Fintech

april, the AI-powered tax platform and Team8 portfolio company, has revolutionized tax filing by translating the 70,000+ page tax code into a user-friendly, mobile-first experience. This year, april partnerships with over 20 financial brands, including popular payroll, neobanking, and investment apps, to make the tax season a lot more pleasant for Americans. And the response was overwhelmingly positive, with 98% of users filing on a phone or tablet.

In today's fast-paced business world, accurate information is key. Yet, many CFO organizations struggle with data visibility, hindering effective financial strategies.  That's where Panax steps in with its innovative liquidity management platform. We're excited to lead Panax’s $15 million funding round, and believe in their ability to become a market leader, helping finance teams adapt to the digital age. Here's why we're backing Panax:

Recent years have ushered in an unprecedented wave of unicorns, startups that have defied all expectations to reach a billion-dollar valuation. In the context of the 2021 tech bubble - and the subsequent market correction - claims to the title for some companies in this camp were either premature or unwarranted. The hard truth is that achieving unicorn status signifies more than just financial success; it reflects a company’s capacity to disrupt the status quo with innovative solutions and exceptional business agility and resilience. 

Industry leaders share their 2024 Fintech Predictions (Warning: Spoiler Alert)!  Against a backdrop of geopolitical and macroeconomic uncertainty in 2023, there has been one constant: the resilience of the Israeli fintech ecosystem. In Israel, we relish the opportunity to tackle complex problems and challenge industry convention with state-of-the-art technology, providing the perfect conditions for innovation...

Issues across the global supply chain have been a major concern for many of us in recent years. The process of transporting goods from one location to another has become increasingly complicated, with longer delivery times, higher shipping costs, and significant delays putting extra stress on a fragmented logistics space. In addition, freight is one...

Israeli seed-stage companies spearheading the next wave of fintech innovation

After a rigorous process of establishing product-market fit, one of our home-grown foundry companies, 40Seas has emerged from stealth mode with a spectacular $111m funding raise.

When venture-backed companies were chasing growth metrics, higher cloud bills were shrugged off as unavoidable. But the exuberance of the last few years is fading, and investors are adopting a more somber approach to their portfolio companies’ financials. Usage-based cloud and SaaS services, which have become a major cost center, are coming into the spotlight.