Tech on the Roof
Software companies showed “incredible growth and resiliency” during the pandemic, says iAngels Founding Partner
Speaking at Calcalist’s Tech on the Roof event, Shelly Hod Moyal outlines some of the sectors that have persevered - and thrived - during Covid-19
“There were certain sectors - for example, digital health and foodtech - that actually received tailwinds because of the pandemic,” said Shelly Hod Moyal at Calcalist’s Tech on the Roof event. “Digital companies or software companies that actually helped enterprises be more digital and automated have also grown significantly. And so there are many investment opportunities because of the pandemic.
In total, Moyal and the team at iAngels have made a total of 28 investments this year, between new investments and investments into existing companies within their portfolio. “If there’s anything that people realize, it’s that even during Corona, companies continued paying their software bills. That didn’t change,” she added.
Moyal highlighted how software and digital software spaces have shown “incredible growth and resiliency” during the pandemic, highlighting “Fintech and Blockchain have been huge beneficiaries of this period where people were at home and started, rather than working, building their equity and investing and looking for new and innovative ways to invest.”
You can watch the entire exchange in the video above