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

Scaling through chaos doesn’t mean founders should compromise on legal ⚠️ Building on the findings from Scaling Through Chaos, Wordsmith AI’s Ross McNairn says the trend towards scaling faster means many businesses may not be adequately covering themselves legally. ⚠️ Yet legal should not be seen as a deterrent to growth, but an enabler of safe, efficient businesses – especially as AI enters the fray and expands the capability of teams. Ross explains that these developments will mean legal teams will play a product-focused role more akin to security that focuses on making fast decisions when they’re needed. 👉Read the full piece to find out why founders need to take legal seriously and how things are changing: https://lnkd.in/eWhUuyvh

Congratulations to all the Index-backed companies featured in Forbes #Cloud100! We're thrilled to be your partners. 🚀

Congratulations Savvy Wealth on the $26.5M Series A. The $18 trillion wealth management market is evolving rapidly. Traditional methods are being challenged as tech-driven solutions and innovative strategies are redefining the business. 🤝 Savvy Wealth is a technology-enabled solution for wealth management that lets financial advisors spend more time on what truly matters ⁠— quality time with clients. 🌟 In less than two years, Savvy has grown its team to 30 advisors managing over $700M in client assets, and are on track to cross $1B in assets under management (AUM) this year. 💬 As founder and CEO Ritik Malhotra put it, “The human relationship between advisors and their clients is what matters most, and advisors need more time to focus on high-value activities. We empower advisors with purpose-built technology to transform their client relationships and scale their practices exponentially.” 🔗 For more on Savvy https://lnkd.in/eQz92etF

Non-Human Identities (NHIs) play a pivotal role in cybersecurity, representing digital entities like service accounts, shared credentials, application accounts, API keys, OAuth tokens, secrets, certificates & machine IDs. Yet despite their importance, many enterprises struggle with visibility and control in this critical area. Enter, Natoma. ✨ Natoma is on a mission to build the foundational identity infrastructure that enables enterprises to secure and protect NHIs. 🔐 The founding team brings decades of collective experience building identity managed platforms, including Okta's Identity Governance, Privileged Access and Lifecycle Management products. This first-hand understanding of managing non-human identities will be critical when building a modern platform fit to tackle this massive challenge. 💬As John McLeod, NOV’s CISO shared, “It's heartening to witness a company taking proactive steps to tackle this expansive and complex issue head-on.” We're proud to co-lead this seed round and support Natoma in this journey. https://lnkd.in/gjqfNHBM

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