Participated · Series A · Jun 2022

Konnecto offers a prescriptive marketing platform that provides consumer brands with daily recommendations on how to increase online sales by reverse engineering competitors’ journeys and identifying path-to-purchase vulnerabilities. The company serves clients across multiple industries, including Coca-Cola, MyHeritage, AON and Haven Life. Led by CEO Erez Nahom, Konnecto uses data science and engineering to generate actionable marketing guidance. The company raised a $21M Series A to accelerate growth and expand product capabilities. It intends to use the funds to expand its data science and engineering teams and to invest in go-to-market infrastructure and headcount. As of the Series A, Konnecto has raised $29M in total capital to date. Konnecto provides a consumer intelligence platform that enables brands and marketers to apply novel data science to anonymized digital footprints to analyze digital paths to purchase at the SKU level. Using machine learning, the technology reverse-engineers the full consumer journey, surfaces early threats and opportunities, and generates actionable recommendations to disrupt funnels and identify new marketing strategies. The company says it works with dozens of Fortune 500 brands and is expanding into FMCG and direct-to-consumer industries. Konnecto plans to use its new funding to grow its data science team and expand into new verticals and geographies. The company is led by CEO Erez Nahom and is based in Tel Aviv, Israel.

Participated · Series A · Jan 2022

Addionics produces textured, three-dimensional copper and aluminum foil current collectors for lithium-ion batteries, using electro-deposition for copper and electroetching for aluminum. Its foils feature tiny holes and undulating peaks and valleys that increase contact between the foil and active material. The company says the design improves battery performance and efficiency and can potentially double battery lifespan, and that the collectors can work with a wide range of chemistries. Addionics plans to tailor collectors to different chemistries in the future to extract additional performance. The Israel- and U.K.-based startup recently raised a $39 million Series B to accelerate delivery of its current collectors and to explore new markets and geographies. Earlier this year it announced plans to build a $400 million factory in the U.S. and said it has letters of intent from U.S. automakers. Addionics develops patented Smart 3D Electrode architecture and a scalable electrode fabrication process that replaces traditional 2D layered electrodes, aiming to increase energy density, power, safety and lifetime without raising cost. Its drop-in solution is compatible with existing battery manufacturing lines and is paired with a proprietary AI algorithm to accelerate and optimize electrode design for varied applications. The company targets electric vehicles initially and is collaborating with automotive OEMs and suppliers in the U.S. and Europe to integrate with NMC, LFP, silicon, lithium polymer and solid-state chemistries. Addionics plans to commercialize by 2024 and will use funding to advance product development, expand the team, and increase activity in the U.S. and Germany. The company also highlights applications beyond EVs, including consumer electronics, stationary storage, aviation, defense and medical devices. Addionics has developed a scalable, patent‑protected “smart 3D structure” that redesigns battery architecture via 3D metal fabrication to reduce internal resistance and improve mechanical longevity and thermal stability. The company’s approach is chemistry‑agnostic, designed to enhance existing and future battery chemistries rather than replace them. Addionics says its technology can increase EV mileage, improve safety, and reduce cost and charging time, and could be applied to consumer electronics, medical devices, grid storage, drones, and more. Commercial traction is early: the company is working with an unnamed tier‑1 American automotive company on a proof‑of‑concept and testing Addionics cells in vehicles. Management aims to secure 3–4 major collaborations with world‑leading OEMs over the next year. Financially, the company has raised $6M in funding, which includes a $2.5M grant awarded through the European Union’s Horizon2020 program.

Participated · Series B · Mar 2021

TechsoMed is a Rehovot, Israel–based medical imaging software company developing the BioTrace platform, an AI and algorithm-powered system for real-time tissue viability imaging. Its first product, BioTraceIO, is primarily targeting liver tumor ablation procedures and is in clinical validation. The company is pursuing FDA De Novo clearance for its BioTrace system, with approval anticipated sometime in 2022 according to the article. BioTrace is designed for multi-clinical applications including oncology (tumor ablation), cardiology (heart arrhythmia) and pain management (radiofrequency neurotomy). TechsoMed collaborates with medical centers worldwide and has established a Japan subsidiary to support commercialization in Japan and other Asian markets. The company is led by CEO Yossi Abu. Techsomed is a biotech company developing ultrasound-based real-time monitoring systems for thermal ablation procedures. Its BioTrace™ system integrates with standard ultrasound devices and uses proprietary AI and image analysis to track the target tissue’s unique biological signature as it responds to heat. That signature is used to visually simulate the post 24-hour thermal effect in real time, enhancing the surgeon’s level of control and accuracy during the procedure. The company is based in Rehovot, Israel. Techsomed secured $2.6M in funding in a round led by Johnson & Johnson Innovation – JJDC, with participation from Screen Holdings, AMIT‑Technion (the Alfred Mann Institute), NextLeap Ventures and Axil Capital. It intends to use the funds for further development toward obtaining FDA, PMDA and CE regulatory approval.

Led · Series B · Jun 2014

Webydo is a community-led, B2B SaaS platform that enables graphic and web designers to create, manage, and host pixel-perfect responsive websites without writing code. The product includes a built-in CMS and features developed in response to user demand, such as a Pixel-Perfect Responsive Editor, Code-Free Parallax Scrolling Animator, and History Revisions. More than 140,000 web design agencies, studios, and freelance designers have joined the platform, with thousands of new designers joining weekly. Webydo emphasizes a designer-driven roadmap, using community input to prioritize features. The company is collaborating with digital creative agency Hello Monday to redesign Webydo.com. Management says the new funding will be used to implement community-requested features and accelerate product development. Webydo offers a B2B cloud platform that enables web designers to create, manage and host websites. Its core product includes a code-generator that converts designers’ static visual designs into functional HTML5 sites with cross-platform, W3C-validated code. The company serves a global community of approximately 93,000 designers, design studios and web design agencies. Led by CEO Shmulik Grizim, Webydo intends to use new funding to continue developing product features and tools to support community leadership. The platform emphasizes designer-focused workflows and automated code output to bridge visual design and production-ready websites. Financially, the company announced a $7M financing to support its product and community roadmap. Webydo provides a cloud-based design studio and integrated CMS that lets professional designers build pixel-perfect websites via a drag-and-drop online canvas and then generates the production code automatically using a patent-pending code generator. Designers can import designs, photos, media and other assets, add features such as blogs, forms and Google Maps, and publish sites without writing code. The platform hosts published websites and charges $10 per month for published sites while keeping the design tools free to designers and the CMS free for their clients. During closed beta Webydo hosted more than 50,000 websites; the company has expanded from mostly operating in Israel and Europe to open its service in the U.S. market. Webydo positions itself against desktop tools like Adobe Muse by offering a cloud SaaS with an integrated CMS. The company has been pursuing additional funding to support growth and expansion.

Participated · Series A · Jan 2014

Yotpo is an eCommerce marketing platform that provides integrated solutions for Loyalty & Referrals, SMS Marketing, Reviews, and Visual UGC to help merchants deepen customer relationships. The company serves thousands of brands and lists mutual customers including Steve Madden, Princess Polly, and Brooklinen. Yotpo integrates with major commerce and marketing tools and is available on platforms such as Shopify, Salesforce Commerce Cloud, Adobe Commerce, and BigCommerce. The company recently added SMS marketing to its product suite and aims to develop first-to-market technologies to improve one-to-one merchant-customer relationships. Yotpo is a three-time Forbes Cloud 100 company with teams across the United States, United Kingdom, Israel, Bulgaria, and Australia. The platform plans further product development and tighter integrations with partners to create more seamless shopping experiences across touchpoints. Yotpo, founded in 2011 and headquartered in New York City, offers an integrated e-commerce marketing platform. Its platform comprises four main products — Yotpo SMS Marketing, Yotpo Loyalty & Referrals, Yotpo Reviews and Yotpo Visual UGC — which integrate with each other and with e-commerce platforms like Shopify, Salesforce Commerce Cloud, Magento and BigCommerce. The company reports 30,000 paying customers, including brands such as Patagonia, Steve Madden and direct-to-consumer businesses like Princess Polly. Yotpo has exceeded $100 million in annual recurring revenue; its SMS marketing product grew revenue 170% last year while its loyalty product nearly doubled revenue. The company acquired SMSBump in early 2020 and is approximately 70% of the way toward full integration. Yotpo plans to continue investing in product and marketing, pursue strategic acquisitions, and launch new products around customer communication and measuring customer lifetime value. Yotpo builds an e-commerce‑focused marketing cloud offering reviews and ratings, loyalty and referral programs, SMS and visual marketing, and integrations with customer‑care platforms. The company began as a Shopify App Store app and has expanded to integrate with platforms such as Salesforce, Adobe and BigCommerce. Yotpo operates a freemium model with roughly 9,000 paying customers and about 280,000 users on its free tier. Customer count grew 250% in the last year, and the company reported 170% year‑on‑year ARR growth and lower churn amid a recent surge of signups. Leadership cites a target of $100 million ARR next year. Yotpo has pursued product expansion both in‑house and via acquisitions (most recently SMSBump) and plans to use funding to grow its product suite, customer acquisition, integrations and acquisition activity. Yotpo builds a platform that helps businesses solicit and amplify user-generated content — reviews, Q&As, photos and videos — for marketing and customer feedback. It uses AI and a data-driven approach, claiming the highest order-to-review conversion rates and leveraging billions of behavioral data points to time and personalize content requests. Yotpo's algorithms adapt email and submission formats by identifying device and email client, and the company applies sentiment analysis and natural language processing to classify reviews by star rating and text. Founded in 2011 and headquartered in Tel Aviv, the company has raised $101 million to date. Yotpo says it will use the funding to build out an enterprise-grade platform and continue global expansion. Planned growth includes opening a second U.S. office in Salt Lake and adding 150 employees to bring headcount to over 400. Yotpo is a New York City–based content marketing platform that helps businesses transform user-generated content into a customer content marketing engine to drive qualified traffic back to their sites. Led by CEO Tomer Tagrin, the company closed a $22M funding round in 2016. The round was intended to fund product development — adding features, integrations and more forms of UGC — and to support global expansion. Yotpo planned multiple offices outside the U.S. and Israel and to grow its headcount by 250 people. Management also signaled the option to explore strategic acquisitions. The company has raised $50M in total funding to date and announced the hire of Jeff DiBartolo as Vice President, formerly of Salesforce Marketing Cloud.