Investor profile
Eight Roads Ventures
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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."”
“"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."”
“"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."”
Team
Davor Hebel
Managing Partner, Head of Europe
Lucile Cornet
Partner
Vytautas Balsys
Partner, Portfolio Management & Business Operations
Prem Pavoor
Senior Partner, Head of India Healthcare Investments
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Alibaba | Series A | — | 1999-01-01 |
| AppsFlyer | Series B | $20m | 2015-01-01 |
| Icertis | Series A | — | — |
| Hibob | Series D | $150m | 2022-01-01 |
| Spendesk | Series C | — | 2021-01-01 |
| Whatfix | Series E | $125m | 2024-01-01 |
| Everstage | Series B | $30m | 2024-10-16 |
| Exponent Energy | Series B | — | 2026-03-21 |
| AssetPlus | Series B | $19m | 2026-01-19 |
| Wint Wealth | Series B | — | 2026-01-14 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| F-Prime Capital | 64 |
| Accel | 12 |
| Sequoia Capital India | 8 |
| Balderton Capital | 6 |
| Creandum | 5 |
| General Catalyst | 4 |
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