The five biggest Israeli tech funding rounds of 2025
Cyera, Rapyd, Armis, Cato Networks, Deel, AI21 Labs, and Eon lead Israel’s high-tech funding surge in 2025 with mega-rounds totaling billions.
Israeli technology companies raised dozens of large financing rounds in 2025, but a small group stood out for their sheer scale. Together, the five largest fundraisings of the year highlight both the continued global appetite for Israeli innovation and the sharp concentration of capital at the top end of the market.
These rounds were part of 24 “mega-rounds” of $100 million or more completed by Israeli tech companies during the year. Cybersecurity, fintech, cloud infrastructure and artificial intelligence dominated the list, reflecting where investors were most willing to commit very large sums despite a more selective global funding environment.
Below are the five largest Israeli high-tech funding rounds of 2025, ranked by size. Cyera, which raised two major rounds during the year, is counted once.
Sector: Cybersecurity
Valuation: $6 billion in Series E; later $9 billion
Cyera leads the list by a wide margin. The Israeli data security company raised $540 million in a Series E round, doubling its valuation to $6 billion just six months after its previous financing. Only a few months later, it followed with an additional $400 million round led by Blackstone, lifting its valuation to $9 billion.
Founded in 2021 by Yotam Segev and Tamar Bar-Ilan, Cyera develops an AI-driven platform for discovering, classifying and protecting sensitive enterprise data. The company’s rapid valuation jump reflects growing concern among large organizations about data exposure as AI systems become more deeply embedded across operations.
Sector: Fintech / Payments
Valuation: ~$4.5 billion
Rapyd’s $500 million funding round was raised to complete its $610 million acquisition of PayU, marking one of the largest corporate-financing events in Israeli tech this year.
Founded in 2015, Rapyd operates a global payments platform supporting bank transfers, digital wallets and cash payments. While the round valued the company below its 2021 peak, it pushed Rapyd’s total funding past $1 billion and helped grow its workforce to roughly 1,600 employees, with annual revenues exceeding $1 billion following the acquisition.
Sector: Cybersecurity
Armis raised $435 million in one of the year’s largest private cybersecurity financings, led by Growth Equity at Goldman Sachs Alternatives with parcticipation from CapitalG.
Just one month later, the Israeli-founded company was acquired by ServiceNow for $7.75 billion in cash, making it the fourth largest M&A transaction in Israeli tech history. Armis recently surpassed $340 million in annual recurring revenue, adding $100 million in under a year.
Sector: Cybersecurity / Networking
Valuation: $4.8 billion
Cato Networks secured $359 million in Series G funding, raising its valuation from $3 billion to $4.8 billion. Roughly one-third of the round went to employee secondary sales, giving long-time staff partial liquidity as the company delayed a long-anticipated IPO.
Founded by Shlomo Kramer, Cato has now raised more than $1 billion in total.
5 (tie). Three companies raise $300 million each
Three Israeli companies shared fifth place, each completing $300 million rounds in 2025 across very different segments of the tech market.
- Deel (HR and payroll) raised $300 million at a $17.3 billion valuation, despite ongoing legal disputes. The company surpassed $1 billion in annual recurring revenue and reported three consecutive profitable years.
- AI21 Labs (artificial intelligence) raised $300 million to advance its enterprise-focused generative AI systems, bringing total funding to $636 million. The company is positioning itself around reliability and trust in business AI deployments.
- Eon (cloud infrastructure) raised $300 million at a $4 billion valuation, nearly tripling its value in a year. Founded in 2024, the company focuses on automating cloud backups and turning stored data into usable insights.
