Focus
This syndicate invests in tremendous, mostly Israeli, entrepreneurs building disruptive data-centric companies, with a preference for SaaS, financial services, real estate and commerce industries. It invests at all stages, from early to growth stage opportunities, and plays an active role as value-added investor.
Entrepreneur
I was a SF-based entrepreneur for 15 years and have had a couple of successful exits:
- I was the CEO/co-founder of one of the first marketing automation SaaS startups targeting Fortune 1000 Financial, Retail and Telco enterprises, which became highly profitable and was acquired by Acxiom (ACXM), a $1BN leader in consumer data.
- I was also the CEO/co-founder of an early mobile-centric payment company, acquired by Connexity (formerly known as Shopzilla), a leading player in online commerce.
Prior to running my entrepreneurial ventures, I worked at the Boston Consulting Group and at Goldman Sachs, and I have invested in and managed dozens of real estate properties for more than 20 years.
Active investor
I am an angel investor in around 30 companies. 2 went public, 6 are privately held unicorns and 5 were acquired. Portfolio companies include :
- Palantir (went public), Valued over $30B. Leading software platform for human-driven analysis of real-world data, backed by Founders Fund, Fujitsu, RRE Ventures and In-Q-Tel. Went public in September 2020.
- Forter (IL unicorn): Valued at around $3 billion. Online fraud detection and prevention platform for retailers, using machine learning. Is processing annually over $250 billion in transactions. Has raised over half a billion from Tiger Global Management, Third Point Ventures, Adage Capital Management, Bessemer, March Capital Partners, Salesforce Ventures, Sequoia Capital and New Enterprise Associates (NEA).
- Checkr (US unicorn): Valued at $4.6B. Leading A.I. powered background check company. Has ran over 50 million background checks for more than 15,000 customers. Has raised over $500m from Durable Capital, Fidelity Management & Research Company LLC, Franklin Templeton, T. Rowe Price, IVP, Accel, Y Combinator and Data Collective.
- Payfit (EU unicorn): Valued at $2B. Leading European SaaS HR solution, offering end-to-end, automated service to over 5,000 customers. Has raised over $500m from Eurazeo Growth, Accel, Europe, and BPI France.
- Placer.ai (IL unicorn): Valued over $1B. Provider of traffic analytics' platform generating commercial property insights. Has raised over $150m.
- FundBox (IL unicorn): Valued at over $1B. Leading financial technology company disrupting the multi trillion dollars small-business lending market by providing revolving lines of credit, using real time risk assesment. Has surpassed $100 million annual revenue run rate (ARR) and $2.5 billion in transaction volume. Has raised over $500m from Healthcare of Ontario Pension Plan, Allianz X, Khosla Ventures, General Catalyst, Spark Growth Capital and Jeff Bezos, and signed over 70,000 businesses as customers.
- Carbon Health (US unicorn): Leading tech-centric health care company providing primary care, urgent care, and virtual care. Has raised over $500m from Blackstone, Dragoneer Investment Group, Brookfield Technology Partners (BTP) and Fifth Wall.
- WePay: One of the leading payments startups providing payments infrastructure to businesses making online transactions. Had raised over $70 million and was acquired by J.P Morgan Chase in December 2017.
- Given my strong track record and extensive relationships with entrepreneurs, investors and accelerators, I have access to a significant high-quality deal flow.
- I will share investments when the allocation is large enough to support a syndicate approach.
- Backing this syndicate doesn’t mean you have to invest in every single deal. You can opt out of any deal without incurring any penalty.
- Choose an “amount” to invest which represents the largest check you can write on a single deal. As deals become oversubscribed, I will cap the investment from you at that amount. You will therefore be able to invest less, but not more, than the amount you chose when signing up with this syndicate.
- You should really think about the investments you make, do your homework, be at ease with risk and comfortable with the fact that you may loose your entire investment.