Blumberg Capital

Blumberg Capital is an early-stage venture capital firm based in San Francisco, California, with an additional office in Tel Aviv. Founded in 1991, the firm specializes in investing in innovative technology companies, particularly in sectors such as financial services, cybersecurity, enterprise software, healthcare, and mobile technology. Blumberg Capital focuses on partnering with exceptional entrepreneurs to drive market disruption and foster successful business growth. The firm typically invests between $500,000 and $3 million in seed and Series A funding rounds, with the capacity for additional follow-on investments. Its team leverages extensive operational expertise and a strong network to connect entrepreneurs with strategic partners, acting as active investors and board members. Blumberg Capital primarily targets investments in the United States and Israel, emphasizing sectors that enhance productivity and drive technological advancement.

Keren Admon

Principal

David Blumberg

Founder and Managing Partner

Yodfat Harel Buchris

Managing Director

Steve Gillan

COO and CFO

Stanton Green

Senior Director

Eitan Gueron

Analyst

Yodfat Harel-Buchris

Managing Director

Alejandro Hill

Analyst

Jacob Katz

Principal

Jared Katzen

Senior Associate

Ben Lewis

Analyst

Ilia Shnaidman

Vice President

Zemer Shwartz-Noy

Associate

Bruce Taragin

Managing Director

Jimmy Zhu

Senior Principal

Past deals in Fraud Detection

FundGuard

Series B in 2022
FundGuard Inc. is a developer of an AI-powered, cloud-based investment funds operating system platform designed to assist asset and fund managers in administering various investment vehicles, including mutual funds, ETFs, hedge funds, insurance, and pensions. Established in 2018 and headquartered in Palo Alto, California, with an additional office in Tel Aviv, Israel, FundGuard utilizes modern cloud technologies and a multi-dimensional real-time design to enhance operational efficiencies within the investment management industry. The platform is capable of automatically resolving exceptions, detecting financial anomalies, identifying potential fraud, and recommending operational improvements. By transforming traditional, outdated systems into more scalable and efficient solutions, FundGuard aims to foster innovation and transparency in financial operations, enabling asset managers to enhance their product offerings and improve overall performance.

Hunters

Series C in 2022
Hunters is a cybersecurity company based in Tel Aviv, Israel, founded in 2018. It specializes in developing an artificial intelligence-based software solution designed to detect and prevent cyberattacks. The company's flagship platform, Hunters.AI, autonomously identifies threats that may evade traditional security measures, enhancing threat detection and response across various IT environments, including cloud and network infrastructures. By ingesting extensive security telemetry and intelligence from diverse data sources, the platform enriches threat signals with detailed attack intelligence. It employs machine learning and cloud-based analytics to correlate threat patterns and generate actionable visualized attack narratives, ultimately optimizing response times for cybersecurity teams.

FeeX

Funding Round in 2021
FeeX Inc. is a technology company founded in 2012 and headquartered in New York, New York. It specializes in developing application software that enables users to assess and reduce fees associated with individual retirement accounts (IRAs), 401(k)s, 403(b)s, and other investment accounts. The company aims to enhance transparency in the retirement market by providing automated, personalized analyses of various financial products. FeeX's technology captures, normalizes, and analyzes fee data, allowing users to make informed decisions and receive data-driven fiduciary advice. Its services cater to a diverse range of clients in the financial industry, including broker-dealers, insurance companies, registered investment advisors, and online brokerages.

Hunters

Series B in 2021
Hunters is a cybersecurity company based in Tel Aviv, Israel, founded in 2018. It specializes in developing an artificial intelligence-based software solution designed to detect and prevent cyberattacks. The company's flagship platform, Hunters.AI, autonomously identifies threats that may evade traditional security measures, enhancing threat detection and response across various IT environments, including cloud and network infrastructures. By ingesting extensive security telemetry and intelligence from diverse data sources, the platform enriches threat signals with detailed attack intelligence. It employs machine learning and cloud-based analytics to correlate threat patterns and generate actionable visualized attack narratives, ultimately optimizing response times for cybersecurity teams.

Trulioo

Series D in 2021
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

FundGuard

Series A in 2021
FundGuard Inc. is a developer of an AI-powered, cloud-based investment funds operating system platform designed to assist asset and fund managers in administering various investment vehicles, including mutual funds, ETFs, hedge funds, insurance, and pensions. Established in 2018 and headquartered in Palo Alto, California, with an additional office in Tel Aviv, Israel, FundGuard utilizes modern cloud technologies and a multi-dimensional real-time design to enhance operational efficiencies within the investment management industry. The platform is capable of automatically resolving exceptions, detecting financial anomalies, identifying potential fraud, and recommending operational improvements. By transforming traditional, outdated systems into more scalable and efficient solutions, FundGuard aims to foster innovation and transparency in financial operations, enabling asset managers to enhance their product offerings and improve overall performance.

FeeX

Funding Round in 2021
FeeX Inc. is a technology company founded in 2012 and headquartered in New York, New York. It specializes in developing application software that enables users to assess and reduce fees associated with individual retirement accounts (IRAs), 401(k)s, 403(b)s, and other investment accounts. The company aims to enhance transparency in the retirement market by providing automated, personalized analyses of various financial products. FeeX's technology captures, normalizes, and analyzes fee data, allowing users to make informed decisions and receive data-driven fiduciary advice. Its services cater to a diverse range of clients in the financial industry, including broker-dealers, insurance companies, registered investment advisors, and online brokerages.

Hunters

Series A in 2020
Hunters is a cybersecurity company based in Tel Aviv, Israel, founded in 2018. It specializes in developing an artificial intelligence-based software solution designed to detect and prevent cyberattacks. The company's flagship platform, Hunters.AI, autonomously identifies threats that may evade traditional security measures, enhancing threat detection and response across various IT environments, including cloud and network infrastructures. By ingesting extensive security telemetry and intelligence from diverse data sources, the platform enriches threat signals with detailed attack intelligence. It employs machine learning and cloud-based analytics to correlate threat patterns and generate actionable visualized attack narratives, ultimately optimizing response times for cybersecurity teams.

Pontera

Funding Round in 2020
Pontera, formerly FeeX, bridges the gap between a better retirement and financial advisors by allowing them to manage and trade their clients' held away accounts. Its goal is to help people retire with more wealth and financial security. The company, which was founded in 2012, works with RIAs, Broker-Dealers, and some of the country's largest financial institutions.

Ferrum Health

Seed Round in 2020
Ferrum Health is a developer of an enterprise IT and AI patient safety platform for health systems. Ferrum Health provides an artificial intelligence (AI) technology platform for health system executives to prevent medical errors across their patient population, serving as a safety net that uses AI algorithms to assist quality teams in the peer review of radiology studies.

Trulioo

Series C in 2019
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

Hunters

Seed Round in 2019
Hunters is a cybersecurity company based in Tel Aviv, Israel, founded in 2018. It specializes in developing an artificial intelligence-based software solution designed to detect and prevent cyberattacks. The company's flagship platform, Hunters.AI, autonomously identifies threats that may evade traditional security measures, enhancing threat detection and response across various IT environments, including cloud and network infrastructures. By ingesting extensive security telemetry and intelligence from diverse data sources, the platform enriches threat signals with detailed attack intelligence. It employs machine learning and cloud-based analytics to correlate threat patterns and generate actionable visualized attack narratives, ultimately optimizing response times for cybersecurity teams.

FundGuard

Seed Round in 2018
FundGuard Inc. is a developer of an AI-powered, cloud-based investment funds operating system platform designed to assist asset and fund managers in administering various investment vehicles, including mutual funds, ETFs, hedge funds, insurance, and pensions. Established in 2018 and headquartered in Palo Alto, California, with an additional office in Tel Aviv, Israel, FundGuard utilizes modern cloud technologies and a multi-dimensional real-time design to enhance operational efficiencies within the investment management industry. The platform is capable of automatically resolving exceptions, detecting financial anomalies, identifying potential fraud, and recommending operational improvements. By transforming traditional, outdated systems into more scalable and efficient solutions, FundGuard aims to foster innovation and transparency in financial operations, enabling asset managers to enhance their product offerings and improve overall performance.

Fortscale

Series B in 2017
Fortscale Security, Inc., founded in 2012 and based in San Francisco, California, specializes in security software that focuses on behavioral analytics. The company has developed an innovative embeddable engine that integrates behavioral analytics into existing security systems, enabling organizations to automate the identification of risks and enhance decision-making processes. By utilizing predictive analytics and advanced machine learning, Fortscale processes data from security devices to autonomously model user behaviors and detect anomalous activities indicative of high risk. This approach improves the detection of difficult-to-spot attacks and insider threats, thereby increasing the overall efficiency of security measures. Fortscale is backed by several prominent investors, including Intel Capital and Blumberg Capital, which support its mission to strengthen security infrastructures across various sectors.

Trulioo

Series B in 2015
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

FeeX

Series B in 2014
FeeX Inc. is a technology company founded in 2012 and headquartered in New York, New York. It specializes in developing application software that enables users to assess and reduce fees associated with individual retirement accounts (IRAs), 401(k)s, 403(b)s, and other investment accounts. The company aims to enhance transparency in the retirement market by providing automated, personalized analyses of various financial products. FeeX's technology captures, normalizes, and analyzes fee data, allowing users to make informed decisions and receive data-driven fiduciary advice. Its services cater to a diverse range of clients in the financial industry, including broker-dealers, insurance companies, registered investment advisors, and online brokerages.

BioCatch

Series A in 2014
BioCatch is a Boston-based company that specializes in behavioral authentication and threat detection solutions for web and mobile applications. Founded in 2011, it utilizes advanced cognitive science and machine learning to analyze over 2,000 cognitive parameters, creating unique user profiles. The platform is designed to continuously authenticate users throughout their online sessions, effectively safeguarding against cyber threats and fraudulent activities such as account takeovers and automated account manipulation. BioCatch's behavioral biometrics technology identifies potentially risky digital behaviors and sophisticated social engineering scams, helping organizations, particularly banks, enhance fraud detection while minimizing friction during the digital user journey. This approach enables a secure and seamless experience for users, reinforcing identity and trust without compromising privacy.

Fortscale

Series A in 2014
Fortscale Security, Inc., founded in 2012 and based in San Francisco, California, specializes in security software that focuses on behavioral analytics. The company has developed an innovative embeddable engine that integrates behavioral analytics into existing security systems, enabling organizations to automate the identification of risks and enhance decision-making processes. By utilizing predictive analytics and advanced machine learning, Fortscale processes data from security devices to autonomously model user behaviors and detect anomalous activities indicative of high risk. This approach improves the detection of difficult-to-spot attacks and insider threats, thereby increasing the overall efficiency of security measures. Fortscale is backed by several prominent investors, including Intel Capital and Blumberg Capital, which support its mission to strengthen security infrastructures across various sectors.

Trulioo

Series A in 2014
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

FeeX

Series A in 2013
FeeX Inc. is a technology company founded in 2012 and headquartered in New York, New York. It specializes in developing application software that enables users to assess and reduce fees associated with individual retirement accounts (IRAs), 401(k)s, 403(b)s, and other investment accounts. The company aims to enhance transparency in the retirement market by providing automated, personalized analyses of various financial products. FeeX's technology captures, normalizes, and analyzes fee data, allowing users to make informed decisions and receive data-driven fiduciary advice. Its services cater to a diverse range of clients in the financial industry, including broker-dealers, insurance companies, registered investment advisors, and online brokerages.

Trulioo

Seed Round in 2012
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

Damballa

Series D in 2011
Damballa specializes in advanced threat protection, focusing on the detection of active threats that evade conventional security measures. The company employs data science and machine learning techniques to identify successful infections and assess the risk posed by compromised devices, regardless of their operating system or threat vector. Damballa's solutions are designed to discover previously unknown threats, making the company a key player in cybersecurity. It safeguards nearly a billion endpoints across various sectors, including enterprises and major telecommunications providers. The firm also addresses issues related to botnet formation, providing essential safeguards against the misuse of Internet-enabled devices for harmful activities.
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