StageOne Ventures Closes Third Venture Capital Fund of $110 Million
StageOne Ventures, an early stage venture capital firm focusing on Israel-related technology startups, announced the closing of its third venture capital fund, with $110 million in committed capital. Led by Yuval Cohen, Yoav Samet, and Tal Slobodkin, with a presence both in Tel Aviv and in Palo Alto, StageOne Ventures aims to help entrepreneurs traverse the Israel-Silicon Valley axis and to build global businesses.
StageOne focuses on ambitious technology endeavors in B2B software and next-generation information technology infrastructure. StageOne III plans to invest in 15 to 18 companies, focusing on seed and series A rounds, with a typical initial investment in the range of $500,000 to $3 million.
Venture capital funds managed by StageOne Ventures have invested in more than 30 companies to date. The new fund follows StageOne II, a 2014 vintage fund that currently boasts 14 portfolio companies including, Avanan, Capitali.se, DBmaestro, Minerva, Otonomo, and SafeDK, which have raised significant subsequent rounds from leading global investors. StageOne’s first fund (StageOne I) has been fully invested and to date has seen six exits, including, among others, Guardium (acquired by IBM), Traffix (acquired by F5 Networks), and Octalica (acquired by Broadcom).