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

This June we tracked 31 announced deals totaling $981M, and 5 exits totaling $207M.

IT & Enterprise Software was the leading sector this month. TripActions, a technology-enabled corporate travel management platform, raised $250 million in a Series D financing round led by Andreessen Horowitz with the participation of Group 11, Lightspeed, and Zeev Ventures. SentinelOne, a company that delivers autonomous endpoint protection through a single agent that prevents, detects, responds and hunts attacks on-premise and cloud environments, raised $120 million in a Series D financing round led by Insight with participation of NextEquity, Redpoint Ventures, Samsung Ventures, SineWave Ventures, Sound Ventures, Third Point Ventures, Tiger Global, UpWest, Westly Group, Granite Hill, Data Collective, Accel and a private investor.

On the M&A and IPO side, we saw one large acquisition, Creso Pharma, and one large IPO, Fiverr. Creso Pharma, a public company that provides cannabis-derived therapeutic grade nutraceutical products, developing, registering, and commercializing pharmaceutical-grade cannabis and hemp-based products and treatments, was acquired by PharmaCielo for $85 million. Fiverr, a marketplace for creative and digital services, such as graphic design, copywriting, voiceovers, and music and film editing, raised $110 million in its initial public offering on the New York Stock Exchange.

June 2019 Investment Highlights

Seed Rounds

A Rounds

 B Rounds 

Growth/Miscellaneous Rounds

M&A and IPOs

 

On behalf of everyone at iAngels, I’d like to thank you for tuning in to our Israel Deal Digest. If you’d like to receive a version direct to your inbox, please subscribe below.

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Best,
Massimo

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