8VC

8VC is a prominent venture capital firm based in San Francisco, co-founded by Joe Lonsdale, known for his involvement with companies like Palantir and Addepar. The firm distinguishes itself through a "company-building" approach, actively working to transform traditional industries by investing in and incubating foundational technology. Their core thesis revolves around identifying sectors ripe for disruption, such as logistics, healthcare IT, government technology, and enterprise software, and then backing or creating companies that develop critical infrastructure solutions. 8VC often takes a hands-on role, leveraging its extensive network and operational expertise to support portfolio companies from their earliest stages.

The firm primarily focuses on Seed, Series A, and Series B investments, often leading rounds and providing substantial initial capital. While they participate in various stages, their sweet spot is typically in early-stage companies that are developing vertical software platforms designed to address specific, complex industry challenges. 8VC's investment philosophy emphasizes long-term value creation, aiming to build enduring businesses rather than pursuing quick exits. They are known for their deep dives into market opportunities and their commitment to helping founders navigate the complexities of scaling transformative technologies.

8VC has demonstrated significant financial strength and a robust investment capacity. The firm closed its fifth flagship fund, 8VC Fund V, at $880 million in 2022, further solidifying its ability to make impactful investments. This latest fund contributes to their impressive total assets under management, which now exceed $6 billion. Typical first checks from 8VC range from approximately $5 million for significant Seed or smaller Series A rounds, extending up to $30 million for leading larger Series A or Series B investments, reflecting their commitment to providing substantial initial capital to their portfolio companies. Their portfolio includes notable successes across various sectors, underscoring their strategic focus on building the next generation of industrial technology leaders.