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Eight Roads Ventures

USGBCNINJPILDEFRESSENLOtherB2B SaaSAI/MLFintechHealthtechEnterpriseConsumerDeep TechBio/PharmaMarketplaces

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Investment thesis

Eight Roads is a global proprietary investment firm backed by Fidelity, managing $11 billion of assets across Asia, Europe, Israel and the US. The firm partners with game-changing technology and healthcare companies, supporting them as they scale to become global leaders — with a 50+ year history of investing that includes Alibaba, AppsFlyer, Icertis, Hibob, Paidy, Fireblocks, Spendesk and many others. Eight Roads focuses on companies that have reached product-market fit, backing ambitious founders from early to growth stages across enterprise tech, consumer, fintech, healthcare IT, medtech and pharma. Backed by Fidelity's patient, proprietary capital — with no external LPs — the firm takes a long-term, conviction-driven approach, providing not just capital but strategic guidance, operational support and access to a global network of operators and venture partners to help portfolio companies scale from 50 to 500+ employees.

Notable quotes

"It's great to be launching our latest fund at a time when there is so much entrepreneurial energy and ambition in both Europe and Israel."

Davor Hebel · TechCrunch / Eight Roads press release, October 2021 · 2021-10-05

"The real focus is to find great companies no matter where they are and to help them scale up from, typically, thirty to fifty employees to five hundred or one thousand employees."

Davor Hebel · TechCrunch, March 2018 · 2018-03-20

"Today, I am more convinced than ever that tech will have an incredible impact on all our lives. I can't think of a better job than backing the tech entrepreneurs of tomorrow."

Davor Hebel · Eight Roads website — people profile

Team

Davor Hebel

Managing Partner, Head of Europe

B2B SaaSFintechConsumerHealthtechEnterprise

Shweta Bhatia

Senior Partner, Head of India TCF Ventures

EnterpriseFintechConsumerB2B SaaS

Lucile Cornet

Partner

FintechB2B SaaSConsumer

Michael Treskow

Partner

HealthtechAI/MLB2B SaaS

Vytautas Balsys

Partner, Portfolio Management & Business Operations

EnterpriseB2B SaaS

Prem Pavoor

Senior Partner, Head of India Healthcare Investments

HealthtechBio/PharmaDeep Tech

Recent investments

CompanyRoundSizeDate
AlibabaSeries A1999-01-01
AppsFlyerSeries B$20m2015-01-01
IcertisSeries A
HibobSeries D$150m2022-01-01
SpendeskSeries C2021-01-01
WhatfixSeries E$125m2024-01-01
EverstageSeries B$30m2024-10-16
Exponent EnergySeries B2026-03-21
AssetPlusSeries B$19m2026-01-19
Wint WealthSeries B2026-01-14

Frequent co-investors

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