Viola Ventures, a Tel Aviv, Israel-based venture capital firm, closed its sixth fund, at $250M.
The fund, which enabled Viola to cross $1.25 Billion in assets under management (AUM), is dedicated solely to investing in early-stage companies. With the new vehicle, Viola Ventures will invest in 25-30 early-stage (seed and A-round) companies. The fund will continue to invest in core verticals such as fintech, vertical AI and deep tech, as well as in new verticals such as digital health, next-gen enterprise infrastructure, SaaS 3.0, Web 3.0, and cybersecurity.
Led by General Partners Danny Cohen and Omry Ben David, Viola Ventures is part of the Viola group, an Israeli leading tech-focused investment firm with over $4B AUM. Founded in 2000, Viola Ventures empowers early-stage startups to become global category leaders. It has backed some of Israel’s unicorns such as ironSource, Payoneer, Redis, Verbit, Lightricks, Outbrain, Immunai and Pagaya.
The firm recently promoted Yael Alroy to Partner and appointed a dedicated Partner from the executive search industry, Jeff Shapiro, to assist portfolio companies in building their global and local management teams. Other team members included Shlomo Dovrat, Avi Zeevi, Daniel Cohen, Omry Ben David, Zvika Orron, Itzik Avidor, and Rotem Shacham.
FinSMEs
21/01/2022