Liquidity Capital Announces Close of $30 Million Revenue-Share Financing Fund

Tel Aviv-based Liquidity Capital, of Tel Aviv-listed investment house Meitav Dash Investments Ltd., has made a first close of an investment fund with $30 million in commitments, Liquidity announced Tuesday. Meitav Dash has committed $7 million of the sum.

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More than 50 private PLs and family wealth management companies committed to the fund, Liquidity stated, adding that it intends to raise additional commitments in the next few months. Founded in 2017, Liquidity offers companies financing against future revenues. The firm intends to invest in companies with annual sales of over $3 million.

"Unlike investment funds or those that provide loans, we do not ask for collateral or equity,” Liquidity CEO Ron Daniel said in a Monday interview with Calcalist. Rather, the fund finances companies according to specific milestones, he said, for the opportunity to “buy” future revenues at a discount.

Founded in 1982 and based in the Tel Aviv suburb of Bnei Brak, Meitav Dash employs 850 people, according to Pitchbook data, and has over $32 billion in assets under management.