About
ION Crossover Partners (ICP) was founded in 2018 as a growth equity fund under ION Asset Management, based in Israel. The firm manages approximately $2.5 billion in assets across various strategies, including two dedicated growth equity funds: ION Crossover Partners I (launched in 2019) and ION Crossover Partners II (launched in 2021). ICP focuses on collaborating with founders of technology companies that exhibit significant growth potential, particularly those in the global expansion phase. The firm aims to support management teams in scaling their businesses and preparing for eventual IPOs or sales, leveraging its local expertise to identify global investment opportunities and bridge the gap between late-stage private and public markets. ICP specializes in growth equity investments in Israeli and Israel-related technology companies poised for global expansion, targeting sectors such as artificial intelligence, fintech, healthcare, consumer products, and cybersecurity. They typically invest between $50 million and $150 million per deal, with an average participation of $30 million to $50 million, emphasizing a long-term investment horizon.
Portfolio · 9
Investment activity
5 portfolio exits on record.
Portfolio by sector
Q&A
- What is ION Crossover Partners' investment focus?
- ION Crossover Partners focuses on Israeli and Israel-related technology companies in their global expansion phase, with substantial customer and revenue bases. They aim to help management teams scale their businesses, including IPO preparation.
- What is the typical investment size for ION Crossover Partners?
- ION Crossover Partners' typical investments range from $50 million to $150 million, with an average participation of $30 million to $50 million. They are flexible in investment size and structure, capable of leading $100 million rounds or contributing $10 million to syndicated deals.
- Which notable exits has ION Crossover Partners had recently?
- ION Crossover Partners has seen several exits, including the acquisition of INFINIDAT by Lenovo in January 2025 and the acquisition of Resident Home by Ashley Home for $1 billion in March 2024.
- What was ION Crossover Partners' involvement in the Perimeter 81 exit?
- ION Crossover Partners was an investor in Perimeter 81, which was acquired by Check Point Software Technologies for $490 million in August 2023.
- Which public exits has ION Crossover Partners been associated with?
- ION Crossover Partners was an investor in monday.com, which went public on NASDAQ in June 2021 with a valuation of $6.8 billion, and Similarweb, which went public on NYSE in May 2021 with a valuation of $1.65 billion.
- What are some of ION Crossover Partners' key portfolio companies?
- ION Crossover Partners' portfolio includes companies like Aqua Security, a cloud-native security platform.
- What investment stages does ION Crossover Partners typically engage in?
- ION Crossover Partners primarily invests in later-stage rounds, including C, D, E, F, and G Rounds.
- What is ION Crossover Partners' sector focus?
- ION Crossover Partners shows a strong focus on Cyber Security and Business Software, with multiple investments in these sectors.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | ion-am.com/ioncrossoverpartners |
|---|---|
| linkedin.com/company/11751662 |
Identifiers & details
| Legal name | ION Crossover Partners Ltd. |
|---|---|
| Founded | 2018 |