Index Ventures

Index Ventures has raised $2.3bn in new funds—an $800m venture fund and a $1.5 billion growth fund. This capital will be deployed at a pivotal moment for the startup ecosystem, with the rise of: 🧠 Transformative technologies: Rapid advancements in AI and beyond are reshaping industries 🌍 Global talent: Deeper, more diverse pools of expertise 📈 Proven playbooks: Established strategies for hyper-growth These factors are converging and compounding to create unprecedented opportunities for founders around the world. Our thanks go out to our LPs for their continuous support, as well as to the founders past, present and future who choose to partner with us. Your trust and success have made this possible. Here’s a taste of what you’ve achieved so far: 🚀 108 Index-backed reached a $1bn valuation 🎉 23 surpassed a valuation of $10bn 🌐 57 have IPO’d 💪 200,000 jobs created Thank you! We're excited to forge new relationships and back the next generation of iconic startups. https://lnkd.in/gAGC5sqQ

The growth and momentum Revolut is demonstrating right now is remarkable 📈 Today, the company received its UK banking licence, setting it on course to fully compete with established banks. The announcement comes as Revolut reported profits of $545m for 2023, with revenue up by 95% at $2.2bn. Its global customer base now stands at an incredible 45 million. One of the world’s largest fintechs isn’t stopping there. It expects to grow its workforce by 40% in 2024, from 8,000 at the start of the year to 11,500 by the end – with many set to move to its new global HQ in Canary Wharf. The company is also continuing to add innovative features. Recently it launched RevPoints, a refreshed take on a loyalty programme; Revolut X, a stand-alone crypto trading platform for experienced traders; and eSIMs to help customers avoid unexpected roaming charges.  Revolut’s diverse product mix is complemented by its geographic reach: the UK represents around 29% of its business and no single product stream or region accounted for more than 30% of its total revenue in 2023 🤯 With plenty of noise around tech growth being purely powered by advancements in AI, Revolut is part of a cohort of established European-born startups that are continuing to accelerate. Congratulations to Nik, Vladyslav, Francesca, Antoine, Martin and the whole Revolut team!  👏

Congratulations to the Dazz team on the latest $50M fundraise! In today’s threat landscape, it’s more important than ever to have data-driven insights and context to remediate risk. We’re thrilled to double down on this investment and celebrate this milestone with such a fantastic team. Cheers! 🎉

🗽 Missed our last Europeans in New York event? Fear not: we’re bringing the community together again this Fall. 🌎 Join us on September 10th to mingle with fellow entrepreneurs who’ve traveled across the pond, and hear from Duolingo's CTO & co-founder Severin Hacker on his experience scaling a team in the US. 🍎 Apply to join our group & attend the event here: https://lnkd.in/guZ9MJ_B

Congratulations on the Series D fundraise, Cohere! What an incredible milestone to hit after a busy period of customer momentum, product development, and team growth. Onward 🚀 https://lnkd.in/dMK7Ae5n

Despite the importance of Identity security, decades-old tools have struggled to keep pace with modern threats. Today, organizations are increasingly threatened by identity-based security risks while needing to manage ever-evolving regulatory landscapes. It takes a strong vision and a bias towards execution to compete in this space, and that’s why we were so excited to meet with Linx Security co-founders Israel Duanis and Niv Goldenberg. Today, we’re excited to be part of the company’s $33M funding as it emerges from stealth. 🤝 Across our network, Israel and Niv were consistently praised by top CISOs as being one of the most exceptional co-founding teams around. ☁️ Identity Governance & Administration (IGA) for the cloud era remains unsolved and poses a significant market opportunity. While incumbents have struggled to transition to the cloud, Linx was built with the needs of today’s CISOs, security and compliance teams, and employees in mind. 🗺️ Linx’s technology maps and monitors the relationships between users, their identities, and their access permissions, before using advanced analytics and automation to allow companies to shrink their attack surface, achieve compliance, and streamline operations. 🚧 Index Partner Shardul Shah notes how Linx is balancing the right team with the right market opportunity at hand: “With a visionary leadership team and innovative technology, they are well-positioned to lead the industry in mitigating evolving cyber threats.” Dive into the news & learn why we’re excited to back such fantastic founders.  https://lnkd.in/g2stUGgb

Congratulations to the entire Tekion Corp team on the latest $200M fundraise! We’re excited to see you continue to expand the product and help usher in a new era for automotive retail. https://lnkd.in/gnknB_nA

Index-backed companies are hiring! More than 5,000 jobs available at Figma, Remote, Wiz, Scale AI, Revolut, Personio, Notion, DeepL and many others! Our companies employ 200,000 people. Join them!

"My work, my productivity, has been massively enhanced by the research and learning I can do when I dialogue with AI. But my decision-making — and as a professional, the most important thing we do is make decisions — will continue to stay in the human domain.” In a wide-ranging interview covering everything from his start in VC to the professionalization of venture firms, Mike Volpi sat down with Erik Torenberg at Turpentine to unpack some of the most exciting areas of AI right now. Tune in to hear Mike’s perspective on AI, venture capital and more 👇 https://lnkd.in/guwq3fvh

Congratulations to Atlar, Sublime Security, and Tema ETFs for being named among Mario Gabriele’s list for The Generalist Future 50. The newly launched database identifies the world’s highest-potential startups valued at or under $200M at time of nomination, aiming to shed light on the next wave of great companies. We’re proud to work with such incredible teams making bold strides.