5 Famous Startups from Israel, Indonesian Citizens Loyal Tech Customers – 6 hours ago

Jakarta, CNBC Indonesia – Israel has thousands of startups in various fields. The development is quite significant, some are even widely known and used by the global community.

Until now, based on the Startup Savant report, more than 6,000 startups originate from this country. Many of these startup companies operate in the technology sector.

These are 5 Israeli startups, summarized from various sources, Wednesday (25/10/2023):

1. Waze

This digital map service is widely used by global users. The application uses real time data from users, then will provide the best route by measuring accidents and traffic jams.

The company was founded by Uri Levine, Ehud Shabtai and Amir Shinar in 2008. Around 2013, the company was bought by Google for US$1.1 billion.

2. Tailor Brands

Founded in 2014, the marketing technology startup utilizes AI technology. In addition, Tailor Brands also provides personalized logos and websites as well as to form an LLC.

The company was founded by Nadav Shatz, Tom Lahat, and Yali Saar. The startup has secured funding of up to US$70.6 million from investors such as GoDaddy and Pitango VC.

3. Helios

Helios was founded by Eli Cohen and Ran Nozik. They create a company that can solve problems, understand and test all services and applications.

The startup has received funding of US$ 5 million. Some of the investors include Entree Capital and Amiti Ventures.

4. Firebolt

This startup was founded in 2019 and was founded by Ariel Yaroshevich, Eldad Farkash, and Saar Bitner. So far, Firebolt has received US$26 million in funding and Alkeon Capital is one of the investors.

For information, Firebolt has developed cloud data for users to simplify access to insights and analytical capabilities. In addition, users can analyze sub-seconds and take advantage of optimized computing and storage technology.

5. Jolt

Jolt was founded in 2015 by Lior Frenkel, Nadav Leshem, Nitzan Cohen Arazi, and Roei Deutsch. Funding has been obtained of US$23.3 million, from investors including Balderton Capital, Octopus Ventures, UpWest, and Hillsven Capital.

Some program graduates from this ed-tech startup work at Uber, Netflix, Shopify, Facebook, and YouTube.

[Gambas:Video CNBC]

Next Article

There are 22 Unicorn Startups in Indonesia, Here is the Complete List