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Wix

Founders Avishai Abrahami Giora Kaplan Nadav Abrahami

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 5
Average round size
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The average size of a deal this fund participated in
$15M
Portfolio companies 4
Rounds per year 0.28
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.20
Key employees Soon

Areas of investment

  • Internet
  • Communications Infrastructure
  • Productivity Tools
  • Email
  • Messaging
Summary

Wix appeared to be the Corporate Investor, which was created in 2006. The main department of described Corporate Investor is located in the Tel Aviv. The fund was located in Asia if to be more exact in Israel.

The fund is constantly included in less than 2 investment rounds annually. The usual things for fund are deals in the range of 1 - 5 millions dollars. The important activity for fund was in 2019.

This organization was formed by Avishai Abrahami, Giora Kaplan, Nadav Abrahami.

Among the most popular fund investment industries, there are Collaboration, Apps. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Spike For fund there is a match between the country of its foundation and the country of its the most frequent investments - Israel.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Wix, startups are often financed by Cubit Investments, Roy Oron, NFX. The meaningful sponsors for the fund in investment in the same round are Koa Labs.

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Funds investing in previous rounds
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Typical Co-investors
Wix is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Wix:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Spike

Apps
Collaboration
Communications Infrastructure
Digital Entertainment
Digital Media
Email
Internet
Messaging
Mobile
Productivity Tools
Web Apps
$23M11 Jul 2021 Israel, Tel Aviv District, Israel

Oriente

Asset Management
Credit
Financial Services
FinTech
Micro Lending
$50M28 Apr 2020 Hong Kong Island, Hong Kong, China

Spike

Apps
Collaboration
Communications Infrastructure
Digital Entertainment
Digital Media
Email
Internet
Messaging
Mobile
Productivity Tools
Web Apps
$5M27 Mar 2019 Israel, Tel Aviv District, Israel

Analytics
Content
Internet
Software
$150K01 Mar 2015 Tel Aviv-Yafo, Tel Aviv District, Israel
News
Connecteam Raises $37 Million to Accelerate Growth & Expansion of its all-in-one App for Deskless Employees

– Connecteam has announced the closing of a $37M funding round led by Insight Partners, OG tech, and Wix‘s leadership team.
– The company grew its team by 300% to meet the rising demand, to better connect teams and improve operational efficiency.
– Connecteam’s focus remains on providing a top tier product for deskless employees globally.
– Key milestones for the company have placed an emphasis on growing its R&D team, improving the end-user experience, and scaling its localization and language offerings.
– Connecteam is constantly enhancing its platform capabilities and is expected to grow its team by over 300% again in 2021.

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Total investments 5
Average round size 15M
Rounds per year 0.28
Peak activity year 2024
Lead investments 1
Follow on index 0.20
Group Appearance index 0.40

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Spike

Apps
Collaboration
Communications Infrastructure
Digital Entertainment
Digital Media
Email
Internet
Messaging
Mobile
Productivity Tools
Web Apps
$23M11 Jul 2021 Israel, Tel Aviv District, Israel

Oriente

Asset Management
Credit
Financial Services
FinTech
Micro Lending
$50M28 Apr 2020 Hong Kong Island, Hong Kong, China

Spike

Apps
Collaboration
Communications Infrastructure
Digital Entertainment
Digital Media
Email
Internet
Messaging
Mobile
Productivity Tools
Web Apps
$5M27 Mar 2019 Israel, Tel Aviv District, Israel

Analytics
Content
Internet
Software
$150K01 Mar 2015 Tel Aviv-Yafo, Tel Aviv District, Israel
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