Every year on Israel’s Independence Day Calcalist releases a ranking of the country’s top 50 most promising startups. To assemble this list, Calcalist approached many of the country’s most prominent investors, advisors, and entrepreneurs. We asked them which are the fastest-growing companies and which are the most profitable. We asked which companies enjoyed the biggest momentum in the past year, and which had the highest chance of making a meaningful business step in the coming year. The final list was assembled based on an analysis of this survey and on the insights of Calcalist’s tech writers and editors, who have a deep knowledge of the inner workings of Israel’s tech ecosystem.
See Calcalist’s top 50 startups project here.
Below is the complete list.
#1 Riskified Ltd.
Product: anti-fraud tools for online retailers
Year founded: 2012
Founders: Eido Gal, Assaf Feldman
Employees: 330
Funding: $64 million (currently in the midst of raising an additional round)
Investors: Pitango Venture Capital, Capital One Growth Ventures, Genesis Partners, Qumra Capital, Phoenix Holdings, Arno Group
#2 AppsFlyer Ltd.
Product: app user monetization monitoring tool
Year founded: 2011
Founders: Oren Kaniel, Reshef Mann
Employees: 626
Funding: $83.1 million
Investors: Goldman Sachs
#3 Sisense Ltd.
Product: business intelligence software for analyzing enterprise data
Year founded: 2004
Founders: Guy Boyangu, Aviad Harell, Adi Azaria, Eldad Farkash
Employees: 600
Funding: $200 million
Investors: Insight Venture Partners, Opus Capital, Battery Ventures, Bessemer Venture Partners
#4 Three fintech companies came in fourth:
BlueVine Capital Inc.
Product: financing for small and medium-sized businesses
Year founded: 2013
Funding: $140 million
Founders: Eyal Lifshitz, Moti Shatner, and Nir Klar
Number of employees: 270
Investors: 83North, Lightspeed Venture Partners, SVB Capital, Kima Ventures, Rakuten, Menlo Ventures, Citi Ventures, Correlation Ventures
Fundbox Inc.
Product: revolving line of credit for small businesses
Year founded: 2013
Funding: $140 million
Founders: Eyal Shinar, Tomer Michaeli, Yuval Ariav
Number of employees: 220
Investors: Blumberg Capital, Shlomo Kramer, Khosla Ventures, Tom Glocer, Alon Lifshitz
Behalf Ltd.
Product: instant off-bank commercial credit of up to $50,000
Year founded: 2012
Funding: $65 million
Founders: Benjy Feinberg, Jeremy Esekow, Shai Feinberg
Number of employees: 95
Investors: Maverick Ventures, Spark Capital, Viola Group, Sequoia Capital
#5 Cloudinary Ltd.
Product: cloud-based image processing optimization tool
Year founded: 2012
Funding: $0
Founders: Itai Lahan, Nadav Soferman, Tal Lev-Ami
Number of employees: 185
#6 MinuteMedia Ltd.
Product: user-generated sports news outlets
Year founded: 2011
Funding: $100 million
Founders: Asaf Peled, Gili Beiman, Yuval Larom
Number of employees: 210
Investors: Qumra Capital, Goldman Sachs, Battery Ventures
#7 Drivenets Ltd.
Product: network management tools for communications service providers (CSPs)
Year founded: 2016
Funding: $110 million
Founders: Ido Susan, Hillel Kobrinsky
Number of employees: 150
Investors: Bessemer Venture Partners, Pitango Growth
#8 MyHeritage Ltd.
Product: online genealogy and genetic testing service
Year founded: 2003
Funding: $49 million
Founders: Gilad Japhet
Number of employees: 500
Investors: Accel, Gigi Levy-Weiss, Bessemer Venture Partners, Index Ventures, Yuval Rakavy
#9 GlassesUSA LLC
Product: online shop for affordable optical eyewear
Year founded: 2009
Funding: $40 million
Founders: Daniel Rothman, Eldad Rothman, Roy Yamner
Number of employees: 200
Investors: Viola Group
#10 Innoviz Technologies Ltd.
Product: low-cost LiDAR systems for autonomous vehicles
Year founded: 2016
Funding: $214 million
Founders: Amit Steinberg, Omer David Keilaf, Oren Buskila, Oren Rosenzweig, Zohar ZIsapel
Number of employees: 240
Investors: Samsung Catalyst, HiRain Technologies, Vertex Ventures Israel, Magma Venture Partners, Aptiv
#11 Lightricks Ltd.
Product: image and video editing mobile apps
Year founded: 2013
Funding: $70 million
Founders: Zeev Farbman, Amit Goldstein, Itai Tsiddon, Nir Pochter, Yaron Inger
Number of employees: 200
Investors: Insight Venture Management, Viola Ventures, ClalTech
#12 Monday.com Labs Ltd. (formerly DaPulse Labs)
Product: team management software for organizations and businesses
Year founded: 2012
Funding: $84 million
Founders: Roy Man and Eran Zinman
Number of employees: 230
Investors: Stripes Group, Genesis Partners, Insight Venture Partners, Entry Capital
#13 Via Transportation Inc.
Product: ride-sharing app
Year founded: 2012
Funding: $387 million
Founders: Daniel Ramot and Oren Shoval
Number of employees: 400
Investors: Daimler, 83North, Hearst Ventures, Roman Abramovich, Pitango Venture Capital, Poalim Capital Markets
#14 Redis Labs Inc.
Product: database software management
Year founded: 2011
Funding: $138 million
Founders: Yiftach Shoolman and Ofer Bengal
Number of employees: 300
Investors: Dell Technologies, Francisco Partners, Goldman Sachs, Viola Ventures, Bain Capital
#15 Yotpo Ltd.
Product: online marketing platform for brands and companies
Year founded: 2011
Funding: $101 million
Founders: Tomer Tagrin, Omri Cohen
Number of employees: 400
Investors: Bessemer Venture Partners, ClalTech, Marker, Vintage Investment Partners, Vertex Ventures, Blumberg Capital, 2B Angels, Hanaco Venture Capital
#16 SimilarWeb Ltd.
Product: website traffic and user engagement analytics
Year founded: 2009
Funding: $112 million
Founders: Or Offer
Number of employees: 420
Investors: Viola Growth, Saban Ventures, Gigi Levy-Weiss, Moshe Lichtman, Naspers, Yossi Vardi
#17 Optimove (Mobius Solutions Ltd.)
Product: data and analytics-based services for optimizing customer marketing plans
Year founded: 2009
Funding: $20 million
Founders: Pini Yakuel
Number of employees: 230
Investors: Israel Growth Partners (IGP)
#18 Gong I.O Ltd.
Product: speech analysis tools providing real-time insights to accelerate over-the-phone sales
Year founded: 2015
Funding: $68 million
Founders: Amit Bendov and Eilon Reshef
Number of employees: 150
Investors: Battery Ventures, Norwest Venture Partners, Shlomo Kramer, Wing Venture Capital, NextWorld Capital, Cisco Systems
#19 EKO (Interlude US Inc.)
Product: interactive video creation tool
Year founded: 2016
Funding: $68 million
Founders: Barak Feldman, Tal Zubalsky, Yoni Bloch
Number of employees: 70
Investors: Sequoia Capital, Eric Schmidt, Intel, Samsung, Sony, MGM
#20 Guesty Inc.
Product: short term rental listings management service
Year founded: 2013
Funding: $60 million
Founders: Amiad Soto, Kobi Soto
Number of employees: 230
Investors: TLV Partners, Buran Venture Capital, Viola Growth, Vertex Ventures Israel, Magma Venture Partners
#21 Otorio Ltd.
Product: cybersecurity services for industrial IoT
Year founded: 2018
Funding: $50 million
Founders: Daniel Bren, Yair Attar
Number of employees: 50
Investors: Andritz AG
#22 Elementor Ltd.
Product: front-end website building tools for WordPress
Year founded: 2016
Funding: Undisclosed
Founders: Yoni Luksenberg, Ariel Klikstein
Number of employees: 80
Investors: Undisclosed
#23 Claroty Ltd.
Product: cybersecurity for industrial networks
Year founded: 2014
Funding: $93 million
Founders: Amir Zilberstein, Benny Porat, Galina Antova
Number of employees: Undisclosed
Investors: Team8, Mitsui & Co., Innovation Endeavors, Temasek Holdings, Bessemer Venture Partners, Marker
#24 Next Insurance Inc.
Product: online insurance for entrepreneurs and small businesses
Year founded: 2016
Funding: $131 million
Founders: Guy Goldstein, Nissim Tapiro, and Alon Huri
Number of employees: 70
Investors: Redpoint Ventures, Munich Re, American Express, Ribbit Capital, TLV Partners, SGVC, Zeev Ventures
#25 Optibus Ltd.
Product: fleet management and optimization software for public transit operators
Year founded: 2014
Funding: $45 million
Founders: Amos Haggiag Eitan Yanovsky
Number of employees: 75
Investors: Alibaba, Insight Venture Partners, Pitango Venture Capital, Verizon
#26 Iguazio Systems Ltd.
Product: data management services designed to improve machine learning applications
Funding: $55 million
Investors: Dell, Pitango Venture Capital, Jerusalem Venture Partners (JVP), Magma Venture Partners, Samsung Ventures
#27 Cato Networks Ltd.
Product: software-defined wide-area network (SD-WAN) security
Funding: $125 million
Investors: Lightspeed Venture Partners, USVP Management Company, Singtel Innov8 Ventures
83North, Aspect Ventures
#28 Moovit App Global Ltd.
Product: free mobile navigation app offering real-time public transit information
Funding: $133 million
Investors: Gemini Israel Ventures, Sound Ventures, BRM Group, Vaizra Investments, BMW i Ventures, Vintage Investment Partners, Hanaco Venture Capital
#29 Puls Technologies Inc.
Product: marketplace for household appliance technicians
Funding: $93 million
Investors: Temasek Holdings, Hanaco Venture Capital, Viola Ventures, Samsung NEXT, Red Dot Capital Partners
#30 YouAppi Inc.
Product: customer acquisition and retention platform for mobile brands
Funding: $18 million
Investors: 2B Angels, Glilot Capital Partners
#31 Twiggle Ltd.
Product: e-commerce search engine
Funding: $35 million
Investors: State of Mind Ventures, MizMaa
#32 Autotalks Ltd.
Product: vehicle-to-vehicle communication chips
Funding: $80 million
Investors: Hyundai, Samsung, Toyota Motor, Magma Venture Capital, Gemini Israel Ventures
#33 StartApp Mobile Technologies Ltd.
Product: mobile advertising and customer engagement analytics company
Funding: $4.3 million
Investors: Cedar Fund, Ascent Venture Partners
#34 Glassbox Digital UK Ltd.
Product: analytics of customer behaviour across digital platforms and mobile applications
Funding: $32.5 million
Investors: Updata Management, CreditEase
#35 Valens Semiconductor Ltd.
Product: semiconductor products for the delivery of uncompressed multimedia content
Funding: $167 million
Investors: Magma Venture Partners, Genesis Partners, Delphi Group, Linse Capital, Israel Growth Partners (IGP), Oppenheimer & Company
#36 SentinelOne (Sentinel Labs Inc.)
Product: cybersecurity software for endpoint devices and servers
Funding: $109.5 million
Investors: Third Point Ventures, Granite Hill Capital Partners
#37 Habana Labs Ltd.
Product: chips and processors optimized for artificial intelligence applications
Funding: $120 million
Investors: Intel Capital, Bessemer Venture Partners, Battery Ventures, WRV Capital
#38. Hibob Inc.
Product: a cloud-based human resources management system
Funding: $45 million
Investors: Bessemer Venture Partners, Battery Ventures, Fidelity International, Sumitomo Group
#39. Forter Inc.
Product: online transaction fraud prevention tool
Funding: $100 million
Investors: March Capital Partners, Salesforce Ventures, Sequoia Capital, New Enterprise Associates (NEA) and Scale Venture Partners (SVP)
#40 WhiteSource Software Inc.
Product: open source management and security processes automation service
Funding: $49 million
Investors: Susquehanna International Group, 83North, Microsoft’s M12
#41 Aqua Security Software Ltd.
Product: cybersecurity for container-based and serverless applications
Funding: $100 million
Investors: Microsoft’s M12, Insight Venture Partners, TLV Partners, Shlomo Kramer
#42 Prospera Technologies Inc.
Product: machine vision systems and software for optimizing farm production
Funding: $22 million
Investors: Bessemer Venture Partners, Qualcomm, Cisco
#43 Papaya Global Ltd.
Product: human resources and payroll management service
Funding: $4.5 million
Investors: New Era Ventures, Ronald Cohen
#44 Vayyar Imaging Ltd.
Product: 3D imaging sensors that can see through various natural and man-made barriers using low-power radio wave technology
Funding: $79 million
Investors: Battery Ventures, Bessemer Venture Partners, Israel Cleantech Ventures, ClalTech
#45 CTERA Networks Ltd.
Product: cloud storage, file sharing, and data protection services to enterprises
Funding: $100 million
Investors: Bessemer Venture Partners, Viola Group, Red Dot Capital Partners, Venrock, Cisco, Singtel
#46 Aidoc Medical Ltd.
Product: artificial intelligence-based medical imaging analysis software
Funding: $40 million
Investors: Square Peg Capital, Magma Venture Partners, TLV Partners, Emerge
#47 Skyline AI Ltd.
Product: artificial intelligence tools for analyzing real estate data
Funding: $21 million
Investors: TLV Partners, Nyca Partners, Spark Capital, Jones Lang LaSalle (JLL), Arbor Ventures, iAngels, Sequoia Capital
#48 Wiliot Ltd.
Product: battery-free sensors that turn consumer goods into smart products
Funding: $50 million
Investors: Amazon’s AWS, Samsung Ventures, Avery Dennison, Norwest Venture Partners, 83North, Grove Ventures, M Ventures, Qualcomm
#49 Cortica Inc.
Product: image recognition technologies for autonomous cars
Funding: $70 million
Investors: Horizon Ventures, Samsung Ventures
#50 StoreDot Ltd.
Product: quick-charging battery
Funding: $126 million
Investors: Samsung, BP Ventures, Singulariteam