Profile
83North is a venture capital firm based in London, United Kingdom, founded in 2006. The firm was formerly known as Greylock IL and has a team of 13 professionals, including 5 partners. 83North is known for its focus on European and Israeli entrepreneurs, with a strong presence in both regions. The team is composed of experienced investors and analysts who bring a wealth of knowledge and expertise to the table.
The firm invests in a wide range of sectors including information technology, business products, consumer products, and services. 83North typically invests in Series A to late-stage rounds, with check sizes ranging from $1 million to $20 million. The firm manages over $1.8 billion in assets under management, with notable funds including Fund I and Fund II. Their investment strategy is global, with a focus on the United States, Europe, and Israel.
Notable investments by 83North include Ebury - financial software, Orbem - electronic equipment, Pelico - business productivity software, Speedata - application-specific semiconductors, and Holidu - information services. The firm has a track record of successful exits, including companies like Payoneer and Fortinet.