New Israeli Unicorn Emerges After Insight Partners-Led Round
Bloomberg 2/22/2021 Ivan Levingston © Bloomberg Erel Margalit, founder of Jerusalem Venture Partners and a member of Israel s parliament, the Knesset, speaks during a Bloomberg Television interview in New York, U.S., on Thursday, April 7, 2016.
(Bloomberg)
Israeli startup Earnix Ltd., which uses advanced analytics to help insurers and banks offer personalized financial products, reached a $1 billion valuation in a financing round led by Insight Partners.
Existing investors Jerusalem Venture Partners, Vintage Investment Partners and Israel Growth Partners joined the New York firm in the $75 million round that vaulted Earnix to so-called unicorn status. Earnix’s first new funding since 2017 brings total capital raising to more than $100 million.
Earnix to become Israeli tech s newest unicorn with $75 million funding
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Израильский финтех-стартап Earnix стал «единорогом»
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Vintage Investment Partners Signs United Nations Supported Principals for Responsible Investment (UN PRI)
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TEL AVIV, Israel, Jan. 25, 2021 /PRNewswire/ Vintage Investment Partners announced today that it has become a signatory and partner to the PRI. The PRI is an international global network of investors, asset managers, owners, and service providers, working together to put responsible investing into practice. The principles, which are voluntary, aim to provide a framework into the investment decision making process and ownership practices.
Vintage Investment Partners believes in the importance of responsible investing in creating positive business growth. By becoming a signatory, Vintage is publicly demonstrating its commitment to responsible investment, incorporating environmental, social and governance (ESG) factors in its investment decisions. Vintage s objective is to help shape a more sustainable global tech system wh