Israel’s 11 Most Active VCs per PitchBook
Ami Rojkes Dombe
| 10/07/2019
Photo by Linneah Anders - https://www.flickr.com/photos/tel_aviv/16017558961/in/album-72157649360376890/
Israel’s startup ecosystem is booming, with a record amount of venture capital funding coming through the country's gates. Israeli companies have seen a steady increase in capital invested in recent years, culminating in €2.4 billion across 310 deals in 2018, per the PitchBook Platform.
Data for 1H 2019 shows a similar trend, according to PitchBook. In May, Israeli startup Gett raised $200 million worth of debt and equity, valuing the provider of the ride-hailing app at $1.5 billion. Just a month later, LiDAR developer Innoviz Technologies closed its Series C on a total of $170 million.
Interestingly, some 71% of the country’s rounds include foreign investors, compared with 44% for London-based deals and 24% for those in Silicon Valley, per data from High-Tech Connect Suisse. Israel’s proportion of foreign VC activity is in keeping with a growing global trend of cross-border investment. In fact, around 92% of venture deals last year had participation from foreign investors, according to data from PitchBook, an increase from 89.5% in 2017. The US is responsible for the majority of the deal count, with a total of 1,329 since 2014.
However, there are some Israeli venture capital firms that have been splashing cash on startups, both at home and abroad. Here are the 11 most active Israeli VCs since 2014, excluding accelerators, with their deal counts in parentheses.
1. OurCrowd (147)
2. AltaIR Capital (115)
3. 83North (94)
4. Pitango Venture Capital (76)
T-5. Magma Venture Partners (67)
T-5. Viola Ventures (67)
7. iAngels (59)
8. Sequoia Israel (58)
9. Jerusalem Venture Partners (52)
10. Vertex Ventures Israel (44)
11. Pontifax Venture Capital (38)
Israel’s startup ecosystem is booming, with a record amount of venture capital funding coming through the country's gates. Israeli companies have seen a steady increase in capital invested in recent years, culminating in €2.4 billion across 310 deals in 2018, per the PitchBook Platform.
Data for 1H 2019 shows a similar trend, according to PitchBook. In May, Israeli startup Gett raised $200 million worth of debt and equity, valuing the provider of the ride-hailing app at $1.5 billion. Just a month later, LiDAR developer Innoviz Technologies closed its Series C on a total of $170 million.
Interestingly, some 71% of the country’s rounds include foreign investors, compared with 44% for London-based deals and 24% for those in Silicon Valley, per data from High-Tech Connect Suisse. Israel’s proportion of foreign VC activity is in keeping with a growing global trend of cross-border investment. In fact, around 92% of venture deals last year had participation from foreign investors, according to data from PitchBook, an increase from 89.5% in 2017. The US is responsible for the majority of the deal count, with a total of 1,329 since 2014.
However, there are some Israeli venture capital firms that have been splashing cash on startups, both at home and abroad. Here are the 11 most active Israeli VCs since 2014, excluding accelerators, with their deal counts in parentheses.
1. OurCrowd (147)
2. AltaIR Capital (115)
3. 83North (94)
4. Pitango Venture Capital (76)
T-5. Magma Venture Partners (67)
T-5. Viola Ventures (67)
7. iAngels (59)
8. Sequoia Israel (58)
9. Jerusalem Venture Partners (52)
10. Vertex Ventures Israel (44)
11. Pontifax Venture Capital (38)
