Fresh off its Wiz payout, Index Ventures raises $2B across three funds

In Brief

Index Ventures has raised $2 billion in fresh capital across three funds, the firm announced on Friday.

The 30-year-old firm raised $400 million for its new seed-focused fund and $900 million for its venture fund. Index also added $700 million to a $1.5 billion growth fund raised in 2024, bringing its total available capital to $3.5 billion.

The fresh capital haul comes two years after Index raised $2.3 billion across two funds, including $800 million toward a predecessor venture fund.

While Index has refrained from ballooning its fund sizes unlike several other VCs, the outfit continues to stand out for its strong recent performance.

Earlier this year, Index portfolio company Wiz completed its $32 billion sale to Alphabet. Index first invested in Wiz at the seed stage and became its largest outside shareholder with a 12% stake, a position likely worth $3.8 billion, according to Reuters’ reporting. Index was also an early investor in Figma, which went public last year.

Index’s AI bets include robotics company Physical Intelligence, inference platform Fireworks AI, and Anthropic, an investment made when the AI model maker raised capital at a $183 billion valuation last September.