Index Ventures Raises $2B Across Three Funds
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- Index Ventures raised $2 billion in new capital across three separate funds to back startups, according to Mark Bergen at Bloomberg
- The $2 billion splits into a $900M venture vehicle, a $400M seed-financing pool, and a $700M top-up to a growth fund originally raised in 2024 at $1.5 billion
- Index Ventures counts cybersecurity company Wiz and fintech Revolut among its portfolio investments, the source states
- The firm carved out a dedicated $400M seed tranche alongside later-stage vehicles, rather than folding early-stage capital into the main venture fund
- The 2024 growth fund, initially sized at $1.5 billion, now receives an additional $700M — a roughly 47% expansion of that vehicle
- TechCrunch's framing — 'Fresh off its Wiz payout' — links the new raise to the Wiz exit, an angle Bloomberg's lede states only by naming Wiz as a portfolio company
Why it matters: Index Ventures now has fresh dry powder at every stage: $400M for seed, $900M for venture, and $700M layered onto its 2024 $1.5B growth fund. The dedicated seed tranche — rather than a token allocation inside the venture pool — shows the firm is scaling check-writing capacity at the earliest stage, not just late-stage, with Wiz and Revolut providing visible anchor returns for LPs.
