News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
By Meir O
Long known as a hotbed for innovative quick-to-sell startups, Israel is now home to over 200 growth stage companies, that bring in revenues of over $10 million a year, employing dozens of people. A smaller group of Israeli private companies now bring in revenues of over $100 million, in some cases employing hundreds, and seeking valuations that top $1 billion. This change was brought about by an increased availability of funds, coming not just from traditional venture capital firms but also from private equity firms, and now also from mega funds such as Softbank’s Vision Fund.