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Top Startups

Calcalist's Complete 2019 Top 50 Startups List

Every year on Israel’s Independence Day Calcalist releases a ranking of the country’s top 50 most promising startups

Meir Orbach and Hagar Ravet 11:0310.05.19

Every year on Israel’s Independence Day Calcalist releases a ranking of the country’s top 50 most promising startups. To assemble this list, Calcalist approached many of the country’s most prominent investors, advisors, and entrepreneurs. We asked them which are the fastest-growing companies and which are the most profitable. We asked which companies enjoyed the biggest momentum in the past year, and which had the highest chance of making a meaningful business step in the coming year. The final list was assembled based on an analysis of this survey and on the insights of Calcalist’s tech writers and editors, who have a deep knowledge of the inner workings of Israel’s tech ecosystem.

 

See Calcalist’s top 50 startups project here.

 

Below is the complete list.

 

Riskified's team. Photo: Amit Sha'al Riskified's team. Photo: Amit Sha'al

 

#1 Riskified Ltd.

Product: anti-fraud tools for online retailers

Year founded: 2012

Founders: Eido Gal, Assaf Feldman

Employees: 330

Funding: $64 million

Investors: Pitango Venture Capital, Capital One Growth Ventures, Genesis Partners, Qumra Capital, Phoenix Holdings, Arno Group

 

#2 AppsFlyer Ltd.

Product: app user monetization monitoring tool

Year founded: 2011

Founders: Oren Kaniel, Reshef Mann

Employees: 626

Funding: $83.1 million

Investors: Goldman Sachs

 

#3 Sisense Ltd.

Product: business intelligence software for analyzing enterprise data

Year founded: 2004

Founders: Guy Boyangu, Aviad Harell, Adi Azaria, Eldad Farkash

Employees: 600

Funding: $200 million

Investors: Insight Venture Partners, Opus Capital, Battery Ventures, Bessemer Venture Partners

 

#4 Three fintech companies came in fourth:

 

BlueVine Capital Inc.

Product: financing for small and medium-sized businesses

Year founded: 2013

Funding: $140 million

Founders: Eyal Lifshitz, Moti Shatner, and Nir Klar

Number of employees: 270

Investors: 83North, Lightspeed Venture Partners, SVB Capital, Kima Ventures, Rakuten, Menlo Ventures, Citi Ventures, Correlation Ventures

 

Fundbox Inc.

Product: revolving line of credit for small businesses

Year founded: 2013

Funding: $140 million

Founders: Eyal Shinar, Tomer Michaeli, Yuval Ariav

Number of employees: 220

Investors: Blumberg Capital, Shlomo Kramer, Khosla Ventures, Tom Glocer, Alon Lifshitz

 

Behalf Ltd.

Product: instant off-bank commercial credit of up to $50,000

Year founded: 2012

Funding: $65 million

Founders: Benjy Feinberg, Jeremy Esekow, Shai Feinberg

Number of employees: 95

Investors: Maverick Ventures, Spark Capital, Viola Group, Sequoia Capital

 

Cloudinairy's team. Photo: Noga Shadmi Van De Reep Cloudinairy's team. Photo: Noga Shadmi Van De Reep

 

#5 Cloudinary Ltd.

Product: cloud-based image processing optimization tool

Year founded: 2012

Funding: $0

Founders: Itai Lahan, Nadav Soferman, Tal Lev-Ami

Number of employees: 185

 

#6 MinuteMedia Ltd.

Product: user-generated sports news outlets

Year founded: 2011

Funding: $100 million

Founders: Asaf Peled, Gili Beiman, Yuval Larom

Number of employees: 210

Investors: Qumra Capital, Goldman Sachs, Battery Ventures

 

#7 Drivenets Ltd.

Product: network management tools for communications service providers (CSPs)

Year founded: 2016

Funding: $110 million

Founders: Ido Susan, Hillel Kobrinsky

Number of employees: 150

Investors: Bessemer Venture Partners, Pitango Growth

 

#8 MyHeritage Ltd.

Product: online genealogy and genetic testing service

Year founded: 2003

Funding: $49 million

Founders: Gilad Japhet

Number of employees: 500

Investors: Accel, Gigi Levy-Weiss, Bessemer Venture Partners, Index Ventures, Yuval Rakavy

 

#9 GlassesUSA LLC

Product: online shop for affordable optical eyewear

Year founded: 2009

Funding: $40 million

Founders: Daniel Rothman, Eldad Rothman, Roy Yamner

Number of employees: 200

Investors: Viola Group

 

#10 Innoviz Technologies Ltd.

Product: low-cost LiDAR systems for autonomous vehicles

Year founded: 2016

Funding: $214 million

Founders: Amit Steinberg, Omer David Keilaf, Oren Buskila, Oren Rosenzweig, Zohar ZIsapel

Number of employees: 240

Investors: Samsung Catalyst, HiRain Technologies, Vertex Ventures Israel, Magma Venture Partners, Aptiv

 

#11 Lightricks Ltd.

Product: image and video editing mobile apps

Year founded: 2013

Funding: $70 million

Founders: Zeev Farbman, Amit Goldstein, Itai Tsiddon, Nir Pochter, Yaron Inger

Number of employees: 200

Investors: Insight Venture Management, Viola Ventures, ClalTech

 

Monday.com's team. Photo: PR Monday.com's team. Photo: PR

 

#12 Monday.com Labs Ltd. (formerly DaPulse Labs)

Product: team management software for organizations and businesses

Year founded: 2012

Funding: $84 million

Founders: Roy Man and Eran Zinman

Number of employees: 230

Investors: Stripes Group, Genesis Partners, Insight Venture Partners, Entry Capital

 

#13 Via Transportation Inc.

Product: ride-sharing app

Year founded: 2012

Funding: $387 million

Founders: Daniel Ramot and Oren Shoval

Number of employees: 400

Investors: Daimler, 83North, Hearst Ventures, Roman Abramovich, Pitango Venture Capital, Poalim Capital Markets

 

#14 Redis Labs Inc.

Product: database software management

Year founded: 2011

Funding: $138 million

Founders: Yiftach Shoolman and Ofer Bengal

Number of employees: 300

Investors: Dell Technologies, Francisco Partners, Goldman Sachs, Viola Ventures, Bain Capital

 

#15 Yotpo Ltd.

Product: online marketing platform for brands and companies

Year founded: 2011

Funding: $101 million

Founders: Tomer Tagrin, Omri Cohen

Number of employees: 400

Investors: Bessemer Venture Partners, ClalTech, Marker, Vintage Investment Partners, Vertex Ventures, Blumberg Capital, 2B Angels, Hanaco Venture Capital

 

#16 SimilarWeb Ltd.

Product: website traffic and user engagement analytics

Year founded: 2009

Funding: $112 million

Founders: Or Offer

Number of employees: 420

Investors: Viola Growth, Saban Ventures, Gigi Levy-Weiss, Moshe Lichtman, Naspers, Yossi Vardi

 

#17 Optimove (Mobius Solutions Ltd.)

Product: data and analytics-based services for optimizing customer marketing plans

Year founded: 2009

Funding: $20 million

Founders: Pini Yakuel

Number of employees: 230

Investors: Israel Growth Partners (IGP)

 

#18 Gong I.O Ltd.

Product: speech analysis tools providing real-time insights to accelerate over-the-phone sales

Year founded: 2015

Funding: $68 million

Founders: Amit Bendov and Eilon Reshef

Number of employees: 150

Investors: Battery Ventures, Norwest Venture Partners, Shlomo Kramer, Wing Venture Capital, NextWorld Capital, Cisco Systems

 

#19 EKO (Interlude US Inc.)

Product: interactive video creation tool

Year founded: 2016

Funding: $68 million

Founders: Barak Feldman, Tal Zubalsky, Yoni Bloch

Number of employees: 70

Investors: Sequoia Capital, Eric Schmidt, Intel, Samsung, Sony, MGM

 

#20 Guesty Inc.

Product: short term rental listings management service

Year founded: 2013

Funding: $60 million

Founders: Amiad Soto, Kobi Soto

Number of employees: 230

Investors: TLV Partners, Buran Venture Capital, Viola Growth, Vertex Ventures Israel, Magma Venture Partners

 

Otorio's team. Photo: Ofir Abe Otorio's team. Photo: Ofir Abe

 

 

#21 Otorio Ltd.

Product: cybersecurity services for industrial IoT

Year founded: 2018

Funding: $50 million

Founders: Daniel Bren, Yair Attar

Number of employees: 50

Investors: Andritz AG

 

#22 Elementor Ltd.

Product: front-end website building tools for WordPress

Year founded: 2016

Funding: Undisclosed

Founders: Yoni Luksenberg, Ariel Klikstein

Number of employees: 80

Investors: Undisclosed

 

#23 Claroty Ltd.

Product: cybersecurity for industrial networks

Year founded: 2014

Funding: $93 million

Founders: Amir Zilberstein, Benny Porat, Galina Antova

Number of employees: Undisclosed

Investors: Team8, Mitsui & Co., Innovation Endeavors, Temasek Holdings, Bessemer Venture Partners, Marker

 

#24 Next Insurance Inc.

Product: online insurance for entrepreneurs and small businesses

Year founded: 2016

Funding: $131 million

Founders: Guy Goldstein, Nissim Tapiro, and Alon Huri

Number of employees: 70

Investors: Redpoint Ventures, Munich Re, American Express, Ribbit Capital, TLV Partners, SGVC, Zeev Ventures

 

#25 Optibus Ltd.

Product: fleet management and optimization software for public transit operators

Year founded: 2014

Funding: $45 million

Founders: Amos Haggiag Eitan Yanovsky

Number of employees: 75

Investors: Alibaba, Insight Venture Partners, Pitango Venture Capital, Verizon

 

#26 Iguazio Systems Ltd.

Product: data management services designed to improve machine learning applications

Funding: $55 million

Investors: Dell, Pitango Venture Capital, Jerusalem Venture Partners (JVP), Magma Venture Partners, Samsung Ventures

 

#27 Cato Networks Ltd.

Product: software-defined wide-area network (SD-WAN) security

Funding: $125 million

Investors: Lightspeed Venture Partners, USVP Management Company, Singtel Innov8 Ventures

83North, Aspect Ventures

 

#28 Moovit App Global Ltd.

Product: free mobile navigation app offering real-time public transit information

Funding: $133 million

Investors: Gemini Israel Ventures, Sound Ventures, BRM Group, Vaizra Investments, BMW i Ventures, Vintage Investment Partners, Hanaco Venture Capital

 

#29 Puls Technologies Inc.

Product: marketplace for household appliance technicians

Funding: $93 million

Investors: Temasek Holdings, Hanaco Venture Capital, Viola Ventures, Samsung NEXT, Red Dot Capital Partners

 

#30 YouAppi Inc.

Product: customer acquisition and retention platform for mobile brands

Funding: $18 million

Investors: 2B Angels, Glilot Capital Partners

 

#31 Twiggle Ltd.

Product: e-commerce search engine

Funding: $35 million

Investors: State of Mind Ventures, MizMaa

 

#32 Autotalks Ltd.

Product: vehicle-to-vehicle communication chips

Funding: $80 million

Investors: Hyundai, Samsung, Toyota Motor, Magma Venture Capital, Gemini Israel Ventures

 

#33 StartApp Mobile Technologies Ltd.

Product: mobile advertising and customer engagement analytics company

Funding: $4.3 million

Investors: Cedar Fund, Ascent Venture Partners

 

#34 Glassbox Ltd.

Product: analytics of customer behaviour across digital platforms and mobile applications

Funding: $32.5 million

Investors: Updata Management, CreditEase

 

#35 Valens Semiconductor Ltd.

Product: semiconductor products for the delivery of uncompressed multimedia content

Funding: $167 million

Investors: Magma Venture Partners, Genesis Partners, Delphi Group, Linse Capital, Israel Growth Partners (IGP), Oppenheimer & Company

 

#36 SentinelOne (Sentinel Labs Inc.)

Product: cybersecurity software for endpoint devices and servers

Funding: $109.5 million

Investors: Third Point Ventures, Granite Hill Capital Partners

 

#37 Habana Labs Ltd.

Product: chips and processors optimized for artificial intelligence applications

Funding: $120 million

Investors: Intel Capital, Bessemer Venture Partners, Battery Ventures, WRV Capital

 

#38. Hibob Inc.

Product: a cloud-based human resources management system

Funding: $45 million

Investors: Bessemer Venture Partners, Battery Ventures, Fidelity International, Sumitomo Group

 

#39. Forter Inc.

Product: online transaction fraud prevention tool

Funding: $100 million

Investors: March Capital Partners, Salesforce Ventures, Sequoia Capital, New Enterprise Associates (NEA) and Scale Venture Partners (SVP)

 

#40 WhiteSource Software Inc.

Product: open source management and security processes automation service

Funding: $49 million

Investors: Susquehanna International Group, 83North, Microsoft's M12

 

#41 Aqua Security Software Ltd.

Product: cybersecurity for container-based and serverless applications

Funding: $100 million

Investors: Microsoft's M12, Insight Venture Partners, TLV Partners, Shlomo Kramer

 

#42 Prospera Technologies Inc.

Product: machine vision systems and software for optimizing farm production

Funding: $22 million

Investors: Bessemer Venture Partners, Qualcomm, Cisco

 

#43 Papaya Global Ltd.

Product: human resources and payroll management service

Funding: $4.5 million

Investors: New Era Ventures, Ronald Cohen

 

#44 Vayyar Imaging Ltd.

Product: 3D imaging sensors that can see through various natural and man-made barriers using low-power radio wave technology

Funding: $79 million

Investors: Battery Ventures, Bessemer Venture Partners, Israel Cleantech Ventures, ClalTech

 

#45 CTERA Networks Ltd.

Product: cloud storage, file sharing, and data protection services to enterprises

Funding: $100 million

Investors: Bessemer Venture Partners, Viola Group, Red Dot Capital Partners, Venrock, Cisco, Singtel

 

#46 Aidoc Medical Ltd.

Product: artificial intelligence-based medical imaging analysis software

Funding: $40 million

Investors: Square Peg Capital, Magma Venture Partners, TLV Partners, Emerge

 

Skyline AI's founding team. Photo: PR Skyline AI's founding team. Photo: PR

 

 

#47 Skyline AI Ltd.

Product: artificial intelligence tools for analyzing real estate data

Funding: $21 million

Investors: TLV Partners, Nyca Partners, Spark Capital, Jones Lang LaSalle (JLL), Arbor Ventures, iAngels, Sequoia Capital

 

#48 Wiliot Ltd.

Product: battery-free sensors that turn consumer goods into smart products

Funding: $50 million

Investors: Amazon's AWS, Samsung Ventures, Avery Dennison, Norwest Venture Partners, 83North, Grove Ventures, M Ventures, Qualcomm

 

#49 Cortica Inc.

Product: image recognition technologies for autonomous cars

Funding: $70 million

Investors: Horizon Ventures, Samsung Ventures

 

#50 StoreDot Ltd.

Product: quick-charging battery

Funding: $126 million

Investors: Samsung, BP Ventures, Singulariteam

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