8VC

8VC is a venture capital firm specializing in seed, early venture and growth capital. It seeks to make series A, B, and C investments in technology companies with a focus on enterprise software, data, and software-as-a-service companies. 8VC is headquartered in San Francisco, California.They endorse emerging platforms that will replace the old technology infrastructure behind many industries.

8VC was founded in 2015 by Joe Lonsdale, Alex Kolicich, Drew Oetting, Jake Medwell, Kimmy Scotti and operates in Finance, Financial Services, IT Infrastructure, and Venture Capital . 8VC has raised a total of $1.2B across 4 funds. 8VC funds include a $425 million venture fund, a $50 million angel fund, and a follow-on fund (size unreported). Like Formation 8 (an earlier iteration), 8VC invests primarily in technology-driven businesses.

As of February 2019, 8VC has made 104 investments and raised $1.2B across 4 funds. 8VC has had 4 exits. 8VC's most notable exits include Guardant Health, Progressly, and RiskMatch.

The company, Terminal announced in September 2019 that it had raised $17 million in funding with 8VC leading the round. 8VC founder Joe Lonsdale is also co-founder of Terminal, a San Francisco-based startup that allows companies to build out remote engineering teams in international locations and also helps with practicalities such as finding workspace and organizing benefits.