The global Israeli founders club and fund. Harnessing the collective knowledge and networks of the worldโs best company builders to build better companies.
Fun Fact: Israeli-born immigrants in the U.S. create unicorn founders ($1B+ companies) at 162x the rate of native-born Americans per capita. Israelis are the most overrepresented entrepreneurial group in America by a mile. This has a significant impact on US GDP. ๐บ๐ธ๐ฎ๐ฑ๐ช๐ผ
https://t.co/6QjTZkVhFl New report finds Israeli tech drives nearly one-fifth of GDP and over half of exports, offsetting wartime losses despite talent shortages.
Stop everything! the Tel Aviv Stock Exchange is up today after a night of missiles on civilian centers in Israel. UNREAL! Green on the board and a rising index!
@BillAckman made the investment of a lifetime in Israeli resilience!
I'm admittedly biased, but this is a BIG DEAL in the world of AI and cyber security.
Today @TechAviv portfolio co @jit_io launched the first-ever fully agentic application security platform. This revolutionizes how AppSec teams operate by integrating AI Agents that autonomously manage and remediate risks within existing systems. This enhances productivity by over 10x, enabling seamless collaboration between human experts and AI, effectively addressing the surge in vulnerabilities from increased code generation. By automating structured processes like risk assessments, Jit's platform significantly reduces the time and effort required, allowing teams to focus on far more fun things -- like running their business!
Link with more details in the first comment below.
Congrats Shai Horovitz, David Melamed, PhD, Aviram Shmueli and Team Jit on the breakthrough milestone! Onward and way upwards! ๐
"Israel has an insane concentration of talent" - @shaunmmaguire
"The Army is extremely selective, e.g. only 60 spots reserved for the smartest. 1 or 2 will emerge as the apex leaders. Everyone else wants to follow."
"You can't do that (in America) where applications are just essays and non-meritocratic."
My friends, Israel has produced the largest acquisition of a private company in human history.ย Link in first comment.
@AssafRappaport, @amiluttwak, Roy Reznik, Yinon Costica, and the Wizards, we could not be happier for you and prouder of what you have accomplished (so far!!). This is not about the thousands of millionaires you created at and around @wiz_io; it's about the generations of founders who will now be inspired to dream way bigger about changing the world. Like the historic ICQ, and Waze deals of the past, the impact on the Israeli startup ecosystem and economy will be an order of magnitude larger than this mega $32B Wiz exit. This could not have come at a more important time for Israel. Thank you, and huge Mazal Tov! ๐
Congrats also to fellow @TechAviv member @giliraanan for betting on this outlier team first and producing what will likely be the greatest returning VC fund of all time, @Cyberstarts1 Fund I. ๐๐ผ
Wiz โค๏ธ Googleโฏ
Today we are announcing Googleโs agreement to acquire Wiz.โฏ
Is it major news? Absolutely. Does it change our focus? Nope. We will only gain velocity on our mission to empower organizations to adopt AI and cloud securely.โฏ
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TechAviv portfolio co https://t.co/S28M3Wcj3k raises $10M seed led by @NFX, adds @naftalibennett and @Merck Global Head of R&D & Chief Medical Officer to board, and announces breakthrough clinical trial success in human studies. Link in first comment.