Skip to content
Welcome, thoughtbot's Giant Robots listeners!Start here
Index Ventures
AI-generated illustration
OrganisationGB

Index Ventures

Geneva-founded transatlantic venture capital firm investing across Europe and the US from seed to growth.

Index Ventures, the Geneva-founded transatlantic VC, co-led Edinburgh legal-AI firm Wordsmith AI's £52.1m Series B on 4 June 2026, one of three UK AI rounds it backed in 2026 alongside Granola's $125m Series C and Ineffable Intelligence's $1.1bn seed.

Last refreshed: 22 September 2026 · Appears in 4 active topics

Key Question

Why is a Geneva-founded VC consistently first into the UK's fastest-growing AI startups?

Timeline for Index Ventures

#14 3 Aug
#14 31 Jul

Raised $2bn across a seed, venture and growth fund

UK Startups and Innovation: Index raises $2bn across three funds
#9 17 Jun

Co-led Conduct's $60m Series A

UK Startups and Innovation: Conduct takes $60m as SAP buys in
#7 4 Jun

co-led the Wordsmith AI £52.1m Series B

UK Startups and Innovation: Wordsmith pulls a £52m round to Edinburgh
View full timeline →

Background

Index Ventures was founded in Geneva in 1996 by Neil Rimer, David Rimer and Giuseppe Zocco, evolving from Swiss bond-trading roots into a transatlantic venture firm with offices in London, opened in 2002, and San Francisco, opened in 2011. It invests across every stage, from seed through growth, and shares partners across its European and American offices so portfolio companies keep the same TEAM on both sides of The Atlantic.

The Firm's historical portfolio defines several of European venture's highest-water marks, including Adyen, Deliveroo, Farfetch, King, Supercell, Skype, Squarespace, Roblox, Discord and Figma. As of July 2024 it had raised roughly $15bn since founding across its full fund history, a separate figure from any capital raised since.

Index's London office, opened in 2002, gives it an early look at British companies before purely US-focused firms arrive. That pattern stretches from historical exits such as Skype and Squarespace through to its co-led role in Granola's Series C (with Kleiner Perkins) and Wordsmith AI's Series B (with Highland Europe) in 2026, and its participation, alongside Google, Nvidia and the British Business Bank, in Ineffable Intelligence's $1.1bn seed round the same year, co-led by Sequoia Capital and Lightspeed Venture Partners.

Key Issues
UK AI megadeals

Index keeps writing UK AI cheques

Index co-led Edinburgh legal-AI firm Wordsmith AI's £52.1m Series B alongside Highland Europe on 4 June 2026. It followed Index's co-led role, alongside Kleiner Perkins, in Granola's $125m Series C in March, valuing the London notetaking platform at $1.5bn, and its participation, alongside Google, Nvidia and the British Business Bank, in Ineffable Intelligence's $1.1bn seed round on 27 April, co-led by Sequoia Capital and Lightspeed Venture Partners.

That pace reflects fresh Firepower: on 31 July 2026 Index raised $2bn across three new funds, taking its total investing capacity to $3.5bn across every stage from first cheques to growth rounds. As UK venture funding concentrates into a handful of AI megadeals, that capacity keeps Index able to write cheques at the scale those deals now require.

Common Questions

Reference

Where was Index Ventures founded?
Index Ventures was founded in Geneva in 1996 by Neil Rimer, David Rimer and Giuseppe Zocco, later opening offices in London and San Francisco.Source: Lowdown
How much has Index Ventures raised in new funds?
Index Ventures raised $2bn across three funds in August 2026: a $400m seed fund, a $900m venture fund and a growth fund upsized by $700m to $2.2bn, for $3.5bn of total investing capacity.Source: Lowdown
Which UK AI startups has Index Ventures backed in 2026?
Index Ventures backed Granola, Multiverse and Ineffable Intelligence earlier in 2026, then co-led Conduct's $60m Series A and Wordsmith AI's £52.1m Series B.Source: Lowdown
Why is Index Ventures so active in UK AI in 2026?
Index has a long pattern of building concentrated positions in emerging UK software categories before US capital arrives in force. Its three major UK AI deals in under three months in 2026 (Granola, Ineffable Intelligence, Multiverse) follow this playbook.Source: event
What companies has Index Ventures invested in?
Index's portfolio includes Adyen, Deliveroo, Figma, Discord, Roblox, Skype, Squarespace, and Farfetch, among others. It led Granola's $125m Series C in 2026.Source: Index Ventures
How much money does Index Ventures manage?
Index has raised approximately $15bn in total capital. In July 2024 it announced $2.3bn in new funds: $800m early-stage and $1.5bn growth.
Source Material