Index Ventures

Temporal Technologies develops an open-source microservices orchestration platform that enables developers to build and operate resilient, scalable distributed applications. The platform provides workflow orchestration for tasks of any size, with built-in support for exponential activity retries and native saga pattern coordination to ensure reliable execution across microservice architectures. It also offers development, debugging, testing, resource provisioning, and monitoring tools, along with cloud services to run Temporal workloads and manage data pipelines. The company focuses on helping teams coordinate complex distributed workflows and ensure fault tolerance. Temporal Technologies was founded in 2019 and is based in Bellevue, Washington.

Pomelo is a fintech-as-a-service platform focused on providing innovative payment solutions in Latin America. The company has developed a digital processing platform designed to enhance payment services by allowing businesses to create virtual accounts and issue prepaid and credit cards. This is achieved through compliant onboarding processes, which facilitate the customization required by fintech companies and embedded finance players for their specific programs. By redefining the possibilities in payment services, Pomelo aims to support the growth and efficiency of financial technology in the region.

Positron Networks automates machine learning processes for data analysts. Its platform streamlines data transformation, model development, and infrastructure selection, enabling users to accelerate insights across industries like engineering, science, healthcare, and finance.

Dagster Labs is a developer of an open-source data orchestration platform called Dagster. This platform is designed to facilitate the development, production, and observation of data assets, enabling organizations to create productive and scalable data environments. By utilizing a Python library, Dagster allows users to build modern data applications that promote seamless collaboration in processing and producing trusted and reliable data. The platform is engineered to integrate easily with existing tools and infrastructure, enhancing the efficiency and effectiveness of data management for clients.

Liquido is a digital payment solutions platform specializing in Latin American markets. It offers turn-key solutions for instant transactions, cross-border support, pay-in and pay-out services, enabling clients to make and collect payments efficiently.

Otterize is a developer of an intent-based access control infrastructure platform that simplifies secure access for developers. The company focuses on managing existing access controls by utilizing a declarative approach to service-to-service authorization. Its platform enables the creation and application of client intent files, which automatically configure authorizations. This functionality allows DevOps and platform engineers to effectively manage access control, facilitating the automated and secure connection of services to one another and to the underlying infrastructure. By streamlining these processes, Otterize enhances transparency and security in access management for development teams.

Temporal Technologies develops an open-source microservices orchestration platform that enables developers to build and operate resilient, scalable distributed applications. The platform provides workflow orchestration for tasks of any size, with built-in support for exponential activity retries and native saga pattern coordination to ensure reliable execution across microservice architectures. It also offers development, debugging, testing, resource provisioning, and monitoring tools, along with cloud services to run Temporal workloads and manage data pipelines. The company focuses on helping teams coordinate complex distributed workflows and ensure fault tolerance. Temporal Technologies was founded in 2019 and is based in Bellevue, Washington.

Topi is a Berlin-based fintech company founded in 2021 by Charlotte Pallua and Estelle Merle. It operates a B2B subscription platform that enables retailers and manufacturers to rent out their equipment to other businesses, effectively facilitating a Hardware-as-a-Service model. Topi provides a technological infrastructure that streamlines the rental process and includes features such as automated fraud and risk screening, as well as integrations with trade-in partners, financial institutions, and insurance providers. This infrastructure allows clients to manage access, refinancing, insurance, and hardware management seamlessly, enhancing operational efficiency across various sales channels, including e-commerce and in-store transactions. The company has raised nearly USD 50 million to date, positioning itself as a key player in the evolving subscription economy.

Pomelo is a fintech-as-a-service platform focused on providing innovative payment solutions in Latin America. The company has developed a digital processing platform designed to enhance payment services by allowing businesses to create virtual accounts and issue prepaid and credit cards. This is achieved through compliant onboarding processes, which facilitate the customization required by fintech companies and embedded finance players for their specific programs. By redefining the possibilities in payment services, Pomelo aims to support the growth and efficiency of financial technology in the region.

Grid.ai, Inc. is a technology company founded in 2019 and based in New York, New York, that specializes in developing a platform for training artificial intelligence models using cloud-based graphics processing units (GPUs) and tensor processing units (TPUs). The platform provides several tools, including Grid Train, which facilitates research iteration and simplifies AI research, as well as Grid View, a web application for monitoring and managing infrastructure. Additionally, it offers Tensorboard for analyzing experiments. The company's solutions are designed to enhance the capabilities of machine learning engineers, data scientists, and AI researchers, allowing them to build advanced AI models and applications with minimal changes to existing code. Grid.ai emerged from the creators of the widely used PyTorch Lightning framework, further solidifying its expertise in high-performance AI research.

Temporal Technologies develops an open-source microservices orchestration platform that enables developers to build and operate resilient, scalable distributed applications. The platform provides workflow orchestration for tasks of any size, with built-in support for exponential activity retries and native saga pattern coordination to ensure reliable execution across microservice architectures. It also offers development, debugging, testing, resource provisioning, and monitoring tools, along with cloud services to run Temporal workloads and manage data pipelines. The company focuses on helping teams coordinate complex distributed workflows and ensure fault tolerance. Temporal Technologies was founded in 2019 and is based in Bellevue, Washington.

Check is the leading payroll platform that pioneered the ability for companies to differentiate and open up new revenue streams by embedding payroll into their platforms. Historically, complex regulatory structures stagnated payroll innovation, making it harder for businesses to create their own payroll offerings. By building on Check’s best in class infrastructure, flexible API, and deep expertise, platforms can launch profitable payroll businesses much faster, and with little overhead or administrative burden. Since Check’s public launch in January 2021, leading vertical SaaS companies and large scale workforce management horizontal platforms have built successful payroll businesses on its infrastructure. Check’s partners collectively serve more than 250,000 businesses and over 4 million employees. Check is backed by Stripe, Thrive Capital, Index Ventures, and Bedrock.

SphereEx builds new distributed data infrastructures, by being fully committed to the open source community, the platform concept, and cutting-edge Big Data technological innovation. Our R&D efforts led to the success of ShardingSphere, a "platform, pluggable, cloud-native" distributed middleware solution ideal for large-scale data and data value-added applications. Our pioneering "Database Plus" and "Database Mesh" concepts are designed to unlock innovative data usage concepts, improve enterprise data applications, and easily respond to complex data scenarios. Following over 5 years of development, the ShardingSphere project has gained more than 13 thousand GitStars on GitHub, involving over 200 contributors, becoming one of the most popular open source projects. In April 2020, ShardingSphere successfully graduated from the Apache Incubator, and became an Apache Software Foundation Top-Level Project. More recently, ShardingSphere has also been recognized as a Cloud Native Computing Foundation (CNCF) Panorama project. To date, ShardingSphere has already been used in more than 160 enterprise and production environments covering the financial, logistics, O2O, internet & cloud computing fields, to help achieve enterprise digital transformation.

Topi is a Berlin-based fintech company founded in 2021 by Charlotte Pallua and Estelle Merle. It operates a B2B subscription platform that enables retailers and manufacturers to rent out their equipment to other businesses, effectively facilitating a Hardware-as-a-Service model. Topi provides a technological infrastructure that streamlines the rental process and includes features such as automated fraud and risk screening, as well as integrations with trade-in partners, financial institutions, and insurance providers. This infrastructure allows clients to manage access, refinancing, insurance, and hardware management seamlessly, enhancing operational efficiency across various sales channels, including e-commerce and in-store transactions. The company has raised nearly USD 50 million to date, positioning itself as a key player in the evolving subscription economy.

Dagster Labs is a developer of an open-source data orchestration platform called Dagster. This platform is designed to facilitate the development, production, and observation of data assets, enabling organizations to create productive and scalable data environments. By utilizing a Python library, Dagster allows users to build modern data applications that promote seamless collaboration in processing and producing trusted and reliable data. The platform is engineered to integrate easily with existing tools and infrastructure, enhancing the efficiency and effectiveness of data management for clients.

Cord offers a collaboration toolkit that enables products to integrate live features such as chat, commenting, presence, notifications, and more. It provides customizable components, a rich SDK, and powerful APIs for multi-player functionality.

Tekion is a cloud-native automotive retail platform developer that connects OEMs, retailers/dealers, and consumers through a unified suite of applications. Its Automotive Retail Cloud (ARC) serves dealers by facilitating the entire vehicle sales cycle online, while Automotive Enterprise Cloud (AEC) supports manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) enables technology and industry partners. The platform provides digital sales management, personalized upsell and cross-sell opportunities, compliance management, customer engagement, data insights, and bidirectional integration, leveraging big data, machine learning, and AI to enhance efficiency, revenue, and retention across the automotive retail ecosystem. Founded in 2016 and based in San Ramon, California.

Founded in 2015, Printify is a leading global print-on-demand platform empowering individuals to launch their own online businesses risk-free. With over 700 employees across three offices and diverse teams worldwide, the company offers a wide range of customizable products, from apparel to home goods, enabling entrepreneurs to expand with minimal investment.

TriggerMesh Inc. is a software company based in Cary, North Carolina, that specializes in serverless solutions for developers. The company offers a comprehensive platform for deploying, orchestrating, and managing functions-as-a-service (FaaS) across various cloud environments. Key products include EveryBridge, a serverless event bus that integrates applications through real-time data from diverse sources, and TriggerMesh, a cloud and on-premises platform powered by Knative. Additionally, TriggerMesh provides open-source projects such as TriggerMesh Aktion, which facilitates running GitHub Actions in Kubernetes, and TriggerMesh KLASS and KLR, which enhance interoperability between AWS Lambda functions and Knative clusters. The company also offers open-source development services and expertise in Kubernetes and Knative projects, enabling organizations to create enterprise-grade applications that operate seamlessly across multiple clouds and data centers.

Pomelo is a fintech-as-a-service platform focused on providing innovative payment solutions in Latin America. The company has developed a digital processing platform designed to enhance payment services by allowing businesses to create virtual accounts and issue prepaid and credit cards. This is achieved through compliant onboarding processes, which facilitate the customization required by fintech companies and embedded finance players for their specific programs. By redefining the possibilities in payment services, Pomelo aims to support the growth and efficiency of financial technology in the region.

Plaid is a technology platform that provides APIs and developer tools to connect consumer bank accounts and financial data with applications. It enables developers to build modern financial services by offering infrastructure and intelligence tools that allow access to transactions, authentication for bank accounts, identity verification, real-time balances, asset verification, and income data. Its products include Transactions, Auth, Identity, Balance, Assets, and Income, supporting personal finance, consumer payments, lending, banking and brokerage, and business finance solutions. Plaid serves developers from startups to large financial institutions, helping democratize financial services with a developer-friendly experience. The company was founded in 2012 and is headquartered in San Francisco, California.

Founded in 2019, Chord provides headless commerce technology and data management solutions tailored for commerce entrepreneurs. Its platform offers scalable tech software, sophisticated data insights, and governance tools to enhance businesses by leveraging first-party data.

Founded in 2019, Nacelle develops headless e-commerce software that connects with an online store's product catalog. Its platform enables merchants to connect with their platform, developers to create storefronts without coding, and agencies to add apps. It also offers headless progressive web app implementation for existing Shopify stores.

Tekion is a cloud-native automotive retail platform developer that connects OEMs, retailers/dealers, and consumers through a unified suite of applications. Its Automotive Retail Cloud (ARC) serves dealers by facilitating the entire vehicle sales cycle online, while Automotive Enterprise Cloud (AEC) supports manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) enables technology and industry partners. The platform provides digital sales management, personalized upsell and cross-sell opportunities, compliance management, customer engagement, data insights, and bidirectional integration, leveraging big data, machine learning, and AI to enhance efficiency, revenue, and retention across the automotive retail ecosystem. Founded in 2016 and based in San Ramon, California.

Grid.ai, Inc. is a technology company founded in 2019 and based in New York, New York, that specializes in developing a platform for training artificial intelligence models using cloud-based graphics processing units (GPUs) and tensor processing units (TPUs). The platform provides several tools, including Grid Train, which facilitates research iteration and simplifies AI research, as well as Grid View, a web application for monitoring and managing infrastructure. Additionally, it offers Tensorboard for analyzing experiments. The company's solutions are designed to enhance the capabilities of machine learning engineers, data scientists, and AI researchers, allowing them to build advanced AI models and applications with minimal changes to existing code. Grid.ai emerged from the creators of the widely used PyTorch Lightning framework, further solidifying its expertise in high-performance AI research.

Founded in 2019, Nacelle develops headless e-commerce software that connects with an online store's product catalog. Its platform enables merchants to connect with their platform, developers to create storefronts without coding, and agencies to add apps. It also offers headless progressive web app implementation for existing Shopify stores.

Evervault Ltd. is a company that specializes in developing privacy-preserving cloud infrastructure, founded in 2017 and headquartered in Dublin, Ireland. The company focuses on providing encryption infrastructure for developers, offering tools that allow them to deploy applications within hardware-secured environments. This approach ensures that user data remains encrypted at all times, simplifying the process of maintaining data privacy. Evervault's platform enables software developers to concentrate on product development without the added concern of security, making data protection both accessible and manageable.

Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

TriggerMesh Inc. is a software company based in Cary, North Carolina, that specializes in serverless solutions for developers. The company offers a comprehensive platform for deploying, orchestrating, and managing functions-as-a-service (FaaS) across various cloud environments. Key products include EveryBridge, a serverless event bus that integrates applications through real-time data from diverse sources, and TriggerMesh, a cloud and on-premises platform powered by Knative. Additionally, TriggerMesh provides open-source projects such as TriggerMesh Aktion, which facilitates running GitHub Actions in Kubernetes, and TriggerMesh KLASS and KLR, which enhance interoperability between AWS Lambda functions and Knative clusters. The company also offers open-source development services and expertise in Kubernetes and Knative projects, enabling organizations to create enterprise-grade applications that operate seamlessly across multiple clouds and data centers.

Check is the leading payroll platform that pioneered the ability for companies to differentiate and open up new revenue streams by embedding payroll into their platforms. Historically, complex regulatory structures stagnated payroll innovation, making it harder for businesses to create their own payroll offerings. By building on Check’s best in class infrastructure, flexible API, and deep expertise, platforms can launch profitable payroll businesses much faster, and with little overhead or administrative burden. Since Check’s public launch in January 2021, leading vertical SaaS companies and large scale workforce management horizontal platforms have built successful payroll businesses on its infrastructure. Check’s partners collectively serve more than 250,000 businesses and over 4 million employees. Check is backed by Stripe, Thrive Capital, Index Ventures, and Bedrock.

Grid.ai, Inc. is a technology company founded in 2019 and based in New York, New York, that specializes in developing a platform for training artificial intelligence models using cloud-based graphics processing units (GPUs) and tensor processing units (TPUs). The platform provides several tools, including Grid Train, which facilitates research iteration and simplifies AI research, as well as Grid View, a web application for monitoring and managing infrastructure. Additionally, it offers Tensorboard for analyzing experiments. The company's solutions are designed to enhance the capabilities of machine learning engineers, data scientists, and AI researchers, allowing them to build advanced AI models and applications with minimal changes to existing code. Grid.ai emerged from the creators of the widely used PyTorch Lightning framework, further solidifying its expertise in high-performance AI research.

Patreon operates a platform that connects content creators and artists with their patrons. It enables creators to fund their work through recurring payments from patrons, who gain access to exclusive content and benefits in return.

Founded in 2019, Chord provides headless commerce technology and data management solutions tailored for commerce entrepreneurs. Its platform offers scalable tech software, sophisticated data insights, and governance tools to enhance businesses by leveraging first-party data.

Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

Plaid is a technology platform that provides APIs and developer tools to connect consumer bank accounts and financial data with applications. It enables developers to build modern financial services by offering infrastructure and intelligence tools that allow access to transactions, authentication for bank accounts, identity verification, real-time balances, asset verification, and income data. Its products include Transactions, Auth, Identity, Balance, Assets, and Income, supporting personal finance, consumer payments, lending, banking and brokerage, and business finance solutions. Plaid serves developers from startups to large financial institutions, helping democratize financial services with a developer-friendly experience. The company was founded in 2012 and is headquartered in San Francisco, California.

Tekion is a cloud-native automotive retail platform developer that connects OEMs, retailers/dealers, and consumers through a unified suite of applications. Its Automotive Retail Cloud (ARC) serves dealers by facilitating the entire vehicle sales cycle online, while Automotive Enterprise Cloud (AEC) supports manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) enables technology and industry partners. The platform provides digital sales management, personalized upsell and cross-sell opportunities, compliance management, customer engagement, data insights, and bidirectional integration, leveraging big data, machine learning, and AI to enhance efficiency, revenue, and retention across the automotive retail ecosystem. Founded in 2016 and based in San Ramon, California.

Patreon operates a platform that connects content creators and artists with their patrons. It enables creators to fund their work through recurring payments from patrons, who gain access to exclusive content and benefits in return.

Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

Tekion is a cloud-native automotive retail platform developer that connects OEMs, retailers/dealers, and consumers through a unified suite of applications. Its Automotive Retail Cloud (ARC) serves dealers by facilitating the entire vehicle sales cycle online, while Automotive Enterprise Cloud (AEC) supports manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) enables technology and industry partners. The platform provides digital sales management, personalized upsell and cross-sell opportunities, compliance management, customer engagement, data insights, and bidirectional integration, leveraging big data, machine learning, and AI to enhance efficiency, revenue, and retention across the automotive retail ecosystem. Founded in 2016 and based in San Ramon, California.

Patreon operates a platform that connects content creators and artists with their patrons. It enables creators to fund their work through recurring payments from patrons, who gain access to exclusive content and benefits in return.

Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

Patreon operates a platform that connects content creators and artists with their patrons. It enables creators to fund their work through recurring payments from patrons, who gain access to exclusive content and benefits in return.

Worklight is a developer of advanced mobile application platforms and tools designed for smartphones and tablets. The company specializes in creating HTML5, hybrid, and native applications, utilizing industry-standard technologies to enhance the development process. Worklight offers a flexible mobile integrated development environment (IDE), next-generation mobile middleware, and comprehensive end-to-end security. Additionally, the company provides integrated management and analytics solutions that enable organizations to efficiently develop and deliver applications. By streamlining the development process, Worklight significantly reduces time to market, costs, and complexity while improving user experiences for both customers and employees across various devices.

Worklight is a developer of advanced mobile application platforms and tools designed for smartphones and tablets. The company specializes in creating HTML5, hybrid, and native applications, utilizing industry-standard technologies to enhance the development process. Worklight offers a flexible mobile integrated development environment (IDE), next-generation mobile middleware, and comprehensive end-to-end security. Additionally, the company provides integrated management and analytics solutions that enable organizations to efficiently develop and deliver applications. By streamlining the development process, Worklight significantly reduces time to market, costs, and complexity while improving user experiences for both customers and employees across various devices.