Venture Capital · Profile from Venture Capital Research Companion
Jerusalem Venture Partners (JVP)
The Jerusalem-based firm founded by Erel Margalit under Israel's Yozma programme that pairs venture investing with regional-development "startup cities", made Israel's defining telecom-bubble exit (Chromatis) and its defining cybersecurity outcome (CyberArk), and is known for concentrated, high-ownership positions held for many years.
At a glance
- Founded
- 1993, Jerusalem, Israel
- Founders
- Erel Margalit (founder and executive chairman)
- Headquarters
- Jerusalem (JVP Media Quarter / Margalit Startup City); offices in Tel Aviv, Be'er Sheva (JVP Cyber Labs), Kiryat Shmona and New York
- Ownership / structure
- Private partnership; early-stage and growth funds, government-backed incubators (JVP Media Labs, JVP Cyber Labs) and a network of "Margalit Startup City" innovation hubs
- Leadership (2026)
- Erel Margalit (founder, executive chairman); general partners have included Gadi Tirosh, Yoav Tzruya, Fiona Darmon and Kobi Rozengarten — roster indicative (verify)
- AUM / capital raised
- ~$2.18bn raised across 10 funds (firm statement; earlier press put cumulative raises at ~$1.3bn before the late-2010s funds). Recent: JVP VIII ~$200m (2018); ~$220m early-stage fund (~2019–20); growth fund targeting ~$450m (2021 SEC filing; final close not confirmed)
- Stage focus
- Early stage (Series A) and growth; cybersecurity, enterprise data and AI, fintech/insurtech, media and, more recently, climate and food tech
- Signature investments
- Chromatis Networks, QlikTech, CyberArk, XtremIO, CyOptics, Dune Networks, Altair Semiconductor, Netro, Jacada, Allot, Earnix, CyActive; instructive outcomes: Chromatis (a $4.5bn stock sale whose acquired business was shut within ~15 months), Netro (bubble-era IPO collapse)
8 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
1995
Netro
Early-Stage Round
1998
Chromatis
Early-Stage Rounds
1999
CyOptics
Founding Investment and 2011 Recapitalisation
2000
CyberArk
Round A
2004
QlikTech
Venture Growth Round
2006
Earnix
Venture Round
2009
XtremIO
Series A
2013
CyActive
Incubator Seed