The 17 Israeli Private High-Tech Companies Soon to be Unicorns
According to the IVC research center, there are currently 15 active Israeli private high-tech companies that have reached the Unicorns list in 2019, and there are 17 Israeli high tech companies that will soon be Unicorns of 2020.
The Israeli high-tech ecosystem has attained great heights in recent decades. During 2019, Fifteen Israeli private high tech companies managed to raise over $1 Billion, and six Israeli private companies with a valuation larger than $1.5 billion. The top 6 are Lemonade, Payoneer, Monday.com, Landa, Infinidat, Cybereason and recently Next Insurance. These companies come from different sectors which implements how Israel's multifaceted atmosphere plays a role. Israel is a global center with a vibrant innovation culture based on interdisciplinary capabilities, a spirit of entrepreneurship and strong technical skills.
According to the publication of the IVC research center, there are 18 Israeli high tech companies that might be the unicorns of next year. On top of the list with a value of $850M is Sisense is a business intelligence platform that lets you join, analyze, and picture out information they require to make better and more intelligent business decisions and craft out workable plans and strategies. Sisense was founded in 2004 in Tel Aviv by Elad Israeli, Eldad Farkash, Aviad Harell, Guy Boyangu and Adi Azaria.
Following, Etoro, with a valuation of $800M, is a social trading and multi-asset brokerage company that has registered offices in Cyprus, Israel, China and the United Kingdom. They have both manual trading and social trading features. Social trading enables clients to follow the financial trading activity of other clients, and use our CopyTrader system to replicate everything they do in real-time. it was founded as RetailFX in 2007 in Tel Aviv, by brothers Yoni Assia and Ronen Assia together with David Ring.
Third place goes to Via Transportation, with a value of over $700M. Via is an American transportation network company and real-time ridesharing company headquartered in New York City. Via operates consumer rideshare services in several cities across the U.S and Europe, with its joint venture with Mercedes-Benz Vans. Via also licenses its technology to cities, transit agencies and private organizations to help build their own on-demand shared transit networks. Via was founded in 2012 by Israeli entrepreneurs Daniel Ramot and Oren Shoval.
Among these companies, the list contains InSightech, the medical technology innovator with over $600M value. The list also contains Innoviz Technologies, the leading manufacturer of LiDAR sensors and perception software to the automotive, drone, robotics, mapping, and other industries, Cellebrite, the digital intelligence platform provides a complete picture of evidence, empowering agencies and investigators to solve cases faster than ever, Kaminario, delivers data services which reduces the cost of running high-performance applications on any cloud platform, all raised above $500M.
At $500M is StoreDot with their flash battery technology for smartphones and EV, SimilarWeb who provides global multi-device market intelligence to understand, track and grow your digital market share, DriveNets with their flagship solution called Network Cloud, Zebra with their medical imaging services for radiologists, Anyvision that deals with AI recognition platforms, transforming any camera into a smart device, AppsFlyer with their attribution technology, Moovit a leading Mobility as a Service, YOTPO eCommerce marketing platform, BlueVine that deal with business loans and Valens HDbaseT Technology and a provider of ultra high definition multimedia content.
These blue and white companies are on the rise and are rapidly growing. There is no doubt that the year 2020 will be a successful one for the Israeli Ecosystem.
