Arel Margalit (photo by Shahar Azran)
The JVP fund, ranked among the ten best funds in the world according to Preqin, is expanding its operations in New York, adding new partners and senior members of the investment team. Alongside new investments in the fields of fintech, blockchain, cyber, climatetech, foodtech and digital medicine, the fund has been focusing for the past year and a half on investments in the field of growth, and on deepening support for the portfolio companies and building them to the status of international category leaders. Meanwhile, in 2021-22 the fund led investments of 1.5 billion dollars in its portfolio companies together with international players.
As part of the fund’s investment strategy, JVP is expanding its international activities, strengthening its management avenue and adding new partners in Israel and New York. The new partners join the fund’s partners who lead investments in significant Israeli and international hi-tech companies while working closely with the companies in order to lead them to growth and a dramatic increase in business activity. The new partners come with a strong international operative background, and with experience in building management and leading growth processes of hundreds of millions of dollars in sales. Against the background of the changes in the market and the emerging challenges, the contribution of the new partners, together with the existing partners, enables broad support for companies in Israel and New York. Following the increase in the ranks, the number of partners and managers in the fund will be over 60%.
JVP, which has been known for years for its centers of excellence, which create new companies in the fields of cyber in Be’er Sheva, foodtech in the Galilee, AI in Jerusalem, fintech in Tel Aviv, digital health in Haifa and cyber in New York – has focused in recent years on investments in companies with 30, 50, 70, and even 100 million dollars in sales and leads them to become large and international companies, as it did with: CyberArk, QLIK, Cogent, and many other companies.
In the last year and a half, JVP’s portfolio companies including: Earnix, ControlUp, Nanit, Coro, Pyramid and many others, significantly expanded their business activities in Israel and around the world.
Arel Margalit, founder and chairman of JVP: “Precisely in this period, we must give companies the right support that will allow them to reach scale, to sales of 100,200,300 million dollars, because only such companies, which can meet the challenges of the current market, will reach a leading position in the international market. Together with the existing partners, the new partners bring capabilities that will allow them to support companies in Israel, in North America, and in their entry into European and Asian markets.”
Marge Bria – joins the fund’s activities in New York as a partner, and brings with her over 20 years of experience as CMO, COO in global companies including: SAP, HP, Business Objects Informatica and others. Today she serves, among other things, as CMO of the company LeadSpace in which JVP is a major partner. Marge brings this wealth of experience to position JVP’s leading companies as market leaders at the international level.
“JVP is building an international network of startups and entrepreneurs with strategic partners in Israel, the USA and Europe,” says Marge Bria, “our investment philosophy focuses on technologies that create impact – in the fields of cyber, fintech, digital health, climatetech and more. I am excited to build together with JVP the companies that will shape the future at the international level.”
Sarah Thomas – appointed partner for the fund’s activities in Europe and New York. Sara, the founder and owner of Aspen Group, is considered an international expert in building management and global teams in international companies. Among other things, she led strategic processes in leading technology companies in the world including: Salesforce, Oracle, IFS, Finastra and in recent years worked with JVP in building the management at Qlik which reached a value of 2.5 billion dollars, CyberArk with a market value of 5 billion dollars, and other companies.
Ilan Ron – was appointed a partner in the field of foodtech and agtech at the fund. Ilan is an international expert in the world of food, in recent years he served as the CEO of the Kayco Kosher company that dominates the kosher food market in North America. He serves as a board member on behalf of the foundation in the companies: InnovoPro, Kinoko, and Next Probiotics.
Ricky Moses – was appointed as Chief People Officer at the Foundation. In her last position, she served as Amdocs’ global recruiting manager, and was responsible for a team of about 140 recruiters in 12 countries. She also held key positions at Teva and Ormat and brings over 25 years of experience to the fund.
Along with the appointment of the partnership and the new partners, JVP strengthens the investment and business development team of the fund Alexander Dahan – who started his career as an analyst at the fund, was promoted and appointed investment manager. Alexander brings with him rich experience in the field of foodtech and agtech, in international foundations in Paris, London and Sao Paulo.
More in-
Oren Shor – joins the fund’s investment team. In his last position he served as VP Strategy and Innovation at Gloat, and before that he led R&D in the company. Gloat developed an innovative AI-based platform for the development and retention of employees, raised about 100 million dollars, and has offices in Israel, New York and England.
Keren Kay – joins the activities of the fund in the center in New York as the director of business development and community building. Keren brings over 20 years of experience in the field of advertising. Served as the creative director of McCann and Publicis, as a co-founder of Supersona, and the founder of Innovesta – a digital platform for investors and entrepreneurs.
Also, the activity of Margalit Startup City and its centers of excellence in Israel and the world is expanding. For this purpose, the team establishing the centers of excellence adds to its ranks Oded Fainaro, former CEO of Bentley Capital who will serve as CEO of Margalit Startup City alongside Sagi Kedem who will serve as COO and operational manager of the company. It should be emphasized that in the last two years the innovation centers have grown – the media and AI center in Jerusalem, the foodtech center in the Galilee, the digital health center in Haifa, the fintech center in Tel Aviv, and also the international cyber center in New York which has grown from 8 companies to 35 mostly Israeli companies with sales and expansion in the American market. This activity will continue in Israel and in New York in a significant way in the near future.
Also, Nissan Zaevi, who was promoted and appointed VP at Margalit Startup City Galil, and a member of the impact investment team at the foodtech fund, Gali Timor, who led business development and management of partnerships in a variety of technology companies including Elbit, was appointed director of Margalit Startup City’s innovation center in Haifa, which focuses on digital health .
Comments to the article(0):
Your response has been received and will be published subject to system policy.
Thanks.
for a new comment
Your response was not sent due to a communication problem, please try again.
Return to comment