Fund profile

Formula Ventures

Herzliya, Israel

Leading

About

Formula Ventures is an Israel-based venture capital firm specializing in early-stage investments, primarily focusing on the technology sector. The fund targets companies in semiconductors, enterprise software, and AI-driven industries. With a notable portfolio that includes companies like Earnix—a unicorn providing AI-based solutions for insurers and banks—Formula Ventures has a strong track record of scaling innovative businesses. Their investments range from seed to Series B stages, demonstrating a preference for capital-efficient startups with significant technological advantages. The fund takes a concentrated approach, leading or co-leading rounds and focusing on deep partnerships with a select group of startups. Formula Ventures has been instrumental in growing several companies to successful exits, including RadView, which went public on NASDAQ, and others like Transtech Control, which was acquired by Cooper Power Systems. They primarily operate within Israel but maintain a global outlook, leveraging co-investments from partners like JVP and VantagePoint Capital Partners. The team at Formula Ventures brings deep industry expertise, ensuring they invest only in sectors where they can add substantial value. Their disciplined, long-term approach makes them an ideal partner for startups aiming to disrupt established industries with cutting-edge technology.

Details

Highlights

$10.4M

Historical average check

$37M

Historical max check

September 2021

Last investment date

16

Investments

Software & Apps

Fintech & Financial services

Consumer Goods & Electronics

E-commerce & Retail

Data & Analytics

AI & Deep Tech

Other

Funds that also invest in Consumer Goods & Electronics