8VC To Raise $640M for Third Fund


8VC, a San Francisco, CA-based venture capital firm, is to raise $640m for its third flagship fund.

According to a SEC filing, 8VC Fund III, L.P., has not raised funds yet.

Led by General Partner Joe Lonsdale, 8VC is a venture capital firm focused on investing in founders and entrepreneurs building lasting technology platforms and creating long-term economic and societal value. Have a look at their portfolio here.

Lonsdale was an early institutional investor in companies including Wish, Oculus, Oscar, Illumio, Blend, Orca Bio, RelateIQ, Joby Aviation, Synthego, Guardant Health, He is a co-founder of Palantir, a multi-billion dollar global software company known for its work in defense and finance. Most recently, he was a founding partner at Formation 8. Before that, he founded Addepar, OpenGov, Affinity, Anduin and Esper. Previously, Lonsdale was an early executive at Clarium Capital. He also worked with PayPal while he was at Stanford. Lonsdale received a BS in Computer Science from Stanford in 2003. The founding team also includes: Kimmy Scotti, Drew Oetting, Alex Kolicich, and Jake Medwell.



Join the discussion