Fund profile
Jordache Ventures
New York, USA
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About
Jordache Ventures is the corporate venture capital arm of Jordache Enterprises, the privately held conglomerate founded in 1978 by brothers Joe, Ralph, and Avi Nakash. The Nakash brothers are credited with establishing the designer denim market in the United States and have built Jordache into a $2 billion empire spanning fashion, real estate, hospitality, aviation (Arkia Israeli Airlines, which carries more than 2 million passengers annually), agriculture, and technology. Headquartered in New York, Jordache Ventures is also listed on the Israeli Venture Capital database, reflecting the Nakash family's active cross-border US-Israel investment interests. The firm has made 8 known investments at seed and early stages, predominantly during the 2013 to 2016 period, with checks typically in the $100K to $1 million range. Notable investments include ALICE, a hotel operations platform connecting all service points within a hotel to simplify guest management, which was co-invested alongside Expedia, 645 Ventures, and Tishman Speyer and subsequently acquired by Alpine SG in July 2021. Jordache Ventures has achieved 3 portfolio exits across its investment history. Its investments have spanned software, travel, and food and beverage sectors. Jordache Ventures reflects the Nakash family's interest in applying their extensive experience across hospitality, retail, and international business to technology companies in adjacent markets. The firm has been relatively inactive in new deal activity since 2016, consistent with a harvest-oriented stance as the parent conglomerate continues its broader diversification across fashion brands, real estate holdings, and aviation assets in both the United States and Israel.
Details
Highlights
October 2016
Last investment date
8
Investments
Software & Apps
Travel & Tourism
Food & Beverage
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Website
jordacheenterprises.comSocial
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