Pitango VC

Summary

In 1993 was created Pitango Venture Capital, which is appeared as VC. The main department of described VC is located in the Herzliya. The company was established in Asia in Israel.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Pitango Venture Capital, startups are often financed by Lightspeed Venture Partners, Evergreen Venture Partners, C4 Ventures. The meaningful sponsors for the fund in investment in the same round are Poalim Ventures, C4 Ventures, Accel. In the next rounds fund is usually obtained by Vertex Ventures, Sequoia Capital Israel, Gemini Israel Ventures.

Opposing the other organizations, this Pitango Venture Capital works on 10 percentage points less the average amount of lead investments. The fund is generally included in 13-24 deals every year. The increased amount of exits for fund were in 2015. Speaking about the real fund results, this VC is 7 percentage points more often commits exit comparing to other organizations. When the investment is from Pitango Venture Capital the average startup value is 100-500 millions dollars. The common things for fund are deals in the range of 10 - 50 millions dollars. The important activity for fund was in 2007. Despite it in 2019 the fund had an activity.

The fund was created by Aharon Dovrat, Chemi Peres, Habib Hazzan, Rami Kalish. The overall number of key employees were 8.

We can highlight the next thriving fund investment areas, such as Biotechnology, Manufacturing. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight Graphcore, Formlabs, Taboola. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States.