BlogWhy Fintech Startups Aren’t Killing Banks — YetWe are beyond the stage where it’s easy to get impressed by the number of new fintech startups on a chart.
InsightThe Revolution Will Be Streamed
By James Higa, Index Ventures mentor-in-residence.
InsightDeciphering the Buzz Around SecurityShardul Shah on why enterprise security is currently at an inflection point.
InsightIPOs: A how-to guide for tech startups
After a decade-long drought, there has been a rush of tech IPOs in the U.S. and Europe, and Index Ventures has been able to observe this at close hand through our investments in companies like Arista Networks, Criteo, Etsy, Hortonworks, Just Eat, King and Zendesk.
- Commission-free trading app Robinhood drives explosive growth, raises series B
Over 800,000 people waited for months before getting this company’s official invite to join this past March. Over $500 million has been transacted so far through the platform and over $12 million in commissions have been saved. Their average user is 26 and new to managing an investment portfolio online (or anywhere, for that matter).
- What comes after the family?
Restlessness is a key element of the entrepreneurial spirit and as anyone who knows me well will tell you, I am an entrepreneur to my very bones. After eight amazing years where Index has been my home, I will be moving on this summer to follow my passion — creating new companies and working with founders at the formational stages of their businesses as they plot product, team and go-to-market strategy.
- What the NHS should do to drive innovation at scale within the UK healthcare system
In 2014, $4bn was invested in digital health start-ups in the US alone. Insurers, employers and providers are all coming to recognise the benefits that technology can offer. Yet, on this side of the pond, in England, key decision makers have been far slower to act, depriving the local healthcare system of much needed innovation.
- Check Point Software To Acquire Lacoon Mobile Security
Check Point® Software Technologies Ltd., the largest pure-play security vendor globally, today announced its intention to acquire Lacoon Mobile Security. Lacoon is leading the industry in providing a solution to secure the entire mobile device, with the best advanced threat catch-rate for enterprise-grade mobile security platforms.
- Founder stories: Podcast with Drivy's Paulin Dementhon
Martin Mignot from Index Ventures chats with CEO and founder of Drivy Paulin Dementhon. Drivy, the world’s leading peer-to-peer car rental company with 500,000 users and 26,000 cars on its platform, has just acquired challenger Buzzcar and raised €8m for international expansion.
- Europe’s largest peer-to-peer car rental service Drivy acquires Buzzcar and raises €8m for international expansion
Drivy, the world’s leading peer-to-peer car rental company, has acquired challenger Buzzcar and raised €8m for international expansion from BPI’s Ecotechnologie Fund and Via-ID (Mobivia Group, former owner of Buzzcar) as well as early investors Index Ventures and Alven Capital. This third round of funding brings to €16 million the total amount raised by the company.
- Everything Must Go – why a retail revolution is transforming the industry for the better
Technology-powered innovation is rapidly reshaping industries as diverse as financial services and entertainment, changing delivery and business models, stripping out middle men and pitching agile, nothing-to-lose upstarts against even the largest of incumbents.
- Zuora Receives $115 Million Investment as Subscription Economy Goes Mainstream
Today's $115 million funding announcement from Zuora underscores the significant shift all companies are making toward subscription business models. The latest funding round brings the total amount of capital raised by Zuora to $250 million.
- Peoplevox raises $6M to offer state-of-the-art warehouse management software to booming e-commerce sector
Peoplevox, the leading provider of software-as-a-service warehouse management system, today announces a $6 million investment led by Index Ventures to help e-commerce companies modernise their warehouse operations. In a competitive and fast-growing market, seamless warehouse management is mission critical for all e-commerce players, with ineffective systems resulting in delayed, cancelled or wrong orders – which are damaging both to brand and customer loyalty.
- Supporting Zebras not just Unicorns
Now that nearly two billion people have smartphones in their pockets and software is profoundly changing the way we live and work, national and local governments around the world are paying serious attention to how the Internet is changing GDP. In an increasingly connected world, cities and countries are vying to attract the entrepreneurs and innovators who not just drive economic growth, but can also help to deliver against long-term policy objectives.
- Online marketplace for car repairs, Autobutler, raises €5.8m to transform the garage experience for European car-owners
London & Copenhagen - Autobutler, the leading online platform for car maintenance and servicing, has raised €5.8m in a round led by Index Ventures, to expand across Europe, with initial focus on Germany and the UK.
- Seedcamp Launches $30m Fund
Global investors from China, Russia, Europe and the Valley join forces to back ‘Seedcamp 2.0’ – a more extensive and ambitious approach to accelerating startups that will back 100 ventures over the next four years, with the aim of creating $1B businesses from across Europe.
- Credit Benchmark raises $7m to reshape the credit risk information market and increase transparency
Launches a ‘contributed data’ model to build anonymized consensus estimates in institutional credit risk. A dozen global banks already committed to supplying data. Consensus coverage extends from sovereigns, banks and large corporates to SMEs, emerging markets and funds. New York office to open later this year.
- ArtBinder, the Leading Mobile App for Galleries, Raises $3.17m for Product Innovation and Global Expansion
NEW YORK – ArtBinder, the pioneering app which enables galleries to present artworks remotely using simple, intuitive tools, today announces that it has raised a total of $3.17 million in a Series A round led by Index Ventures.
- MyOptique Group serves its millionth customer and raises £16 million
MyOptique Group, Europe’s leading online optical retailer, today announced it has secured £16 million (€20m) additional investment, bringing the total raised in its current Series C funding round to £35 million (€43m). At the same time it has posted its year end results, showing EBITDA profitability for the second year running.
- Canon acquires Milestone to make major advance in network video surveillance business
Canon, world leader in imaging solutions, today announced it has signed an agreement to acquire Denmark-based Milestone Systems A/S, a world leading provider of open platform video management software, via its subsidiary Canon Europa N.V.
- Zendesk, Inc. Announces Pricing of Initial Public Offering
Zendesk, Inc. today announced the pricing of its initial public offering of 11,111,111 shares of its common stock at a price of $9.00 per share. The shares are expected to begin trading on the New York Stock Exchange on May 15, 2014 under the ticker “ZEN.”
- #GIRLBOSS by Sophia Amoruso, Founder and CEO of Nasty Gal
In 2002, Sophia Amoruso was hitchhiking up and down the West Coast, dumpster diving for meals and dabbling in petty thievery. Fast forward to 2014: Sophia Amoruso is the Founder and CEO of Nasty Gal, the fastest growing online fashion retailer in the country.
- Bitcoin payments pioneer BitPay raises record $30M in Series A led by Index Ventures
BitPay, the world leader in business solutions for Bitcoin digital currency, today announces a Series A funding round of $30M (€22M), led by Index Ventures, with participation from Horizons Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Sir Richard Branson, and AME Cloud Ventures.
- Europe’s largest peer-to-peer car rental service Drivy raises €6m to expand internationally
Drivy hits 250,000 users mark and 20% month-to-month growth, as people forgo buying a car to rent one from neighbours instead. Average car owner on Drivy makes €1,000 a year from a car that would otherwise sit idle.
- Pure Storage Raises $225M, Valued at Over $3B by Leading Public Market Investors
With Plans for Continued Business Acceleration, Pure Storage Raises New Capital to Meet Market Demand, Expand Global Footprint and Preserve Long-Term Independence in Pioneering the All-Flash Future for Enterprise Storage.
- The New Perimeter: Why We Invested in Adallom
Since SaaS emerged as a viable enterprise model over a decade ago, IT directors have lost sleep many nights worrying how to secure the ever-growing, ever-morphing, perimeter-less network known unassumingly as the 'cloud'. And that challenge is only getting more complex by the day.
- Mobile-focused brokerage for all
With technology reshaping and demystifying all aspects of financial services, from foreign exchange and insurance to asset and wealth management, Index is very excited to be part of an early stage investment in Robinhood (www.Robinhoodapp.com), an iOS (and soon, Android) app, which is transforming the way people invest in individual stocks.