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Joonko

18 stories about Joonko

She raised $27 million for Joonko. Now Ilit Raz faces up to 20 years in prison

14.09.26|CTech

The Joonko founder pleaded guilty to securities fraud after prosecutors said she misrepresented the startup’s customers and revenue and fabricated bank statements and purchase orders to secure investments from investors.

Joonko to pay $500,000 to ex-CEO Ilit Raz as part of court-approved settlement

24.06.25|CTech

The agreement closes out legal claims in bankruptcy court but leaves separate fraud proceedings unresolved.

SEC charges Joonko founder Ilit Raz with $21 million fraud

12.06.24|CTech

Raz allegedly used fabricated customer testimonials, forged contracts, and falsified bank statements to secure funding.

Joonko files for Chapter 11, plans to distribute remaining $4.25 million to investors

19.05.24|CTech

The startup's operations effectively came to an end last summer after Ilit Raz, the former CEO of Joonko, left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct.” After leading the investigation on behalf of the investors and the management, COO Ilan Band is now seeking to complete the closure of the company

Former Joonko CEO Ilit Raz suing company for $300,000 in legal expenses

23.01.24|Meir Orbach

Raz, who left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct”, is alleging corporate failure to cover attorney expenses related to an investigation

Gilad Tauber Oren Sharon Tiran Rothman Adi Nov

How healthy due diligence can save investors from the next Joonko or Vesttoo

07.09.23|James Spiro

As more companies get exposed as fraudulent, CTech hears from experts in the field about how to spot potentially troubling companies

Nurturing trust: The vital pillar between investors and startup founders

17.07.23|Adi Gozes

“When investors and founders trust one another, it lays the groundwork for effective decision-making and the ability to weather challenges together,” writes Adi Gozes of Entrée Capital

Joonko fraud: 5 warning signs for entrepreneurs and investors

05.07.23|Moran Chamsi

Although one rotten apple is unlikely to ruin the entire bowl, the exposure of fraud at startup Joonko in recent days raises suspicions about the prevalence of invalid norms throughout the entire Israeli high-tech industry. Here are five valuable lessons that can be learned from this incident

How did the CEO of Insight Partners-backed startup Joonko raise $38 million with false figures?

27.06.23|Meir Orbach

Ilit Raz is being accused by the board of having “engaged in egregious, unethical and fraudulent conduct” after an investigation found that she allegedly misled investors regarding the company’s actual number of paying customers

Joonko on verge of shock closure; Board claims CEO "engaged in fraudulent conduct"

25.06.23|Meir Orbach

According to a statement from the Joonko board, CEO Ilit Raz “was found to have engaged in egregious, unethical and fraudulent conduct, which caused harm to the company and its shareholders.” Joonko raised a $25 million Series B last September led by Insight Partners, with support from Target Global

Pich Mind The Tech London Ilit Raz וידאו

Joonko : Diversity in hiring via an AI-powered automated solution

27.03.23|CTech

“The longer vision is to focus on how we retain underrepresented talent.”

10.01.23|CTech

Learning about the challenges of retaining talent from underrepresented groups helped spur Ilit Raz, founder and CEO of Joonko, to be part of the solution.

The founder bringing diversity to the workplace

06.11.22|Noa Gadot

Ilit Raz, CEO and founder of Joonko, was never good at school and yet her startup has raised $40 million to develop an automated sourcing platform focused solely on underrepresented candidates

Joonko raises $25 million Series B to increase workplace diversity

13.09.22|Meir Orbach

The Israeli startup’s recruitment solution assists companies in achieving their diversity, equity and inclusion goals through its ecosystem that identifies and suggests pre-qualified candidates from across a range of underrepresented sectors

מימין גיא גרינולד עילית רז אלעד שמילוביץ ג'ונקו joonko

Joonko closes $10 million Series A led by Vertex Ventures Israel

10.08.21|CTech

The human resources recruiting startup aims to achieve diversity with its artificial intelligence-powered automated solution

Covid-19: Nature’s accelerator program for HR Tech

23.08.20|James Spiro

The Coronavirus pandemic forced tech companies to adopt virtual strategies that were only expected to take effect in the future. Nowhere was that felt more than the human capital management sector

תור לקבלת ויזה ואישורי כניסה ב שגרירות ארה"ב ב תל אביב

What has Trump done to anger Israel's techies and is Apple’s senior Israeli executive the company’s real MVP?

23.06.20|CTech

CTech Daily Roundup: Tens of thousands of Israeli techies stuck in their tracks due to Trump visa decree

Achieving diversity means going remote, says Joonko CEO

23.06.20|James Spiro

Ilit Raz, Co-Founder and CEO of Joonko, talks with CTech about remote working, Covid-19, and the future of work