Swish Ventures

Profile

Swish Ventures is a venture capital firm based in Israel, established by Omri Casspi in early 2025. Casspi, a former NBA player, transitioned from athletics to technology investing, leveraging his network and experience. The firm has a compact team, with Omri Casspi serving as the sole managing partner, accompanied by Ori Striechman, Head of Technology and Investments. What sets the firm apart is its focused portfolio strategy, concentrating on high-conviction bets rather than broad diversification.

Swish Ventures invests primarily in seed and Series A rounds, with check sizes averaging around $20 million. The firm targets sectors like cybersecurity, cloud and AI infrastructure, physical AI, defense, and government technology, focusing predominantly on companies in Israel and the US. Swish Ventures' collective AUM stands at approximately $800 million, comprising three funds: Fund I with $60 million, Fund II with $100 million, and the current Swish III with $250 million. Their notable LPs include Sequoia Capital and major US pension funds.

Notable investments by Swish Ventures include Cognition AI - AI coding-agent company, EON - cloud data resilience and cybersecurity, Upwind - cloud security, and PointFive. Cognition AI and EON have achieved unicorn valuations, significantly contributing to the firm's high AUM through unrealized portfolio appreciation. Swish's concentrated strategy has been effective, with several firms in their portfolio reaching significant market valuations.