Index Industries Emerges From Stealth With $50M Seed Round

Index Industries has emerged from stealth after raising $50 million in seed funding, saying it plans to make U.S. housing a broadly investable asset class. Lightspeed Venture Partners led the round, which also included several digital-asset investment firms and other institutional investors.

November 10, 2026, 09:22 PM 1,268 0

Index Industries Emerges From Stealth With $50M Seed Round

The company said Polychain Capital, Galaxy Ventures and Wintermute Ventures participated in the financing. Index Industries was co-founded by Chief Executive Josh Rosenthal, formerly president of Polychain Capital, and Chairman Brian Hardecker, CEO of Longmark.

Its first offering is planned as the U.S. Home Price Index, a proprietary benchmark for U.S. home prices. The company said the USHP Index is expected to launch imminently and that it plans future releases for other platforms.

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