PICO Venture Partners

PICO Venture Partners, established in 2015, is an early-stage venture capital firm headquartered in Jerusalem, Israel, with additional offices in Tel Aviv, Israel, and New York, USA. The firm specializes in investing in visionary Israeli entrepreneurs developing future-defining technologies, with a focus on software, artificial intelligence, machine learning, and big data sectors. PICO supports its portfolio companies through close partnerships, leveraging its domain expertise, advisor network, collaborative workspaces, and go-to-market channels to facilitate growth. The firm has successfully exited from four investments and has made a total of 48 investments across two funds. Notable portfolio companies include Vroom (Nasdaq: VRM) and Spot.io (acquired by NetApp).

Claudia De Antoni

Partner

Seth Hochhauser

Associate

Todd Kesselman

Investor

Elie Wurtman

Managing Partner

Past deals in Western Asia

Salvador Technologies

Seed Round in 2023
Salvador Technologies specializes in developing system solutions for recovering computers from cyber attacks. Their products include cyber recovery stations, USB devices for organization-wide recovery, workstation-specific instant recovery tools, and pre-configured servers. The company leverages over a decade of experience from its founders in Israel's National Cyber Unit and elite intelligence corps to provide robust cybersecurity solutions.

Zero Networks

Series B in 2023
Zero Networks Inc. is a network security software developer founded in 2019 and headquartered in Tel Aviv, Israel. The company specializes in automating the definition, enforcement, and adaptation of network access policies for users and machines within an organization. Its cloud-based technology customizes access controls by learning how users and devices communicate, thereby enhancing security without the need for agents or complex policy configurations. Additionally, Zero Networks incorporates a two-factor authentication mechanism that allows legitimate but unusual connections through a secure wall on mobile devices. This approach ensures robust protection against potential breaches while maintaining operational continuity, making it an effective solution for organizations seeking to strengthen their network security posture.

Wanda Fish Technologies

Seed Round in 2023
Based in Israel, Wanda Fish Technologies produces cell-cultured seafood. It specializes in cultivating fish filets with similar nutrition, taste, and texture to real fish using a GMO-free platform and animal-free growth media.

K Health

Venture Round in 2023
K Health is a data-driven digital primary care company offering an AI-powered platform for personalized health management. It aggregates user data to build predictive models, enabling individuals to learn about their health by comparing themselves with others who share similar characteristics, and it provides a free symptom tracker. The platform supports remote care, including doctor consultations for well below a copay, and maintains users' medical history to deliver clinical data insights. Founded in 2016 as Kang Health and renamed K Health in 2018, the company is based in New York with an additional office in Israel. Its goal is to connect health data to enable accessible, data-informed primary care.

Wanda Fish Technologies

Pre Seed Round in 2022
Based in Israel, Wanda Fish Technologies produces cell-cultured seafood. It specializes in cultivating fish filets with similar nutrition, taste, and texture to real fish using a GMO-free platform and animal-free growth media.

Affogata

Seed Round in 2022
Affogata is an Israeli-based customer intelligence firm specializing in gathering and analyzing data from diverse open sources such as internal databases, web platforms, reviews, social media, forums, and customer conversations. It transforms this data into actionable insights to facilitate informed decision-making across all organizational levels.

Zero Networks

Series A in 2022
Zero Networks Inc. is a network security software developer founded in 2019 and headquartered in Tel Aviv, Israel. The company specializes in automating the definition, enforcement, and adaptation of network access policies for users and machines within an organization. Its cloud-based technology customizes access controls by learning how users and devices communicate, thereby enhancing security without the need for agents or complex policy configurations. Additionally, Zero Networks incorporates a two-factor authentication mechanism that allows legitimate but unusual connections through a secure wall on mobile devices. This approach ensures robust protection against potential breaches while maintaining operational continuity, making it an effective solution for organizations seeking to strengthen their network security posture.

Affogata

Seed Round in 2021
Affogata is an Israeli-based customer intelligence firm specializing in gathering and analyzing data from diverse open sources such as internal databases, web platforms, reviews, social media, forums, and customer conversations. It transforms this data into actionable insights to facilitate informed decision-making across all organizational levels.

K Health

Series E in 2021
K Health is a data-driven digital primary care company offering an AI-powered platform for personalized health management. It aggregates user data to build predictive models, enabling individuals to learn about their health by comparing themselves with others who share similar characteristics, and it provides a free symptom tracker. The platform supports remote care, including doctor consultations for well below a copay, and maintains users' medical history to deliver clinical data insights. Founded in 2016 as Kang Health and renamed K Health in 2018, the company is based in New York with an additional office in Israel. Its goal is to connect health data to enable accessible, data-informed primary care.

K Health

Series D in 2020
K Health is a data-driven digital primary care company offering an AI-powered platform for personalized health management. It aggregates user data to build predictive models, enabling individuals to learn about their health by comparing themselves with others who share similar characteristics, and it provides a free symptom tracker. The platform supports remote care, including doctor consultations for well below a copay, and maintains users' medical history to deliver clinical data insights. Founded in 2016 as Kang Health and renamed K Health in 2018, the company is based in New York with an additional office in Israel. Its goal is to connect health data to enable accessible, data-informed primary care.

ReSec Technologies

Series A in 2020
ReSec Technologies is an Israeli cybersecurity company specializing in file-based malware threat protection. It offers a gateway solution using patented Content Disarm and Reconstruction (CDR) technology, treating every file as a potential threat and delivering safe replicas in real-time. ReSec serves large enterprises across various sectors, including finance, defense, government, and telecom.

Zero Networks

Seed Round in 2020
Zero Networks Inc. is a network security software developer founded in 2019 and headquartered in Tel Aviv, Israel. The company specializes in automating the definition, enforcement, and adaptation of network access policies for users and machines within an organization. Its cloud-based technology customizes access controls by learning how users and devices communicate, thereby enhancing security without the need for agents or complex policy configurations. Additionally, Zero Networks incorporates a two-factor authentication mechanism that allows legitimate but unusual connections through a secure wall on mobile devices. This approach ensures robust protection against potential breaches while maintaining operational continuity, making it an effective solution for organizations seeking to strengthen their network security posture.

Arbox

Seed Round in 2020
Arbox Ltd. is a software development company based in Bnei Brak, Israel, founded in 2015. It specializes in creating an all-in-one business management platform tailored for gyms, fitness studios, wellness centers, and educational institutions. The company's software provides an array of tools designed to streamline operations, including a comprehensive scheduling system for class and appointment bookings, advanced client management features, and seamless payment processing. Additionally, Arbox offers marketing tools, retention solutions, and a mobile app for members, all aimed at enhancing customer experiences and facilitating business growth. Through its offerings, Arbox enables clients to efficiently manage their operations while building and increasing their revenue.

Arbox

Pre Seed Round in 2019
Arbox Ltd. is a software development company based in Bnei Brak, Israel, founded in 2015. It specializes in creating an all-in-one business management platform tailored for gyms, fitness studios, wellness centers, and educational institutions. The company's software provides an array of tools designed to streamline operations, including a comprehensive scheduling system for class and appointment bookings, advanced client management features, and seamless payment processing. Additionally, Arbox offers marketing tools, retention solutions, and a mobile app for members, all aimed at enhancing customer experiences and facilitating business growth. Through its offerings, Arbox enables clients to efficiently manage their operations while building and increasing their revenue.

ChargeAfter

Series A in 2019
ChargeAfter Ltd is a financing platform founded in 2017, headquartered in Ramat Gan, Israel, with additional offices in Sunnyvale, California, and New York, New York. The company specializes in connecting retailers with multiple lenders to provide consumers with personalized, responsible financing options at the point of sale. Its platform utilizes a data-driven decisioning engine to streamline the approval process, enabling merchants to deliver relevant financing offers based on individual credit profiles. ChargeAfter's solution allows retailers to implement financing options quickly across both online and in-store channels, enhancing customer experiences while improving conversion rates and average order value. The platform also features an easy-to-use merchant dashboard, detailed transaction reporting, and options for white-label integration, thereby supporting lenders in expanding their reach within new retail markets.

ReSec Technologies

Series A in 2019
ReSec Technologies is an Israeli cybersecurity company specializing in file-based malware threat protection. It offers a gateway solution using patented Content Disarm and Reconstruction (CDR) technology, treating every file as a potential threat and delivering safe replicas in real-time. ReSec serves large enterprises across various sectors, including finance, defense, government, and telecom.

Payzday

Seed Round in 2018
Payzday is a risk management solution provider based in Tel Aviv, Israel, that specializes in analyzing the risk levels of online merchants operating within marketplaces. Established in 2017, the company employs advanced technologies, including big data and artificial intelligence, to offer unprecedented visibility into merchant behavior. Payzday's approach goes beyond initial assessments during the onboarding process; it continuously monitors merchants in real-time, utilizing predictive analytics to identify potential unlawful or unstable situations. By providing financial institutions with detailed risk assessments, Payzday facilitates improved access to capital for online sellers, thereby enhancing their ability to secure necessary financing solutions.

Payzday

Venture Round in 2018
Payzday is a risk management solution provider based in Tel Aviv, Israel, that specializes in analyzing the risk levels of online merchants operating within marketplaces. Established in 2017, the company employs advanced technologies, including big data and artificial intelligence, to offer unprecedented visibility into merchant behavior. Payzday's approach goes beyond initial assessments during the onboarding process; it continuously monitors merchants in real-time, utilizing predictive analytics to identify potential unlawful or unstable situations. By providing financial institutions with detailed risk assessments, Payzday facilitates improved access to capital for online sellers, thereby enhancing their ability to secure necessary financing solutions.

Jolt

Seed Round in 2018
Jolt builds a network of innovative learning spaces where professionals learn together from world-class instructors. Jolt members upskill themselves through short and effective learning sessions as part of their weekly routine, and are part of a global tribe of lifelong learners. Jolt's learning spaces provides short and effective learning sessions as part of their weekly routine, held in futuristically designed classrooms on small campuses. Jolt was founded in 2015 and is headquartered in Tel Aviv, Israel.

Ment.io

Series B in 2018
Ment.io Ltd. is a company that operates a web-based decision-making platform designed to enhance the decision-making processes within teams. Founded in 2014 and based in Tel Aviv, Israel, with an additional office in San Francisco, California, the platform enables users to streamline decision-making by managing the entire process from posing questions to facilitating discussions and finalizing decisions. Ment.io targets mid-to-large-sized organizations and growth companies, addressing the challenges teams face in a fast-paced environment where decision-making can be hindered by excessive meetings and fragmented communication. By promoting efficient and credible decision-making, Ment.io aims to empower teams to make confident decisions that drive action and success.

Payzday

Seed Round in 2018
Payzday is a risk management solution provider based in Tel Aviv, Israel, that specializes in analyzing the risk levels of online merchants operating within marketplaces. Established in 2017, the company employs advanced technologies, including big data and artificial intelligence, to offer unprecedented visibility into merchant behavior. Payzday's approach goes beyond initial assessments during the onboarding process; it continuously monitors merchants in real-time, utilizing predictive analytics to identify potential unlawful or unstable situations. By providing financial institutions with detailed risk assessments, Payzday facilitates improved access to capital for online sellers, thereby enhancing their ability to secure necessary financing solutions.

ChargeAfter

Venture Round in 2017
ChargeAfter Ltd is a financing platform founded in 2017, headquartered in Ramat Gan, Israel, with additional offices in Sunnyvale, California, and New York, New York. The company specializes in connecting retailers with multiple lenders to provide consumers with personalized, responsible financing options at the point of sale. Its platform utilizes a data-driven decisioning engine to streamline the approval process, enabling merchants to deliver relevant financing offers based on individual credit profiles. ChargeAfter's solution allows retailers to implement financing options quickly across both online and in-store channels, enhancing customer experiences while improving conversion rates and average order value. The platform also features an easy-to-use merchant dashboard, detailed transaction reporting, and options for white-label integration, thereby supporting lenders in expanding their reach within new retail markets.

Ment.io

Venture Round in 2016
Ment.io Ltd. is a company that operates a web-based decision-making platform designed to enhance the decision-making processes within teams. Founded in 2014 and based in Tel Aviv, Israel, with an additional office in San Francisco, California, the platform enables users to streamline decision-making by managing the entire process from posing questions to facilitating discussions and finalizing decisions. Ment.io targets mid-to-large-sized organizations and growth companies, addressing the challenges teams face in a fast-paced environment where decision-making can be hindered by excessive meetings and fragmented communication. By promoting efficient and credible decision-making, Ment.io aims to empower teams to make confident decisions that drive action and success.

ReSec Technologies

Series A in 2016
ReSec Technologies is an Israeli cybersecurity company specializing in file-based malware threat protection. It offers a gateway solution using patented Content Disarm and Reconstruction (CDR) technology, treating every file as a potential threat and delivering safe replicas in real-time. ReSec serves large enterprises across various sectors, including finance, defense, government, and telecom.

Ment.io

Venture Round in 2015
Ment.io Ltd. is a company that operates a web-based decision-making platform designed to enhance the decision-making processes within teams. Founded in 2014 and based in Tel Aviv, Israel, with an additional office in San Francisco, California, the platform enables users to streamline decision-making by managing the entire process from posing questions to facilitating discussions and finalizing decisions. Ment.io targets mid-to-large-sized organizations and growth companies, addressing the challenges teams face in a fast-paced environment where decision-making can be hindered by excessive meetings and fragmented communication. By promoting efficient and credible decision-making, Ment.io aims to empower teams to make confident decisions that drive action and success.
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