Index Ventures

Index Ventures
Private
Industry Venture capital
Founded 1996 (1996)
Headquarters Geneva, Switzerland, London, San Francisco and Jersey
Products Venture capital, growth capital
Total assets €2 billion
Number of employees
70+
Website www.indexventures.com

Index Ventures is a Europe- and San Francisco-based global venture capital firm, focused on making investments in information technology and life sciences companies.[1] Since its founding in 1996, the firm has invested in businesses in 24 countries.[2][3]

History

Index Ventures has its origins in a Swiss bond-trading firm called Index Securities, founded by Gerald Rimer in 1976.[4][5] In 1992, Rimer recruited his son, Neil, to join the firm and together they launched its technology investment arm, which would evolve into an independent entity, Index Ventures.[5][6][7] Index Ventures was officially founded in 1996 by Neil Rimer, his brother David and Giuseppe Zocco, [8] when they raised a pilot fund of $17 million, followed by a $180 million fund in 1998.[5] That year the firm also launched its life sciences practice, when Francesco De Rubertis joined as a partner.[9] Headquartered in Geneva and Jersey, the firm opened an office in London in 2002[10] and in San Francisco in 2011.[11]

Partners

The firm's partners include Ben Holmes, Bernard Dalle, Ilya Fushman,[12] Jan Hammer,[13] Danny Rimer, David Rimer, Neil Rimer, Dominique Vidal, Mike Volpi, and Giuseppe Zocco.

In February 2016, the firm announced Dick Costolo and Shardul Shah as partners.[14]

Index Ventures partner Danny Rimer has been named in Fortune’s “40 under 40” list of the top rising stars in business[15] and Forbes' Midas List of the top 25 deal makers in venture capital.[16]

Investments

Index Ventures has raised a number of venture funds, including Index Ventures I through VI;[17] Index Growth 1 and 2;[18] and a $200 million life sciences fund with backing from GlaxoSmithKline and Johnson & Johnson.[19]

In April 2015, Index Ventures raised $706 million, and designated it as Index Ventures Growth III.[20]

In February 2016, Index Ventures raised $550 million in its eighth funding round.[21]

In June 2014, Deliveroo raised a £2.75 million series A investment round from Index Ventures.

References

  1. "Index Ventures' Danny Rimer on how to spot tech trends". The Guardian. September 20, 2013.
  2. "Index Ventures, a leading Euro VC, opens a Valley office". TechCrunch. January 14, 2011.
  3. "Index Venture Update: New Partners Shardul Shah & Dick Costolo Added to Team & Eighth Venture Fund Closes". Crowdfund Insider.
  4. "What They're Reading". New York Times. September 5, 1995.
  5. 1 2 3 "25 Rising Stars". Fortune. May 14, 2001.
  6. "Wall Street Journal Fast Forward: Speakers and Guests".
  7. "Levie, Damelin, Rimer, Onur, Klein, Khan To Speak At TechCrunch Disrupt Europe". TechCrunch. July 24, 2013.
  8. "A venture capitalist's European mission". FT. April 24, 2010.
  9. "Veni, vidi, V.C." (PDF). University of Geneva student magazine. November 6, 2009.
  10. "Index Ventures forth, bridging Silicon Valley with Silicon Roundabout". November 30, 2011.
  11. "Index Ventures Raises $700M Fund, Opens San Francisco Office (But Keeps Focus On Europe)". November 8, 2011.
  12. "Index Ventures Hires Dropbox Exec Ilya Fushman As General Partner". TechCrunch. May 20, 2015.
  13. "Europe's biggest venture capital fund told us what it looks for in a company". Business Insider. November 28, 2015.
  14. "Index Venture Update: New Partners Shardul Shah & Dick Costolo Added to Team & Eighth Venture Fund Closes". Crowdfund Insider.
  15. "40 under 40: Danny Rimer". Fortune. April 24, 2010.
  16. "The Midas List: Tech's Top Investors". Forbes. March 26, 2014.
  17. "The Index Ventures hits €350m for latest tech-focused fund". AltAssets. 18 June 2012.
  18. "Armed With New Fund, Index Ventures Hunts For The Next Billion-Dollar Tech Firm". Forbes.com. 11 November 2011.
  19. "Index Launches Its First Life Sciences Fund: $200M And Partnering With Glaxo and Johnson & Johnson". TechCrunch. March 20, 2012.
  20. "Index Ventures raises $706M for new growth fund". VentureBeat.
  21. "Index Ventures Amasses $1.25 Billion to Back Tech Startups". Bloomberg.

External links

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