Venture capital firm
Index Ventures portfolio
indexventures.comIndex Ventures is a venture capital firm based in London, United Kingdom, founded in 1996. It has invested in 353 venture-backed companies across 610 funding rounds on VCMC, and led 230 of those rounds. 57 of them were in the last 12 months.
353
Venture-backed companies
in its portfolio on VCMC
610
Funding rounds
led 230
57
Last 12 months
rounds, Oct 2025 to Sep 2026
120
With a disclosed valuation
of 353 companies
$422.8B
Combined value of its private companies
the whole companies, not what Index Ventures owns
322 private companies Index Ventures has backed have a VCMC valuation; together they are worth $422.8B. That is the value of the whole companies, not what Index Ventures owns. Revolut is 18% of the total. 31 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Index Ventures' most valuable portfolio companies
The 10 most valuable private companies Index Ventures has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Revolut Banks & ATMs, London $78.1B range $61.5B – $91.0B Led at Seed, 2016
- 2 Mistral AI Software Development Services, Paris $25.2B range $21.2B – $36.6B Joined at Seed, 2023
- 3 ClickHouse Tech Companies, Redwood City $19.9B range $13.0B – $25.0B Led at Series A, 2021
- 4 Fireworks AI Tech Companies, San Mateo $19.5B range $15.2B – $29.8B Led at Series C, 2025
- 5 Discord Tech Companies, San Francisco $16.4B range $6.5B – $29.8B Joined at Growth, 2017
- 6 Motive Tech Companies, San Francisco $14.6B range $9.5B – $24.2B Joined at Series B, 2017
- 7 Tech Companies, San Francisco $13.0B range $5.1B – $15.0B Led at Series B, 2020
- 8 Temporal Tech Companies, Bellevue $12.9B range $10.9B – $18.8B Led at Series B, 2022
- 9 Plaid Payment Processing & Point of Sale, San Francisco $8.5B range $5.7B – $10.2B Joined at Series C, 2018
- 10 Cohere Tech Companies, Toronto $8.4B range $6.1B – $9.7B Led at Series A, 2021
Portfolio
Full Index Ventures portfolio (353 companies)
353 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Revolut Banks & ATMs · led at Seed, 2016 | Growth Equity Sep 2025 $2.00B | $78.1B | $61.5B – $91.0B | $67.8B (-13%) | $8.0B | 35% | 20,310 | flat | A | |
| 2 | Mistral AI Software Development Services · since Seed, 2023 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 3 | Prodigy Finance Loans & Financing · led at Series C, 2017 | Growth Equity Nov 2024 $310M | $626M | $389M – $1.2B | $374M (-40%) | $106M | 97% | 164 | shrinking | B | |
| 4 | Fireworks AI Tech Companies · led at Series C, 2025 | Series D Jul 2026 $1.50B | $19.5B | $15.2B – $29.8B | $25.9B (+33%) | $2.8B | 0% | 448 | growing | B | |
| 5 | Motive Tech Companies · since Series B, 2017 | Growth Equity Sep 2026 $1.30B | $14.6B | $9.5B – $24.2B | $15.9B (+9%) | $1.4B | 0% | 6,205 | up | B | |
| 6 | Motive Tech Companies · since Series B, 2017 | Growth Equity Sep 2026 $1.30B | $7.4B | $5.2B – $11.5B | $8.1B (+9%) | $792M | 0% | 259 | flat | B | |
| 7 | Plaid Payment Processing & Point of Sale · since Series C, 2018 | Growth Equity Apr 2025 $575M | $8.5B | $5.7B – $10.2B | $8.1B (-5%) | $832M | 18% | 5,107 | growing | A | |
| 8 | Temporal Tech Companies · led at Series B, 2022 | Series E Sep 2026 $550M | $12.9B | $10.9B – $18.8B | $16.3B (+26%) | $1.8B | 0% | 610 | growing | A | |
| 9 | Alan Insurance - Agents, Carriers & Brokers · led at Series A, 2018 | Series G Jun 2026 $550M | $6.9B | $5.5B – $9.6B | $8.3B (+20%) | $997M | 0% | 1,609 | up | A | |
| 10 | Cohere Tech Companies · led at Series A, 2021 | Growth Equity Sep 2025 $100M | $8.4B | $6.1B – $9.7B | $8.4B (0%) | $757M | 0% | 1,218 | growing | A | |
| 11 | Bridge Payment Processing & Point of Sale · since Growth, 2024 | Bridge Feb 2025 $1.10B | $650M | $319M – $990M | $650M (0%) | $63.8M | 0% | 198 | growing | B | |
| 12 | Fireblocks Software Development Services · since Series E, 2022 | Series E Jan 2022 $550M | $7.5B | $1.1B – $11.2B | $7.2B (-4%) | $1.4B | 0% | 970 | up | D | |
| 13 | Discord Tech Companies · since Growth, 2017 | Series I Sep 2021 $500M | $16.4B | $6.5B – $29.8B | $15.5B (-5%) | $2.9B | 26% | 5,115 | growing | C | |
| 14 | Arctic Wolf Tech Companies · since Series D, 2020 | Debt Oct 2022 $401M | $6.0B | $490M – $7.9B | $5.7B (-5%) | $935M | 0% | 3,285 | flat | D | |
| 15 | Wonderful Software Development Services · led at Seed, 2025 | Series C Sep 2026 $550M | $5.2B | $4.3B – $7.5B | $6.5B (+25%) | $872M | 0% | 737 | growing | A | |
| 16 | ClickHouse Tech Companies · led at Series A, 2021 | Series D Jan 2026 $400M | $19.9B | $13.0B – $25.0B | $21.7B (+9%) | $2.4B | 0% | 577 | growing | B | |
| 17 | Rohlik Group Groceries · led at Series B, 2021 | Growth Equity Jun 2024 $170M | $1.9B | $552M – $3.1B | $1.8B (-8%) | $200M | 11% | 342 | flat | C | |
| 18 | Coalition Insurance - Agents, Carriers & Brokers · led at Series D, 2021 | Series F Jul 2022 $250M | $2.8B | $573M – $8.3B | $2.4B (-13%) | $845M | 47% | 706 | flat | D | |
| 19 | Rohlik Groceries · since Series B, 2021 | Growth Equity Jun 2024 $171M | $2.3B | $793M – $3.5B | $2.2B (-1%) | $223M | 0% | – | up | C | |
| 20 | Tekion Tech Companies · since Series C, 2020 | Growth Equity Jul 2024 $200M | $4.6B | $2.1B – $5.3B | $4.6B (-1%) | $409M | 0% | 3,016 | up | B | |
| 21 | Collibra Tech Companies · led at Series B, 2015 | Series G Nov 2021 $250M | $3.0B | $292M – $7.0B | $2.8B (-5%) | $820M | 14% | 1,108 | flat | D | |
| 22 | Cockroach Labs Tech Companies · since Series C, 2019 | Series F Dec 2021 $278M | $5.1B | $398M – $7.1B | $4.7B (-8%) | $798M | 0% | 709 | flat | D | |
| 23 | Gong Tech Companies · since Series D, 2020 | Series E Jun 2021 $250M | $8.4B | $647M – $13.6B | $8.0B (-5%) | $1.5B | 0% | 2,109 | flat | D | |
| 24 | Coinmerce Cryptocurrency · led at Series B, 2019 | Series E Oct 2021 $270M | $3.0B | $609M – $9.9B | $2.6B (-14%) | $1.1B | 59% | 2,106 | flat | D | |
| 25 | PhysicsX Tech Companies · since Series A, 2023 | Series C Jun 2026 $300M | $2.7B | $2.1B – $3.7B | $3.2B (+20%) | $386M | 0% | 319 | growing | A | |
| 26 | Remote Tech Companies · led at Series A, 2020 | Series C Apr 2022 $300M | $6.9B | $2.9B – $8.0B | $6.9B (0%) | $762M | 0% | 19,027 | growing | B | |
| 27 | Multiverse Professional & Management Training · led at Series A, 2019 | Growth Equity May 2026 $70M | $2.2B | $1.8B – $2.7B | $2.3B (+6%) | $228M | 0% | 1,281 | flat | A | |
| 28 | ApplyBoard Tech Companies · since Series C, 2020 | Debt Sep 2024 $74M | $1.4B | $331M – $5.7B | $1.3B (-8%) | $544M | 71% | 1,075 | down | D | |
| 29 | Goat Group Shoes & Other Footwear Stores · led at Series C, 2018 | Series F Jun 2021 $195M | $978M | $350M – $6.7B | $821M (-16%) | $656M | 93% | 959 | down | D | |
| 30 | Decagon Software Development Services · led at Series D, 2026 | Series D Jan 2026 $250M | $6.4B | $3.9B – $8.3B | $7.3B (+13%) | $798M | 0% | 586 | growing | B | |
| 31 | BlaBlaCar Buses, Shuttles & Local Transit · led at Series C, 2014 | Debt Apr 2024 $108M | $675M | $148M – $1.4B | $675M (0%) | $183M | 49% | 1,607 | flat | D | |
| 32 | Dream Games Tech Companies · led at Series A, 2021 | Private Equity Dec 2025 $2.50B | $2.9B | $399M – $5.4B | $2.8B (-1%) | $648M | 0% | 472 | up | D | |
| 33 | Pave Tech Companies · led at Series C, 2022 | Series C Jun 2022 $100M | $1.6B | $278M – $2.8B | $1.5B (-4%) | $279M | 0% | 297 | up | D | |
| 34 | DeepL Tech Companies · led at Series B, 2024 | Series B May 2024 $300M | $3.0B | $819M – $3.8B | $2.3B (-24%) | $398M | 12% | 1,550 | flat | C | |
| 35 | Starburst Tech Companies · led at Series A, 2019 | Series D Feb 2022 $250M | $2.6B | $282M – $4.9B | $2.5B (-6%) | $515M | 16% | 530 | flat | D | |
| 36 | Patreon Tech Companies · led at Series A, 2014 | Series F Aug 2021 $155M | $4.3B | $644M – $6.5B | $4.0B (-5%) | $710M | 0% | 1,228 | up | D | |
| 37 | PayFit Tech Companies · since Seed, 2016 | Series E Jan 2022 $287M | $996M | $170M – $2.9B | $950M (-5%) | $335M | 46% | 775 | flat | D | |
| 38 | Quantive Tech Companies · led at Series C, 2021 | Series C Dec 2021 $120M | $248M | $71.7M – $2.1B | $247M (0%) | $156M | 97% | 72 | down | D | |
| 39 | Unbabel Translation Services · since Series B, 2018 | Series C Sep 2019 $60M | $112M | $31.5M – $525M | $112M (0%) | $65.7M | 80% | 658 | down | D | |
| 40 | Spatial Tech Companies · since Series A, 2020 | Series B Dec 2021 $25M | $128M | $12.5M – $299M | $120M (-6%) | $31.1M | 28% | 60 | flat | D | |
| 41 | Keyring Network Tech Companies · since Seed, 2024 | Seed Mar 2024 $6.0M | $73.6M | $10.5M – $120M | $54.4M (-26%) | $16.4M | 9% | 25 | flat | D | |
| 42 | Tech Companies · since Series C, 2022 | Series D Apr 2025 $200M | $2.8B | $1.9B – $3.2B | $2.8B (0%) | $310M | 0% | 708 | growing | A | |
| 43 | Tech Companies · led at Series B, 2016 | Series E Jun 2021 $200M | $1.8B | $165M – $3.1B | $1.7B (-6%) | $355M | 7% | 876 | flat | D | |
| 44 | Tech Companies · led at Seed, 2011 | Series E Nov 2024 $175M | $2.9B | $1.7B – $3.3B | $2.9B (0%) | $318M | 0% | 1,055 | up | B | |
| 45 | Tech Companies · led at Series B, 2020 | Series C Oct 2021 $275M | $13.0B | $5.1B – $15.0B | $13.0B (0%) | $1.4B | 0% | 7,239 | growing | B | |
| 46 | Tech Companies · led at Seed, 2016 | Series D Feb 2022 $125M | $350M | $137M – $2.2B | $335M (-4%) | $216M | 97% | 251 | down | D | |
| 47 | Tech Companies · since Seed, 2011 | Series D Mar 2022 $150M | $865M | $113M – $1.7B | $790M (-9%) | $180M | 24% | 338 | flat | D | |
| 48 | Tech Companies · since Seed, 2019 | Other Aug 2026 $99M | $1.9B | $1.2B – $2.2B | $1.9B (0%) | $211M | 0% | 294 | growing | B | |
| 49 | Tech Companies · led at Series C, 2015 | Other Jul 2019 $20M | $939M | $41.1M – $1.4B | $939M (0%) | $89.4M | 0% | 1,683 | flat | D | |
| 50 | Tech Companies · led at Seed, 2022 | Series B Jul 2026 $100M | $759M | $464M – $1.4B | $988M (+30%) | $109M | 0% | 176 | growing | B |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Index Ventures invests: stages, industries and countries
Most of its rounds are Series C and later (33%). Its companies span 70 industries, most in Tech Companies, Payment Processing & Point of Sale and Software Development Services, across 27 countries.
Rounds by stage
- Pre-seed 3
- Seed 96
- Series A 172
- Series B 139
- Series C and later 199
- Other venture 1
Investments by industry
- Tech Companies 216
- Payment Processing & Point of Sale 14
- Software Development Services 13
- Clothing Stores 5
- Insurance - Agents, Carriers & Brokers 5
- Investment Consultants & Financial Advisors 5
- Accounting & Bookkeeping Services 4
- Professional & Management Training 4
Investments by country
- United States 211
- United Kingdom 57
- France 15
- Germany 15
- Netherlands 7
- Belgium 6
Recent rounds
Index Ventures' latest investments
Index Ventures' most recent funding rounds, newest first. 57 rounds in the last 12 months.
- Series A $32M 14 Oct 2026
- Series B $55M 13 Oct 2026
- Growth $30M 13 Oct 2026
- Series B $35M 7 Oct 2026
- Series B $90M 6 Oct 2026
- Seed $3.0M 2 Oct 2026
- Seed, led $20M 24 Sep 2026
- Seed, led $9.0M 16 Sep 2026
- Series B $25M 16 Sep 2026
- Series C $108M 15 Sep 2026
Co-investors
Index Ventures' top co-investors
The investors that most often join the same rounds as Index Ventures. Sequoia Capital leads, with 55 rounds together.
- Sequoia Capital 55 rounds together
- Andreessen Horowitz 54 rounds together
- Accel 41 rounds together
- Y Combinator 35 rounds together
- Coatue 32 rounds together
- Thrive Capital 32 rounds together
- General Catalyst 31 rounds together
- Lightspeed Venture Partners 30 rounds together
- Kleiner Perkins 28 rounds together
- Insight Partners 28 rounds together
About
About Index Ventures
Index Ventures (UK) LLP is a British limited liability partnership that operates as a venture capital firm and private equity investor. The company provides early-stage and growth capital investments to startups and established companies across sectors such as technology, finance, retail, and consumer goods. Index Ventures also offers strategic support and networking opportunities for entrepreneurs and their teams, and is involved in the development of impact-driven organizations through its investment activities.
Description from Veridion's company data.
- Founded
- 1996
- Based in
- London, United Kingdom
- Team
- 117 people, +7% in a year
- Type
- Venture capital firm
Focus markets
- Technology
- Finance
- Retail
- Consumer Goods
What Index Ventures offers
- Venture Capital Investment Services
- Early-Stage Startup Investment Services
- Growth Capital Investment Services
- Seed Stage Investment Services
- Series A Investment Services
- Series B Investment Services
- Series C Investment Services
- IPO Participation Investment Services
Questions
Index Ventures: frequently asked questions
How many companies has Index Ventures invested in?
353 venture-backed companies on VCMC, across 610 funding rounds.
What are Index Ventures' most valuable private companies?
Revolut ($78.1B), Mistral AI ($25.2B), ClickHouse ($19.9B), by VCMC's valuation.
What was Index Ventures' latest investment?
Duvo, a Series A round in Oct 2026 of $32M.
Which stages does Index Ventures invest in?
Index Ventures invests most often at Series C and later (199 rounds), followed by Series A (172) and Series B (139). It has also joined 96 seed, 3 pre-seed and 1 other venture rounds.
What is Index Ventures' portfolio worth?
Its private companies with a VCMC valuation are worth $422.8B together. That is the sum of the companies' values, not what Index Ventures owns.
Who does Index Ventures invest alongside?
Sequoia Capital (55 rounds), Andreessen Horowitz (54 rounds), Accel (41 rounds).