Israel, a nation with a rich history of innovation and entrepreneurship, has witnessed an incredible surge in the number of unicorns – privately held start-up companies valued at over $1 billion – in recent years. With the rapid growth of the Israel economy and the rise of disruptive technologies, these 26 unicorn companies have become the driving force behind the nation’s rise as a global powerhouse.
So without any delay, let’s get started and discover the world of Israel’s unicorn companies!
List of 26 Unicorns in Israel
1. Wiz
An Israeli cloud security company that provides cloud visibility and security solutions for businesses.
Company Details:
- Valuation: $6B
- Investors Name: Insight Partners, Sequoia Capital, Index Ventures
- City: Tel Aviv
- Industry: Cybersecurity
- Total Funding Raised: $600M
- Founded Year: 2020
- Joined Unicorn Club: 3/17/2021
- Total Investors:
- Total Deal Terms: 4
- Website: https://www.wiz.io/
2. Moon Active
An Israeli mobile game development company that provides mobile games and entertainment solutions for gamers and customers.
Company Details:
- Valuation: $5B
- Investors Name: Insight Partners, Andalusian Capital Partners
- City: Tel Aviv
- Industry: Mobile & telecommunications
- Total Funding Raised: $990.52M
- Founded Year: 2015
- Joined Unicorn Club: 1/26/2020
- Total Investors:
- Total Deal Terms: 6
- Website: https://www.moonactive.com/
3. Transmit Security
A cybersecurity company that provides passwordless authentication and identity management solutions to help organizations protect against fraud and cyber attacks.
Company Details:
- Valuation: $2.74B
- Investors Name: General Atlantic, Insight Partners, Vintage Investment Partners
- City: Tel Aviv
- Industry: Cybersecurity
- Total Funding Raised: $583M
- Founded Year: 2014
- Joined Unicorn Club: 6/22/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.transmitsecurity.com/
4. Cato Networks
A cloud-based secure access service edge (SASE) platform that provides a converged network and security solution to protect businesses from cyber threats.
Company Details:
- Valuation: $2.50B
- Investors Name: Aspect Ventures, SingTel Innov8, Greylock Partners
- City: Tel Aviv
- Industry: Cybersecurity
- Total Funding Raised: $512M
- Founded Year: 2015
- Joined Unicorn Club: 11/17/2020
- Total Investors:
- Total Deal Terms: 4
- Website: https://www.catonetworks.com/
5. StarkWare
A provider of zero-knowledge proof (ZKP) cryptographic solutions that enable efficient, secure, and scalable computation over blockchain networks.
Company Details:
- Valuation: $2B
- Investors Name: Sequoia Capital, Paradigm, Pantera Capital
- City: Netanya
- Industry: Cybersecurity
- Total Funding Raised: $167.7M
- Founded Year: 2018
- Joined Unicorn Club: 11/17/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://starkware.co/
6. Earnix
A provider of advanced analytics solutions for pricing optimization and personalization in the financial services industry.
Company Details:
- Valuation: $2B
- Investors Name: Jerusalem Venture Partners, Israel Growth Partners, Insight Partners
- City: Giv’atayim
- Industry: Fintech
- Total Funding Raised: $98.5M
- Founded Year: 2001
- Joined Unicorn Club: 2/21/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://earnix.com/
7. Pagaya
A fintech company that uses artificial intelligence and machine learning to provide institutional investors with access to alternative credit markets.
Company Details:
- Valuation: $2B
- Investors Name: Oak HC/FT Partners, GF Investments, Harvey Golub Family Office
- City: Tel Aviv
- Industry: Fintech
- Total Funding Raised: $417.25M
- Founded Year: 2015
- Joined Unicorn Club: 6/17/2020
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.pagaya.com/
8. Lightricks
AI-powered creative tools and visual effects software that enable users to create and edit images, videos, and more
Company Details:
- Valuation: $1.80B
- Investors Name: Viola Ventures, Insight Partners, ClalTech, Goldman Sachs
- City: Jerusalem
- Industry: Artificial intelligence
- Total Funding Raised: $335M
- Founded Year: 2013
- Joined Unicorn Club: 7/31/2019
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.lightricks.com/
9. Hibob
HR technology platform that provides tools for HR management, benefits administration, and employee engagement
Company Details:
- Valuation: $1.65B
- Investors Name: Bessemer Venture Partners, Eight Roads Ventures, Battery Ventures
- City: Tel Aviv
- Industry: Internet software & services
- Total Funding Raised: $265M
- Founded Year: 2015
- Joined Unicorn Club: 10/12/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.hibob.com/
10. StoreDot
Nanotechnology company that develops fast-charging batteries and other energy-storage solutions
Company Details:
- Valuation: $1.50B
- Investors Name: Samsung Ventures, SingulariTeam, BP Ventures
- City: Herzliya
- Industry: Other
- Total Funding Raised: $206M
- Founded Year: 2012
- Joined Unicorn Club: 1/4/2022
- Total Investors:
- Total Deal Terms: 4
- Website: https://www.store-dot.com/
11. Next Silicon
Develops application-specific integrated circuits (ASICs) and systems-on-a-chip (SoCs) for various industries
Company Details:
- Valuation: $1.50B
- Investors Name: Amiti Ventures, Playground Global, Aleph
- City: Tel Aviv
- Industry: Hardware
- Total Funding Raised: $226.6M
- Founded Year: 2018
- Joined Unicorn Club: 6/14/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://nextsilicon.com/
12. Liquidity
Provides a liquidity-as-a-service platform for cryptocurrency trading, allowing users to access multiple exchanges from a single account
Company Details:
- Valuation: $1.40 B
- Investors Name: MUFG Innovation Partners, Spark Capital
- City: Tel Aviv
- Industry: Fintech
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 2/20/2023
- Total Investors:
- Total Deal Terms: –
- Website: https://www.liquidity.com/
13. Firebolt
Cloud-native data warehouse platform that offers fast performance and scalability for big data analytics
Company Details:
- Valuation: $1.40B
- Investors Name: TLV Partners, Zeev Ventures, Bessemer Venture Partners
- City: Tel Aviv
- Industry: Data management & analytics
- Total Funding Raised: $264M
- Founded Year: 2019
- Joined Unicorn Club: 1/26/2022
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.firebolt.io/
14. Optibus
AI-powered platform for mass transit operations and planning, improving efficiency, and reducing costs
Company Details:
- Valuation: $1.30 B
- Investors Name: Bessemer Venture Partners, Insight Partners, Pitango Venture Capital
- City: Tel Aviv
- Industry: Supply chain, logistics, & delivery
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 5/16/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://www.optibus.com/
15. InSightec
Develops medical technology using ultrasound to perform surgery without incisions, reducing pain and recovery time
Company Details:
- Valuation: $1.30B
- Investors Name: York Capital Management, GE Healthcare, Koch Disruptive Technologies
- City: Tirat Carmel
- Industry: Health
- Total Funding Raised: $559.05M
- Founded Year: 1999
- Joined Unicorn Club: 3/6/2020
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.insightec.com/
16. OrCam Technologies
Develops wearable artificial vision devices for the visually impaired, providing text-to-speech, object recognition, and more
Company Details:
- Valuation: $1.03B
- Investors Name: Intel Capital, Aviv Venture Capital
- City: Jerusalem
- Industry: Artificial intelligence
- Total Funding Raised: $77.4M
- Founded Year: 2010
- Joined Unicorn Club: 2/20/2018
- Total Investors:
- Total Deal Terms: 2
- Website: https://www.orcam.com/
17. Vesttoo
Insurance technology company that provides solutions for risk modeling, enabling insurers to better manage their portfolios
Company Details:
- Valuation: $1.00 B
- Investors Name: Mouro Capital, Hanaco Venture Capital, Gramercy Ventures
- City: Tel Aviv-Yafo
- Industry: Fintech
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 10/25/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://www.vesttoo.com/
18. Perimeter 81
A cloud-based VPN service provider that offers secure and scalable access solutions for businesses of all sizes.
Company Details:
- Valuation: $1.00 B
- Investors Name: Insight Partners, Toba Capital, Spring Ventures
- City: Tel Aviv
- Industry: Cybersecurity
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 6/6/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://www.perimeter81.com/
19. Vayyar
Develops 4D imaging technology for a variety of industries, including automotive, construction, and healthcare.
Company Details:
- Valuation: $1.00 B
- Investors Name: Battery Ventures, Bessemer Venture Partners, MoreVC
- City: Yehud
- Industry: Hardware
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 6/6/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://vayyar.com/
20. Pentera
Offers automated security validation solutions that help organizations manage and reduce cybersecurity risks.
Company Details:
- Valuation: $1B
- Investors Name: AWZ Ventures, Blackstone, Insight Partners
- City: Petah Tikva
- Industry: Cybersecurity
- Total Funding Raised: $185M
- Founded Year: 2015
- Joined Unicorn Club: 1/11/2022
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.pentera.io/
21. Hailo
Develops AI microprocessors that can be used for a variety of applications, including smart cars, drones, and robots.
Company Details:
- Valuation: $1B
- Investors Name: Glory Ventures, Maniv Mobility
- City: Tel Aviv
- Industry: Artificial intelligence
- Total Funding Raised: $217M
- Founded Year: 2017
- Joined Unicorn Club: 6/23/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://hailo.ai/
22. JoyTunes
Creates music education apps that use gamification to make learning fun and engaging.
Company Details:
- Valuation: $1B
- Investors Name: Genesis Partners, Aleph, Insight Partners
- City: Tel Aviv
- Industry: Edtech
- Total Funding Raised: $91.5M
- Founded Year: 2011
- Joined Unicorn Club: 6/21/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.joytunes.com/
23. Simply
Provides a cloud-based insurance platform that streamlines the insurance process for businesses.
Company Details:
- Valuation: $1.00 B
- Investors Name: Genesis Partners, Aleph, Insight Partners
- City: Tel Aviv
- Industry: Edtech
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 6/21/2021
- Total Investors:
- Total Deal Terms: –
- Website: https://www.simplybusiness.com/
24. Bringg
A delivery and fulfillment orchestration platform that helps businesses optimize their logistics and improve the customer experience.
Company Details:
- Valuation: $1B
- Investors Name: Salesforce Ventures, next47, Pereg Ventures
- City: Tel Aviv
- Industry: Supply chain, logistics, & delivery
- Total Funding Raised: $184.5M
- Founded Year: 2013
- Joined Unicorn Club: 6/16/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.bringg.com/
25. Aqua Security
Provides cloud-native security solutions for containerized applications and infrastructure.
Company Details:
- Valuation: $1B
- Investors Name: TLV Partners, Lightspeed Venture Partners, M12
- City: Ramat Gan
- Industry: Cybersecurity
- Total Funding Raised: $265M
- Founded Year: 2015
- Joined Unicorn Club: 3/10/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.aquasec.com/
26. DriveNets
Develops software-based routers that can be used by service providers to reduce network complexity and costs.
Company Details:
- Valuation: $1B
- Investors Name: Bessemer Venture Partners, Pitango Venture Capital, D1 Capital Partners
- City: Ra’anana
- Industry: Internet software & services
- Total Funding Raised: $325M
- Founded Year: 2015
- Joined Unicorn Club: 1/27/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.drivenets.com/
Conclusion
In conclusion, Israel’s top 26 unicorns showcase the nation’s innovative power and economic growth. These companies are making a global impact and reshaping industries. Keep an eye on these trailblazers, as they continue to redefine success in the ever-evolving world of innovation.