Formula Ventures

About

Portfolio · 2

Earnix

Rating, Pricing, and Product Personalization for Banks and Insurers

2 rounds $9.0M committed Latest: 2005-09

RadView

Load and Performance Testing

2 rounds $10.0M committed Latest: 1999-12

Investment activity

1 portfolio exit on record.

Q&A

What is Formula Ventures' primary investment focus?

Formula Ventures is the venture capital investment arm of Formula Systems (1985) Ltd. It specializes in seed, startup, early venture, first round funding, and late venture financing, primarily focusing on information technology, telecommunications, data communications, Internet infrastructure, enterprise software, storage, semiconductors, and media sectors.

What are some of Formula Ventures' notable portfolio companies?

Formula Ventures' portfolio includes Earnix, which provides rating, pricing, and product personalization for banks and insurers, and RadView, a company focused on load and performance testing.

Has Formula Ventures had any notable exits?

Yes, Formula Ventures had an exit with RadView in October 1999, when the company went public on NASDAQ with a valuation of $164M.

What investment stages does Formula Ventures typically target?

Formula Ventures typically targets Seed and A Round investment stages.

What is Formula Ventures' sector concentration based on its portfolio companies?

Formula Ventures has a concentration in Fintech & Insurtech and Business Software, with one portfolio company in each sector.

When was Formula Ventures founded?

Formula Ventures was founded in 1998.

Who is a key member of the Formula Ventures team?

Shai Bellis serves as the Chairman & CEO at Formula Ventures.

What is the typical business model of companies in Formula Ventures' portfolio?

Both Earnix and RadView, two of Formula Ventures' portfolio companies, operate with a B2B business model.