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The Venture Codex

JAL Ventures

10 Hamenofim St., Herzliya, Israel

Overview

JAL Ventures Fund provides expansion capital to fast growing, early revenue stage tech startups in Israel.

Total investments
27
Lead investments
13
Investments · 12mo
1
Active investors
7

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Aligned

    Participated · Series B · Jul 2026

    Aligned pioneered the Digital Sales Room category and has evolved it into an AI Deal Workspace that enables sellers, buyers and agentic AI to work deals together in a single shared workspace. The platform is used by 70,000 sellers and 1 million buyers to run deals every month, and enterprise customers such as Deel, SimilarWeb and WordPress report 30% faster sales cycles and 15% higher win rates. Aligned says it has tripled ARR over the past 12 months and is recognized by G2 as the category leader in Digital Sales Rooms in Summer 2026. The company is headquartered in New York and Tel Aviv and was founded by Gal Aga, Gal Deitsch and Yotam Sela. Aligned's product centers on a proprietary AI Deal Brain that ingests live deal context across CRM, emails, calls and between-meeting buyer engagement to power seller and buyer agents. With the new funding, Aligned plans to expand enterprise-grade features, integrations and compliance while scaling go-to-market efforts to drive broader adoption of its agentic deal-execution layer.

  • Vendict

    Led · Series A · Aug 2025

    Vendict provides an AI-native platform that automates governance, risk, and compliance tasks for enterprises. Built on language models, knowledge graphs, and continuous feedback loops, the system generates context-aware, source-backed answers to security questionnaires, performs gap analyses across frameworks such as SOC 2, ISO 27001, GDPR, DORA, and ESG, and evaluates third-party risk. The product promises 100 % traceability, cuts questionnaire response times from six days to six minutes, and reduces manual control testing by 90 %. More than 100 customers have adopted the service in less than three years, many switching from legacy or manual solutions. By eliminating repetitive documentation work, Vendict positions GRC teams as strategic contributors rather than administrative overhead. The New-York-based company has raised $20 million to date, including the newly announced Series A, to further develop its AI-native, hallucination-free compliance platform. Investors view its explainable AI architecture and emerging two-sided network effects as key advantages in a GRC market expected to add $44.22 billion in value between 2025 and 2029.

  • Octup

    Led · Seed · Jul 2025

    Octup offers a real-time AI operations platform that connects to Warehouse Management Systems (WMS), Enterprise Resource Planning (ERP) systems, and shipping services to provide unified operational data, real-time analytics, and client portals. The product is designed to enhance visibility and trust between 3PLs and their clients and to replace traditionally manual processes. Octup positions itself as a data-driven operating system for logistics, targeting modernization of the global 3PL market. The company plans to use the new funding to accelerate AI-powered product development and expand its presence in North America. Octup also intends to triple its workforce to support growth. The company recently appointed Dror Feldheim, co-founder of Trax, as Chairman of the Board to guide its global operations expansion. Octup offers a 360-degree prescriptive discovery platform that gathers, interprets, and correlates data from every facet of ecommerce operations. The platform is designed to provide complete operational visibility, reveal hidden costs, and prescribe actions to improve performance. Octup serves a global customer base across apparel, supplements, consumer electronics, skincare, cosmetics, and jewelry. The company says clients using its solution have seen overall profits increase by up to 40%. Led by CEO and founder Alon Partuk, Octup intends to use new funding to broaden rollout of its end-to-end discovery platform.

  • enSights

    Led · Series A · Dec 2024

    enSights develops an AI-powered, cloud-based platform that optimizes and manages renewable energy assets through automation, smart workflows and a unified dashboard. Its SaaS platform scales business operations while optimizing the financial and energy performance of commercial, industrial and utility-scale assets. The platform manages over 6,000 clean energy assets across four continents and has active users overseeing more than 1.6 GWp, with automation helping optimize daily operations. The company plans to expand its global presence—particularly in the U.S.—by establishing a local headquarters and hiring industry professionals, and to continue strengthening its ecosystem of SaaS solutions. enSights was co-founded in 2021 and is headquartered in Austin, TX. The recent fundraise will support these growth and product initiatives.

  • Novidea

    Participated · Series C · Apr 2024

    Novidea provides a cloud-native, data-driven enterprise insurance management platform that enables agents, brokers, MGAs, wholesalers, and specialty insurers to automate repetitive processes, improve data quality and access, and enhance customer experience. Its software drives operational efficiencies and resilience for insurance organisations undergoing digital transformation. Over recent years Novidea has experienced hyper-growth, selling to leading insurance organisations globally and increasing headcount across the UK, North America, and Europe; it also launched in Southeast Asia in late 2023. The company announced an additional $30 million from HarbourVest Partners, bringing its Series C to $80 million and total capital raised to $120 million. Novidea plans to use the proceeds for organic expansion into additional territories, to accelerate product innovation, and to support inorganic growth including potential strategic acquisitions. The company has also published market research highlighting strong demand for core-technology replacement in insurance (reporting 75% of global insurance businesses plan to change core technology in the next two years) and recently augmented its senior leadership team, including CFO Eran Ben Ezer, CCO Yaniv Cohen, CTO Erez Nissim, and CRO Jeffrey Heine. Novidea builds a cloud-native, data-driven insurance management system that supports the full insurance policy and distribution lifecycle. The platform uses an open API architecture and is built to leverage Salesforce’s technology, providing an integrated ecosystem for customer-facing policy transactions and middle/back office operations. It targets brokers, agents, MGAs, and carriers, enabling them to modernize and manage the end-to-end customer insurance journey. Novidea serves more than 100 customers across 22 countries. The company is led by CEO Roi Agababa and is based in Milwaukee (US), London (UK), and Netanya (Israel). Novidea is a cloud-based insurance platform that provides policy sales growth, increased profitability, and enhanced operating efficiency through analytical tools, unique information analyses, and real-time business insights. The company offers end-to-end management for insurance distribution and positions its analytics as actionable information for customers. Founded in 2009, Novidea targets the traditional insurance agency ecosystem and carriers that rely on legacy systems and manual processes. Management reports increased global demand for its platform and plans to use new capital to accelerate the product roadmap and expand internationally. Novidea emphasizes advanced analytic capabilities that convert insurance parameters into real-time business insights to help customers increase operational efficiencies and revenue. Novidea is a New York-based cloud platform for managing the entire insurance distribution lifecycle. The company completed a $15 million Series B financing. The round was led by JAL Ventures Fund II and included participation from existing investors KT Squared LLC and 2B Angels. Proceeds will be used to expand Novidea's operations in the US, the UK, and other international markets. The funding will also be used to accelerate product innovation.

Team

  • Amiram Levinberg

    Co-Founder and General Partner

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  • Joshua Levinberg

    Co-Founder and General Partner

    LinkedIn
  • David Sikorsky

    Venture Partner

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  • Yair Elbaz

    General Partner

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