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

Another massive fundraise in the VC world — Index Ventures just pulled in $2 billion across three funds, bringing its total war chest to $3.5 billion. What’s striking isn’t just the scale, but the discipline: $400 million for seed, $900 million for venture, and an additional $700 million for growth. Unlike some firms inflating fund sizes recklessly, Index stays focused, and their track record proves it.

Wiz — their $32 billion exit to Alphabet — is the headline act. Index got in at the seed stage and ended up as the largest outside shareholder with a 12% stake, potentially worth nearly $3.8 billion. That’s the power of early conviction. They’ve repeated that playbook with Figma, now public, and are doubling down in AI with bold bets like Anthropic, Fireworks AI, and Physical Intelligence. The Anthropic investment alone, made at a $183 billion valuation, signals both confidence and access.

In my experience coaching founders, what stands out is how much investors value pattern recognition — and Index has clearly mastered it. They’re not chasing every trend, but backing transformative companies at pivotal moments. For entrepreneurs, that’s a reminder: it’s not just about raising money, but who backs you and when.

If you're building in AI, cybersecurity, or deep tech, studying Index’s portfolio moves could offer more insight than a dozen pitch templates. Their strategy speaks volumes.

Curious what makes their investment lens so effective? The full story is worth a read.