Index Ventures

As a girl growing up in Denmark and Sweden, Anine Bing dreamed of seeing the world. At 14, she convinced her parents to let her fly to Milan to pursue a career in modeling. “I was determined to go out in the world and make something for myself,” she says. Meanwhile, her future husband Nico was starting his first business at 17, running a clothing store that would grow to multiple locations across Denmark. “Whatever I could get my hands on, I tried to spin that around and make a little money and move on,” he recalls. Today, Anine and Nico are the powerhouse duo behind ANINE BING, a global fashion brand with more than 30 stores worldwide. They’ve built their success on complementary strengths — Anine’s creative vision and Nico’s business acumen — and a shared determination to create something bigger than themselves. Explore more perspectives from our founders at indexventures.com

Most employees are stuck with a one-size-fits-all insurance plan chosen by their employer. Thatch is changing that, empowering companies to give employees a tax-free healthcare budget so they can choose the insurance and care that best fits their needs. The future Thatch is building allows employees to choose the health, dental, and vision insurance they want, and use remaining funds for additional healthcare expenses. And the vision has taken off: in just a year, Thatch has partnered with thousands of companies, integrated with major healthcare brokerages, and built deep ties with platforms like QuickBooks to bring better benefits to millions. We’re thrilled to lead Thatch’s $40M Series B and continue supporting the team’s mission to create a healthcare system people love. Their emphasis on providing businesses with a more modern healthcare experience means employees gain personal, portable, and accessible benefits – solving a significant pain point for many Americans. Congrats, Adam Stevenson, Chris Ellis, and the entire Thatch team on this milestone! 🎉

At Index, we double down on exceptional entrepreneurs. Baiju Bhatt grew up the son of a NASA scientist and studied physics and math at Stanford. After college, he co-founded Robinhood, democratizing finance and building one of the great companies of his generation. But those who know him best know he’s always been passionate about space. Today, Baiju’s new company, Aetherflux, is announcing $50M in Series A funding to deliver energy to planet Earth. At a time when humanity is consuming more power than ever before, Aetherflux is taking an ambitious new approach: using satellites to capture the sun’s energy and wirelessly transmit power to the places that need it most. We’re incredibly proud to support Baiju again as Aetherflux takes on one of the world’s most urgent challenges—reshaping how energy is generated, stored, and delivered around the globe.

Please join us in welcoming Mark Xu to the Index team! 👏 Mark comes to us from Lightspeed, where he spent the past few years investing in and supporting companies like Wiz, Grafana, and Glean. He brings a truly interdisciplinary background, from conducting cancer research at Yale to training as a violinist at Juilliard to studying math, economics and computer science at Harvard, and pairs that experience with a lifelong curiosity and drive to learn. Based in NYC, Mark will focus on investing in cybersecurity, infrastructure, and AI. He’s passionate about partnering with technical founders and helping them scale companies from the earliest stages through growth. Welcome, Mark! We’re so glad you’re here.

Today, we're excited to announce a big milestone at Anrok: We are expanding into physical goods, eliminating tax compliance barriers for innovative companies operating across both worlds. Over the past few years we’ve seen a rapid convergence, where AI companies are investing in infrastructure, software providers are bringing hardware solutions to market, and traditional retailers look more like tech platforms every day. The future of business is not just digital or physical - it's both. The businesses defining tomorrow's economy don't fit in traditional boxes. Your business model is already evolving with this shift—your tax solution should too. Learn how Anrok is supporting this next generation of businesses in our announcement below!

Congratulations to Temporal Technologies on its $146M Series C! At Index, we’ve long believed in Temporal’s vision to redefine durable execution, enabling developers to build failure-proof, resilient applications at scale. With 183,000+ weekly active developers and adoption by industry leaders like Snap, Netflix, and Datadog, Temporal is proving essential for mission-critical and AI-driven workloads. We're excited to continue this journey with Samar Abbas, Maxim Fateev, and the incredible Temporal team as they make execution reliability the default for every organization. https://lnkd.in/gcUP88kv

One thing that’s stood out since we opened our New York office in 2022: the digital health ecosystem here is stronger than ever. Behind the scenes: a network of alumni from industry standouts like Oscar Health, Flatiron Health, Thirty Madison and Ro who’ve set out to build the next wave of startups worth watching. Index Partners Susana Rojas and Martin Mignot spoke with founders about their experiences at these four industry giants, the companies they went on to build, and why they believe so strongly in New York as a hub for digital health. https://lnkd.in/gtcUJr9t

Next week, Index Partner Shardul Shah will join Michael Fey and Michael Shaulov to discuss innovation with purpose at #CYBERSPARX. See you in Miami! 🌴

This Friday, Sofia Dolfe will join Stef van Grieken of Cradle for a fireside chat at START Summit for a conversation about how AI is Reinventing Biotech. AI is making big promises in biotech, but where is it actually delivering? We’ll cut through the noise and dig into: 🔬 The real impact of AI in biotech R&D today ⏳ How automation is shrinking experimental cycles from years to weeks 🛠️ Why the tools approach (vs. molecule-by-molecule development) is key to scaling innovation If you’re at START Summit in St. Gallen, swing by. And if you’ve got burning questions about AI + biotech, drop them in the comments!

✨🖥 Google has announced its intention to acquire Wiz for $32bn, subject to regulatory approvals. It will be one of the largest technology acquisitions of all time upon approval. 🤝 Index couldn’t be more proud of what CEO Assaf, his co-founders Ami, Roy and Yinon, and all the Wizards have achieved. 🙌 This is a profoundly personal milestone for Index. Our partner Shardul Shah met Assaf and his co-founders more than ten years ago when Index backed their first company, Adallom. With Wiz, we’ve continued our journey with this incredible group of founders. 💬 In the words of our partner Shardul: “Wiz is a once-in-a-generation company, positioned at the powerful intersection of three transformational trends—AI, cloud, and security. By joining forces with Google, Wiz will accelerate innovation for customers globally.” 🌏 Wiz is a true global phenomenon, loved by users worldwide. Wiz’s mission and ambition will endure beyond today and this announcement. AI & cloud will continue transforming our lives, and Wiz will ensure companies operate safely. 🎉 Wiz team, we will cheer you on as you keep making magic!!  We are excited for both companies and the groundbreaking technological advancements they will drive together. Read more about the news in a blog from Shardul https://lnkd.in/eYycScPv