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

This August we tracked 25 announced deals totaling at approximately $1.74 Billion, and 3 exits of $269 million.

HealthTech and AI Intelligence were the two top-performing sectors this month. Gong, a revenue intelligence company for sales teams, raised $200 million in a Series D financing round  led by Coatue and with participation from Index Ventures, Salesforce Ventures and Thrive Capital. Amwell, a telehealth leader, closed its Series C financing round, adding $194 million in funding across two tranches. Many early investors and strategic partners participated in this round, including Allianz X and Takeda.

On the M&A side, we tracked one acquisition in the media sector. IMGN Media, the shareable social media content and mobile-first platform company was acquired by Warner Brothers for “just under $100 million”. 

Seed Round

A Round

 

 

B Round

C Rounds

 

Growth/Misc. Rounds

 

M&A/IPO