TLV Partners Appoints Adi Yarel Toledano as Partner

Tel Aviv-based venture capital firm TLV Partners has appointed Adi Yarel Toledano as a partner and chief financial officer, the firm announced Thursday. Before joining as a fourth partner at TLV Partners, Yarel Toledano served for 14 years in a similar role at Magma Ventures Partners, where she took part in investments in companies such as navigation app company Waze, sold to Google in 2013 for $1.3 billion, and mobile analytics company Onavo Mobile Ltd., sold in 2013 to Facebook. She has two decades of experience in Israeli venture capital, also as senior manager of an audit team at Ernst & Young, where she specialized in venture capital.

Established in 2015, TLV Partners focuses on early stage investments. Its second fund closed at $150 million in February. The firm's portfolio companies include Next Insurance Inc., construction site app developer Buildup Technologies Inc., and Facebook ads analytics startup Oribi Inc.