JAL Ventures

JAL Ventures is a venture capital firm based in Herzliya, Israel, providing expansion capital and early revenue stage funding to fast-growing technology companies. It concentrates on B2B software, SaaS, e-commerce and internet businesses, as well as enterprise technology, cybersecurity, security and defense, and communications. The firm targets Israel-based companies with meaningful revenue, typically at or above one million dollars in annual sales, and supports rounds from Pre-A and Series A through expansion financing. Founded in 2004, JAL Ventures seeks opportunities in software, IT services, information technology and related sectors where scalable, tech-enabled platforms can achieve rapid growth.

Miriam Bashan

Principal

Yair Elbaz

General Partner

Nir Gilbert

Associate

Tal Grinstein Vaizer

Principal

Jasmin Kelman

CFO and Director of Finance and Operations

Past deals in Belarus

Fornova

Series C in 2019
Fornova is a technology company that specializes in providing market intelligence and distribution solutions for the hospitality industry. Founded in 2010, it aims to empower hotels to optimize revenue and distribution while reducing costs and enhancing forecasting capabilities. Fornova's platform utilizes patented VisualScan technology to monitor over 75,000 websites and conduct more than 1.25 billion price comparisons monthly. This enables hotels to manage online price integrity, visibility, and rankings effectively. The company has established corporate agreements with many of the world's largest hotel chains and global online travel agencies, while also catering to numerous independent hotels and smaller brands. With a team of over 150 members, Fornova operates from multiple offices worldwide, including locations in London, Amsterdam, New York, Israel, Belarus, Ukraine, and India.

Fornova

Series B in 2017
Fornova is a technology company that specializes in providing market intelligence and distribution solutions for the hospitality industry. Founded in 2010, it aims to empower hotels to optimize revenue and distribution while reducing costs and enhancing forecasting capabilities. Fornova's platform utilizes patented VisualScan technology to monitor over 75,000 websites and conduct more than 1.25 billion price comparisons monthly. This enables hotels to manage online price integrity, visibility, and rankings effectively. The company has established corporate agreements with many of the world's largest hotel chains and global online travel agencies, while also catering to numerous independent hotels and smaller brands. With a team of over 150 members, Fornova operates from multiple offices worldwide, including locations in London, Amsterdam, New York, Israel, Belarus, Ukraine, and India.

Fornova

Series A in 2015
Fornova is a technology company that specializes in providing market intelligence and distribution solutions for the hospitality industry. Founded in 2010, it aims to empower hotels to optimize revenue and distribution while reducing costs and enhancing forecasting capabilities. Fornova's platform utilizes patented VisualScan technology to monitor over 75,000 websites and conduct more than 1.25 billion price comparisons monthly. This enables hotels to manage online price integrity, visibility, and rankings effectively. The company has established corporate agreements with many of the world's largest hotel chains and global online travel agencies, while also catering to numerous independent hotels and smaller brands. With a team of over 150 members, Fornova operates from multiple offices worldwide, including locations in London, Amsterdam, New York, Israel, Belarus, Ukraine, and India.
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