Aleph Venture Capital Raises a $200 Million Third Fund

Tel Aviv-based Aleph Venture Capital has raised a $200 million third fund, Michael Eisenberg, partner and co-founder of Aleph, announced Tuesday.

Aleph had previously raised a $180 million second fund in 2016, and a $150 million fund in 2013. Aleph portfolio companies include AI-based catering startup Platterz Inc., business analytics startup Anodot Ltd., and online event planning startup HoneyBook Inc.

In a recent interview with Calcalist, Eisenberg said that Israeli companies need to be less shy and aim for bigger outcomes such as attempting an initial public offering. Eisenberg was an early investor in the now-ailing coworking company WeWork and in online insurance company Lemonade Inc. Both companies have recently postponed their planned IPOs.