In Tel Aviv, many creative startups are changing different industries. This list shares the top 16 unicorns in Tel Aviv, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Tel Aviv a center of innovation. Learn about the amazing companies that call Tel Aviv home.
List of Top 16 Unicorns in Tel Aviv
1. Wiz
An Israeli cloud security company that provides cloud visibility and security solutions for businesses.
Company Details:
- Country: Israel
- Valuation: $6B
- Industry: Cybersecurity
- Founded Year: 2020
- Total Funding Raised: $600M
- Joined Unicorn Club: 3/17/2021
- Key Investors: Insight Partners, Sequoia Capital, Index Ventures
- Total Investors: 10
- Total Funding Deals: 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:
- Country: Israel
- Valuation: $5B
- Industry: Mobile & telecommunications
- Founded Year: 2015
- Total Funding Raised: $990.52M
- Joined Unicorn Club: 1/26/2020
- Key Investors: Insight Partners, Andalusian Capital Partners
- Total Investors: 10
- Total Funding Deals: 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:
- Country: Israel
- Valuation: $2.74B
- Industry: Cybersecurity
- Founded Year: 2014
- Total Funding Raised: $583M
- Joined Unicorn Club: 6/22/2021
- Key Investors: General Atlantic, Insight Partners, Vintage Investment Partners
- Total Investors: 11
- Total Funding Deals: 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:
- Country: Israel
- Valuation: $2.50B
- Industry: Cybersecurity
- Founded Year: 2015
- Total Funding Raised: $512M
- Joined Unicorn Club: 11/17/2020
- Key Investors: Aspect Ventures, SingTel Innov8, Greylock Partners
- Total Investors: 10
- Total Funding Deals: 4
- Website: https://www.catonetworks.com/
5. Pagaya
A fintech company that uses artificial intelligence and machine learning to provide institutional investors with access to alternative credit markets.
Company Details:
- Country: Israel
- Valuation: $2B
- Industry: Fintech
- Founded Year: 2015
- Total Funding Raised: $417.25M
- Joined Unicorn Club: 6/17/2020
- Key Investors: Oak HC/FT Partners, GF Investments, Harvey Golub Family Office
- Total Investors: 15
- Total Funding Deals: 3
- Website: https://www.pagaya.com/
6. Hibob
HR technology platform that provides tools for HR management, benefits administration, and employee engagement
Company Details:
- Country: Israel
- Valuation: $1.65B
- Industry: Internet software & services
- Founded Year: 2015
- Total Funding Raised: $265M
- Joined Unicorn Club: 10/12/2021
- Key Investors: Bessemer Venture Partners, Eight Roads Ventures, Battery Ventures
- Total Investors: 15
- Total Funding Deals: 3
- Website: https://www.hibob.com/
7. Next Silicon
Develops application-specific integrated circuits (ASICs) and systems-on-a-chip (SoCs) for various industries
Company Details:
- Country: Israel
- Valuation: $1.50B
- Industry: Hardware
- Founded Year: 2018
- Total Funding Raised: $226.6M
- Joined Unicorn Club: 6/14/2021
- Key Investors: Amiti Ventures, Playground Global, Aleph
- Total Investors: 9
- Total Funding Deals: 1
- Website: https://nextsilicon.com/
8. Liquidity
Provides a liquidity-as-a-service platform for cryptocurrency trading, allowing users to access multiple exchanges from a single account
Company Details:
- Country: Israel
- Valuation: $1.40 B
- Industry: Fintech
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 2/20/2023
- Key Investors: MUFG Innovation Partners, Spark Capital
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.liquidity.com/
9. Firebolt
Cloud-native data warehouse platform that offers fast performance and scalability for big data analytics
Company Details:
- Country: Israel
- Valuation: $1.40B
- Industry: Data management & analytics
- Founded Year: 2019
- Total Funding Raised: $264M
- Joined Unicorn Club: 1/26/2022
- Key Investors: TLV Partners, Zeev Ventures, Bessemer Venture Partners
- Total Investors: 9
- Total Funding Deals: 1
- Website: https://www.firebolt.io/
10. Optibus
AI-powered platform for mass transit operations and planning, improving efficiency, and reducing costs
Company Details:
- Country: Israel
- Valuation: $1.30 B
- Industry: Supply chain, logistics, & delivery
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 5/16/2022
- Key Investors: Bessemer Venture Partners, Insight Partners, Pitango Venture Capital
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.optibus.com/
11. Perimeter 81
A cloud-based VPN service provider that offers secure and scalable access solutions for businesses of all sizes.
Company Details:
- Country: Israel
- Valuation: $1.00 B
- Industry: Cybersecurity
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 6/6/2022
- Key Investors: Insight Partners, Toba Capital, Spring Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.perimeter81.com/
12. Hailo
Develops AI microprocessors that can be used for a variety of applications, including smart cars, drones, and robots.
Company Details:
- Country: Israel
- Valuation: $1B
- Industry: Artificial intelligence
- Founded Year: 2017
- Total Funding Raised: $217M
- Joined Unicorn Club: 6/23/2021
- Key Investors: Glory Ventures, Maniv Mobility
- Total Investors: 18
- Total Funding Deals: 2
- Website: https://hailo.ai/
13. JoyTunes
Creates music education apps that use gamification to make learning fun and engaging.
Company Details:
- Country: Israel
- Valuation: $1B
- Industry: Edtech
- Founded Year: 2011
- Total Funding Raised: $91.5M
- Joined Unicorn Club: 6/21/2021
- Key Investors: Genesis Partners, Aleph, Insight Partners
- Total Investors: 10
- Total Funding Deals: 3
- Website: https://www.joytunes.com/
14. Simply
Provides a cloud-based insurance platform that streamlines the insurance process for businesses.
Company Details:
- Country: Israel
- Valuation: $1.00 B
- Industry: Edtech
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 6/21/2021
- Key Investors: Genesis Partners, Aleph, Insight Partners
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.simplybusiness.com/
15. Bringg
A delivery and fulfillment orchestration platform that helps businesses optimize their logistics and improve the customer experience.
Company Details:
- Country: Israel
- Valuation: $1B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2013
- Total Funding Raised: $184.5M
- Joined Unicorn Club: 6/16/2021
- Key Investors: Salesforce Ventures, next47, Pereg Ventures
- Total Investors: 14
- Total Funding Deals: 3
- Website: https://www.bringg.com/
16. Vesttoo
Insurance technology company that provides solutions for risk modeling, enabling insurers to better manage their portfolios
Company Details:
- Country: Israel
- Valuation: $1.00 B
- Industry: Fintech
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 10/25/2022
- Key Investors: Mouro Capital, Hanaco Venture Capital, Gramercy Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.vesttoo.com/
Conclusion
In conclusion, the top 16 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Tel Aviv. As these companies reshape industries and set new standards, Tel Aviv is sure to secure its place as a global leader in innovation and growth.