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Elron Ventures

Asia, Tel Aviv, Israel, Tel Aviv

Description

Elron Ventures is a prominent Israeli venture capital firm with a deep-rooted history, stemming from Elron Electronic Industries, a pioneer in Israel's high-tech industry since 1962. Based in Tel Aviv, Elron Ventures focuses on identifying and nurturing early-stage technology companies with the potential for global impact. The firm prides itself on its hands-on approach, leveraging its extensive network and operational expertise to help portfolio companies scale from promising ideas into market leaders.

The firm's investment thesis centers on disruptive deep tech innovations, primarily targeting the Seed and Series A stages. Elron Ventures has a strong preference for sectors such as enterprise software, cybersecurity, artificial intelligence, and digital health. They seek companies that possess proprietary technology, a clear market need, and a strong founding team capable of executing a global vision. Their commitment extends beyond capital, offering strategic guidance, business development support, and access to key industry connections.

Elron Ventures typically makes initial investments ranging from $2 million to $7 million, often taking a lead or co-lead position in funding rounds. This initial capital is complemented by a readiness to provide significant follow-on funding as companies achieve milestones and require further growth capital. Over its history, Elron Ventures has invested in more than 30 companies, demonstrating a consistent track record in the Israeli tech ecosystem. Their long-term perspective and patient capital approach are hallmarks of their investment strategy, aiming to build enduring businesses rather than seeking quick exits.

The firm boasts an impressive track record of successful exits, with over 20 portfolio companies achieving liquidity events through IPOs or strategic acquisitions. These successes underscore Elron Ventures' ability to identify high-potential ventures and guide them towards significant value creation. Their enduring presence and deep operational involvement in the Israeli tech scene position them as a key partner for ambitious entrepreneurs looking to transform their innovative concepts into global industry leaders.

Investor Profile

Elron Ventures has backed more than 33 startups, with 2 new investments in the last 12 months alone. The firm has led 9 rounds, about 27% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Israel, United States, United Kingdom.
  • Strong thematic focus on Information Technology, Cyber Security, Medical Device.
  • Typical check size: $2M – $7M.

Stage Focus

  • Seed (30%)
  • Series Unknown (21%)
  • Series A (18%)
  • Series B (15%)
  • Series C (9%)
  • Series F (3%)
  • Series D (3%)

Country Focus

  • Israel (64%)
  • United States (33%)
  • United Kingdom (3%)

Industry Focus

  • Information Technology
  • Cyber Security
  • Medical Device
  • Health Care
  • Security
  • Network Security
  • Manufacturing
  • Software
  • Internet
  • Saas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Elron Ventures frequently co-invest with?

Needham Capital Partners
North America, New York, United States, New York
Co-Investments: 3
Access Medical Ventures
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 4
Accelmed
North America, Florida, United States, Aventura
Co-Investments: 4
OurCrowd
Asia, Yerushalayim, Israel, Jerusalem
Co-Investments: 4
Wasserstein & Co.
North America, New York, United States, New York
Co-Investments: 3
Pitango VC
Asia, Tel Aviv, Israel, Herzliya
Co-Investments: 4
Newlight Management
North America, New York, United States, New York
Co-Investments: 3
Bright Pixel (formerly Sonae IM)
Europe, Porto, Portugal, Maia
Co-Investments: 3
Parker Price Venture Capital
North America, California, United States, San Francisco
Co-Investments: 3
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 4

Which angels does Elron Ventures often collaborate with?

Ariel Maislos
Asia, Israel
Shared Deals: 1
Shlomi Boutnaru
Asia, HaDarom, Israel, Be'er Sheva
Shared Deals: 1
JB
Europe, Ile-de-France, France, Paris
Shared Deals: 1
Yair Weinberger
Asia, Tel Aviv, Israel
Shared Deals: 1
PK
Europe, Ile-de-France, France, Paris
Shared Deals: 1
AY
North America, California, United States, Los Altos
Shared Deals: 1
JS
North America, California, United States, San Francisco
Shared Deals: 1
YC
North America, New York, United States, New York
Shared Deals: 1
NS
North America, New York, United States, New York
Shared Deals: 1
Ran Ribenzaft
Asia, Israel
Shared Deals: 1

What are some of recent deals done by Elron Ventures?

NitiNotes

Caesarea, Hefa, Israel

Nitinotes develops the EndoZip™ - a revolutionary automated suturing device for obesity treatment.

Medical Device
Series CDec 23, 2024
Amount Raised: $9,300,000
Tamnoon

Sammamish, Washington, United States

Tamnoon offers a managed cloud security remediation platform focused on enhancing cloud security and effectively managing threats.

Artificial Intelligence (AI)Cloud SecurityComputerCyber SecurityNetwork Security
Series ASep 25, 2024
Amount Raised: $12,000,000
Creednz

Miami, Florida, United States

Creednz is a company that provides financial data management system that involves internal financial data sets.

AccountingCyber SecurityFinanceFinTech
SeedSep 27, 2023
Amount Raised: $7,000,000
Tamnoon

Sammamish, Washington, United States

Managed Cloud Detection and Response platform that helps turn CNAPP and CSPM alerts into action and fortify cloud security posture.

Artificial Intelligence (AI)ComputerInformation Technology
SeedSep 12, 2023
Amount Raised: $5,100,000
Entitle

New York, New York, United States

Automated least privilege access for critical cloud applications.

Cloud InfrastructureCloud ManagementCloud SecurityCyber SecurityIdentity ManagementInformation TechnologyIT InfrastructureSaaSSoftware
SeedFeb 22, 2023
Amount Raised: $15,000,000
CyVers

Tel Aviv, Tel Aviv, Israel

CyVers is a web 3.0, AI-based security company that innovates in the crypto security area, contributing to massive crypto adoption.

CryptocurrencyInformation TechnologyNetwork Security
SeedDec 1, 2022
Amount Raised: $8,000,000
Wonder Robotics

Wilmington, Delaware, United States

Wonder Robotics provides robust AI layers for autonomous and safe flights for both commercial and military drones.

Drone ManagementDronesRoboticsSoftware
SeedJul 12, 2022
Amount Raised: $4,000,000
Red Access

Tel Aviv, Tel Aviv, Israel

Red Access secures the hybrid workplace with the first agentless browsing security platform.

Cyber SecurityInformation TechnologySaaS
SeedMay 24, 2022
Amount Raised: $6,000,000
Cybersixgill

Tel Aviv, Tel Aviv, Israel

Cybersecurity, Cyber Threat Intelligence, Deep & Dark Web Monitoring, SaaS

Artificial Intelligence (AI)Business IntelligenceComplianceCyber SecurityFraud DetectionMachine LearningRisk ManagementSaaSSecurity
Series BMar 10, 2022
Amount Raised: $35,000,000
Canonic Security

Tel Aviv, Tel Aviv, Israel

Canonic Security is a cybersecurity startup protecting SaaS business applications.

Cyber SecurityNetwork SecuritySaaS
SeedFeb 9, 2022
Amount Raised: $6,000,000