Genesis Partners

Genesis Partners is an Israeli venture capital firm, founded in 1996 by Eddy Shalev and Eyal Kishon.[2]

Overview

Genesis Partners investment strategy is focused on early-stage Israeli innovation-driven technology companies. The company invests in communications & wireless technologies, infrastructure software & hardware, enterprise software, internet applications and services, digital media, consumer applications and services, mobile applications and services. Genesis has over $20 billion in assets under management and has invested in over 300 companies, including Any.do, Allot Communications, AudioCodes,[3] ClickSoftware Technologies, Compugen, eToro, Homeis,[4] Innovid, JoyTunes,[5] Kidaro,[6] Monday.com, PrimeSense,[7]Radwin, Riskified,[8] Sisense, SolarEdge[9] Valens Semiconductor.[10][11]

In 2011, Genesis Partners launched The Junction, Israel's first open house for entrepreneurs.[12] Entrepreneurs who are selected to work on their venture at The Junction for six months, before ending their experience in a Demo Day to Israeli angel investors and venture capital firms.

The firm's partners include Eddy Shalev, Eyal Kishon, Gary Gannot, Jonathan Saacks and Hadar Kiriati.[2]

In 2016, three members of the senior investment team, including Jonathan Saacks and Eddy Shalev, spun out with a seed stage fund, F2 Venture Capital, and took over management of The Junction.[13] In 2019, Insight Venture Partners announced purchasing a majority of the portfolio of Genesis Partners fourth fund named Genesis Partners IV.[14] Eyal Kishon, Eddy Shalev, Jonathan Saacks, and Gary Gannot would remain on their investment boards, per the agreement.[15]

See also

  • Venture capital in Israel
  • Silicon Wadi
  • List of Israeli companies quoted on the Nasdaq
  • List of multinationals with research and development centres in Israel
  • Yozma Fund

References

  1. Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners Calcalist^
  2. Genesis Partners Genesis Partners, retrieved 2012-07-04^
  3. Amarelle Wenkert. Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners CTECH - www.calcalistech.com, 2019-02-26, retrieved 2021-08-17^
  4. Brian Blum. Israeli expat in NYC creates website to help immigrants ISRAEL21c, 2019-12-15, retrieved 2021-08-17^
  5. Amarelle Wenkert. Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners CTECH - www.calcalistech.com, 2019-02-26, retrieved 2021-08-17^
  6. Microsoft to Expand Investment in Desktop Virtualization With Acquisition of Kidaro Microsoft, December 8, 2012, retrieved 2014-05-03^
  7. Apple Confirms Acquisition of 3-D Sensor Startup PrimeSense^
  8. Riskified Official Website^
  9. 126 Million Dollar IPO Solaredge Cleantechnica, March 30, 2015^
  10. .HDTV transmission startup raises $7 million, Peter Clarke, EE Times, 7/17/2007^
  11. Valens Semiconductor Seals $14M, PE Hub Network – The Community for Professionals in Private Capital; July 6, 2011^
  12. Home for entrepreneurs The Junction, retrieved 2012-07-04^
  13. Lora Kolodny. "Genesis Partners spins out $50 million fund, F2 Capital, to back early-stage startups in Israel" TechCrunch, December 1, 2016, retrieved August 12, 2022^
  14. Amarelle Wenkert. Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners CTECH - www.calcalistech.com, 2019-02-26, retrieved 2021-09-11^
  15. Ricky Ben David. NY's Insight Venture Buys Portfolio From Israeli VC Firm Genesis Partners NoCamels, 2019-02-27, retrieved 2023-11-11^