Fundraising Fox

PICO Venture Partners

Venture capital

Jerusalem · Pre-Seed–Series A · 17 people tracked

Also known as PICO MANAGEMENT COMPANY LTD.

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Investment thesis

PICO Venture Partners backs visionary Israeli founders building transformative technologies. The firm looks for relentless entrepreneurs pursuing the disruption of existing markets, industries, business processes, and consumer experiences, and values strong execution alongside ambitious vision. It positions itself within Israel's 'Startup Nation' ecosystem, aiming to support pioneers who will reshape how people live, work, and experience the world.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Series A
Check
$600K – $54M
HQ
Jerusalem, NY, IL
Instruments
Equity
Founded
2015
Private fund assets
$283.7M
VC funds
3
Tracked investments
8

Team · 17 people

from the firm's website & curated & public directories

Founder mafia

2 people who came through PICO Venture Partners went on to found or lead other companies.

+ 1 more

What they invest in

from 7 of 8 portfolio companies

AI & Machine Learning ×2Crypto & Web3 ×2Cybersecurity ×2Enterprise Software ×2SaaS ×2Biotech ×1Climate Tech ×1Cloud Computing ×1

HQs:United States×3Israel×1

Investments · 8 tracked

founders shown can be your intro path

By year:2025 · 12023 · 42015 · 16 dated

Vroomvroom.comNASDAQ: VRMJul 2015

Fort Worth, US

Allon Bloch(Executive Officer, Director)Marshall Chesrown(Executive Officer, Director)Thomas H. Shortt(Executive Officer, Director)Anna-Lisa Corrales(Chief Legal Officer, Chief Compliance Officer and Secretary)Jonathan Sandison(Chief Financial Officer)Kevin Westfall(Director)

Board seatElie Wurtman· per SEC Form D

Co-investorsFraser McCombs CapitalAltimeter CapitalDurable Capital PartnersFoxhavenGeneral CatalystL Catterton+1 more

Affogataaffogata.com𝕏

Affogata provides a unified platform for collecting, analyzing, and delivering customer feedback data from reviews, social media, communities, app stores, and support channels.

AI & Machine LearningData & InfrastructureMarketing Tech

Sharel Omer(Founder)inRan Margaliot(Founder)inItamar Rogel(Founder)

Co-investorsMangrove Capital PartnersMindset Venture

Bluefinbluefin.ioin𝕏Oct 2023

Bluefin is an orderbook-based decentralized derivatives exchange built for both first-time users and professional traders.

Crypto & Web3Fintech

Ahmad Jawaid(Founder)in

Co-investorsAltonomyAmber GroupCompoundFBG CapitalHashedLedgerPrime+11 more

Ravinravin.aiinMay 2023

RAVIN provides AI-powered vehicle inspection and damage assessment software for insurance claims processing, enabling faster claim decisions through automated photo capture and analysis.

AI & Machine LearningInsurTechAustin, US

Eliron Ekstein(Founder)

Co-investorsFraser McCombs CapitalShell VenturesSpark Capital

Wanda Fishwandafish.comOct 2023 · $7M

Wanda Fish develops cell-cultivated seafood, with a flagship cultivated toro bluefin tuna product grown using cell culture and biotechnology methods.

BiotechClimate TechFoodTech

Co-investorsAqua SparkMoreVCCPT CapitalPeregrine Ventures

Zarazzaraz.comin𝕏acquired by Cloudflare

Zaraz built a third-party tool manager that loaded analytics, marketing, and other scripts server-side or in the cloud to improve website speed, privacy, and security.

Cloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Yair Dovrat(Founder)inYo'av Moshe(Founder)in

Co-investorsCabra VCEmles Venture PartnersY Combinator

Zerozero.tech𝕏Jun 2025 · $55M

ZERO is a decentralized, privacy-focused messaging and social platform, offering products including a messenger, social app, and digital identity (Zero ID) built on a crypto protocol with its own token.

ConsumerCrypto & Web3Social

Co-investorsRed Beard VenturesF2 Venture CapitalHighland EuropeU.S. Venture PartnersVenrock

Zero Networkszeronetworks.comin𝕏Dec 2023 · $55M

Zero Networks provides an automated, identity-driven microsegmentation platform that divides networks into isolated segments to stop lateral movement and contain ransomware and AI-driven attacks.

CybersecurityEnterprise SoftwareSaaSTel Aviv, IL

Benny Lakunishok(Founder)

Co-investorsF2 Venture CapitalHighland EuropeUS Venture PartnersVenrockU.S. Venture Partners

Exits · 2

IPOs and acquisitions across the tracked portfolio

VroomNASDAQ: VRMZarazacq. by Cloudflare

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does PICO Venture Partners invest at?
PICO Venture Partners invests at the Pre-Seed, Seed, Series A stages.
What is PICO Venture Partners's typical check size?
PICO Venture Partners typically writes checks of $600K – $54M.
What sectors does PICO Venture Partners focus on?
PICO Venture Partners focuses on Cybersecurity, E-commerce, Enterprise Software, Fintech, Healthtech, Mobility & Transportation, Sector Agnostic.
Where is PICO Venture Partners located?
PICO Venture Partners is headquartered in Jerusalem, IL.

Media · Podcasts & interviews

featuring the team

Ep361: Elie Wurtman | Managing Partner, PICO Venture Partners

20MinuteLeaders · Elie Wurtman

Co-investors · 18

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F2 Venture Capital is a seed-stage fund that invests in Israeli technology companies operating in big data, artificial intelligence, and connectivity sectors.

Both backed · 2
$2M – $45M
US Venture Partners

US Venture Partners (USVP) is an early-stage venture capital firm investing in information technology and healthcare companies, with four decades of investing experience.

Both backed · 1
$500K – $10M
Mangrove Capital Partners

Mangrove Capital Partners is a venture capital firm investing in early-stage technology companies, having been an early backer of eight unicorns including Skype, Wix, Flo Health and WalkMe.

Both backed · 1
$540K – $5.4M
Cabra VC

Cabra VC is a venture capital firm that invests in seed through growth-stage companies with a follow-on strategy, backing founders targeting large international markets.

Both backed · 1
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$1.6M – $70M
Notable Capital

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$5M – $50M
Entrée Capital

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$150K – $15M
Target Global

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Amadeus Capital Partners

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$50K – $12.7M
Atreides Management

Atreides Management, LP is an investment firm that applies a crossover strategy, investing in technology and consumer companies across both public and private markets with a long-term perspective.

Hanaco Venture Capital

Hanaco Venture Capital is an investment firm backing companies from early to growth stage, focusing on founders and their potential.

$2M – $20M
MizMaa Ventures

MizMaa Ventures is an early-stage, thesis-driven venture capital firm backing Israeli entrepreneurs building deep-technology solutions, offering hands-on support alongside long-term capital.

$1M – $6M
6 more co-investors

Dag VenturesCoughdrop Capital10DDisruptive AIHearst VenturesTaurus Ventures

Firms observed investing alongside PICO Venture Partners, from public investor directories. Shared companies are the overlap with PICO Venture Partners's recorded portfolio.

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