Avishai Abrahami

Avishai Abrahami ( born May 3, 1971) is an entrepreneur, software developer, business person and investor. He is the co-founder and CEO of Wix.com, a SAAS website building platform.[1][2]

Early life and education

Abrahami was born and raised in Israel.[3] Abrahami carried out his mandatory military service in the Israel Defense Forces’ in the Unit 8200 cybersecurity unit.[4][5][6] Abrahami left Unit 8200 in 1992 and went to college. He dropped out after three months.[7]

In 2006, Abrahami co-founded Wix.com with his brother, Nadav Abrahami, and Giora Kaplan.[8][9] When the company was founded, Abrahami became the CEO.[10] When the company became publicly traded, Abrahami became board chair in addition to his existing role as the CEO.[11] In 2016, Abrahami became honorary chairman and Mark Tluszcz became chairman of the board. During the COVID-19 pandemic, Abrahami presided over record growth of the company as many customers moved their businesses online.[12][13] The company reached $12 billion market capitalization in the summer of 2020.[14]

Investments

Abrahami is an active angel investor. In 2022, it was reported that he had stakes in 14 different companies which made exits.[15]

Founder, Roy Man, met Abrahami as an employee at Wix when he started what later became Monday.com.[16] Wix became the first customer and Man explained that Abrahami "helped us identify the challenge of harnessing people at work into a certain direction" Abrahami was an initial investor alongside Insight Venture Partners and others.[17] He joined the board of directors in 2012[18] and owned a 4% stake in the company at IPO in 2021.[19][20]

Abrahami had invested and was on the board of Soluto, an IT support firm, before selling his share in the business when it was acquired by Asurion in 2013 for $130 million.[21][22]

Alongside Oren Zeev, Gigi Levy-Weiss, Sir Ronald Cohen and others, Abrahami was an early investor in health startup Lumen[23]

Abrahami was a seed investor in Unlimited Robotics, alongside Micha Kauffman, CEO and co-founder of Fiverr.[24]

Personal life

Abrahami lives in Israel. His interests include AI, entrepreneurship, and coding. He practices Ninjutsu.[25] He is married and has two daughters.