Team8 | Activity

New Fund

Team8 announced $365M in new capital: $265M for Team8 Capital III (third fund) plus over $100M for follow-on investments. This brings Team8 to nearly $2B AUM across eight funds since 2014.

Team8

Team8 Team8

team8.vcAUG 13, 2026

AUG 13, 2026

Essay

Sarit Firon published a thesis essay on raising Team8 Capital III ($265M), discussing how AI rewrites company-building economics and why judgment and context are the new scarce resources in venture capital.

Team8

Team8 Team8

team8.vcAUG 12, 2026

AUG 12, 2026

Investment

Led (with Index Ventures and Picture Capital) Frame Security's $50M stealth-exit round for AI-era security awareness training.

Frame Security

Frame Security Team8

framesecurity.com

Added recently

Investment

Backed Lema, an agentic AI third-party risk management platform, alongside F2 and Salesforce Ventures.

Lema

Lema Team8

team8.vc

Added recently

Investment

Backed BAND's $17M seed round (with Sierra Ventures and Hetz Ventures) for AI agent interaction infrastructure.

BAND

BAND Team8

prnewswire.com

Added recently

Investment

Led Encore AI's $30M Series A to build AI agents that learn from customer conversations.

Encore AI

Encore AI Team8

techcrunch.comJUL 29, 2026

JUL 29, 2026

Essay

Team8 published a thesis essay by Liran Grinberg explaining the investment rationale for Act Security, which is building one-to-end resolution for cloud security — moving from visibility to durable, proactive security.

Act Security

Act Security Team8

team8.vcJUL 28, 2026

JUL 28, 2026

Investment

Co-led (with Bessemer Venture Partners) Act Security's $20M seed round as part of a $60M combined seed and Series A for agentic cloud access security.

Act Security

Act Security Team8

siliconangle.comJUL 28, 2026

JUL 28, 2026

Investment

Co-led (with Glilot Capital Partners) Jazz's $61M stealth emergence round for AI-powered data loss prevention.

Jazz Security

Jazz Security Team8

securityweek.comMAR 11, 2026

MAR 11, 2026

Investment

Led (with Ten Eleven Ventures) Fig Security's $38M stealth-exit round for SecOps resilience.

Fig Security

Fig Security Team8

techcrunch.comMAR 3, 2026

MAR 3, 2026

Investment

Led (with Bill Ackman's Table Management) Dimer Health's $13.5M Series A for AI-native transitional care.

Dimer Health

Dimer Health Team8

axios.comMAR 2026

MAR 2026

Investment

Led Astelia's $35M Series A for AI-native exposure management.

Astelia

Astelia Team8

govinfosecurity.comFEB 27, 2026

FEB 27, 2026

Investment

Led (with SignalFire) Solid's $20M seed round for enterprise semantic engineering.

Solid

Solid Team8

prnewswire.comFEB 19, 2026

FEB 19, 2026

Exit

Palo Alto Networks announced intent to acquire Koi Security, a Team8 portfolio company, for $400M to secure the agentic endpoint. The acquisition was announced Feb 17, 2026 and completed April 14, 2026. This was an exit from Team8 Capital III before the fund had even reached final close.

Koi Security

Koi Security Team8

paloaltonetworks.comFEB 17, 2026

FEB 17, 2026

Team8 Activity

Team8 announced $365M in new capital: $265M for Team8 Capital III (third fund) plus over $100M for follow-on investments. This brings Team8 to nearly $2B AUM across eight funds since 2014.

Sarit Firon published a thesis essay on raising Team8 Capital III ($265M), discussing how AI rewrites company-building economics and why judgment and context are the new scarce resources in venture capital.

Led (with Index Ventures and Picture Capital) Frame Security's $50M stealth-exit round for AI-era security awareness training.

Backed Lema, an agentic AI third-party risk management platform, alongside F2 and Salesforce Ventures.

Backed BAND's $17M seed round (with Sierra Ventures and Hetz Ventures) for AI agent interaction infrastructure.

Led Encore AI's $30M Series A to build AI agents that learn from customer conversations.

Team8 published a thesis essay by Liran Grinberg explaining the investment rationale for Act Security, which is building one-to-end resolution for cloud security — moving from visibility to durable, proactive security.

Co-led (with Bessemer Venture Partners) Act Security's $20M seed round as part of a $60M combined seed and Series A for agentic cloud access security.

Co-led (with Glilot Capital Partners) Jazz's $61M stealth emergence round for AI-powered data loss prevention.

Led (with Ten Eleven Ventures) Fig Security's $38M stealth-exit round for SecOps resilience.

Led (with Bill Ackman's Table Management) Dimer Health's $13.5M Series A for AI-native transitional care.

Led Astelia's $35M Series A for AI-native exposure management.

Led (with SignalFire) Solid's $20M seed round for enterprise semantic engineering.

Palo Alto Networks announced intent to acquire Koi Security, a Team8 portfolio company, for $400M to secure the agentic endpoint. The acquisition was announced Feb 17, 2026 and completed April 14, 2026. This was an exit from Team8 Capital III before the fund had even reached final close.