Index Ventures Secures $2B in New Funding Following Wiz Success

TL;DR
- Index Ventures has raised about $2 billion to $2.3 billion in fresh capital across multiple funds, depending on how the round is described by different outlets.
- The new money is split across venture, growth, and seed-focused vehicles, reinforcing Index’s transatlantic push into AI, enterprise software, and infrastructure.
- The firm’s backing of Wiz has become a marquee example of its strategy, especially as cybersecurity and cloud security remain hot investment themes.
Index Ventures Secures $2B in New Funding Following Wiz Success
Index Ventures has closed a fresh fundraising round of roughly $2 billion to $2.3 billion across multiple funds, giving the transatlantic venture firm more firepower to back startups from seed through growth stages. Some reports describe the raise as $2 billion across three funds, while others put the total at $2.3 billion, reflecting differences in how the vehicles were grouped and reported.
The firm says the capital will be deployed across companies transforming enterprise software, AI, and the broader infrastructure layer of the tech economy.
How the new capital is being allocated
Reporting on the raise varies slightly, but the core structure is consistent: Index is directing the money into a mix of early-stage, growth, and seed investing. One account describes the split as $800 million for venture investment and $1.5 billion for growth and late-stage companies. Another says the firm raised $900 million for venture and $1.2 billion for growth, while also noting a separate $200 million seed fund already in place.
That funding mix suggests Index is positioning itself to stay active across the startup lifecycle, rather than concentrating only on one stage of the market.
Why the timing matters for venture capital
The raise comes at a moment when venture firms are still adjusting to a more selective funding environment after the boom years, with AI becoming the dominant theme in many portfolios. Index has argued that it raised only what was appropriate for the current market, and one report said the firm completed the process in just a few weeks using its existing limited partner base.
That speed and continuity matter because they signal that large institutional investors continue to support top-tier managers, even as fundraising conditions remain more disciplined than in 2021.
Wiz and the cybersecurity payoff
Index’s recent investment success in Wiz has added momentum to the firm’s profile. Wiz has become one of the most closely watched cybersecurity companies in the market, and Index’s backing of the company is being cited as a key example of the firm’s ability to identify breakout infrastructure startups early.
While the provided sources do not detail the full terms of Index’s Wiz investment, the company is repeatedly referenced as one of the standout bets in the firm’s recent portfolio, alongside other major European and global tech winners such as Revolut, Adyen, Datadog, Slack, and Supercell.
What this says about Index’s strategy
Index continues to lean into the sectors where venture investors still see durable long-term upside: AI, enterprise software, cybersecurity, and cloud infrastructure. The firm says it wants to back companies that are “fundamentally transforming the way we live and work,” especially those building the enterprise tools and AI systems underpinning that shift.
That strategy also reflects Index’s long-standing transatlantic model. With headquarters in London and San Francisco, the firm remains one of the most visible venture platforms investing across Europe and North America.
A signal for the next funding cycle
The scale of this raise matters beyond Index itself. Large new funds from established managers often set the tone for the broader market, especially when they are focused on categories like AI and enterprise infrastructure where capital demand remains strong.
For founders, that likely means continued access to a deep-pocketed investor with the ability to support a company from its earliest rounds through late-stage scaling. For the venture market, it is another sign that the strongest firms are still able to raise substantial new pools of capital even in a more cautious fundraising environment.
What to watch next
Index is now expected to put the new funds to work across a wide range of startup stages, with particular attention on companies building AI-native products and foundational enterprise tools. The firm’s recent track record, including its success with Wiz, suggests it will remain an influential player in the next wave of startup financing.
Get All The Latest Updates Delivered Straight To Your Inbox For Free!