Grove Ventures
Grove Ventures is an early-stage Israeli venture capital firm managing $500M+ AUM, investing pre-seed to Series A in Enterprise AI, Deeptech, AI Infrastructure, and Healthtech companies, founded in 2017 by four operator-Managing Partners.
- Company typePrivate
- Founded2017
- HeadquartersTel Aviv, Israel
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Grove Ventures does
Grove Ventures is an early-stage venture capital firm headquartered in Tel Aviv, Israel, founded in 2017 by four Managing Partners — Dov Moran, Lior Handelsman, Lotan Levkowitz, and Renana Ashkenazi. The firm invests pre-seed and seed capital into Israeli technology companies, with an active focus on Enterprise AI, Deeptech, AI Infrastructure, and Healthtech. Grove manages more than $500 million in assets under management across multiple funds and has backed 43+ portfolio companies since inception, including Wiliot, Navina, NoTraffic, Quantum Source, Ramon.Space, Majestic Labs, Scala Biodesign, Onfire, OneLayer, and RapidAPI.
The firm's value proposition is anchored in operator experience: each Managing Partner has previously founded or scaled a technology company (notably M-Systems, acquired by SanDisk for ~$1.6B, and SolarEdge, listed on NASDAQ: SEDG). Beyond capital, Grove provides hands-on strategic support, hiring guidance, technical-complexity advisory, and access to a curated Perks Platform and the annual Shift Happens event. Distribution and deal sourcing occur through direct founder engagement, co-investor relationships, and the firm's portfolio-founder referral network.
Grove's revenue model follows standard VC economics: recurring management fees on committed capital (typically ~2% of AUM) and performance-based carried interest (typically ~20% above a hurdle) generated through portfolio exits. To date, the firm has produced multiple material exits, including NeuroBlade (acquired by AWS), CommonGround (acquired by Apple), Teramount (acquired by Molex), Mirato (acquired by Sayari), and Lumigo (acquired by Dash0). Grove's customers are structurally dual-sided — institutional Limited Partners providing fund capital and early-stage founders receiving investment — and the firm operates as an independent, privately held GP entity (Grove Ventures Capital (GP) Ltd.) registered in Israel.
Grove Ventures firmographics
Firmographics- Name
- Grove Ventures
- Legal name
- Grove Ventures Capital (GP) Ltd.
- Website
- https://grovevc.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Grove Ventures is an early-stage Israeli venture capital firm managing $500M+ AUM, investing pre-seed to Series A in Enterprise AI, Deeptech, AI Infrastructure, and Healthtech companies, founded in 2017 by four operator-Managing Partners.
- Ownership category
- akta.pro rank
Grove Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
- akta.pro secondary industries
- Early-Stage Venture Capital (Series A/B) (FSANAAAB), Micro-VC & Angel Funds (FSANAAAI)
Keywords
Where Grove Ventures is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
Grove Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: VC firms typically charge management fees on committed capital (typically 2% of AUM annually), which cover operational expenses and fund management activities.
- Carried Interest (Carry): Performance-based fees (typically 20% of profits above the hurdle rate) generated when portfolio companies achieve successful exits through IPOs or acquisitions. This is the primary value driver in VC economics.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Grove Ventures product offering
Product offeringCore offering
Grove Ventures is an early-stage venture capital firm that provides pre-seed and seed-stage investment capital to Israeli technology founders building in Enterprise AI, Deeptech, AI Infrastructure, and Healthtech. Beyond capital, the firm delivers hands-on operational partnership, strategic guidance, hiring support, and access to its Perks Platform — a curated set of discounted software and services for portfolio companies.
Product overview
Grove Ventures is an early-stage venture capital firm headquartered in Tel Aviv, Israel, founded in 2017. The firm operates as a single unified investment platform — it does not manufacture or sell technology products. Grove Ventures' primary offering is its investment partnership and advisory services to early-stage Israeli technology founders. The firm also provides a Perks Platform, a curated set of tools and benefits offering discounted access to essential software and services for portfolio companies. All other technology products referenced in Grove Ventures' materials are offerings of its portfolio companies (e.g., Wiliot IoT Pixels, LimitlessCNC CNC automation, Majestic Labs AI servers, NoTraffic traffic management, Scala Biodesign protein design), not products of Grove Ventures itself.
Differentiator
Problem solved
Functional benefit
Brands
- Shift Happens: Grove Ventures' annual event for founders and top executives driving innovation in software infrastructure, featuring masterclasses and networking opportunities.
- People First Playbook
- Portfolio Perks Platform
Products and services
- Perks Platform A curated set of tools and benefits providing discounted access to essential software and services for portfolio companies, designed to reduce costs and help early-stage teams move faster. Available to companies invested in by Grove Ventures.
- Early-Stage Venture Capital Investment Partnership Pre-seed and seed-stage venture capital investment partnership providing funding, operational guidance, strategic support, hiring assistance, and network access to Israeli technology founders building breakthrough companies. Manages $500M+ AUM across multiple funds.
Quantifiable outcome
- 43+ portfolio companies invested in since 2017
- +1 more outcomes
Companies that use Grove Ventures
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Grove Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Grove Ventures partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights6 records
Grove Ventures competitors and assessment
Company assessmentDirect peers
- TLV Partners: Israeli early-stage VC focused on seed and Series A in Israeli tech founders. Directly comparable to Grove — both lead pre-seed/seed rounds in Israel and recently co-led Onfire together; overlapping thesis on enterprise and infrastructure software.
- Aleph VC: Israeli early-stage venture capital firm investing at seed and Series A. Highly comparable to Grove in stage focus, geography (Israeli founders), and thesis around enterprise software and frontier tech.
- Jerusalem Venture Partners (JVP): Long-standing Israeli early-stage VC with deep-tech specialization. Comparable to Grove in early-stage focus and Israel-centric investing, with similar exposure to enterprise, cybersecurity, and deep-tech theses.
- StageOne Ventures: Israeli early-stage VC focusing on enterprise and deep-tech seed investments. Highly comparable to Grove in stage (seed), geography (Israel), and sector (enterprise software and deep tech).
- Entrée Capital: Israeli early-to-growth VC with global mandate. Comparable to Grove as an Israeli-anchored early-stage investor in software and tech, though typically with larger check sizes and broader stage range.
Broad incumbents
- Pitango VC: One of Israel's largest and oldest VC firms investing across stages including early-stage. Comparable to Grove as an Israeli VC investing in enterprise and deep tech, though with a much broader stage range and larger AUM.
- Viola Ventures: Israeli early-to-growth stage VC. Comparable to Grove as an Israeli-focused VC with deep-tech and enterprise thesis, though operating across more stages and with larger fund sizes.
- OurCrowd: Israel-based global venture investing platform with broad sector and stage reach. Comparable to Grove as an Israeli-headquartered VC deploying into Israeli tech founders, though structurally different via crowdfunding-style access.
Emerging players
- Cyberstarts: Israeli cybersecurity-focused seed VC. Comparable to Grove as an Israeli early-stage specialist with deep operator pedigree; partial overlap on enterprise/security deals though narrower sector focus.
- Maniv Mobility: Israel-based seed VC focused on mobility, transportation, and climate tech. Partially comparable to Grove given overlap on portfolio themes (e.g., NoTraffic mobility) and Israeli seed-stage focus, though narrower sector mandate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Grove Ventures social profiles
Digital presenceGrove Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Grove Ventures leadership team
Management profileNumber of profiles
Profiles5 records
Grove Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Grove Ventures M&A and investment
M&A and investmentM&A
Investments74 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Grove Ventures
What does Grove Ventures do?
Grove Ventures is an early-stage venture capital firm that provides pre-seed and seed-stage investment capital to Israeli technology founders building in Enterprise AI, Deeptech, AI Infrastructure, and Healthtech. Beyond capital, the firm delivers hands-on operational partnership, strategic guidance, hiring support, and access to its Perks Platform — a curated set of discounted software and services for portfolio companies.
Is Grove Ventures a public or private company?
Grove Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Grove Ventures founded?
Grove Ventures was founded in 2017. It employs 11 to 50 people.
Where is Grove Ventures based?
Grove Ventures is headquartered in Tel Aviv, Israel, in the Middle East region.
How does Grove Ventures make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest (Carry).
Who are Grove Ventures's main competitors?
Direct peers on record are TLV Partners, Aleph VC, Jerusalem Venture Partners (JVP), StageOne Ventures and Entrée Capital. Broad incumbents are Pitango VC, Viola Ventures and OurCrowd. Emerging players are Cyberstarts and Maniv Mobility.
Does Grove Ventures have an API?
No public API is recorded for Grove Ventures.
What industry is Grove Ventures in?
Grove Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed), with a secondary code of FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 52394 and its SIC code is 6282.