83North is a global venture capital firm headquartered between London and Tel Aviv, managing $2.4 billion and counting 90 portfolio companies since it started. The firm began life as Greylock IL — the Israeli arm of Greylock Partners — before spinning out as an independent partnership and rebranding to 83North, the sum of the latitudes of London and Tel Aviv. It has now raised at least eleven funds, including a $400 million fund announced in September 2022, on top of earlier funds such as a $550 million vehicle (2021) and a $300 million vehicle (2019).
The thesis is simple and durable: back European and Israeli entrepreneurs creating global businesses, across all stages, in consumer and enterprise. Core domains are enterprise software, marketplaces and fintech, with a stated preference for sectors the partners know deeply. The partnership is small and stable — Gil Goren, Laurel Bowden, Arnon Dinur, Erez Ofer, Yoram Snir and David Buttress — and the firm deliberately stays compact, investing at a pace of roughly one company per partner per year rather than spraying capital.
The portfolio reads like a who's who of European and Israeli tech. Consumer and marketplace names include Wolt (the food-delivery giant), Just Eat, Mirakl (ecommerce marketplace software for retailers like Best Buy and Walmart), Podimo and iZettle (acquired by PayPal). Fintech includes Marqeta (IPO), BlueVine (acquired by Valley National Bank for $340 million), Payoneer, Ebury and Vertice. Enterprise and infrastructure include Celonis (process mining), ironSource, Vast Data (valued at $30 billion in 2026 news), Logz.io, Zerto, Via (which raised $493 million in a US IPO) and Wiliot (IoT ambient sensing). Across 18 years of operation the firm has backed 89 companies and counts involvement with 14 unicorns.
Exits tell the same story of range: iZettle → PayPal, Hybris → SAP, Wandera → Jamf for $400 million, SocialPoint → Take-Two Interactive, ScaleIO → EMC, Aeroscout → Stanley Black & Decker, and the Marqeta IPO. The firm's edge is geographic: on-the-ground support across Europe, Israel and the US, helping founders take a Germany- or Tel Aviv-born company global — witness Celonis, Siemplify, Via, Mirakl and Logz.io all building US presence with the firm's help.
83North does not run public accelerators or publish founder credit bundles; its programme is the partnership itself — senior, concentrated, and built for the transatlantic scale-up journey.
Why it matters for founders
83North is the VC to pitch when your company is born in Europe or Israel but built for the world. The partners are few, the fund is large, and the model — deep sector knowledge in enterprise software, marketplaces and fintech plus hands-on help going global — has produced 14 unicorns. Expect high standards and a long-term partnership, not a fast yes.