Ropes & Gray Serves as Counsel to Index Ventures in Raising $3.1 Billion Across Three Funds to Support Emerging Company Founders

In The News
August 9, 2021

Ropes & Gray served as lead counsel to Index Ventures on their recently announced $3.1 billion fundraise across three funds to support the next wave of company founders, across all stages and geographical locations. The new funds are spread across stages: early-stage fund Index Ventures XI, which raised $900 million; growth fund Index Ventures Growth VI, which raised $2 billion; seed fund Index Origin which raised $200 million. These three funds will collectively focus on helping companies build and scale from seed to IPO and beyond. Index Ventures announced the funds’ final close on July 22.

Founded in Geneva in 1996, Index Ventures is a venture capital firm based in London, San Francisco and Geneva, enabling entrepreneurs to turn bold ideas into transformative international businesses. Since inception, Index Ventures has partnered with exceptional entrepreneurs in Europe, the U.S. and Israel across every investment stage.

The Ropes & Gray team was led by asset management partner and private funds specialty group co-head Morri Weinberg and included tax partner Elaine Murphy, tax counsel Seth Piken, asset management counsel Mike Jurasic, asset management associates Robert Rossi, Leah Pacht Gopin, Brian Welu, and Gideon Blatt, tax associate Alexa Voskerichian, and litigation associate Emerson Siegle.