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TRACXN TOP BUSINESS MODELS REPORT
April 21, 2022
ISRAEL TECH
Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
Israel Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2
Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Funding in last 1 year
3
Cybersecurity $4.8B
Internet of Things Infrastructure $1.0B
Blockchain Infrastructure $917M
Food Tech $785M
AI Infrastructure $703M
HRTech $534M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Viola Group
The Trendlines Group
Y Combinator
6
5
4
Early
Stage
Insight Partners
Entree Capital
OurCrowd
18
13
11
Late
Stage
Insight Partners
Sequoia Capital
Viola Group
13
6
6
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Fireblocks
(2018, Tel Aviv)
$550M - Series E
Claroty
(2014, Tel Aviv)
$400M - Series E
Future Meat Technologies
(2018, Jerusalem)
$347M - Series B
Orca Security
(2019, Tel Aviv)
$340M - Series C
Fireblocks
(2018, Tel Aviv)
$310M - Series D
Cybereason
(2012, Tel Aviv)
$275M - Series F
Gong
(2015, Ramat Gan)
$250M - Series E
Wiz
(2020, Tel Aviv)
$250M - Series C
Papaya Global
(2016, Herzliya)
$250M - Series D
AnyVision
(2015, Holon)
$235M - Series C
Cato Networks
(2015, Tel Aviv)
$200M - Series F
Fabric
(2015, Tel Aviv)
$200M - Series C
Tel Aviv (63%)
Jerusalem (5%)
Ramat Gan (4%)
Herzliya (4%)
Haifa (2%)
Others (21%)
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Israel Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▼2 Cloud Infrastructure Security $756M 5 Orca Security | $340M | Series C Link
2-- IoT Security for Networks $561M 4 Claroty | $400M | Series E Link
3▲57 Lab Grown Meat Substitutes $462M 4 Future Meat T.. | $347M | Series B Link
4▲60 Endpoint Security $325M 2 Cybereason | $275M | Series F Link
5▲44 Facial Biometric Systems $235M 1 AnyVision | $235M | Series C Link
6▼7 Secure Access Service Edge as a convergence (SASE) $200M 1 Cato Networks | $200M | Series F Link
7▲51 API Security $195M 2 Noname Security | $135M | Series C Link
8▲23 Game Streaming Management Solutions $175M 2 StreamElements | $100M | Series B Link
9-- Bioplastics From Waste $170M 1 UBQ Materials | $170M | Series A Link
10▲27 IoT Security for Devices $166M 8 Upstream Sec.. | $62.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Israel Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Employee Communication Tools $162M 3 Connecteam | $120M | Series C Link
12▼20 Internet First Business Loans $150M 2 Fundbox | $100M | Series D Link
13-- Neural Processing Unit $136M 1 Hailo | $136M | Series C Link
14-- Internet First Makeup Products Brands $130M 1 IL Makiage | $130M | Series B Link
15▲72 Cyber Threat Detection $129M 3 Hunters | $68.0M | Series C Link
16▲73 Cloud Management Platforms $128M 4 Torii | $50.0M | Series B Link
17▲108 Lab Grown Dairy Substitute Ingredients $120M 1 Remilk | $120M | Series B Link
18-- Retail Banking $120M 1 ONE ZERO | $120M | Series A Link
19-- Low Code Predictive Analytics $105M 3 Pecan | $66.0M | Series C Link
20▲50 IT Infrastructure Monitoring $104M 2 ControlUp | $100M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Israel Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21-- Parcel Delivery Management $100M 1 Bringg | $100M | Series E Link
22-- Customer Journey Management $100M 1 Totango | $100M | Series D Link
23-- Cyber Range $98.5M 2 SafeBreach | $53.5M | Series D Link
24▲87 Access Governance Management $92.0M 2 PlainID | $75.0M | Series C Link
25▲27 Security Incident and Event Management (SIEM) $87.5M 3 Coralogix | $55.0M | Series C Link
26▲149 Consumer Insights $80.3M 3 Optimove | $75.0M | Series B Link
27▼6 Cybersecurity Suite $80.0M 1 CoroNet | $80.0M | Series C Link
28-- Nano Based Batteries $80.0M 3 StoreDot | $80.0M | Series D Link
29▲54 Cyber Risk Assessment $78.0M 3 Panorays | $42.0M | Series B Link
30--
Healthcare IT > Horizontal > Collaboration Platforms
> Data security
$75.0M 2 MDClone | $63.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Israel Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲20 Data Science Platforms $75.0M 1 Explorium | $75.0M | Series C Link
32-- Object Storage $73.0M 1 WekaIO | $73.0M | Series D Link
33-- Managed CoWorking Spaces $72.0M 1 Mindspace | $72.0M | Series C Link
34▲26 Cloud Access Security Broker (CASB) $70.0M 2 Ermetic | $70.0M | Series B Link
35▼1 Multi Factor Authentication (MFA) $65.0M 1 Silverfort | $65.0M | Series C Link
36-- Video Content Creation $63.0M 2 AnyClip | $47.0M | Series C Link
37-- Autonomous Irrigation $57.0M 4 SupPlant | $27.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Israel Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Orca Security (2019, Tel Aviv)
$340M - Series C - Oct 2021
Wiz (2020, Tel Aviv)
$250M - Series C - Oct 2021
$120M - Series B - May 2021
Rezilion (2018, Beersheba)
$30.0M - Series A - Sep 2021
Lightspin (2020, Tel Aviv)
$16.0M - Series A - Jun 2021
Cloud Infrastructure Security - Israel
01
9
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Cloud Security (Guardicore)
(# Cos: 35 | $1.7B)
Cloud Infrastructure Security (Orca
Security)
(# Cos: 10 | $1.4B)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$756M (▲43.5%)
5(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.4B
10
-
10
5
Orca Security
(2019, Tel Aviv, $632M)
Guardicore
(2013, Tel Aviv, $110M)
Wiz
(2020, Tel Aviv, $600M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Claroty (2014, Tel Aviv)
$400M - Series E - Dec 2021
$140M - Series D - Jun 2021
Veego (2018, Ramat Gan)
$13.0M - Series A - Aug 2021
OneLayer (2021)
$8.2M - Seed - Mar 2022
IoT Security for Networks - Israel
02
10
Back to index
Internet of Things Infrastructure (Celeno)
(# Cos: 106 | $1.8B)
IoT Security (Upstream Security)
(# Cos: 42 | $1.1B)
Network Security (Claroty)
(# Cos: 16 | $666M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$561M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$666M
11
-
16
3
Claroty
(2014, Tel Aviv, $635M)
Veego
(2018, Ramat Gan, $18.0M)
TowerSec
(2012, Tel Aviv)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Lab Grown Meat Substitutes - Israel
03
11
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$462M (▲1192%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$532M
4
1
4
2
Food Tech (Tastewise)
(# Cos: 204 | $1.2B)
Novel Foods (Remilk)
(# Cos: 38 | $956M)
Food Products (Else Nutrition)
(# Cos: 23 | $747M)
Alternative Proteins (SuperMeat)
(# Cos: 14 | $737M)
Meat Substitute (Future Meat
Technologies)
(# Cos: 11 | $714M)
Lab Grown (Aleph Farms)
(# Cos: 4 | $532M)
Aleph Farms
(2017, Ashdod, $118M)
Future Meat Technologies
(2018, Jerusalem, $390M)
SuperMeat
(2015, Tel Aviv, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Future Meat Techn.. (2018, Jerusalem)
$347M - Series B - Dec 2021
Aleph Farms (2017, Ashdod)
Undisclosed - Series B - Sep 2021
$105M - Series B - Jul 2021
SuperMeat (2015, Tel Aviv)
$10.0M - Series A - Mar 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Cybereason (2012, Tel Aviv)
$50.0M - Series F - Oct 2021
$275M - Series F - Jul 2021
Endpoint Security - Israel
04
12
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Endpoint Security (Minerva Labs)
(# Cos: 44 | $1.1B)
Endpoint UTM (Cybereason)
(# Cos: 3 | $770M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$325M (▲948%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$770M
2
-
3
2
Cybereason
(2012, Tel Aviv, $718M)
MorphiSec
(2014, Beersheba, $51.5M)
Kazuar Advanced Techno..
(2014, Tel Aviv)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Facial Biometric Systems - Israel
05
13
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$235M (▲447%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$352M
3
-
7
1
Security & Surveillance Technology (Airobotics)
(# Cos: 135 | $701M)
PIAM (FST Biometrics)
(# Cos: 35 | $385M)
Biometrics System (Oosto)
(# Cos: 15 | $352M)
Facial Biometrics (AnyVision)
(# Cos: 7 | $352M)
AnyVision
(2015, Holon, $352M)
Oosto
(2015, Holon)
Realface
(2014, Tel Aviv)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AnyVision (2015, Holon)
$235M - Series C - Jul 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Cato Networks (2015, Tel Aviv)
$200M - Series F - Oct 2021
Secure Access Service Edge as a
convergence (SASE) - Israel
06
14
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Network Security (Spike)
(# Cos: 64 | $945M)
Secure Access Service Edge as a
convergence (SASE) (Cato Networks)
(# Cos: 2 | $578M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$200M (▲17%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$578M
2
-
2
2
Cato Networks
(2015, Tel Aviv, $513M)
Perimeter 81
(2014, Tel Aviv, $65.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Noname Security (2020)
$135M - Series C - Dec 2021
$60.0M - Series B - Jun 2021
API Security - Israel
07
15
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Application Security (Pentera)
(# Cos: 33 | $827M)
API Security (Noname Security)
(# Cos: 10 | $229M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$195M (▲550%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$229M
6
-
10
2
Noname Security
(2020, $220M)
L7 Defense
(2015, Beersheba, $5.3M)
Imvision
(2015, Tel Aviv)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
StreamElements (2016, Tel Aviv)
$100M - Series B - Sep 2021
Overwolf (2009, Ramat Gan)
$75.0M - Series D - Nov 2021
Game Streaming Management Solutions
- Israel
08
16
Back to index
Gaming Tech (Supersonic)
(# Cos: 50 | $330M)
Gamers Tools (StreamElements)
(# Cos: 6 | $280M)
Streaming Management (Overwolf)
(# Cos: 3 | $261M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$175M (▲233%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$261M
3
-
3
2
Overwolf
(2009, Ramat Gan, $150M)
StreamElements
(2016, Tel Aviv, $111M)
PlayStream
(2020, Modiin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Bioplastics From Waste - Israel
09
17
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$170M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$170M
2
-
2
0
Advanced Materials (Gauzy)
(# Cos: 22 | $263M)
Biomaterials (Kenaf Ventures)
(# Cos: 7 | $170M)
Biodegradable Polymers (Smart Resilin)
(# Cos: 7 | $170M)
Bioplastics (TripleW)
(# Cos: 4 | $170M)
From Waste (UBQ Materials)
(# Cos: 2 | $170M)
UBQ Materials
(2012, Tel Aviv, $170M)
TripleW
(2015, Netanya)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
UBQ Materials (2012, Tel Aviv)
$170M - Series A - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Upstream Security (2017, Herzliya)
$62.0M - Series C - Aug 2021
$36.0M - Series C - May 2021
Sternum (2018, Tel Aviv)
$27.0M - Series B - Sep 2021
NanoLock Secur.. (2016, Hod Hasharon)
$11.0M - Series B - Jul 2021
Karamba Security (2015, Hod Hasharon)
$10.0M - Series B - Dec 2021
Reposify (2016, Bnei Brak)
$8.5M - Seed - Dec 2021
ShieldIoT (2016, Tel Aviv)
$7.4M - Series A - Nov 2021
View all 8 Funding Rounds on Tracxn Platform
IoT Security for Devices - Israel
10
18
Back to index
Internet of Things Infrastructure (Celeno)
(# Cos: 106 | $1.8B)
IoT Security (Argus Cyber Security)
(# Cos: 42 | $1.1B)
Device Security (Upstream Security)
(# Cos: 24 | $394M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$166M (▲235%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$394M
17
-
24
10
Upstream Security
(2017, Herzliya, $139M)
VDOO
(2017, Tel Aviv, $70.0M)
GuardKnox
(2015, Rosh Haayin, $24.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Connecteam (2016, Tel Aviv)
$120M - Series C - Mar 2022
$37.0M - Series B - Apr 2021
Bites (2017, Tel Aviv)
$5.0M - Seed - Oct 2021
Employee Communication Tools - Israel
11
19
Back to index
HRTech (Fiverr)
(# Cos: 274 | $972M)
Employee Engagement (Eloops)
(# Cos: 22 | $176M)
Employee Communication (Connecteam)
(# Cos: 4 | $166M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$162M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$166M
3
-
4
2
Connecteam
(2016, Tel Aviv, $160M)
Bites
(2017, Tel Aviv, $5.0M)
Enerjoy
(2015, Tel Aviv, $577K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Internet First Business Loans - Israel
12
20
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$150M (▼56.6%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$780M
2
-
2
2
Alternative Lending (Charge After)
(# Cos: 47 | $865M)
Online Lenders (Isracard)
(# Cos: 33 | $805M)
Business Loans (DivergentCapital)
(# Cos: 12 | $788M)
Diversified (Liquidity)
(# Cos: 4 | $780M)
Direct Lender (Fundbox)
(# Cos: 2 | $780M)
Fundbox
(2013, Tel Aviv, $730M)
Liquidity
(2017, Bnei Brak, $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fundbox (2013, Tel Aviv)
$100M - Series D - Nov 2021
Liquidity (2017, Bnei Brak)
$50.0M - Series C - Apr 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Neural Processing Unit - Israel
13
21
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$136M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$224M
1
-
1
1
Digital ICs (NeuroBlade)
(# Cos: 22 | $770M)
Microprocessors (pliops)
(# Cos: 13 | $583M)
Artificial Intelligence and Machine
Learning (Brodmann17)
(# Cos: 5 | $379M)
Neural Processing Unit (Hailo)
(# Cos: 1 | $224M)
Hailo
(2017, Tel Aviv, $224M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hailo (2017, Tel Aviv)
$136M - Series C - Jun 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Internet First Makeup Products Brands -
Israel
14
22
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$130M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$130M
1
-
1
1
Beauty Tech (Moodify)
(# Cos: 39 | $151M)
Ecommerce (Maapilim)
(# Cos: 22 | $135M)
Color Cosmetics (Funailz)
(# Cos: 3 | $130M)
Internet First Brand (IL Makiage)
(# Cos: 1 | $130M)
IL Makiage
(2018, Tel Aviv, $130M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
IL Makiage (2018, Tel Aviv)
$130M - Series B - Jan 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Hunters (2018, Tel Aviv)
$68.0M - Series C - Jan 2022
$30.0M - Series B - Aug 2021
ThetaRay (2013, Hod Hasharon)
$31.0M - Series C - May 2021
Cyber Threat Detection - Israel
15
23
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Security Analytics (Vulcan)
(# Cos: 58 | $830M)
Threat Detection (Hunters)
(# Cos: 15 | $326M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$129M (▲486%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$326M
8
-
15
3
Hunters
(2018, Tel Aviv, $118M)
ThetaRay
(2013, Hod Hasharon, $90.0M)
LightCyber
(2011, Ramat Gan, $36.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Torii (2017, Raanana)
$50.0M - Series B - Feb 2022
Zesty (2018, Ramat Gan)
$35.0M - Series A - Nov 2021
Lightlytics (2020, Ramat Gan)
$26.0M - Series A - Mar 2022
env0 (2018, Givatayim)
$17.0M - Series A - Jun 2021
Cloud Management Platforms - Israel
16
24
Back to index
Cloud Infrastructure (Orca Security)
(# Cos: 70 | $2.1B)
Cloud Governance Platform (Torii)
(# Cos: 23 | $250M)
Management (env0)
(# Cos: 11 | $163M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$128M (▲537%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$163M
5
-
11
4
env0
(2018, Givatayim, $23.9M)
Torii
(2017, Raanana, $65.0M)
Zesty
(2018, Ramat Gan, $42.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Lab Grown Dairy Substitute Ingredients -
Israel
17
25
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$120M (▲962%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$131M
1
-
2
1
Food Tech (Tastewise)
(# Cos: 204 | $1.2B)
Novel Foods (Aleph Farms)
(# Cos: 38 | $956M)
Food Ingredients (DouxMatok)
(# Cos: 15 | $209M)
Dairy Substitute (Amarlane Foods)
(# Cos: 2 | $131M)
Lab Grown (Remilk)
(# Cos: 2 | $131M)
Remilk
(2019, Tel Aviv, $131M)
Amarlane Foods
(2014, Jerusalem)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Remilk (2019, Tel Aviv)
$120M - Series B - Jan 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Retail Banking - Israel
18
26
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$120M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$185M
1
-
1
1
Banking Tech (Earnix)
(# Cos: 59 | $716M)
Internet First Banks (Pepper)
(# Cos: 6 | $185M)
Digital Native Banks (Crypteex)
(# Cos: 3 | $185M)
Retail Banking (ONE ZERO)
(# Cos: 1 | $185M)
ONE ZERO
(2019, Tel Aviv-Yafo, $185M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ONE ZERO (2019, Tel Aviv-Yafo)
$120M - Series A - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Pecan (2016, Tel Aviv)
$66.0M - Series C - Feb 2022
$35.0M - Series B - May 2021
Forwrd (2021, Tel Aviv)
$3.5M - Seed - Jan 2022
Low Code Predictive Analytics - Israel
19
27
Back to index
Business Intelligence (Sisense)
(# Cos: 78 | $707M)
Predictive Analytics (DMWay)
(# Cos: 6 | $122M)
No Code (Pecan)
(# Cos: 2 | $121M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$105M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$121M
2
-
2
2
Pecan
(2016, Tel Aviv, $118M)
Forwrd
(2021, Tel Aviv, $3.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
ControlUp (2009, Lod)
$100M - Series D - Nov 2021
Sosivio (2019, Tel Aviv)
$4.0M - Seed - May 2021
IT Infrastructure Monitoring - Israel
20
28
Back to index
IT Operations (Zerto)
(# Cos: 107 | $1.4B)
ITOM (Logz.io)
(# Cos: 70 | $897M)
Infrastructure Monitoring (ControlUp)
(# Cos: 6 | $154M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$104M (▲285%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$154M
5
-
6
2
ControlUp
(2009, Lod, $140M)
Centerity
(2006, Raanana, $10.0M)
Sosivio
(2019, Tel Aviv, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Parcel Delivery Management - Israel
21
29
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$185M
2
-
9
1
Logistics Tech (Fabric)
(# Cos: 129 | $698M)
Parcel (PAKET)
(# Cos: 28 | $185M)
Technology Enablers (Package)
(# Cos: 9 | $185M)
Delivery Management (Bringg)
(# Cos: 9 | $185M)
Bringg
(2013, Tel Aviv, $185M)
Package
(2016, Tel Aviv)
SmartRun
(undefined, Ramat Aviv)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bringg (2013, Tel Aviv)
$100M - Series E - Jun 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Totango (2010, Tel Aviv)
$100M - Series D - Sep 2021
Customer Journey Management - Israel
22
30
Back to index
Customer Success Management (NICE Systems)
(# Cos: 37 | $581M)
Customer Experience Management (AppsFlyer)
(# Cos: 6 | $449M)
Customer Journey Management
(Totango)
(# Cos: 2 | $149M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$149M
1
-
2
1
Totango
(2010, Tel Aviv, $149M)
CEMantica
(2017, Kfar Saba)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Cyber Range - Israel
23
31
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Cyber Range (SafeBreach)
(# Cos: 2 | $178M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$98.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$178M
2
-
2
2
SafeBreach
(2014, Tel Aviv, $107M)
Cymulate
(2016, Rishon Lezion, $71.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SafeBreach (2014, Tel Aviv)
$53.5M - Series D - Nov 2021
Cymulate (2016, Rishon Lezion)
$45.0M - Series C - May 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
PlainID (2014, Misgav)
$75.0M - Series C - Dec 2021
env0 (2018, Givatayim)
$17.0M - Series A - Jun 2021
Access Governance Management - Israel
24
32
Back to index
GRC Software (Check Point Software)
(# Cos: 74 | $591M)
Governance (DocAuthority)
(# Cos: 9 | $162M)
Access Governance (env0)
(# Cos: 5 | $124M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$92.0M (▲535%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$124M
2
-
5
2
env0
(2018, Givatayim, $23.9M)
PlainID
(2014, Misgav, $100M)
Xpandion
(2007, Tel Aviv)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Coralogix (2014, Tel Aviv)
$55.0M - Series C - Jul 2021
CardinalOps (2020, Tel Aviv)
$17.5M - Series A - Mar 2022
CYREBRO (2012, Tel Aviv)
$15.0M - Series B - Apr 2021
Security Incident and Event
Management (SIEM) - Israel
25
33
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Security Analytics (Hunters)
(# Cos: 58 | $830M)
SIEM (Coralogix)
(# Cos: 5 | $142M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$87.5M (▲178%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$142M
3
-
5
3
Coralogix
(2014, Tel Aviv, $96.2M)
CardinalOps
(2020, Tel Aviv, $24.0M)
CYREBRO
(2012, Tel Aviv, $22.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Optimove (2009, Tel Aviv)
$75.0M - Series B - Sep 2021
Affogata (2020, Bnei Brak)
$4.0M - Seed - Mar 2022
Drill (Tel Aviv)
$1.3M - Seed - Dec 2021
Consumer Insights - Israel
26
34
Back to index
MarketingTech (Wix)
(# Cos: 509 | $2.4B)
Marketing Research (Affogata)
(# Cos: 27 | $110M)
Consumer Insights (Optimove)
(# Cos: 12 | $107M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$80.3M (▲1359%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$107M
9
-
12
2
Optimove
(2009, Tel Aviv, $95.0M)
Affogata
(2020, Bnei Brak, $9.5M)
Neuro Applied
(2016, Hadera, $130K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Cybersecurity Suite - Israel
27
35
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Suite (Check Point Software)
(# Cos: 8 | $159M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$80.0M (▲37.9%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$159M
4
1
8
2
Check Point Software
(1993, Tel Aviv, $400K)
Cynet
(2014, Rishon Lezion, $79.0M)
CoroNet
(2013, Beersheba, $80.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CoroNet (2013, Beersheba)
$80.0M - Series C - Apr 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Nano Based Batteries - Israel
28
36
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$80.0M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$230M
3
1
4
1
Nanotechnology (Gauzy)
(# Cos: 72 | $465M)
Nanoenabled Products (ViAqua Therapeutics)
(# Cos: 44 | $363M)
Energy (3DBattery)
(# Cos: 7 | $234M)
Storage (UltraCharge)
(# Cos: 5 | $230M)
Batteries (StoreDot)
(# Cos: 4 | $230M)
StoreDot
(2012, Herzliya, $226M)
UltraCharge
(2016, Haifa, $700K)
3DBattery
(2016, Tel Aviv, $3.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
StoreDot (2012, Herzliya)
Undisclosed - Series D - Mar 2022
$80.0M - Series D - Jan 2022
Undisclosed - Series D - Sep 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Panorays (2014, Tel Aviv)
$42.0M - Series B - Sep 2021
Adaptive Shield (2019, Tel Aviv)
$30.0M - Series A - Oct 2021
Atmosec (2021, Tel Aviv)
$6.0M - Seed - Dec 2021
Cyber Risk Assessment - Israel
29
37
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Security Analytics (Hunters)
(# Cos: 58 | $830M)
Cyber Risk & Vulnerability Assessment
(Vulcan)
(# Cos: 27 | $253M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$78.0M (▲271%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$253M
13
-
27
6
Vulcan
(2018, Tel Aviv, $35.0M)
XM Cyber
(2016, Herzliya, $49.0M)
Kovrr
(2016, Tel Aviv, $5.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Horizontal > Collaboration
Platforms > Data security - Israel
30
38
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$75.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$116M
2
-
2
2
Healthcare IT (Zebra Medical Vision)
(# Cos: 382 | $2.1B)
Horizontal (Medix software)
(# Cos: 6 | $116M)
Collaboration Platforms (Lynx)
(# Cos: 6 | $116M)
Data security (MDClone)
(# Cos: 2 | $116M)
MDClone
(2016, Beersheba, $104M)
Lynx
(2017, Tel Aviv, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MDClone (2016, Beersheba)
$63.0M - Series C - Mar 2022
Lynx (2017, Tel Aviv)
$12.0M - Seed - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Explorium (2017, Tel Aviv)
$75.0M - Series C - May 2021
Data Science Platforms - Israel
31
39
Back to index
AI Infrastructure (Deci)
(# Cos: 72 | $1.8B)
Machine Intelligence Systems (Explorium)
(# Cos: 23 | $689M)
Data Science Platforms (Sisense)
(# Cos: 7 | $476M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$75.0M (▲142%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$476M
5
-
7
3
Sisense
(2004, Ramat Gan, $276M)
Explorium
(2017, Tel Aviv, $127M)
Iguazio
(2014, Herzliya, $72.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
WekaIO (2014, Tel Aviv)
$73.0M - Series D - Jan 2022
Object Storage - Israel
32
40
Back to index
Enterprise Storage (Zerto)
(# Cos: 33 | $1.2B)
Storage Technology (CTERA)
(# Cos: 3 | $240M)
Object Storage (WekaIO)
(# Cos: 2 | $140M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$73.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$140M
2
-
2
1
WekaIO
(2014, Tel Aviv, $140M)
NooBaa
(2013, Jerusalem)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Mindspace (2013, Tel Aviv)
$72.0M - Series C - Nov 2021
Managed CoWorking Spaces - Israel
33
41
Back to index
Commercial Real Estate Tech (Splacer)
(# Cos: 41 | $169M)
CoWorking (Urbanplace)
(# Cos: 24 | $159M)
Managed (Mindspace)
(# Cos: 22 | $159M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$72.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$159M
4
-
22
2
Mindspace
(2013, Tel Aviv, $107M)
Urbanplace
(2014, Tel Aviv, $12.0M)
Mixer
(2016, Tel Aviv, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Ermetic (2019, Tel Aviv)
Undisclosed - Series B - Mar 2022
$70.0M - Series B - Dec 2021
Cloud Access Security Broker (CASB) -
Israel
34
42
Back to index
Cybersecurity (CyberArk)
(# Cos: 601 | $10.5B)
Cloud Security (Orca Security)
(# Cos: 35 | $1.7B)
CASB (Ermetic)
(# Cos: 7 | $197M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$70.0M (▲157%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$197M
7
-
7
1
Ermetic
(2019, Tel Aviv, $100M)
Adallom
(2012, Tel Aviv, $49.5M)
Odo Security
(2018, Tel Aviv, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Silverfort (2016, Tel Aviv)
$65.0M - Series C - Apr 2022
Multi Factor Authentication (MFA) -
Israel
35
43
Back to index
Cybersecurity (Check Point Software)
(# Cos: 601 | $10.5B)
IAM (CyberArk)
(# Cos: 80 | $1.2B)
MFA (Silverfort)
(# Cos: 9 | $142M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$65.0M (▲44.4%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$142M
4
-
9
2
Silverfort
(2016, Tel Aviv, $107M)
Secret Double Octopus
(2015, Beersheba, $21.0M)
SilverFort
(2016, Tel Aviv, $14.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
Video Content Creation - Israel
36
44
Back to index
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$63.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$98.5M
9
-
17
2
MarketingTech (Wix)
(# Cos: 509 | $2.4B)
Content Marketing (PlayBuzz)
(# Cos: 75 | $330M)
Content Creation (Tailor Brands)
(# Cos: 36 | $263M)
Video Content (AnyClip)
(# Cos: 17 | $98.5M)
AnyClip
(2008, Jerusalem, $68.0M)
Promo
(2016, Tel Aviv, $28.0M)
PowToon
(2011, Netanya, $780K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AnyClip (2008, Jerusalem)
$47.0M - Series C - May 2021
Promo (2016, Tel Aviv)
$16.0M - Series B - May 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
Recent Funding Rounds
SupPlant (2012, Afula)
$27.0M - Series B - Mar 2022
$10.0M - Series A - Jun 2021
N-Drip (2015, Bnei Atarot)
$20.0M - Series B - Nov 2021
Autonomous Pivot (2017, Tel Aviv)
Undisclosed - Seed - Jun 2021
Autonomous Irrigation - Israel
37
45
Back to index
Crop Tech (Prospera)
(# Cos: 261 | $930M)
Autonomous Farming (Tevel Aerobotics
Technologies)
(# Cos: 59 | $316M)
Irrigation (Netafim)
(# Cos: 19 | $266M)
Taxonomy
$ Invested in last 1 year in Israel Tech
Key Stats
# Funding Rounds in last 1 year in
Israel Tech
$57.0M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$266M
9
1
19
2
Netafim
(1965, Tel Aviv)
SupPlant
(2012, Afula, $46.0M)
N-Drip
(2015, Bnei Atarot, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Israel Tech - Top Business Models Report
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  • 1. TRACXN TOP BUSINESS MODELS REPORT April 21, 2022 ISRAEL TECH
  • 2. Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Contents Israel Tech Funding Overview 3 Top Funded Business Models 4 One Pagers 9 Appendix 59 2
  • 3. Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Funding in last 1 year 3 Cybersecurity $4.8B Internet of Things Infrastructure $1.0B Blockchain Infrastructure $917M Food Tech $785M AI Infrastructure $703M HRTech $534M Y-o-Y Funding Top Investors by Funding Rounds Seed Stage Viola Group The Trendlines Group Y Combinator 6 5 4 Early Stage Insight Partners Entree Capital OurCrowd 18 13 11 Late Stage Insight Partners Sequoia Capital Viola Group 13 6 6 Funding by Geography Top Feeds by $ Funding Top Funding Rounds $ Funding # Rounds Fireblocks (2018, Tel Aviv) $550M - Series E Claroty (2014, Tel Aviv) $400M - Series E Future Meat Technologies (2018, Jerusalem) $347M - Series B Orca Security (2019, Tel Aviv) $340M - Series C Fireblocks (2018, Tel Aviv) $310M - Series D Cybereason (2012, Tel Aviv) $275M - Series F Gong (2015, Ramat Gan) $250M - Series E Wiz (2020, Tel Aviv) $250M - Series C Papaya Global (2016, Herzliya) $250M - Series D AnyVision (2015, Holon) $235M - Series C Cato Networks (2015, Tel Aviv) $200M - Series F Fabric (2015, Tel Aviv) $200M - Series C Tel Aviv (63%) Jerusalem (5%) Ramat Gan (4%) Herzliya (4%) Haifa (2%) Others (21%)
  • 4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Israel Tech - Top Funded Business Models - last 1 year (1/5) 4 Rank Business Model $ Funding # Rounds Top Funding Round Details 1▼2 Cloud Infrastructure Security $756M 5 Orca Security | $340M | Series C Link 2-- IoT Security for Networks $561M 4 Claroty | $400M | Series E Link 3▲57 Lab Grown Meat Substitutes $462M 4 Future Meat T.. | $347M | Series B Link 4▲60 Endpoint Security $325M 2 Cybereason | $275M | Series F Link 5▲44 Facial Biometric Systems $235M 1 AnyVision | $235M | Series C Link 6▼7 Secure Access Service Edge as a convergence (SASE) $200M 1 Cato Networks | $200M | Series F Link 7▲51 API Security $195M 2 Noname Security | $135M | Series C Link 8▲23 Game Streaming Management Solutions $175M 2 StreamElements | $100M | Series B Link 9-- Bioplastics From Waste $170M 1 UBQ Materials | $170M | Series A Link 10▲27 IoT Security for Devices $166M 8 Upstream Sec.. | $62.0M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Israel Tech - Top Funded Business Models - last 1 year (2/5) 5 Rank Business Model $ Funding # Rounds Top Funding Round Details 11-- Employee Communication Tools $162M 3 Connecteam | $120M | Series C Link 12▼20 Internet First Business Loans $150M 2 Fundbox | $100M | Series D Link 13-- Neural Processing Unit $136M 1 Hailo | $136M | Series C Link 14-- Internet First Makeup Products Brands $130M 1 IL Makiage | $130M | Series B Link 15▲72 Cyber Threat Detection $129M 3 Hunters | $68.0M | Series C Link 16▲73 Cloud Management Platforms $128M 4 Torii | $50.0M | Series B Link 17▲108 Lab Grown Dairy Substitute Ingredients $120M 1 Remilk | $120M | Series B Link 18-- Retail Banking $120M 1 ONE ZERO | $120M | Series A Link 19-- Low Code Predictive Analytics $105M 3 Pecan | $66.0M | Series C Link 20▲50 IT Infrastructure Monitoring $104M 2 ControlUp | $100M | Series D Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 6. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Israel Tech - Top Funded Business Models - last 1 year (3/5) 6 Rank Business Model $ Funding # Rounds Top Funding Round Details 21-- Parcel Delivery Management $100M 1 Bringg | $100M | Series E Link 22-- Customer Journey Management $100M 1 Totango | $100M | Series D Link 23-- Cyber Range $98.5M 2 SafeBreach | $53.5M | Series D Link 24▲87 Access Governance Management $92.0M 2 PlainID | $75.0M | Series C Link 25▲27 Security Incident and Event Management (SIEM) $87.5M 3 Coralogix | $55.0M | Series C Link 26▲149 Consumer Insights $80.3M 3 Optimove | $75.0M | Series B Link 27▼6 Cybersecurity Suite $80.0M 1 CoroNet | $80.0M | Series C Link 28-- Nano Based Batteries $80.0M 3 StoreDot | $80.0M | Series D Link 29▲54 Cyber Risk Assessment $78.0M 3 Panorays | $42.0M | Series B Link 30-- Healthcare IT > Horizontal > Collaboration Platforms > Data security $75.0M 2 MDClone | $63.0M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Israel Tech - Top Funded Business Models - last 1 year (4/5) 7 Rank Business Model $ Funding # Rounds Top Funding Round Details 31▲20 Data Science Platforms $75.0M 1 Explorium | $75.0M | Series C Link 32-- Object Storage $73.0M 1 WekaIO | $73.0M | Series D Link 33-- Managed CoWorking Spaces $72.0M 1 Mindspace | $72.0M | Series C Link 34▲26 Cloud Access Security Broker (CASB) $70.0M 2 Ermetic | $70.0M | Series B Link 35▼1 Multi Factor Authentication (MFA) $65.0M 1 Silverfort | $65.0M | Series C Link 36-- Video Content Creation $63.0M 2 AnyClip | $47.0M | Series C Link 37-- Autonomous Irrigation $57.0M 4 SupPlant | $27.0M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Israel Tech - Top Funded Business Models - last 1 year (5/5) 8 Rank Business Model $ Funding # Rounds Top Funding Round Details * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Orca Security (2019, Tel Aviv) $340M - Series C - Oct 2021 Wiz (2020, Tel Aviv) $250M - Series C - Oct 2021 $120M - Series B - May 2021 Rezilion (2018, Beersheba) $30.0M - Series A - Sep 2021 Lightspin (2020, Tel Aviv) $16.0M - Series A - Jun 2021 Cloud Infrastructure Security - Israel 01 9 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Cloud Security (Guardicore) (# Cos: 35 | $1.7B) Cloud Infrastructure Security (Orca Security) (# Cos: 10 | $1.4B) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $756M (▲43.5%) 5(▼37.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $1.4B 10 - 10 5 Orca Security (2019, Tel Aviv, $632M) Guardicore (2013, Tel Aviv, $110M) Wiz (2020, Tel Aviv, $600M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Claroty (2014, Tel Aviv) $400M - Series E - Dec 2021 $140M - Series D - Jun 2021 Veego (2018, Ramat Gan) $13.0M - Series A - Aug 2021 OneLayer (2021) $8.2M - Seed - Mar 2022 IoT Security for Networks - Israel 02 10 Back to index Internet of Things Infrastructure (Celeno) (# Cos: 106 | $1.8B) IoT Security (Upstream Security) (# Cos: 42 | $1.1B) Network Security (Claroty) (# Cos: 16 | $666M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $561M ( -- ) 4( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $666M 11 - 16 3 Claroty (2014, Tel Aviv, $635M) Veego (2018, Ramat Gan, $18.0M) TowerSec (2012, Tel Aviv) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Lab Grown Meat Substitutes - Israel 03 11 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $462M (▲1192%) 4(▲33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $532M 4 1 4 2 Food Tech (Tastewise) (# Cos: 204 | $1.2B) Novel Foods (Remilk) (# Cos: 38 | $956M) Food Products (Else Nutrition) (# Cos: 23 | $747M) Alternative Proteins (SuperMeat) (# Cos: 14 | $737M) Meat Substitute (Future Meat Technologies) (# Cos: 11 | $714M) Lab Grown (Aleph Farms) (# Cos: 4 | $532M) Aleph Farms (2017, Ashdod, $118M) Future Meat Technologies (2018, Jerusalem, $390M) SuperMeat (2015, Tel Aviv, $15.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Future Meat Techn.. (2018, Jerusalem) $347M - Series B - Dec 2021 Aleph Farms (2017, Ashdod) Undisclosed - Series B - Sep 2021 $105M - Series B - Jul 2021 SuperMeat (2015, Tel Aviv) $10.0M - Series A - Mar 2022
  • 12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Cybereason (2012, Tel Aviv) $50.0M - Series F - Oct 2021 $275M - Series F - Jul 2021 Endpoint Security - Israel 04 12 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Endpoint Security (Minerva Labs) (# Cos: 44 | $1.1B) Endpoint UTM (Cybereason) (# Cos: 3 | $770M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $325M (▲948%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $770M 2 - 3 2 Cybereason (2012, Tel Aviv, $718M) MorphiSec (2014, Beersheba, $51.5M) Kazuar Advanced Techno.. (2014, Tel Aviv) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Facial Biometric Systems - Israel 05 13 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $235M (▲447%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $352M 3 - 7 1 Security & Surveillance Technology (Airobotics) (# Cos: 135 | $701M) PIAM (FST Biometrics) (# Cos: 35 | $385M) Biometrics System (Oosto) (# Cos: 15 | $352M) Facial Biometrics (AnyVision) (# Cos: 7 | $352M) AnyVision (2015, Holon, $352M) Oosto (2015, Holon) Realface (2014, Tel Aviv) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. AnyVision (2015, Holon) $235M - Series C - Jul 2021
  • 14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Cato Networks (2015, Tel Aviv) $200M - Series F - Oct 2021 Secure Access Service Edge as a convergence (SASE) - Israel 06 14 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Network Security (Spike) (# Cos: 64 | $945M) Secure Access Service Edge as a convergence (SASE) (Cato Networks) (# Cos: 2 | $578M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $200M (▲17%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $578M 2 - 2 2 Cato Networks (2015, Tel Aviv, $513M) Perimeter 81 (2014, Tel Aviv, $65.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Noname Security (2020) $135M - Series C - Dec 2021 $60.0M - Series B - Jun 2021 API Security - Israel 07 15 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Application Security (Pentera) (# Cos: 33 | $827M) API Security (Noname Security) (# Cos: 10 | $229M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $195M (▲550%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $229M 6 - 10 2 Noname Security (2020, $220M) L7 Defense (2015, Beersheba, $5.3M) Imvision (2015, Tel Aviv) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds StreamElements (2016, Tel Aviv) $100M - Series B - Sep 2021 Overwolf (2009, Ramat Gan) $75.0M - Series D - Nov 2021 Game Streaming Management Solutions - Israel 08 16 Back to index Gaming Tech (Supersonic) (# Cos: 50 | $330M) Gamers Tools (StreamElements) (# Cos: 6 | $280M) Streaming Management (Overwolf) (# Cos: 3 | $261M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $175M (▲233%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $261M 3 - 3 2 Overwolf (2009, Ramat Gan, $150M) StreamElements (2016, Tel Aviv, $111M) PlayStream (2020, Modiin) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Bioplastics From Waste - Israel 09 17 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $170M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $170M 2 - 2 0 Advanced Materials (Gauzy) (# Cos: 22 | $263M) Biomaterials (Kenaf Ventures) (# Cos: 7 | $170M) Biodegradable Polymers (Smart Resilin) (# Cos: 7 | $170M) Bioplastics (TripleW) (# Cos: 4 | $170M) From Waste (UBQ Materials) (# Cos: 2 | $170M) UBQ Materials (2012, Tel Aviv, $170M) TripleW (2015, Netanya) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. UBQ Materials (2012, Tel Aviv) $170M - Series A - Dec 2021
  • 18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Upstream Security (2017, Herzliya) $62.0M - Series C - Aug 2021 $36.0M - Series C - May 2021 Sternum (2018, Tel Aviv) $27.0M - Series B - Sep 2021 NanoLock Secur.. (2016, Hod Hasharon) $11.0M - Series B - Jul 2021 Karamba Security (2015, Hod Hasharon) $10.0M - Series B - Dec 2021 Reposify (2016, Bnei Brak) $8.5M - Seed - Dec 2021 ShieldIoT (2016, Tel Aviv) $7.4M - Series A - Nov 2021 View all 8 Funding Rounds on Tracxn Platform IoT Security for Devices - Israel 10 18 Back to index Internet of Things Infrastructure (Celeno) (# Cos: 106 | $1.8B) IoT Security (Argus Cyber Security) (# Cos: 42 | $1.1B) Device Security (Upstream Security) (# Cos: 24 | $394M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $166M (▲235%) 8(▲60%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $394M 17 - 24 10 Upstream Security (2017, Herzliya, $139M) VDOO (2017, Tel Aviv, $70.0M) GuardKnox (2015, Rosh Haayin, $24.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Connecteam (2016, Tel Aviv) $120M - Series C - Mar 2022 $37.0M - Series B - Apr 2021 Bites (2017, Tel Aviv) $5.0M - Seed - Oct 2021 Employee Communication Tools - Israel 11 19 Back to index HRTech (Fiverr) (# Cos: 274 | $972M) Employee Engagement (Eloops) (# Cos: 22 | $176M) Employee Communication (Connecteam) (# Cos: 4 | $166M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $162M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $166M 3 - 4 2 Connecteam (2016, Tel Aviv, $160M) Bites (2017, Tel Aviv, $5.0M) Enerjoy (2015, Tel Aviv, $577K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Internet First Business Loans - Israel 12 20 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $150M (▼56.6%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $780M 2 - 2 2 Alternative Lending (Charge After) (# Cos: 47 | $865M) Online Lenders (Isracard) (# Cos: 33 | $805M) Business Loans (DivergentCapital) (# Cos: 12 | $788M) Diversified (Liquidity) (# Cos: 4 | $780M) Direct Lender (Fundbox) (# Cos: 2 | $780M) Fundbox (2013, Tel Aviv, $730M) Liquidity (2017, Bnei Brak, $50.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Fundbox (2013, Tel Aviv) $100M - Series D - Nov 2021 Liquidity (2017, Bnei Brak) $50.0M - Series C - Apr 2022
  • 21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Neural Processing Unit - Israel 13 21 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $136M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $224M 1 - 1 1 Digital ICs (NeuroBlade) (# Cos: 22 | $770M) Microprocessors (pliops) (# Cos: 13 | $583M) Artificial Intelligence and Machine Learning (Brodmann17) (# Cos: 5 | $379M) Neural Processing Unit (Hailo) (# Cos: 1 | $224M) Hailo (2017, Tel Aviv, $224M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Hailo (2017, Tel Aviv) $136M - Series C - Jun 2021
  • 22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Internet First Makeup Products Brands - Israel 14 22 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $130M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $130M 1 - 1 1 Beauty Tech (Moodify) (# Cos: 39 | $151M) Ecommerce (Maapilim) (# Cos: 22 | $135M) Color Cosmetics (Funailz) (# Cos: 3 | $130M) Internet First Brand (IL Makiage) (# Cos: 1 | $130M) IL Makiage (2018, Tel Aviv, $130M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. IL Makiage (2018, Tel Aviv) $130M - Series B - Jan 2022
  • 23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Hunters (2018, Tel Aviv) $68.0M - Series C - Jan 2022 $30.0M - Series B - Aug 2021 ThetaRay (2013, Hod Hasharon) $31.0M - Series C - May 2021 Cyber Threat Detection - Israel 15 23 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Security Analytics (Vulcan) (# Cos: 58 | $830M) Threat Detection (Hunters) (# Cos: 15 | $326M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $129M (▲486%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $326M 8 - 15 3 Hunters (2018, Tel Aviv, $118M) ThetaRay (2013, Hod Hasharon, $90.0M) LightCyber (2011, Ramat Gan, $36.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Torii (2017, Raanana) $50.0M - Series B - Feb 2022 Zesty (2018, Ramat Gan) $35.0M - Series A - Nov 2021 Lightlytics (2020, Ramat Gan) $26.0M - Series A - Mar 2022 env0 (2018, Givatayim) $17.0M - Series A - Jun 2021 Cloud Management Platforms - Israel 16 24 Back to index Cloud Infrastructure (Orca Security) (# Cos: 70 | $2.1B) Cloud Governance Platform (Torii) (# Cos: 23 | $250M) Management (env0) (# Cos: 11 | $163M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $128M (▲537%) 4(▲33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $163M 5 - 11 4 env0 (2018, Givatayim, $23.9M) Torii (2017, Raanana, $65.0M) Zesty (2018, Ramat Gan, $42.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Lab Grown Dairy Substitute Ingredients - Israel 17 25 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $120M (▲962%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $131M 1 - 2 1 Food Tech (Tastewise) (# Cos: 204 | $1.2B) Novel Foods (Aleph Farms) (# Cos: 38 | $956M) Food Ingredients (DouxMatok) (# Cos: 15 | $209M) Dairy Substitute (Amarlane Foods) (# Cos: 2 | $131M) Lab Grown (Remilk) (# Cos: 2 | $131M) Remilk (2019, Tel Aviv, $131M) Amarlane Foods (2014, Jerusalem) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Remilk (2019, Tel Aviv) $120M - Series B - Jan 2022
  • 26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Retail Banking - Israel 18 26 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $120M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $185M 1 - 1 1 Banking Tech (Earnix) (# Cos: 59 | $716M) Internet First Banks (Pepper) (# Cos: 6 | $185M) Digital Native Banks (Crypteex) (# Cos: 3 | $185M) Retail Banking (ONE ZERO) (# Cos: 1 | $185M) ONE ZERO (2019, Tel Aviv-Yafo, $185M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ONE ZERO (2019, Tel Aviv-Yafo) $120M - Series A - Dec 2021
  • 27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Pecan (2016, Tel Aviv) $66.0M - Series C - Feb 2022 $35.0M - Series B - May 2021 Forwrd (2021, Tel Aviv) $3.5M - Seed - Jan 2022 Low Code Predictive Analytics - Israel 19 27 Back to index Business Intelligence (Sisense) (# Cos: 78 | $707M) Predictive Analytics (DMWay) (# Cos: 6 | $122M) No Code (Pecan) (# Cos: 2 | $121M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $105M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $121M 2 - 2 2 Pecan (2016, Tel Aviv, $118M) Forwrd (2021, Tel Aviv, $3.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds ControlUp (2009, Lod) $100M - Series D - Nov 2021 Sosivio (2019, Tel Aviv) $4.0M - Seed - May 2021 IT Infrastructure Monitoring - Israel 20 28 Back to index IT Operations (Zerto) (# Cos: 107 | $1.4B) ITOM (Logz.io) (# Cos: 70 | $897M) Infrastructure Monitoring (ControlUp) (# Cos: 6 | $154M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $104M (▲285%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $154M 5 - 6 2 ControlUp (2009, Lod, $140M) Centerity (2006, Raanana, $10.0M) Sosivio (2019, Tel Aviv, $4.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Parcel Delivery Management - Israel 21 29 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $100M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $185M 2 - 9 1 Logistics Tech (Fabric) (# Cos: 129 | $698M) Parcel (PAKET) (# Cos: 28 | $185M) Technology Enablers (Package) (# Cos: 9 | $185M) Delivery Management (Bringg) (# Cos: 9 | $185M) Bringg (2013, Tel Aviv, $185M) Package (2016, Tel Aviv) SmartRun (undefined, Ramat Aviv) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Bringg (2013, Tel Aviv) $100M - Series E - Jun 2021
  • 30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Totango (2010, Tel Aviv) $100M - Series D - Sep 2021 Customer Journey Management - Israel 22 30 Back to index Customer Success Management (NICE Systems) (# Cos: 37 | $581M) Customer Experience Management (AppsFlyer) (# Cos: 6 | $449M) Customer Journey Management (Totango) (# Cos: 2 | $149M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $100M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $149M 1 - 2 1 Totango (2010, Tel Aviv, $149M) CEMantica (2017, Kfar Saba) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Cyber Range - Israel 23 31 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Cyber Range (SafeBreach) (# Cos: 2 | $178M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $98.5M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $178M 2 - 2 2 SafeBreach (2014, Tel Aviv, $107M) Cymulate (2016, Rishon Lezion, $71.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. SafeBreach (2014, Tel Aviv) $53.5M - Series D - Nov 2021 Cymulate (2016, Rishon Lezion) $45.0M - Series C - May 2021
  • 32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds PlainID (2014, Misgav) $75.0M - Series C - Dec 2021 env0 (2018, Givatayim) $17.0M - Series A - Jun 2021 Access Governance Management - Israel 24 32 Back to index GRC Software (Check Point Software) (# Cos: 74 | $591M) Governance (DocAuthority) (# Cos: 9 | $162M) Access Governance (env0) (# Cos: 5 | $124M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $92.0M (▲535%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $124M 2 - 5 2 env0 (2018, Givatayim, $23.9M) PlainID (2014, Misgav, $100M) Xpandion (2007, Tel Aviv) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Coralogix (2014, Tel Aviv) $55.0M - Series C - Jul 2021 CardinalOps (2020, Tel Aviv) $17.5M - Series A - Mar 2022 CYREBRO (2012, Tel Aviv) $15.0M - Series B - Apr 2021 Security Incident and Event Management (SIEM) - Israel 25 33 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Security Analytics (Hunters) (# Cos: 58 | $830M) SIEM (Coralogix) (# Cos: 5 | $142M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $87.5M (▲178%) 3(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $142M 3 - 5 3 Coralogix (2014, Tel Aviv, $96.2M) CardinalOps (2020, Tel Aviv, $24.0M) CYREBRO (2012, Tel Aviv, $22.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Optimove (2009, Tel Aviv) $75.0M - Series B - Sep 2021 Affogata (2020, Bnei Brak) $4.0M - Seed - Mar 2022 Drill (Tel Aviv) $1.3M - Seed - Dec 2021 Consumer Insights - Israel 26 34 Back to index MarketingTech (Wix) (# Cos: 509 | $2.4B) Marketing Research (Affogata) (# Cos: 27 | $110M) Consumer Insights (Optimove) (# Cos: 12 | $107M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $80.3M (▲1359%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $107M 9 - 12 2 Optimove (2009, Tel Aviv, $95.0M) Affogata (2020, Bnei Brak, $9.5M) Neuro Applied (2016, Hadera, $130K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Cybersecurity Suite - Israel 27 35 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Suite (Check Point Software) (# Cos: 8 | $159M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $80.0M (▲37.9%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $159M 4 1 8 2 Check Point Software (1993, Tel Aviv, $400K) Cynet (2014, Rishon Lezion, $79.0M) CoroNet (2013, Beersheba, $80.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. CoroNet (2013, Beersheba) $80.0M - Series C - Apr 2022
  • 36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Nano Based Batteries - Israel 28 36 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $80.0M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $230M 3 1 4 1 Nanotechnology (Gauzy) (# Cos: 72 | $465M) Nanoenabled Products (ViAqua Therapeutics) (# Cos: 44 | $363M) Energy (3DBattery) (# Cos: 7 | $234M) Storage (UltraCharge) (# Cos: 5 | $230M) Batteries (StoreDot) (# Cos: 4 | $230M) StoreDot (2012, Herzliya, $226M) UltraCharge (2016, Haifa, $700K) 3DBattery (2016, Tel Aviv, $3.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. StoreDot (2012, Herzliya) Undisclosed - Series D - Mar 2022 $80.0M - Series D - Jan 2022 Undisclosed - Series D - Sep 2021
  • 37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Panorays (2014, Tel Aviv) $42.0M - Series B - Sep 2021 Adaptive Shield (2019, Tel Aviv) $30.0M - Series A - Oct 2021 Atmosec (2021, Tel Aviv) $6.0M - Seed - Dec 2021 Cyber Risk Assessment - Israel 29 37 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Security Analytics (Hunters) (# Cos: 58 | $830M) Cyber Risk & Vulnerability Assessment (Vulcan) (# Cos: 27 | $253M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $78.0M (▲271%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $253M 13 - 27 6 Vulcan (2018, Tel Aviv, $35.0M) XM Cyber (2016, Herzliya, $49.0M) Kovrr (2016, Tel Aviv, $5.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Healthcare IT > Horizontal > Collaboration Platforms > Data security - Israel 30 38 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $75.0M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $116M 2 - 2 2 Healthcare IT (Zebra Medical Vision) (# Cos: 382 | $2.1B) Horizontal (Medix software) (# Cos: 6 | $116M) Collaboration Platforms (Lynx) (# Cos: 6 | $116M) Data security (MDClone) (# Cos: 2 | $116M) MDClone (2016, Beersheba, $104M) Lynx (2017, Tel Aviv, $12.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. MDClone (2016, Beersheba) $63.0M - Series C - Mar 2022 Lynx (2017, Tel Aviv) $12.0M - Seed - Dec 2021
  • 39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Explorium (2017, Tel Aviv) $75.0M - Series C - May 2021 Data Science Platforms - Israel 31 39 Back to index AI Infrastructure (Deci) (# Cos: 72 | $1.8B) Machine Intelligence Systems (Explorium) (# Cos: 23 | $689M) Data Science Platforms (Sisense) (# Cos: 7 | $476M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $75.0M (▲142%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $476M 5 - 7 3 Sisense (2004, Ramat Gan, $276M) Explorium (2017, Tel Aviv, $127M) Iguazio (2014, Herzliya, $72.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds WekaIO (2014, Tel Aviv) $73.0M - Series D - Jan 2022 Object Storage - Israel 32 40 Back to index Enterprise Storage (Zerto) (# Cos: 33 | $1.2B) Storage Technology (CTERA) (# Cos: 3 | $240M) Object Storage (WekaIO) (# Cos: 2 | $140M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $73.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $140M 2 - 2 1 WekaIO (2014, Tel Aviv, $140M) NooBaa (2013, Jerusalem) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Mindspace (2013, Tel Aviv) $72.0M - Series C - Nov 2021 Managed CoWorking Spaces - Israel 33 41 Back to index Commercial Real Estate Tech (Splacer) (# Cos: 41 | $169M) CoWorking (Urbanplace) (# Cos: 24 | $159M) Managed (Mindspace) (# Cos: 22 | $159M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $72.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $159M 4 - 22 2 Mindspace (2013, Tel Aviv, $107M) Urbanplace (2014, Tel Aviv, $12.0M) Mixer (2016, Tel Aviv, $40.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Ermetic (2019, Tel Aviv) Undisclosed - Series B - Mar 2022 $70.0M - Series B - Dec 2021 Cloud Access Security Broker (CASB) - Israel 34 42 Back to index Cybersecurity (CyberArk) (# Cos: 601 | $10.5B) Cloud Security (Orca Security) (# Cos: 35 | $1.7B) CASB (Ermetic) (# Cos: 7 | $197M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $70.0M (▲157%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $197M 7 - 7 1 Ermetic (2019, Tel Aviv, $100M) Adallom (2012, Tel Aviv, $49.5M) Odo Security (2018, Tel Aviv, $5.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Silverfort (2016, Tel Aviv) $65.0M - Series C - Apr 2022 Multi Factor Authentication (MFA) - Israel 35 43 Back to index Cybersecurity (Check Point Software) (# Cos: 601 | $10.5B) IAM (CyberArk) (# Cos: 80 | $1.2B) MFA (Silverfort) (# Cos: 9 | $142M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $65.0M (▲44.4%) 1(▼66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $142M 4 - 9 2 Silverfort (2016, Tel Aviv, $107M) Secret Double Octopus (2015, Beersheba, $21.0M) SilverFort (2016, Tel Aviv, $14.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds Video Content Creation - Israel 36 44 Back to index Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $63.0M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $98.5M 9 - 17 2 MarketingTech (Wix) (# Cos: 509 | $2.4B) Content Marketing (PlayBuzz) (# Cos: 75 | $330M) Content Creation (Tailor Brands) (# Cos: 36 | $263M) Video Content (AnyClip) (# Cos: 17 | $98.5M) AnyClip (2008, Jerusalem, $68.0M) Promo (2016, Tel Aviv, $28.0M) PowToon (2011, Netanya, $780K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. AnyClip (2008, Jerusalem) $47.0M - Series C - May 2021 Promo (2016, Tel Aviv) $16.0M - Series B - May 2021
  • 45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Israel Tech - Top Business Models Report Recent Funding Rounds SupPlant (2012, Afula) $27.0M - Series B - Mar 2022 $10.0M - Series A - Jun 2021 N-Drip (2015, Bnei Atarot) $20.0M - Series B - Nov 2021 Autonomous Pivot (2017, Tel Aviv) Undisclosed - Seed - Jun 2021 Autonomous Irrigation - Israel 37 45 Back to index Crop Tech (Prospera) (# Cos: 261 | $930M) Autonomous Farming (Tevel Aerobotics Technologies) (# Cos: 59 | $316M) Irrigation (Netafim) (# Cos: 19 | $266M) Taxonomy $ Invested in last 1 year in Israel Tech Key Stats # Funding Rounds in last 1 year in Israel Tech $57.0M ( -- ) 4( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $266M 9 1 19 2 Netafim (1965, Tel Aviv) SupPlant (2012, Afula, $46.0M) N-Drip (2015, Bnei Atarot, $40.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 46. Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Recent funding rounds Investment Trends Most Active Investors Top Funded Business Models Explore more on Tracxn All Tech Companies Israel Tech Companies Online Travel Companies Companies using AI in Healthcare Companies founded by Stanford GSB Alumni Soonicorn club in Fintech Analyst Picks in Israel Tech Key News in FinTech Events in United States Angel Investors in Israel Bluebox Companies Investment Activity Miscellaneous Company Detail Page of OurCrowd Competitors of Gong Cap Table for TransferWise Financials for Ola Employee Count for Revolut Company Due Diligence Exits Public Companies Acquired Companies Most Active Acquirers Reports Delhivery - Company Report Novel Foods - Business Model Report HRTech - Feed Report FinTech - Top Business Models Report US Tech - Top Business Models Report US Tech - Monthly Report 46
  • 47. Israel Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Explore other Reports on Tracxn HRTech InsurTech Food Tech Novel Foods Blockchain Network P2P Remittance Business Model Reports Consumer Digital - Israel Enterprise Tech - Israel Artificial Intelligence - Israel Feed Geo Reports Company Reports Monthly Unicorn Report Unicorn Reports Transferwise Coursera BigBasket Feed Reports Top Business Models in PA FinTech Enterprise Applications Artificial Intelligence Geo Monthly Reports US Tech Europe Tech China Tech Top Business Models in Geo India Tech Israel Tech UK & Ireland Tech 47
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