PICO Venture Partners
Description
PICO Venture Partners is a Jerusalem-based venture capital firm primarily focused on early-stage investments within the Israeli technology ecosystem. Established with a mission to identify and nurture promising startups, PICO specializes in Seed and Series A funding rounds. Unlike the broader scope suggested in some descriptions, their core investment thesis centers on innovative technology companies, particularly those operating in software, cybersecurity, artificial intelligence, and enterprise solutions. The firm aims to leverage Jerusalem's unique entrepreneurial spirit and talent pool to build globally competitive ventures.
PICO Venture Partners adopts a hands-on approach, working closely with its portfolio companies to provide strategic guidance, operational support, and access to a robust network. Their investment strategy is geared towards companies demonstrating strong technological innovation and significant market potential. Typically, PICO's initial investment checks range from $500,000 to $3,000,000, providing crucial early capital for startups to scale their operations and accelerate product development. This focused investment size allows them to be a significant early partner for their chosen ventures.
The firm manages over $100 million in assets across two distinct funds, PICO Fund I and PICO Fund II. PICO Fund I, launched with $30 million, laid the groundwork for their investment activities, while the subsequent PICO Fund II, at $70 million, expanded their capacity to support a growing portfolio of promising tech companies. This capital base enables PICO to not only provide initial funding but also to participate in follow-on rounds, demonstrating long-term commitment to their portfolio. Their presence in Jerusalem underscores a commitment to fostering the local tech scene and helping Israeli startups achieve international success.
Investor Profile
PICO Venture Partners has backed more than 40 startups, with 4 new investments in the last 12 months alone. The firm has led 9 rounds, about 23% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Israel, Germany.
- Strong thematic focus on Software, Information Technology, Cyber Security.
- Led 1 rounds in the past year.
- Typical check size: $500K – $3M.
Stage Focus
- Seed (25%)
- Series A (25%)
- Series B (15%)
- Series C (10%)
- Series Unknown (8%)
- Pre Seed (5%)
- Series E (5%)
- Series G (3%)
- Series H (3%)
- Series D (3%)
Country Focus
- United States (57%)
- Israel (33%)
- Germany (8%)
Industry Focus
- Software
- Information Technology
- Cyber Security
- Automotive
- E-commerce
- Health Care
- Marketing
- Network Security
- Big Data
- Artificial Intelligence (Ai)
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.
