Israel Growth Partners

What Israel Growth Partners does

Israel Growth Partners (IGP) is a Herzliya, Israel-based growth equity firm founded in 2014 that invests growth capital in Israeli-related technology companies at growth and late stages. The firm manages three funds totaling approximately $800 million in assets under management, with check sizes ranging from $10 million to $110 million and an average entry check of $19 million. IGP has invested in 23 portfolio companies spanning cybersecurity (SafeBreach), digital forensics (Cellebrite), insurance technology (Novidea), HR technology (HiBob), digital construction (Locusview), counter-drone defense (D-Fend), fintech (Earnix), cloud storage (Zadara), semiconductors (Valens, ColorChip), and e-commerce (R2NET/JamesAllen), among others, achieving 8 exits and 2 IPOs to date.

The firm operates a hands-on, value-added investment model led by co-founders Moshe Lichtman (former Microsoft Corporate VP and head of Microsoft's Israel R&D center) and Haim Shani (former CEO of NICE Systems where he grew revenue from $100M to $700M and market value from $100M to $2.5B), supported by General Partner Uri Erde, Partners Yoni Levy and Amir Oliker, VP Finance Maya Bareket, and Office Manager Efrat Brouner. IGP generates revenue through conventional fund economics: recurring management fees on assets under management plus performance-based carried interest from successful portfolio company exits and IPOs.

Notable exits include the sale of Panaya to Infosys for $200 million, the sale of LiveU to Carlyle for over $400 million, the SPAC IPO of Cellebrite at a $2.4 billion valuation, the 2025 acquisition of Locusview by Itron for $525 million, and the 2026 acquisition of D-Fend Solutions by Motorola Solutions for $1.5 billion. IGP targets growth-stage companies with proven product differentiation, technological advantage, and top-tier management teams, and provides strategic guidance and operational support alongside capital deployment, with the explicit goal of building large independent category-leading companies rather than engineering early exits.

Name

Israel Growth Partners

Legal name

Israel Growth Partners (IGP) Ltd.

Website

https://igpcapital.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Israel Growth Partners is a Herzliya, Israel-based growth equity firm founded in 2014 that invests $10M-$110M in Israeli-related growth-stage technology companies across cybersecurity, fintech, defense, and enterprise software, managing $800M across three funds with 23 portfolio companies.

Ownership category

akta.pro rank

Product category

Growth Equity / Private Equity / Venture Capital

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Technology & Software Growth Equity (FSANACAA)

Keywords

• Growth equity investing
• Venture capital firm
• Late-stage investments
• Technology growth fund
• Private equity

Headquarters

HQ city

Herzliya

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management Fees: VC/growth equity firm earning management fees from funds under management
2. Carried Interest: Performance-based carried interest from successful portfolio company exits and IPOs

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Israel Growth Partners (IGP) is a growth-stage venture capital and private equity firm that provides growth capital, strategic guidance, and hands-on value-added support to Israeli-related technology companies at the growth and late stages. The firm manages three funds totaling $800M, invests $10M–$110M per company with an average entry check of $19M, and partners with portfolio companies to help them scale into global category leaders. IGP does not sell software or technology products; it sells fund commitments to limited partners and delivers capital and operational expertise to portfolio companies.

Product overview

Israel Growth Partners (IGP) is a growth-stage venture capital and private equity firm that provides growth capital, strategic guidance, and hands-on value-added support to Israeli technology companies. IGP does not offer a product or software platform — its core offering is investment capital and operational expertise to help portfolio companies scale into large global category leaders. IGP manages three funds with approximately $800M under management, has invested in 23 portfolio companies, and has achieved 8 exits and 2 IPOs.

Differentiator

Problem solved

Functional benefit

Products and services

• IGP Fund I First growth investment fund of Israel Growth Partners, used to deploy growth equity capital into Israeli-related technology companies at growth stage. Offered to institutional limited partners.
• IGP II (IGP Fund II) Second growth investment fund of Israel Growth Partners, continuing the firm's strategy of deploying growth equity capital into Israeli-related technology companies at growth stage. Offered to institutional limited partners.
• IGP Fund III Third growth investment fund of Israel Growth Partners, bringing the firm's total assets under management to $800M and continuing growth equity investments in Israeli technology companies. Offered to institutional limited partners.
• Strategic guidance and hands-on value-added portfolio support Operator-level strategic guidance and hands-on experience provided by IGP's partner team of former technology executives to portfolio companies, supporting their path to becoming large global category leaders. Delivered alongside growth capital to portfolio companies.

Quantifiable outcome

• 8 successful exits and 2 IPOs (Cellebrite and Jacada)
• +2 more outcomes

Named customers23 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Portfolio CompaniescoreStrategic or Co-development Partner23 portfolio companies including D-Fend, HiBob, Novidea, DealHub, SafeBreach, and others across various technology sectors

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• General Atlantic: Global growth equity investor with active Israeli tech portfolio (e.g., kavout). Comparable in growth-stage focus but operates globally at much larger scale.
• Bessemer Venture Partners: Global growth equity investor with Israel-focused activity. Comparable in growth-stage tech investing, but operates globally with broader sector exposure.
• Insight Partners: Global growth equity firm with significant Israeli portfolio (e.g., Dataloop, Armis). Comparable as a growth-stage tech investor overlapping on Israeli deals, but with much larger AUM.
• Sequoia Capital: Global venture/growth firm with an active Israel practice. Comparable as a category-leading tech growth investor, though Sequoia's mandate is global and much larger.

Direct peers

• Vintage Investment Partners: Israel-based investment firm with secondary and growth investments in Israeli tech. Comparable as an Israeli-domiciled growth investor; IGP's Yoni Levy was formerly a Partner at Vintage.
• Jerusalem Venture Partners (JVP): Israel-based venture and growth capital firm with strong enterprise software and cybersecurity focus. Closely comparable given shared geography and growth-stage orientation.
• Pitango Venture Capital: One of Israel's largest venture/growth capital firms with a long history of Israeli tech investments. Comparable as a fellow Israeli growth investor with similar sector breadth.
• Aleph: Israel-focused early-to-growth stage venture firm. Comparable as a fellow Israeli tech investor, though Aleph skews earlier than IGP.
• Viola Ventures: Israel-focused growth and venture capital firm investing in Israeli technology companies. Directly comparable to IGP given shared Israeli tech thesis and growth-stage focus.

Regional players

• Arbor Ventures: Tel Aviv-based early/growth venture firm focused on Israeli fintech and enterprise tech. Comparable Israeli-domiciled growth investor but smaller and more fintech-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/israel-growth-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments31 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Israel Growth Partners