F4 FundFund
TeamPortfolioRaiseEssays
Sign in
Investment ThesisInvestment TeamF4 Research BriefSelected PortfolioRecent UpdatesFrequent co-investorsSimilar Firms
Hot Fund
#46 · Top 100 · 2026#44 · AI 50 · 2026

8VC

www.8vc.com · Austin, Texas

Investment thesis

Partner with elite founders building transformational technologies that create lasting economic and societal value. Focus on Smart Enterprise across five sectors: Logistics, Life Sciences, Healthcare, IT Infrastructure, and Government/Defense.

$500K – $50M
Check Size
Leads
Lead Tendency
$7.0B
AUM
~2 Weeks
Timeline
01Investment Thesis

Invest in platforms that enable human experts to solve non-linear problems through data integration and network effects.

Exclusion Criteria

Not interested in incremental improvements or companies without ambitious vision. Avoid commodity solutions, markets without fundamental structural change potential, or founders lacking deep domain expertise and contrarian thinking.

02Investment Team
JL
Joe Lonsdale
Co-Founder and General Partner
DO
Drew Oetting
Partner, Investment Team
AK
Alex Kolicich
Partner, Investment Team
JM
Jake Medwell
Partner, Investment Team
FG
Francisco Gimenez
Partner, Investment Team
SC
Sebastian Caliri
Partner, Investment Team
AJ
Asanka Jayasuriya
Partner, Portfolio Support
AM
Alex Moore
Partner, Investment Team
03F4 Research Brief

8VC Research

Investment Thesis

8VC is a technology and bio-sciences venture capital firm that partners with elite founders to build transformational technologies creating long-term economic and societal value. Founded in 1999 (rebranded as 8VC in 2013), the firm was inspired by the story of the "Traitorous Eight" who left Shockley Semiconductor to found Fairchild Semiconductor, founding Silicon Valley itself. This heritage shapes 8VC's philosophy of positive-sum thinking, embracing contrarianism, and empowering individuals to do their best work.

Core Philosophy and Values

8VC's investment approach is built on several foundational principles:

Take it Personally: The firm's work is their art, with deep personal commitment to portfolio company success.

Stewardship: Partners act as fiduciaries and stewards to limited partners and to principles, the firm, and the innovation ecosystem.

Positive Sum: The belief that success in all forms gives rise to more success. The firm focuses on doing its part rather than getting its share.

Principled Contrarianism: Being different gets attention; being different and right can change the world.

Patriotism: The firm believes in the American experiment and its ideals, with a commitment to defending people and institutions.

Smart Enterprise Thesis

8VC's foundational thesis, written in 2013, posited that the "smart enterprise wave will disrupt nearly every major sector of the global economy." The Smart Enterprise concept centers on:

  • Leveraging the power of data integration
  • Enabling human experts to solve non-linear problems
  • Building platforms and harnessing network effects to take on entire problem spaces

This overarching thesis manifests across five primary industry verticals: Logistics, Life Sciences, Healthcare, IT Infrastructure, and Government & Defense.

Investment Strategy by Sector

Logistics: 8VC invests in platforms that help logistics companies become modern data enterprises. Key applications include streamlining resources, fleet operations, and finance; leveraging telematics for better performance; and building next-generation transportation forms. Portfolio companies include Flexport, Deliverr, and Terminal Logistics.

Life Sciences: The firm combines specialized fields such as cell therapy, synthetic biology, biomanufacturing, microfluidics, and genomics-IT with approaches like CRISPR and AI to unlock exponential breakthroughs for patients. This vertical is experiencing particular growth, evidenced by recent investments and partnerships around rare disease medicine.

Healthcare: 8VC recognizes that US healthcare is at an inflection point with unprecedented demand for better quality and accessibility. The firm backs tech-enabled care models, robust and scalable IT systems, and solutions for underserved populations. Portfolio companies include Hopscotch, Candid Health, and Digital Diagnostics.

IT Infrastructure: As enterprises transition to cloud-native environments, 8VC invests in next-generation companies rewriting rules for data infrastructure and application software. These horizontal platforms are optimized for power and precision at unprecedented scale. Portfolio companies include Twingate, Lightbeam AI, and SeeMetrics.

Government & Defense: Inspired partly by the firm's experience building Palantir, 8VC backs GovTech companies helping public servants harness data integration and modern architecture to make government more transparent, efficient, and responsive. Portfolio companies include Anduril, Epirus, and Esper.

Fund History and AUM

8VC has successfully raised six flagship funds:

  • Fund I-IV: Established track record and industry reputation
  • Fund V (2023): Crossed $6 billion in committed capital
  • Fund VI (2025): $998 million in new capital (March 2025 close)

Total Assets Under Management: Approximately $7 billion (combining Fund V's $6B+ with Fund VI's $998M)

Investment Activity and Pace

8VC has made 743 investments across its portfolio companies and maintains an active deployment schedule. Recent investments include partnerships in life sciences, healthcare, and logistics sectors. Strategic partnerships with major institutions have been announced, including an Apollo partnership in November 2025 for industrial innovation.

The firm has 20+ open positions, indicating active hiring and deployment.

Stage Focus and Check Size

Investment Stages: Pre-seed, Seed, Series A, and selective Series B follow-on investments

Check Size: $500K - $50M range

  • Early stage (Pre-seed/Seed): $500K - $5M
  • Series A: $5M - $20M+
  • Follow-on reserves: Significant capacity for existing portfolio companies

Team and Leadership

Investment Team includes over 25 professionals across investment, portfolio support, operations, and finance/legal/IR functions.

Key advisors and board members represent exceptional depth across sectors:

  • Scott Cook (Founder, Intuit; Early Board Member, eBay)
  • Stephen Harper (22nd Prime Minister of Canada)
  • Jerry Yang (Founder, Yahoo!)
  • Ashton Kutcher (Founder, Sound Ventures)
  • Arie Belldegrun, MD (Founder, Kite Pharma and multiple biotech companies)
  • Various C-suite executives from Walmart, UPS, Schneider, Amazon, Cleveland Clinic, and others

Geographic Focus

Primary: Austin, Texas (headquarters)

Secondary: San Francisco Bay Area, with presence across US markets

Selective: Global investments where founder quality and opportunity align

Notable Portfolio Companies

Recent notable investments include:

  • Bedrock Robotics (Advanced manufacturing)
  • Ramp (Expense management)
  • Casetext (AI-powered legal platform)
  • Saronic (Autonomous surface vessels)
  • Hopscotch (Healthcare platform)
  • Vercel (Frontend deployment)
  • Anduril (Defense technology)
  • Epirus (Counter-drone systems)
  • YugaByte (Database infrastructure)
  • Resilience (Pharmaceutical manufacturing)
  • Orca Bio (Cell therapy)
  • Guardant Health (Cancer diagnostics)
  • City Block (Healthcare for underserved communities)
  • Flexport (Digital freight forwarding)
  • Project44 (Supply chain visibility)
  • Commure (Healthcare data platform)
  • Addepar (Wealth management software)

Build Program

8VC operates a unique Build program where the firm co-founds companies rather than simply investing in external founders. Since 2016, the Build program has founded 21 companies, addressing market gaps and creating investment opportunities where compelling companies didn't yet exist.

Fellowship Programs

8VC offers multiple fellowship programs to attract exceptional technologists:

  • 8VC Fellowship: For rising technologists wanting to contribute to ambitious portfolio companies
  • Engineering Fellowship: Technical specialty track
  • Bio-IT Fellowship: For specialists in biology and computational biology

Decision Process and Timeline

Decision Structure: Partnership-based with collaborative decision making among general partners

Timeline: Estimated 2-4 weeks for seed stage decisions, with acceleration for strong founder fits

Recent Activity (Last 12 Months)

As of early 2026, 8VC remains actively deploying:

  • Announced Terra Industries partnership (January 2026) - Africa's first modern defense prime
  • Published research on rare disease medicine opportunity (January 2026)
  • Announced partnership with Bobyard on manufacturing innovation (December 2025)
  • Apollo partnership announcement (November 2025) for industrial innovation
  • Fund VI closing (March 2025) with $998M in new capital

The firm is hiring across all functions and actively seeking investment opportunities, particularly in life sciences, healthcare, logistics, IT infrastructure, and government/defense sectors.

Summary

8VC is a large, actively deploying multi-stage venture capital firm with exceptional depth of expertise and network across five primary sectors. The firm combines deep sector knowledge, operational support, access to world-class advisors, and a unique Build program that creates investment opportunities. With approximately $7 billion in AUM and a 25+ year history (rebranded in 2013), 8VC targets founders with ambitious visions solving fundamental problems across enterprise, industrial, and national capability domains.

04Selected Portfolio
Aerospace & Defense
Saronic·Anduril·Epirus
AgTech & Agriculture
Fractal·Nile.ag
Biotech & Life Sciences
Resilience·Orca Bio·Mendra·Alloy Therapeutics·Altos Labs·BigHat Biosciences·Cellanome·Cellares·Cellino Bio·Dren Bio·Latus Bio·Mammoth Biosciences·Model Medicines·NewLimit·Octant·PathAI·Sonoma Biotherapeutics
Developer Tools & Infrastructure
Vercel·YugaByte·Airbyte·Gatsby
E-commerce & Marketplaces
Baton·Daydream·Fig.1·Hill House·Honor·Orchestra·Sirona
Enterprise Software
Project44·Addepar·Esper·FLUX·Bobyard·Structify·Saris·Edra·Outset·Kos.ai·PointOne·AgVend·AI21 Labs·Asana·Bespoke Labs·Branch·CHAOS·Cognition·Enclave·Fieldguide·Forethought·Gallatin AI·Hearth·Infra·Kojo·Latent Labs·Luminary·Materialize·Nyansa·Palantir·Platform Science·Ponder·RelateIQ·Rocketlane·Software·Standard Metrics·Vals AI
Fintech & Payments
Ramp·Alloy·American Operator·Opto·Polly·Socotra·Fragment
Food & Beverage
Sable·Create·Our Place·Tap
Healthcare & Digital Health
Hopscotch·Guardant Health·City Block·Commure·Candid Health·Digital Diagnostics·Color·Digital Surgery·Elemy·Flywheel·Halo Health·Hello Patient·KeyCare·Lighten·Opencare·Ritten·Tilda
Insurance
180 Insurance·HDVI·Stack Health
Legal & Regtech
Casetext
Logistics & Supply Chain
Flexport·Deliverr·Terminal Logistics·Freight Waves·Loop·Outrider·Trackonomy
Manufacturing & Industrial
The Boring Company·Thorin
Marketing & Adtech
Affinity
Media & Entertainment
Arcos Labs·Luminate
Mobility & Transportation
Joby
Real Estate & PropTech
DealPath·Qualia
Robotics & Automation
Bedrock Robotics·Generalist·Overland AI
Security & Cybersecurity
Twingate·Lightbeam AI·SeeMetrics·Anzenna·Armadin·Citizen·CX2·Illumio
Travel & Hospitality
Galileo
Other
Anduin·Hive·Nimbus Health·Oculus·Oscar·Oula·Promise·Rainbow
Open the full portfolio→
05Recent Updates

Fresh signals from public announcements, essays, and portfolio activity.

See full activity (25) →
8VC led the Series A in Fragment, an AI-native platform for direct procurement that automates PO change orders, AP/three-way matching, exception resolution, vendor onboarding, and more for large physical goods manufacturers.
INVESTMENT·8vc.com
OCT 28, 2026
8VC portfolio company BigHat Biosciences announced a historic collaboration with Anthropic: a single Anthropic researcher using Claude operated BigHat's automated lab to optimize two antibodies, with improved variants binding targets up to 9x tighter and remaining folded up to 17°C higher.
MILESTONE·8vc.com
OCT 27, 2026
8VC portfolio company Orchestra Bio is joining OpenAI to pioneer AI applications for life sciences. 8VC led Orchestra Bio's Series A.
MILESTONE·8vc.com
OCT 20, 2026
8VC led Vals' seed round and participated in their Series A led by a16z. Vals builds independent, research-grade AI benchmarks for enterprise use, with evaluations authored alongside practitioners in law, finance, tax, healthcare, and coding.
INVESTMENT·8vc.com
AUG 13, 2026
Co-led (with Sequoia) a $45M round in Sable, an AI 'digital employee' for customer-facing sales workflows.
INVESTMENT·8vc.com+1
JUL 16, 2026
06Frequent co-investors
SA
SV Angel
Both backed 8 of the same companies
Airbyte, Vercel, Color, Flexport,
+4 moreCellanome, Anduril, Mammoth Biosciences, Asana
FF
Founders Fund
Both backed 7 of the same companies
Palantir, Flexport, NewLimit, Ramp,
+3 moreAnduril, Cognition, Asana
PV
Pear VC
Both backed 7 of the same companies
Guardant Health, Affinity, Vals AI, Bobyard,
+3 moreAddepar, Cognition, Branch
KD
Koch Disruptive Technologies
Both backed 6 of the same companies
FLUX, Resilience, Trackonomy, Nile.ag,
+2 moreOutrider, Cellares
LC
Leblon Capital
Both backed 6 of the same companies
Palantir, Qualia, Gallatin AI, Socotra,
+2 moreAnduril, Cellares
Find the investors for your round→
07Similar Firms
AE
Alpha Edison
$250K – $10M · Pre-Seed · Seed
→
EG
Elad Gil
$250K – $50M · Seed · Series A
→
OV
Obvious Ventures
$5M – $12M · Seed · Series A
→
LV
Lightspeed Venture Partners
$1M – $300M · Seed · Series A
→
AC
AME Cloud Ventures
$5M – $50M · Seed · Series A
→
Quick Reference
Check Size
$500K – $50M
Stages
Pre-Seed · Seed · Series A
AUM
$7.0B
Decision
Partnership · ~2 Weeks
Warm Intro
Not Required
Involvement
Advisor
Location
Austin, Texas
Sector Focus
Fintech & PaymentsManufacturing & IndustrialAerospace & DefenseBiotech & Life SciencesLogistics & Supply ChainRobotics & AutomationEnterprise SoftwareDeveloper Tools & InfrastructureHealthcare & Digital HealthLegal & Regtech
Models
Platform CompaniesCategory CreatorsData-Driven EnterprisesNational Capability Companies
Technology
AI/MLData InfrastructureCloud NativeAutonomous SystemsBiotech Tech
See all Fintech & Payments investors →See all Manufacturing & Industrial investors →See all Aerospace & Defense investors →
Visit www.8vc.com ↗

See how 8VC matches your startup

Get a personalized match report in minutes.

Get Your Match Report
Focus Areas
Fintech & PaymentsManufacturing & IndustrialAerospace & DefenseBiotech & Life SciencesLogistics & Supply ChainRobotics & AutomationEnterprise SoftwareDeveloper Tools & InfrastructureHealthcare & Digital HealthLegal & Regtech

See how 8VC matches your startup

Get a personalized match report in minutes.

Get Your Match Report
Is this your firm? Claim your profile
F4 Intelligence Report · Last Researched November 3, 2026F4 Research Engine