3 billion of capital to support you, with our 12th venture fund of $800 million and our 7th growth fund of $1.5 billion.

Some people think venture is all about the money. For us, it’s all about the people. We build authentic relationships with exceptional founders, knowing that the rest will follow. Where’s the proof our method works? So far, 108 Index-backed startups have beaten the odds to reach a $1 billion valuation, 23 have surpassed a $10 billion valuation, and 57 went on to be publicly traded. Our portfolio has created 200,000 jobs so far, and will create 20,000 more in the next 12 months.

Right now, we stand at the cusp of a generationally significant transformation driven by three converging and compounding factors:

• The rise of AI: AI is a massive accelerator to innovation, transforming the world as we know it – from consumer to enterprise, healthcare, and beyond.
• Increasing tech experience: The critical mass of experienced talent who has worked in startups and experienced scale is accelerating knowledge transfer and fuelling growth.
• Globalization of entrepreneurship: Whether you’re an immigrant moving to an existing hub, building in your home country, or setting up a remote-first business, there are now investors, talent, and support networks to help turn your ideas into reality.

These trends are laying entirely new foundations for the next generation of entrepreneurs, making it easier than ever before to create and scale iconic companies.

Now is a moment that reinforces our ethos and renews our commitment to our craft. Three decades ago, we were a startup with a crazy idea. We believed that brilliant founders could come from anywhere, be anyone, and exist in every sector. Since then, venture and tech have changed beyond recognition. But our north star remains the same. We don’t do deals. We back exceptional entrepreneurs, with table-pounding conviction. Just as they are obsessed with their craft, we are obsessed with ours – investing not in businesses, but in our partnerships with founders, from idea to IPO and beyond.

When we reflect on why so many of our founders have chosen to partner with Index – from Wiz to Figma, Revolut to Roblox, Adyen to Scale AI – we find ourselves talking about being ‘scaled artisans.’ This sounds like a contradiction, but it speaks to our conviction that becoming a great partner to founders takes years of dedication to master. We do it because we’re drawn to the workshop-like intimacy of collaborating with entrepreneurs, shaping the raw material of their vision and grit through many cycles of failure and success. Index is not in the business of aggregating assets or facilitating moderately successful companies. Instead, we’ve spent decades figuring out how best to identify and coach truly transformative founders – those who have been put on this Earth to build their business and would be doing it whether they got funded or not.

What’s more, Index practices our craft at scale. We have a global, multilingual team that works as one across the Atlantic – with offices in San Francisco, London, and New York, plus partners on the ground in Berlin and Tel Aviv. We cover ten time zones and 24 of the world’s top 30 tech ecosystems. Working side-by-side through the scale-up journey, from seed to venture to explosive growth, we forge deep and long-lasting relationships with founders and their teams wherever they are.

The world will change faster in the next decade than in the past thirty years. With our new funds, we stand ready to support entrepreneurs riding the waves of innovation. Whether you're an out-of-the-box founder, an operator looking for your next challenge, or an investor committed to the artisanal spirit of venture, now is your time.