ClalTech

ClalTech is the corporate venture capital arm of Clal Insurance, a prominent Israeli financial group headquartered in Tel Aviv. The firm strategically invests in technology companies that not only offer strong financial returns but also hold the potential to create significant value for Clal Insurance's core businesses. Their investment focus is broad, encompassing sectors such as fintech, insurtech, enterprise software, cybersecurity, AI/ML, e-commerce, and digital health, reflecting a diverse interest in innovation that can impact the financial and insurance industries.

ClalTech primarily targets growth-stage companies that have demonstrated a proven product-market fit and achieved substantial market traction. While they participate in various funding rounds, from late-seed to Series B, their initial investment checks typically range from $1 million to $10 million, as explicitly stated on their official website. This approach allows ClalTech to support companies that have moved beyond the very early stages of development but still possess considerable potential for scaling and market expansion.

Since its inception, ClalTech has established a robust portfolio with over 30 investments, showcasing a consistent and active presence within the Israeli tech ecosystem and internationally. Their portfolio includes a mix of high-growth startups and more established technology firms. Notable exits from their portfolio include CyberX, which was acquired by Microsoft, and Lightico, which was acquired by Silver Lake, underscoring their ability to identify and back successful ventures. The strategic alignment with Clal Insurance provides portfolio companies with unique advantages, including potential access to a large corporate client base and invaluable industry expertise, offering more than just capital.