Israeli startups raised nearly $405 million this November [Infographic]This November, 35 startups raised nearly $405 million from investors, mostly thank to Israeli-founded startup Compass that raised $100 million.
Every month Startup Israel Community publishes the list of Israeli startups who raised millions of dollars from investors, VCs and crowdsourcing.
This November, 35 startups raised nearly $405 million. That's incredible!
On top of the list, we can find the Israeli-founded real estate startup, Compass, that raised $100 million from Fidelity Investments, IVP and Wellington Management.
Compass, founded in 2012, is based in New York but co-founded by Ori Allon, who's also the president and owner of Hapoel Jerusalem Basketball Club. The money raised will be used to expand their services and develop a new CRM system to go with their real estate businesses.
The company raised a staggering total of $325 million, and their current value is $1.8 billion.
Another company worth mentioning is Yotpo after raising another $51 million. Their product is helping companies evaluate their product and improve their marketing strategies based on opinions collected from customers. Since its foundation in 2011, Yotpo raised $101 million.
Kim Kardashian announced investing and joining as an advisor in the Israeli-related startup Screenshop. The app fits like a glove to a fashion guru like Kim. You take a screenshot of any outfit you discovered online or on Instagram, and the app will suggest you similar clothes that you can purchase. The details of the deal with Kim Kardashian were undisclosed, but it got enough publicity to go bigger.
The most unique startup on this list is definitely AquiNovo, who raised $1.5 million. They developed a fish feed additive that makes the fish grow faster and better, increasing the profitability of fish farming.
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