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