Key Takeaways
- • Team8 closed a $365 million fundraise split between $265 million for its third capital fund and over $100 million in follow-on commitments, bringing total assets under management to nearly $2 billion.
- • The third fund, led by managing partners Sarit Firon and Liran Grinberg, will invest at Seed and Series A stages in cybersecurity, software and AI infrastructure, fintech, and digital health.
- • Team8 has demonstrated early execution velocity, completing nine investments during the fundraising period and achieving a near-term exit when Palo Alto Networks acquired portfolio company Koi Security for approximately $400 million in February 2026.
- • Portfolio companies have collectively raised $1 billion from venture investors, with $762 million deployed in the past year alone, signaling strong downstream capital attraction and investor validation.
- • Previous fund investments include quantum computing platform Classiq ($200M+ raised), financial software infrastructure firm FundGuard ($100M funding round), and agentic AI software platform Port ($100M at $800M valuation).
Summary
Team8, an Israeli-founded venture capital firm, has successfully closed a $365 million fundraise to deploy capital into artificial intelligence-native enterprise startups. The capital raise comprises $265 million designated for Team8 Capital's third fund and more than $100 million committed to follow-on investments in existing portfolio companies where the firm maintains highest conviction. This fundraise elevates the firm's total assets under management to nearly $2 billion, positioning it as a substantial player in the venture ecosystem focused on AI-driven enterprise solutions.
The third fund will operate with a thesis targeting Seed and Series A stage investments across four primary verticals: cybersecurity, software and AI infrastructure, fintech, and digital health. Fund leadership includes managing partners Sarit Firon and Liran Grinberg, supported by partners Ori Barzilay and Hadar Siterman. The firm has already demonstrated execution during its fundraising process, completing nine portfolio investments while simultaneously raising capital—a metric institutional investors typically view as evidence of market opportunity and operational capability.
Most notably, Team8 achieved its first exit from the third fund before reaching final close, when Palo Alto Networks acquired portfolio company Koi Security for approximately $400 million in February 2026. This early liquidity event provides LP returns visibility and validates the fund's investment thesis during what remains an uncertain venture funding environment.
Team8's existing portfolio demonstrates meaningful downstream capital attraction. Portfolio companies including quantum computing platform Classiq (which has raised over $200 million), financial software infrastructure firm FundGuard (which completed a $100 million funding round), and Port, an agentic AI development platform (which raised $100 million at an $800 million valuation), collectively have secured approximately $1 billion in venture capital. Within the past 12 months alone, portfolio companies have raised roughly $762 million, suggesting robust investor appetite for the firm's target market segments and indicating strong follow-on funding momentum.
The third fund will operate with a thesis targeting Seed and Series A stage investments across four primary verticals: cybersecurity, software and AI infrastructure, fintech, and digital health. Fund leadership includes managing partners Sarit Firon and Liran Grinberg, supported by partners Ori Barzilay and Hadar Siterman. The firm has already demonstrated execution during its fundraising process, completing nine portfolio investments while simultaneously raising capital—a metric institutional investors typically view as evidence of market opportunity and operational capability.
Most notably, Team8 achieved its first exit from the third fund before reaching final close, when Palo Alto Networks acquired portfolio company Koi Security for approximately $400 million in February 2026. This early liquidity event provides LP returns visibility and validates the fund's investment thesis during what remains an uncertain venture funding environment.
Team8's existing portfolio demonstrates meaningful downstream capital attraction. Portfolio companies including quantum computing platform Classiq (which has raised over $200 million), financial software infrastructure firm FundGuard (which completed a $100 million funding round), and Port, an agentic AI development platform (which raised $100 million at an $800 million valuation), collectively have secured approximately $1 billion in venture capital. Within the past 12 months alone, portfolio companies have raised roughly $762 million, suggesting robust investor appetite for the firm's target market segments and indicating strong follow-on funding momentum.
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