Key Takeaways
- • Team8 closes $365 million in new capital ($265 million for Fund III and $100+ million for follow-on investments), bringing total assets under management to nearly $2 billion across eight funds since 2014.
- • Fund III targets Seed and Series A founders building AI-native companies across cybersecurity, software infrastructure, fintech, and digital health—sectors critical as enterprise AI adoption accelerates without corresponding security maturity.
- • A Team8 CISO Village Summit survey reveals a critical security gap: 97% of organizations have begun adopting AI agents and 80% are running them in production, yet average confidence in securing AI is only 2.32 out of 5—underscoring the market opportunity the fund targets.
- • The fund achieved its first exit before final close when Palo Alto Networks acquired portfolio company Koi Security in February 2026, validating Team8's thesis on AI security demand.
- • Team8's investment strategy directly addresses enterprise risk exposure as AI release cycles from OpenAI, Anthropic, and others outpace organizational governance, visibility, and control implementation.
Summary
Team8, a global venture fund led by Managing Partners Sarit Firon and Liran Grinberg, announced a $365 million capital raise on August 11, 2026. The capital comprises $265 million committed to Team8 Capital's third fund and more than $100 million designated for follow-on investments in existing portfolio companies. The close brings the firm's total assets under management to nearly $2 billion across eight funds since its founding in 2014.
Fund III will focus on early-stage founders (Seed and Series A) building AI-native enterprise companies spanning cybersecurity, software infrastructure, fintech, and digital health. This thematic concentration reflects Team8's conviction that rapid AI deployment has created a structural gap between adoption velocity and security maturity. The fund's investment thesis is underpinned by empirical data from Team8's CISO Village Summit, where 111 security leaders were surveyed. The findings are stark: 97% of surveyed organizations have already begun adopting AI agents, 80% are running AI agents in production environments, yet average confidence in the ability to secure these systems stands at just 2.32 out of 5—indicating pervasive concern across enterprise security leadership.
Team8 identified the timing of its raise as critical because successive major releases from OpenAI and Anthropic are reshaping enterprise technology landscapes at unprecedented velocity. Organizations are racing to deploy AI agents and integrate new capabilities into workflows and software infrastructure before governance frameworks, visibility mechanisms, and security controls have caught up. This lag creates both acute risk exposure and commercial opportunity for companies solving AI security, infrastructure, and risk management challenges.
The fund demonstrated early validation of its thesis when portfolio company Koi Security was acquired by Palo Alto Networks in February 2026, before Fund III reached its final close. This exit underscored market demand for AI security solutions among major enterprise software platforms. Fund III will be managed by Partners Ori Barzilay and Hadar Siterman Norris alongside the lead managing partners, positioning Team8 to deploy capital across its target verticals as enterprises urgently seek governance and security solutions for accelerated AI adoption.
Fund III will focus on early-stage founders (Seed and Series A) building AI-native enterprise companies spanning cybersecurity, software infrastructure, fintech, and digital health. This thematic concentration reflects Team8's conviction that rapid AI deployment has created a structural gap between adoption velocity and security maturity. The fund's investment thesis is underpinned by empirical data from Team8's CISO Village Summit, where 111 security leaders were surveyed. The findings are stark: 97% of surveyed organizations have already begun adopting AI agents, 80% are running AI agents in production environments, yet average confidence in the ability to secure these systems stands at just 2.32 out of 5—indicating pervasive concern across enterprise security leadership.
Team8 identified the timing of its raise as critical because successive major releases from OpenAI and Anthropic are reshaping enterprise technology landscapes at unprecedented velocity. Organizations are racing to deploy AI agents and integrate new capabilities into workflows and software infrastructure before governance frameworks, visibility mechanisms, and security controls have caught up. This lag creates both acute risk exposure and commercial opportunity for companies solving AI security, infrastructure, and risk management challenges.
The fund demonstrated early validation of its thesis when portfolio company Koi Security was acquired by Palo Alto Networks in February 2026, before Fund III reached its final close. This exit underscored market demand for AI security solutions among major enterprise software platforms. Fund III will be managed by Partners Ori Barzilay and Hadar Siterman Norris alongside the lead managing partners, positioning Team8 to deploy capital across its target verticals as enterprises urgently seek governance and security solutions for accelerated AI adoption.
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