Genesis Partners is an Israeli venture capital firm, founded in 1996 by Eddy Shalev and Eyal Kishon.[2]

Genesis Partners
IndustryVenture capital
Founded1996; 28 years ago (1996) [1]
Headquarters,
Websitewww.genesispartners.com

Overview

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Genesis Partners investment strategy is focused on early-stage Israeli innovation-driven technology companies. The company invests in communications & wireless technologies, infrastructure software & hardware, enterprise software, internet applications and services, digital media, consumer applications and services, mobile applications and services. Genesis has over $20 billion in assets under management and has invested in over 300 companies, including Any.do, Allot Communications, AudioCodes,[3] ClickSoftware Technologies, Compugen, eToro, Homeis,[4] Innovid, JoyTunes,[5] Kidaro,[6] Monday.com, PrimeSense,[7]Radwin, Riskified,[8] Sisense, SolarEdge[9] Valens Semiconductor.[10][11]

In 2011, Genesis Partners launched The Junction, Israel's first open house for entrepreneurs.[12] Entrepreneurs who are selected to work on their venture at The Junction for six months, before ending their experience in a Demo Day to Israeli angel investors and venture capital firms.[citation needed]

The firm's partners include Eddy Shalev, Eyal Kishon, Gary Gannot, Jonathan Saacks and Hadar Kiriati.[2]

In 2016, three members of the senior investment team, including Jonathan Saacks and Eddy Shalev, spun out with a seed stage fund, F2 Venture Capital, and took over management of The Junction.[13] In 2019, Insight Venture Partners announced purchasing a majority of the portfolio of Genesis Partners fourth fund named Genesis Partners IV.[14] Eyal Kishon, Eddy Shalev, Jonathan Saacks, and Gary Gannot would remain on their investment boards, per the agreement.[15]

See also

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References

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  1. ^ "Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners". Calcalist.
  2. ^ a b "Genesis Partners". Genesis Partners. Retrieved 2012-07-04.
  3. ^ Wenkert, Amarelle (2019-02-26). "Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners". CTECH - www.calcalistech.com. Retrieved 2021-08-17.
  4. ^ Blum, Brian (2019-12-15). "Israeli expat in NYC creates website to help immigrants". ISRAEL21c. Retrieved 2021-08-17.
  5. ^ Wenkert, Amarelle (2019-02-26). "Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners". CTECH - www.calcalistech.com. Retrieved 2021-08-17.
  6. ^ "Microsoft to Expand Investment in Desktop Virtualization With Acquisition of Kidaro". Microsoft. December 8, 2012. Retrieved 2014-05-03.
  7. ^ Apple Confirms Acquisition of 3-D Sensor Startup PrimeSense
  8. ^ "Riskified Official Website".
  9. ^ "126 Million Dollar IPO Solaredge". Cleantechnica. March 30, 2015.
  10. ^ .HDTV transmission startup raises $7 million, Peter Clarke, EE Times, 7/17/2007
  11. ^ Valens Semiconductor Seals $14M Archived 2016-06-17 at the Wayback Machine, PE Hub Network – The Community for Professionals in Private Capital; July 6, 2011
  12. ^ "Home for entrepreneurs". The Junction. Retrieved 2012-07-04.
  13. ^ Kolodny, Lora (December 1, 2016). ""Genesis Partners spins out $50 million fund, F2 Capital, to back early-stage startups in Israel"". TechCrunch. p. 1. Retrieved August 12, 2022.
  14. ^ Wenkert, Amarelle (2019-02-26). "Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners". CTECH - www.calcalistech.com. Retrieved 2021-09-11.
  15. ^ David, Ricky Ben (2019-02-27). "NY's Insight Venture Buys Portfolio From Israeli VC Firm Genesis Partners". NoCamels. Retrieved 2023-11-11.