
UpWest
Description
UpWest is a distinctive seed-stage venture capital firm strategically located in Palo Alto, California, with a specialized focus on empowering promising Israeli entrepreneurs to successfully penetrate and scale within the U.S. market. Founded by Shuly Galili and Gil Ben-Artzy, the firm acts as a crucial bridge for Israeli innovation, providing not only capital but also critical market access, strategic guidance, and a robust network tailored for transatlantic expansion. This unique thesis positions UpWest as a key player in fostering the global growth of Israeli technology companies.
The firm's investment strategy centers on early-stage companies, typically at the seed or pre-seed phase, that demonstrate strong potential for U.S. market adoption. UpWest offers more than just financial backing; it provides hands-on support in areas such as product-market fit, go-to-market strategies, business development, and team building within the U.S. context. Their deep understanding of both Israeli entrepreneurial culture and the intricacies of the American business landscape allows them to offer invaluable operational assistance, helping portfolio companies navigate regulatory, cultural, and competitive challenges.
Over its operational history, UpWest has progressively grown its capital base, reflecting its successful model and investor confidence. The firm has raised multiple funds, including its fourth fund, UpWest IV, which closed at $70 million in 2021, bringing its total assets under management to approximately $140 million. This capital has been deployed across a diverse portfolio, with the firm having made over 100 investments in innovative Israeli startups across various sectors, including enterprise software, cybersecurity, AI, and fintech. Their typical first check size ranges from $500,000 to $1,500,000, positioning them as a significant early-stage investor capable of leading or co-leading rounds.
This approach has enabled UpWest to build a strong portfolio of companies that have gone on to achieve significant milestones, including successful follow-on funding rounds from top-tier VCs and strategic acquisitions. By providing a clear pathway and dedicated support for Israeli startups aiming for global reach, UpWest continues to solidify its reputation as a vital partner for cross-border technological innovation.
Investor Profile
UpWest has backed more than 119 startups, with 2 new investments in the last 12 months alone. The firm has led 6 rounds, about 5% of its total and boasts 28 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, Canada.
- Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
- Led 2 rounds in the past year.
- Typical check size: $500K – $1.5M.
Stage Focus
- Seed (66%)
- Series A (16%)
- Series B (5%)
- Pre Seed (4%)
- Series Unknown (4%)
- Angel (2%)
- Series C (1%)
- Non Equity Assistance (1%)
- Convertible Note (1%)
- Series E (1%)
Country Focus
- United States (83%)
- Israel (15%)
- Canada (1%)
- Brazil (1%)
Industry Focus
- Software
- Saas
- Artificial Intelligence (Ai)
- Mobile
- Information Technology
- Cyber Security
- Machine Learning
- Enterprise Software
- E-commerce
- Network Security
Frequently Asked Questions
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