Discount Tech

What Discount Tech does

Discount Tech is a specialized banking division of Israel Discount Bank (Discount Group), founded in 2023 and headquartered at Discount Campus in Rishon LeZion, Israel. It provides B2B financial services to high-growth, VC-backed technology companies in Israel, with a small team of eight professionals covering portfolio management, credit analysis, relationship management, and compliance. The division operates as a bridge between traditional bank balance-sheet lending and the needs of venture-backed startups, offering bridge financing, MRR-based growth lending, currency hedging, and runway extension debt.

The product suite consists of five offerings: BRIDGE (gap financing between term sheet or grant approval and fund disbursement), LEVERAGE (revenue-based financing using MRR, long-term contracts, and working capital, targeted at SaaS, digital health, gaming, and subscription-based companies), MANAGE (FX hedging between dollar fundraising and shekel expenses via OTC services, burn rate analysis, and DUCCO deposits), INCREASE (runway extension debt to avoid cap-table dilution between equity rounds), and GET GLOBAL (cross-border relocation and banking services delivered in partnership with IDB Bank New York for Israeli companies expanding to the US). Underlying technology is not disclosed; the offering is a financial product, not a software platform.

The business model is balance-sheet lending and fee-based financial services, distributed through direct relationship management by the Discount Tech team, supplemented by referral and ecosystem partnerships with JVP, QUMRA, Founder Institute, and other Israeli venture ecosystem participants. Distribution is primarily direct-to-founder enterprise field sales, with channel support through the IDB Bank New York partnership for international clients. Pricing is not publicly disclosed, and revenue is generated through interest income on credit facilities, arrangement fees, and FX/OTC service margins. Geographic coverage is Israel-domestic with US extension via the IDB New York partnership.

Name

Discount Tech

Legal name

Discount Tech

Website

https://discountech.co.il

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Discount Tech is a division of Israel Discount Bank that provides specialized debt financing, bridge loans, FX hedging, and runway extension services to Israeli VC-backed and subscription-based technology companies, distributing through direct relationship management and VC ecosystem partnerships.

Ownership category

akta.pro rank

Product category

Commercial Banking for Tech Startups

NAICS

Depository Credit Intermediation (5221)

SIC

Short-Term Business Credit Institutions (6153), National Commercial Banks (6021)

akta.pro primary industry

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)

akta.pro secondary industry

Embedded FX & Cross-Border Treasury (FSAGALAG)

Keywords

• Tech company financing
• Venture debt lending
• Bridge financing
• MRR-based lending
• Currency hedging services

Headquarters

HQ city

Rishon LeZion

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, Others

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Discount Tech is the tech-focused division of Israel Discount Bank that delivers specialized debt and treasury financing to high-growth VC-backed companies and startups in Israel. Its core products include BRIDGE gap financing between funding milestones, LEVERAGE MRR-based growth financing for subscription businesses, MANAGE currency hedging and burn-rate tools, INCREASE runway extension debt to avoid dilution, and GET GLOBAL cross-border services via IDB Bank New York. Services are delivered through direct relationship managers embedded in the VC and startup ecosystem.

Product overview

Discount Tech offers a unified suite of financial services tailored for high-growth tech companies and venture capital-backed startups. The core offerings include BRIDGE (gap financing between funding milestones), LEVERAGE (revenue-based growth financing), MANAGE (currency risk management and hedging tools), and INCREASE (runway extension financing). These services are complemented by GET GLOBAL, a cross-border business facilitation program partnered with IDB Bank New York. All services are delivered through the Discount Group's banking infrastructure, combining venture capital ecosystem expertise with traditional banking capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• BRIDGE
• LEVERAGE
• MANAGE
• INCREASE
• GET GLOBAL

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• IDB Bank New YorkcoreStrategic or Co-development PartnerJoint partnership providing comprehensive re-location services and banking capabilities for Israeli tech companies expanding internationally. The Discount family helps clients conduct business anywhere as if they're at home, extending Discount Tech's reach to the US market.
• JVPcoreStrategic or Co-development PartnerProminent Israeli venture capital firm and ecosystem partner, providing deal flow and investment ecosystem connections for Discount Tech's client acquisition.
• Founder InstitutecoreStrategic or Co-development PartnerGlobal accelerator program that provides early-stage startup support. Partnership enables Discount Tech to engage with startups from inception through growth stages.
• QUMRAcoreStrategic or Co-development PartnerIsraeli venture capital firm focused on early-stage technology investments. Partnership provides networking and referral opportunities within the startup ecosystem.
• NVIDIAminorOthersTechnology hardware and software ecosystem partner, potentially providing technology infrastructure or co-marketing opportunities.
• iCountminorOthersIsraeli technology service provider in the partner ecosystem.
• BetterminorOthersPartner organization in the Discount Tech ecosystem.
• IDB TechcoreStrategic or Co-development PartnerTechnology-focused initiative within the IDB group, aligned with Discount Tech's mission to serve the tech ecosystem.
• Efrat GaliliminorOthersIndividual advisor or service provider in the partner ecosystem.
• Enterprise ForumminorStrategic or Co-development PartnerOrganization supporting enterprise and startup ecosystem development in Israel.
• FedExminorOthersGlobal logistics provider supporting operational needs of tech companies.

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Silicon Valley Bank (First Citizens): The original high-tech commercial bank, now part of First Citizens. SVB defined the model Discount Tech replicates: relationship banking, venture debt, and FX hedging for startups. Operates globally and served Israeli tech firms directly before its 2023 collapse and acquisition.
• Barclays Eagle Labs: Barclays' startup and innovation banking platform offering lending, fintech partnerships, and ecosystem programs. Comparable as a bank-led startup services franchise with venture ecosystem embedding.
• HSBC Innovation Banking: HSBC's dedicated startup and innovation banking franchise, formed from the acquisition of SVB's UK and European operations. Offers lending, deposits, and cross-border services to tech companies, replicating the SVB playbook at global bank scale.
• J.P. Morgan Commercial Banking — Tech: J.P. Morgan's commercial banking practice serving venture-backed and high-growth tech companies with debt, treasury, and FX services. A broad incumbent competing for the same later-stage Israeli and global tech clients.
• Citi Commercial Bank — Technology: Citi's commercial banking technology vertical provides cross-border banking, FX, and working capital to high-growth tech firms. Relevant peer due to its global tech banking scale and IDB-style cross-border reach.

Direct peers

• Mizrahi Tefahot Tech Banking: Mizrahi Tefahot's corporate and high-tech banking practice, where Discount Tech's Team Lead Tomer Cohen previously spent years. Competes for the same Israeli tech banking wallet with similar product offerings.
• LeumiTech: The high-tech banking arm of Bank Leumi, the largest bank in Israel. LeumiTech serves Israeli VC-backed startups and growth-stage companies with lending, deposits, and FX services — the closest direct competitor to Discount Tech with the same customer segment and product set.
• Bank Hapoalim Hi-Tech Division: Bank Hapoalim's specialized high-tech banking unit serving Israeli startups and tech companies with debt financing, FX, and treasury services. A major incumbent competitor in the same narrow segment as Discount Tech.

Others

• IDB Bank New York: The US banking affiliate of the IDB/Discount family that powers Discount Tech's GET GLOBAL cross-border offering. Operates as a partner rather than competitor, providing US banking infrastructure for Israeli tech companies.
• Glilot Capital Partners (credit/lending adjacencies): An Israeli early-stage VC firm where Discount Tech's credit analyst previously worked. Not a direct lender but part of the same VC ecosystem and a potential source of portfolio company deal flow.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/discountech

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

Investments

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

Frequently asked questions about Discount Tech