Fresh off its Wiz payout, Index Ventures raises $2B across three funds
Index Ventures has raised $2 billion across three new and expanded funds, strengthening its capacity to back start-ups from seed stage through growth. The fundraising follows significant returns from its investment in cybersecurity company Wiz, whose $32 billion sale to Alphabet highlights the firm’s recent performance.
The 30-year-old investor raised $400 million for a seed fund and $900 million for a venture fund, while adding $700 million to a growth fund initially raised at $1.5 billion in 2024. This brings Index’s available capital to $3.5 billion; it previously raised $2.3 billion across two funds two years ago. Index reportedly held a 12% stake in Wiz worth about $3.8 billion, and has also invested early in Figma, Anthropic, Fireworks AI and Physical Intelligence.
In short
- Index Ventures raised $2 billion across three funds.
- Wiz’s Alphabet sale underpins its recent investment performance.
- Total available capital now stands at $3.5 billion.
Explained simply
Index Ventures is a firm that invests in start-ups, often taking a stake in a company in return for funding. Seed funding supports very early businesses, while venture and growth funds can back companies as they develop and expand.
The firm has raised money for three funds at different stages, giving it more capital to invest. Its investment in Wiz, a cybersecurity company bought by Google’s parent company Alphabet for $32 billion, is one example of how an early investment can produce a large return. These funds matter because they give Index more capacity to support start-ups, while its returns depend on how those companies fare.