Total raised
—
Stage
Acquired
Founded
1948
Headcount
3,880
HQ
Jerusalem, Israel
Sector
—
About
Israel Post, officially the Israel Postal Company Ltd., is the national postal service of Israel. Established in 1948 with the founding of the State of Israel, it provides universal mail and parcel delivery, express services, and financial solutions through its Postal Bank. The company operates an extensive retail and distribution network across Israel and is currently undergoing a significant digital transformation, integrating advanced technologies like AI and Salesforce solutions to enhance customer service and e-commerce capabilities. Formerly a government-owned corporation, it was privatized in May 2024.
Q&A
- When was Israel Post privatized and by whom?
- Israel Post was privatized in May 2024, acquired by a consortium of Milgam Ltd. and Phoenix Insurance.
- What was the acquisition amount for Israel Post?
- Israel Post was acquired for $125,000,000 in May 2024.
- What is Israel Post's primary sector?
- Israel Post's primary sector is logistics.
- What services does Israel Post offer?
- Israel Post offers universal mail and parcel delivery, express services, and financial solutions through its Postal Bank.
- How many employees does Israel Post have?
- Israel Post has over 500 employees.
- What technologies is Israel Post integrating as part of its digital transformation?
- Israel Post is integrating advanced technologies like AI and Salesforce solutions to enhance customer service and e-commerce capabilities.
- When was Israel Post founded?
- Israel Post was founded in 1948.
- What are Israel Post's target customer segments?
- Israel Post targets consumers, businesses, and e-commerce merchants.
Sectors & technology
Technologies
Target customers
Business model
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Tags
postal-serviceslogisticsfinancial-servicese-commerceprivatizeddigital-transformation