Fractional CFO services in Tel Aviv

Tel Aviv anchors the world's third-largest startup ecosystem by output - 12,000 active startups, $12.2 billion raised by Israeli companies in 2024, and a unicorn conversion rate of 4.8% from seed (higher than the Bay Area).

The city's concentration of talent is unmatched outside the US: alumni of Unit 8200 and other elite intelligence units have founded or led Wiz, Sentinel One, Palo Alto Networks and dozens of second and third-generation cybersecurity companies, while Rothschild Boulevard and the Sarona district sit at the centre of a dense investor and co-working corridor.

We work with Tel Aviv-based startups from seed to Series B+, supporting them on cap table management, fundraise prep, financial modelling, equity/option grants, investor reporting and FP&A.

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Tel Aviv startup ecosystem

What makes Tel Aviv's startup ecosystem distinct - sector concentrations, geographic clusters and the talent pipeline that underpins the world's most productive startup city per capita.

Highest unicorn yield of any ecosystem globally

Tel Aviv produces more unicorns per seed-funded startup than any other city in the world - 4.8% of seed companies reach unicorn status, versus 3.6% in the Bay Area and 2.7% in Boston. Israel has 42 unicorns with a combined valuation exceeding $63 billion, and 83 new unicorns minted in the past five years. Wiz, Monday.com, Sentinel One, Wix, Gong and Lemonade are among the most recognisable.

Cybersecurity, AI and enterprise SaaS dominate deal flow

Cybersecurity accounts for the single largest slice of Israeli VC deal flow - a direct product of Unit 8200 alumni culture and decades of dual-use technology development. Enterprise software and AI are the next two largest verticals. Israel ranked 5th globally for VC raised in 2024 ($12.2 billion), behind only San Francisco, New York, London and Boston - despite a population of under 10 million.

Rothschild Boulevard, Sarona and Florentin

Rothschild Boulevard is Tel Aviv's startup spine - tree-lined and dense with VC offices, co-working spaces and early-stage company clusters. The Sarona Market district hosts a number of mid-stage tech companies and corporate innovation labs. Florentin, south of Rothschild, is where the younger, pre-seed scene concentrates. WeWork Aluf Kalman Magen and the Google Campus on Yitzhak Sadeh Street anchor the institutional infrastructure.

Military and university talent pipeline

Tel Aviv University, the Technion (Haifa), Reichman University (formerly IDC Herzliya) and the Hebrew University of Jerusalem feed engineering, computer science and life-sciences graduates into the city's startup machine. The Technion has produced more founders than any other non-US university. Critically, three to four years of mandatory military service - including elite units in intelligence, cyber and software - creates a secondary pipeline of technical operators with experience building mission-critical systems at scale.

Tel Aviv's active venture investors

Tel Aviv has one of the most concentrated local VC bases outside the US - multiple funds with deep sector expertise, active at every stage from pre-seed through growth. These are the investors most active in the city's venture-backed ecosystem.

Aleph

Aleph is one of Israel's most prominent early-stage VCs with $850M+ in assets under management. Founded in 2013, Aleph backs Israeli founders from seed through Series B across SaaS, fintech and AI. Portfolio includes Lemonade, HoneyBook, Melio and Windward.

Pitango Venture Capital

Pitango is Israel's oldest and one of its most prolific VCs, founded in 1993 with 250+ portfolio companies and 85+ exits. Runs three funds - First, Growth and HealthTech - covering seed through growth-stage. Portfolio includes Waze (Google-acquired), Mobileye and Given Imaging.

Viola Ventures

Viola Ventures manages $1.3 billion across six funds and backs Israeli technology companies from Series A through growth. Core focus areas include fintech, cybersecurity and enterprise software. Part of the broader Viola Group, which spans growth equity and credit alongside early-stage VC.

Glilot Capital Partners

Glilot Capital specialises in cybersecurity and enterprise software, with a defined thesis built on backing Israeli founders with Unit 8200 and intelligence community backgrounds. Portfolio includes Axonius, Hunters (now Sysdig-acquired), Aqua Security and Island.

OurCrowd

OurCrowd is Jerusalem-based but the region's largest equity crowdfunding and co-investment platform, with 225,000+ registered investors across 195 countries. Has deployed over $2.5 billion into 420+ Israeli and global startups, providing smaller rounds and angel-network access alongside traditional VC.

The Junction (F2 Venture Capital)

The Junction is Israel's most active pre-seed investment platform, operated by F2 Venture Capital. Backs founders from day zero with checks up to $4 million, guidance and a dense alumni network. Designed specifically for Israeli founders building globally from the outset.

Tel Aviv's landmark companies

Startups founded or headquartered in Tel Aviv that have defined their categories - referenced by investors as proof points for what the ecosystem can produce.

Wiz

Cloud security platform founded in 2020 by the team behind Microsoft Azure's cloud security group. Reached $10 billion valuation faster than any software company in history. Rejected a $23 billion acquisition offer from Google.

Monday.com

Work operating system listed on Nasdaq (MNDY) in 2021 at a $7.5 billion valuation. One of Israel's few large-cap public SaaS companies with consistent ARR growth above $800 million.

Gong

Revenue intelligence platform that analyses sales calls using AI. Raised over $584 million including a $250 million Series E at a $7.25 billion valuation. One of the highest-profile enterprise AI companies to emerge from the Israeli ecosystem.

Fiverr

Freelance marketplace founded in Tel Aviv in 2010 and listed on NYSE in 2019. Processes over $1 billion in gross marketplace value annually, connecting freelancers with buyers across 190 countries.

Wix

Website builder and SaaS platform listed on Nasdaq since 2011. Serves 240 million registered users globally. One of the first Tel Aviv tech companies to achieve large-cap status on US public markets.

Lemonade

AI-native insurance company listed on NYSE in 2020. Founded in Tel Aviv, now dual-headquartered in New York. Known for its flat-fee model, instant underwriting and charitable giving pledge from unclaimed premiums.

Simple pricing

No hidden costs, no complicated long-term contracts. We understand how important flexibility is for Tel Aviv startups.

Core£4,000

Per month

Accounting / FP&A tech stack implementation
Monthly financial statements and reporting pack
Quarterly board pack with detailed financial analysis (with variance analysis vs. budget, relevant KPI observations etc.)
Investor-friendly output

Grow£8,000

Per month

Everything in Core, plus
Operating model (via an online platform like Runway or Excel-based)
Ongoing model maintenance, refining projections, burn/runway management
Customer cohorts modelling, churn and retention analysis
LTV / CAC, unit economics analysis
Cap table management

Pro£12,000

Per month

Everything in Grow, plus
M&A / fundraising support; review of business plan
Pitch deck preparation
Investor approach strategy / list building
Due diligence support and deal negotiation
Valuation as required and free access to Multiples Pro

Packages shown are illustrative, final pricing is tailored to client requirements.

Recently completed fractional CFO projects

Selected fractional CFO engagements and prior CFO experience.

Fractional CFO

Data center developer and operator focusing on crypto and AI projects

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Software testing house providing independent QA to development teams

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Europe-wide online marketplace for last-mile vehicle transfer

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Software and payments solutions for maritime industry

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Display advertising platform with AI/ML and IoT expertise

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Financial platform for private equity and investment fundraising

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TBô is a Swiss DTC male underwear brand

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Private LTE & 5G networks solutions provider with edge cloud compute

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Medical cannabis leader with tissue culture technologies

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Medical cannabis group developing cannabis-based therapies

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Maritime cybersecurity and protective services company

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Global marketing services for mobile business growth

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AI-based software testing automation platform

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Full-stack insurance powered by AI and behavioral economics

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Software platform for third-party security management

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Autonomous drone monitoring for critical infrastructure

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Generative AI platform for marketing teams

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Travel and lifestyle hospitality for digital nomads

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Clinical-stage microbiome therapeutics company

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End-to-end cloud and DevOps solutions for telecom organizations

Got questions?

Schedule a call ordrop us an email to learn more about our CFO-as-a-service, capital raising and M&A advisory offering.

Unlike old-school financial advisory firms that are stuck in the past, we truly understand tech and challenges startups face. Decades of investment banking experience allow us to see bigger picture, strategically integrate into your workflows, and ultimately provide guidance towards an M&A exit or the next funding round.

Fractional CFO services in Tel Aviv

Tel Aviv startup ecosystem

Highest unicorn yield of any ecosystem globally

Cybersecurity, AI and enterprise SaaS dominate deal flow