Welcome to the iAngels monthly Deal Digest, a summary of movements in the Israeli startup market.

This month we are starting off 2018 with 19 announced deals totaling $235M, including 6 exits totaling $247M, including WeissBeerger, an iAngels portfolio company acquired by the world’s largest brewer for an estimated $80M.

Read on for the full scoop!

 

January 2018 Investment Highlights

 

Seed Rounds

 

 

Series A Rounds

 

Series B Rounds

 

  • Nexar, a dashcam recording app that uses artificial intelligence to analyze road conditions and warn of hazardous events, has raised $30M in a series B round led by Ibex Investors, with participation from Alibaba Innovation Ventures, Mosaic Ventures, Nationwide Insurance, Aleph, Slow Ventures, True Ventures, and Tusk Ventures.
  • Hippo insurance, a company that uses modern technology to provide home insurance, has raised a $25M Series B round led by Comcast Ventures and Fifth Wall.
  • Bringg, a delivery logistics platform that offers Amazon/Uber visibility to deliveries, has raised $12M in Series B funding, from Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures.
  • Centerity, a developer of advanced performance analytics and business services management (BSM) for complex technology environments (IT & IoT), has raised $10M in funding from Merlin International.

 

 

Growth/Miscellaneous Rounds

 

 

 

M&A and IPOs

 

On behalf of everyone at iAngels, I’d like to thank you for tuning into our deal digest. If you’d like to receive our monthly digest in your inbox, please subscribe below.

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Best,
Avi

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