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The Venture Codex

Crescendo Venture Partners

Hajaj Towers along the Ayalon Freeway, Tel Aviv, Israel

Overview

Venture Capital Investment fund based at the heart of Tel Aviv focusing on investments ranging from Pre-Seed to Series B

Total investments
12
Lead investments
2
Investments · 12mo
2
Active investors
3

Sector focus

  • FinTech
  • Venture Capital
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Investment portfolio

  • Eikona

    Participated · Seed · Dec 2025

    Eikona offers a generative-AI engine that inserts an “adaptation layer” between marketers and their audiences, continuously modifying imagery, copy, video and layouts to maximize engagement and conversions. The system replaces traditional manual A/B testing by applying reinforcement learning from human feedback (RLHF), letting actual customer interactions determine which creative variants are served next. Eikona integrates directly into existing marketing-automation stacks and is already deployed by dozens of companies in retail, telecom, finance, healthcare, insurance and travel. Customers report double- and even triple-digit uplifts in sales, retention and click-through rates. Founded by CEO Nir Weingarten and CTO Omer Hacohen, the Israeli-American startup focuses on industries where customer loyalty is strategically critical. By automating creative iteration at scale, the platform promises to lower marketing budgets while boosting performance. The company positions itself as a production-grade alternative to prompt-based GenAI tools, ensuring brand, product and legal integrity are preserved while content continually evolves. No revenue or user numbers were disclosed, but the firm emphasizes measurable business impact for its early adopters.

  • Entry

    Participated · Seed · Oct 2025

    Entry is a Toronto-based startup building privacy-preserving, regulator-ready infrastructure that bridges traditional financial institutions with decentralized finance (DeFi). Its core protocol combines zero-knowledge identity (zkID) technology with an explainable AI compliance engine, allowing banks, brokers, funds, and governments to transact privately while meeting global regulatory standards such as MiCA, MAS, and SEC/FATF. The network is powered by the ENT utility token, which supports zk computation, node staking, governance, and per-usage AI compliance calls. Entry’s public testnet has been live since July 2025, and the company reports a commercial pipeline of more than 20 Letters of Intent along with participation in EU and APAC regulatory sandboxes. Revenue is expected from enterprise deployments, subscription licensing, management and maintenance, and compliance-as-a-service. Collaborations with Cardano Foundation, Avalanche, Secret Network, and BitcoinOS further embed Entry within the broader blockchain ecosystem. The recent $1 million pre-seed round values the project at roughly a $25 million seed fully diluted valuation, with a projected $50 million valuation at token generation. These funds will help advance the mainnet launch and expand institutional integrations.

  • Alison AI

    Participated · Seed · Nov 2024

    Alison.ai develops creative AI solutions for advertising that generate optimized final scripts, storyboards, and full video creatives to reduce iterative testing cycles. Founded in 2021 by CEO Asaf Yanai and CTO Koby Berkovich, the company leverages AI to let advertisers move directly to production-ready creative. It has presence in the USA, UK, Israel, and Ukraine and employs a team of about 50 people. Prominent customers include LG, Bosch, Ferrara Candy Company, HelloFresh, Warner Brothers, Zynga, TikTok, P&G, and Desigual. The company plans to use new funding to accelerate strategic expansion in the US and Western European markets. Headquartered in Delaware, Alison.ai focuses on shortening ad production timelines through AI-driven creative generation. Alison.ai analyzes advertising creative elements — typography, colors, sounds and text — using more than 10 AI models (text, audio, visual, sentiment, etc.) to identify which factors drive campaign success. The platform evaluates creative impact across demographic segments and provides guidance to feed generative-AI production tools like Midjourney or to help in-house creative teams improve ads. Alison.ai also allows advertisers to gain insight into competitors' creatives and the effect of specific creative elements. The company reports it currently analyzes around one billion creative elements across social platforms. Supported channels include YouTube, AdWords, AdMob, Facebook, Instagram, Snapchat and TikTok. The company aims to increase creative effectiveness and campaign return by combining intelligent algorithms with human marketing expertise.

  • env0

    Participated · Series A · Aug 2023

    env0 provides Infrastructure-as-Code (IaC) workflow automation and management software that enables teams to deploy and manage Terraform, Terragrunt, CloudFormation, Pulumi, Kubernetes and other IaC tools. The platform offers self-service environment provisioning with governance features including policy safeguards, RBAC, OIDC, auditing, external logging integrations, and a pluggable integration architecture. In FY 2022 the company grew by 450%, grew revenue by more than five times, and increased customer count by 2.5x, signing new customers including MGM Resorts International, PayPal, and VMware. Key product additions shipped in 2022 include automated drift detection, Azure DevOps support, Terraform end-to-end functionality (remote backend, module registry, remote plan, Plan/apply on PR), and enterprise capabilities such as multi-tier workflows. env0 says it will use the new funds to accelerate research and development and to scale customer cloud operations safely. The company positions itself to address a >30% annual IaC market projected to reach more than $3.5 billion by 2030. Env0 offers an infrastructure-as-code control plane that helps engineering teams automate and govern cloud deployments while enforcing cost limits. Its platform focuses on cloud cost control, developer self-service, teams and governance, and infrastructure-as-code automation. The product moved from beta to general availability about four months ago and the company reports dozens of paying customers and that it is generating revenue. Named customers include JFrog, Varonis and BigID. The company has grown headcount from seven employees in April 2020 to 17 today and plans to expand to roughly 50 within 18 months. Env0 is based in Israel and plans to open a Sunnyvale, California office. env0 develops self-service cloud management software that enables DevOps and R&D teams to self-provision resources across virtual environments and public clouds. The platform combines governance and cost control with automation for infrastructure-as-code deployments, using a policy engine to track and control cloud costs, allocate resources, and set TTL and scheduling policies. It aims to shift cloud cost responsibility left while giving engineering leaders transparency into every stage of development. env0 exited stealth two months prior to the announcement and introduced a public beta. The company announced a $3.5 million seed extension, bringing total funding to $6.8 million, and plans to use the funds to expand product R&D and accelerate go-to-market. Founded in 2018 by Ohad Maislish and Omry Hay, env0 is headquartered in Tel Aviv with offices in New York and Silicon Valley. Env0 builds a SaaS product that gives IT administrators control over when and how developers deliver Infrastructure as Code, with governance around security and cloud costs. The product lets admins define templates (which map repositories and cloud products) and projects (which control user access to templates) to balance self-service and oversight. The company positioned the product as providing visibility, predictability, and centralized governance for self-service cloud environments. Env0 launched 18 months prior to the article and had been in private beta before releasing a public beta alongside the funding announcement. The company reported having 10 employees. Env0 announced a $3.3M seed investment in conjunction with the public beta launch.

  • Alison

    Participated · Seed · May 2023

    Alison analyzes creative work — including typeface characters, colors, sounds, and text — and generates data-driven creative brief prompts that teams can feed into generative AI platforms like Midjourney or use internally. The platform uses more than 10 AI models, including text recognition, sound recognition, visual recognition and sentiment recognition, to identify elements of creative assets. Alison says it currently analyzes 1 billion creative elements across social platforms. It supports YouTube, AdWords, AdMob, Facebook, Instagram, Snapchat and TikTok. The company positions itself against competitors such as VidMob, Replai and Vizit and claims it can show which creative elements had the biggest impact on competitors' creatives. Financially, Alison has raised a $5.1 million pre-seed round from investors including a16z, Crescendo Venture Partners, Cardumen Capital and yellowHEAD.

Team

  • Tal Mizrahi

    General Partner & CFO

  • Yuval Avni

    General Partner

    LinkedIn
  • Suzanne M. Ley

    Chief Financial Officer

    LinkedIn