Top Venture Capital (VC) Firms in Israel
Israel's venture capital market is one of the most active per capita in the world, and the numbers back the claim. Total VC investment reached roughly $7.2 billion across more than 600 deals in 2024, down from the $25.6 billion peak in 2021 but still substantial by any global measure. The density of funds relative to population means founders here have real choices at every stage, from pre-seed defense-tech specialists to late-growth health funds running over a billion dollars.
That abundance is its own problem: when dozens of funds could plausibly fit, the hard part isn't finding investors, it's telling them apart. The directory above gives you every VC firm PEL tracks in Israel, filterable by stage, sector, check size, and region. What follows supplies what the filters can't, what actually separates the most notable firms from one another, where each truly focuses, and how to judge which type of fund belongs on your list.
1. aMoon Fund
By AUM, aMoon is the largest pure-play health fund operating in Israel, with figures ranging from $1.1 billion to over $1.3 billion depending on the source. Founded in 2016 by Dr. Yair Schindel and Marius Nacht, the fund focuses on HealthTech and Life Sciences globally, using Israel as its center of gravity for sourcing.
For any founder building in digital health, medical devices, or life sciences who needs a partner with the balance sheet to follow on aggressively through later rounds, aMoon sits in a category of its own among Israel-headquartered funds.
2. Aleph
Aleph has been one of the most visible institutional voices in Israeli venture since its founding in 2013. Its fifth fund closed at $300 million, bringing total AUM to approximately $850 million prior to that raise. The partnership, which includes Michael Eisenberg and Eden Shochat among others, has backed companies that went on to become internationally recognized names, including Lemonade and Melio.
Initial check sizes run from roughly $2 million to $12 million, which places Aleph firmly in the seed-to-Series-A range where Israeli startups with global ambitions typically begin raising institutional money.
3. Amiti Capital
More than 50 venture deals over its life, a $150 million fourth fund, and over $250 million in total AUM mark Amiti as one of the more consistent early-stage deep tech investors in Tel Aviv. Founded in 2010, the firm has built its portfolio across Fintech, AI, and Health Tech, which means it sits at the intersection of several of the sectors driving Israeli startup activity right now.
That breadth, combined with more than a decade of deal history, gives founders a meaningful base of comparable companies to evaluate fit against.
4. 10D
Founded in 2018, 10D raised both its second early-stage fund and its first opportunity fund in the 2022 to 2023 period, reaching approximately $245 million across those two vehicles and $350 to $355 million in total AUM. The firm concentrates on deep tech and new business models at the seed and Series A stages, with initial checks typically between $500,000 and $5 million. The opportunity fund structure alongside the early-stage fund is a practical distinction: it means 10D can reserve capital to follow on into its own winners rather than being forced to bring in new lead investors at every subsequent round.
5. AlphaDrive Ventures
Launched in 2025 by Yaron Elad and Elik Etzion, AlphaDrive is one of the newest entrants on this list, and its $100 million Fund I has a precise mandate: cybersecurity and AI, which the fund frames as the Cyber X AI intersection.
Headquartered in Ramat Gan with a U.S. presence, it operates as an Israeli-American vehicle, which matters for portfolio companies that will eventually need to build a footprint on both sides of the Atlantic. Five active portfolio companies are already listed in IVC Data and Insights as of the time of writing.
6. Advantage SportsTech Fund
Launched by OurCrowd in February 2018 in collaboration with Berlin-based leAD Sports Accelerator Management GmbH, the Advantage SportsTech Fund targets a genuinely narrow vertical: technology serving the sports industry. Based in Jerusalem with an initial target of $50 million, it invests at Series A with average initial checks of $1 to $2 million.
The OurCrowd parentage matters here because it opens co-investment access to OurCrowd's retail and institutional investor base alongside the fund itself, which can be useful for companies that benefit from a broader syndicate.
7. ADIV - Aerospace & Defence Impact Ventures
ADIV is a $50 million seed fund that launched in 2024 as part of the Starburst ecosystem, the aerospace and defense innovation catalyst founded in 2012. The structural advantage here is sourcing: Starburst's network spans more than 15,000 startups, which gives ADIV a pipeline that a standalone fund of this size could not replicate independently.
The fund focuses on Israeli and allied-nation aerospace and defense startups at the seed stage, which makes it one of the very few vehicles in the Israeli market specifically built for dual-use and defense-tech founders rather than treating that sector as incidental to a broader thesis.
8. Benson Oak Capital
Benson Oak has been operating since 2001, which gives it a tenure that most funds on this list cannot match. Its three early venture funds have each stayed under $25 million, a deliberate constraint that keeps the firm anchored to true early-stage bets rather than chasing larger deals as AUM grows.
The focus areas, B2C, Digital SMB, and Web3, reflect an evolution from the firm's original pan-European tech mandate under Gabriel Eichler's founding vision. Portfolio investments have included Israeli companies such as Slidely, the instant video creation startup. Founders working in consumer internet or Web3 who want a partner with deep institutional history rather than a newly formed fund will find Benson Oak worth examining.
9. 5 Eyes Ventures
Founded in 2020 by Ohad and Dan and headquartered in Tel Aviv, 5 Eyes Ventures has made between five and seven tracked investments depending on the data source, with its most recently logged deal being a $25 million Series B in Anjuna in August 2024. The fund focuses on early-stage startups, and the Anjuna deal, a confidential computing company, gives some signal about the security and infrastructure territory the firm finds interesting.
At this stage count, 5 Eyes is a concentrated portfolio investor rather than a high-volume operator, which typically implies deeper engagement per company.
Let's Recap
The firms here span roughly four orders of magnitude in AUM, from Benson Oak's sub-$25 million early funds to aMoon's $1.3 billion health vehicle, and that gap reflects genuinely different operating models, not just different balance sheets:
- Lead-capable at scale: Aleph and aMoon have the capital to lead large rounds and hold ownership through multiple follow-ons.
- Same capability, smaller scale: 10D's dual-fund structure separates entry capital from reserves.
- Thesis-first, sector-locked: ADIV and Advantage SportsTech, where the network is the real product, Starburst's defense ecosystem and OurCrowd's investor base respectively, matters as much as the cheque.
Stage is the first filter, but not the only one:
- Cybersecurity or defense-tech at seed: AlphaDrive and ADIV are the clearest fits.
- Health and life sciences: aMoon owns the lane at a scale no comparable Israel-based fund matches.
- Broadest early-stage ground: Aleph and Amiti, across enterprise and deep tech.
- Small, attentive syndicate: Benson Oak and 5 Eyes run low-volume, concentrated, and hands-on, for founders who'd rather that than a fund juggling dozens of relationships.
- Then let check size eliminate: a $500,000 first cheque from 10D and a $10 million cheque from Aleph aren't the same instrument even if both call it Series A. Matching those figures to your actual round narrows the field faster than anything else.
Because sector, stage, and cheque size all have to line up at once here, Private Equity List's API and MCP tools are the quickest way to hold all three filters together: pull the Israeli funds that fit your round size and sector, drop them into your tracker, or let an AI assistant like Claude confirm which are actively deploying before you start outreach.