Veritas Venture Partners

Veritas Venture Partners is one of Israel's most experienced venture capital firms, founded in 1990 and based in Ra'anana. The firm manages around $100M across three funds, including VVP Fund II LP, and invests primarily in technology-based companies at the seed and very early stages, with selective participation through Series A and Series B; typical investment sizes range from about $1M to $3M, and it is willing to lead. Its focus areas have historically been internet and enterprise software, network and communications technology, and healthcare, with a portfolio spanning Israel and the United States. Over its history Veritas has made roughly 50 investments and recorded nine exits via acquisition. Notable portfolio companies and outcomes include Gilat Satellite Networks, acquired by Comtech Telecommunications in January 2020, Trivnet, a provider of mobile financial-services solutions for mobile network operators and banks, acquired by Gemalto in 2010, the storage technology company 3Ware, and Fring, a mobile communications service enabling free group video, voice calls and chat, in which Veritas led a $12M Series B round alongside North Bridge Venture Partners. The firm's partners have included co-founder Gideon Tolkowsky, founding partner Yadin Kaufmann, and partners Gill Zaphrir, Rann Marom and Laurie Olivier. As a long-established firm, Veritas has limited recent new-deal activity. With more than three decades of investing across Israeli and US technology, Veritas Venture Partners has backed internet, enterprise software, communications and healthcare founders from the seed and earliest stages.