11 Top Israeli Startups to Watch in 2023
Last Updated: By TRUiC Team
Israel has emerged as a world-leading startup ecosystem and founder hub in recent years, producing more successful and innovative companies than much of the developed world.
With over 6,000 startups currently operating in the country and more on the way, Israeli founders have access to a technically skilled and gifted network of talent, mentors, and advisors who can help them make their vision a reality. Israel also provides a wide range of initiatives and programs to help entrepreneurs obtain funding and startup capital, making it much more likely that a promising startup will get the funding it needs to begin growing.
We’ll cover the top Israeli startups you should be watching this year and dive into what problems they were able to solve and what innovative solutions they created. These companies have taken their respective industries by storm, captured market share, and built successful companies from the ground up.
Learn how to launch your own company by reading our comprehensive guide on how to start a startup.
Best Startups in Israel to Follow
Every year, new startups pull to the forefront of their industry through exciting innovation and industry-disrupting business models. We’ve rounded up the most exciting Israeli startups of 2023 that startup-lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting startups launching and growing, we aren’t able to cover them all. Furthermore, the startups listed below are not officially ranked and are listed in no particular order.
1. Tailor Brands
- Location: Tel Aviv
- Industry: Tech, Marketing
- Founders: Nadav Shatz, Tom Lahat, Yali Saar
- Founded In: 2014
- Funding: $70.6 Million
- Investors Include: GoDaddy, Pitango VC
Tailor Brands is a groundbreaking startup, transforming branding and small business formation. Leveraging AI, they provide personalized personalized logos and websites, and now also facilitate LLC formation, streamlining business setup. Their affordable solutions democratize professional branding, making it accessible to all.
Learn more about why Tel Aviv is one of the best cities for startups.
2. Monday
- Location: Tel Aviv
- Industry: Project Management, SaaS
- Founders: Eran Zinman, Roy Mann
- Founded In: N/A
- Funding: $384.1 Million
- Investors Include: Zoom, Salesforce Ventures
Monday.com is a user-friendly, intuitive project management startup enabling teams to organize and streamline their workflows. As a centralized platform, it consolidates communication, task tracking, and documentation, replacing the need for multiple disjointed tools. Its flexibility allows customization to suit any business size or type, from startups to large enterprises
3. Helios
- Location: Tel Aviv
- Industry: Software
- Founders: Eli Cohen, Ran Nozik
- Founded In: N/A
- Funding: $5 Million
- Investors Include: Entree Capital, Amiti Ventures
Helios is a software startup based in Tel Aviv focused on helping its users troubleshoot, understand, and test all of their services and applications easily. Using Helios, developers and organizations can test their distributed applications quickly, reproduce scenarios and bugs, investigate pesky issues, and obtain actionable data and insights about data pipelines, databases, microservices, and messaging systems.
4. Jolt
- Location: Tel Aviv
- Industry: Edtech, Education, Business Intelligence
- Founders: Lior Frenkel, Nadav Leshem, Nitzan Cohen Arazi, Roei Deutsch
- Founded In: 2015
- Funding: $23.3 Million
- Investors Include: Balderton Capital, Octopus Ventures, UpWest, Hillsven Capital
Jolt is an educational technology (edtech) startup focused on helping people break into the technology industry. Graduates of the programs Jolt provides often work at tech companies such as Uber, Netflix, Shopify, Facebook, and YouTube. For anyone who wants to discover their career path, take advantage of expert live instructors and online classes, and have assistance through the job application process, Jolt’s program could be a great fit.
5. Beewise
- Location: Beit HaEmek
- Industry: Agtech, Agriculture, Artificial Intelligence
- Founders: Boaz Petersil, Eliyah Radzyner, Hallel Schreier, Saar Safra, Yossi Sorin
- Founded In: 2018
- Funding: $118.7 Million
- Investors Include: Insight Partners
Beewise is an innovative Israeli startup building a device to automate the beehive, allowing beekeepers worldwide to care for their bees and treat their hives remotely. Each robotic beehive can house up to 24 bee colonies and is solar-powered to create a self-contained and self-sufficient unit. Best of all, beekeepers can view vital data about their beehives in real-time and manage them as if they were hands-on working with their bees in person.
Discover more startups helping to save the bees.
6. Enso Security
- Location: Tel Aviv
- Industry: Cybersecurity, Information Services
- Founders: Barak Tawily, Chen Gour Arie, Roy Erlich
- Founded In: 2020
- Funding: $6 Million
- Investors Include: YL Ventures
Enso Security is an information security startup in Tel Aviv that offers end-to-end application security management services. Users have full visibility of their application environment and can prioritize assets that have higher security risks or vulnerabilities. By using the services Enso Security provides, companies can eliminate security gaps and eliminate them before they can be exploited by malicious actors.
See all our list of the hottest cybersecurity startups to follow.
7. Biobeat
- Location: Petah Tikva
- Industry: Biotechnology, Elder Care, Health Care, IoT, Medical Device, Wearables
- Founders: Arik Ben Ishay
- Founded In: 2016
- Funding: $8 Million
- Investors Include: Menomadin Foundation, Hangar 51
Biobeat is a next-generation health artificial intelligence (AI) startup focused on personalizing medicine and generating actionable insights from clinical data. By using artificial intelligence and machine learning, Biobeat gathers insights about patient care through continuous monitoring and can detect early deterioration and other signs patients need attention.
Feeling inspired? Learn how to launch your company with our guide on how to start a startup.
8. NeuraLight
- Location: Tel Aviv
- Industry: Healthcare, Wellness, Software
- Founders: Edmund Ben Ami, Micha Y. Breakstone
- Founded In: 2021
- Funding: $30.5 Million
- Investors Include: Koch Disruptive Technologies
NeuraLight is an Israeli startup transforming clinical development, neurology, precision medicine, and diagnostics at its core by using artificial intelligence. All over the globe, there are over 1 million individuals who suffer from some form of neurological disorder, and it is one of the leading causes of global disability. By developing an AI-driven platform that can improve patient monitoring and drug development, NeuraLight is helping introduce precision care for patients with various neurological disorders and aims to transform the lives of billions.
See also our list of the top healthcare startups to watch.
9. Firebolt
- Location: Tel Aviv
- Industry: Big Data, Analytics, Cloud Data Services, SaaS
- Founders: Ariel Yaroshevich, Eldad Farkash, Saar Bitner
- Founded In: 2019
- Funding: $264 Million
- Investors Include: Alkeon Capital
Firebolt has developed a cloud data warehousing platform that allows organizations and users to streamline access to valuable insights and their analytics capabilities. When it comes to scaling analytics for larger use-cases, it can be difficult to optimize and resolve all of the bottlenecks that can occur. Fortunately, using Firebolt, users can get sub-second and highly concurrent analytics over large data sets and leverage Firebolt’s compute-optimized technology and storage technology to its maximum potential.
10. Exberry
- Location: Herzliya
- Industry: Fintech, Stock Exchanges
- Founders: Dudi Krisher, Guy Melamed, Guy Melamed, Ronen Nachmias, Uzi Gabsi
- Founded In: 2018
- Funding: N/A
- Investors Include: N/A
Exberry is a Tel Aviv startup focused on providing deep-technology trading infrastructure and offering various turnkey fintech solutions to exchanges, banks, marketplaces, and digital securities. Suppose someone needs cutting-edge technology and modern architecture coupled with a new way to build marketplaces and exchanges in the financial sector. In that case, Exberry has all of the tools and technology required to help developers and companies make that happen.
11. Bookaway
- Location: Tel Aviv
- Industry: Travel
- Founders: David Yitzhaki, Jonathan Bensaid, Noam Toister, Omer Chehmer
- Founded In: 2017
- Funding: $81 Million
- Investors Include: Red Dot Capital Partners, Corner Ventures, Aleph
Bookaway is a travel startup based in Tel Aviv that focuses on making ground travel booking more efficient and hassle-free. Travelers can easily book trains, ferries, and buses worldwide and get to their destinations in the most efficient way possible. Using Bookaway, users can easily plan trips, find the best services at their destinations, and search a large database of ground transportation and ground travel options.
FAQs
Why are Israeli startups so successful?
Israeli startups are successful because of Israel’s extensive programs and initiatives for entrepreneurs to support them in obtaining startup funding through venture capital and third-party investment. Israel also has a smaller population relative to the rest of the world, making it easier to test and validate ideas for new markets, products, and services.
How many startups are there in Israel?
Israel is considered one of the world's leading startup ecosystems, producing more successful and innovative companies than much of the developed world. It is currently estimated that over 6,000 startups are operating in Israel.
What are popular startup industries in Israel?
Israel's top startup industry sectors are fintech, data infrastructure, enterprise information technology, and security technologies, which attracted the bulk of investment and venture capital funding provided to Israeli startups in recent years.
What are some successful Israeli startups?
Israel has produced many successful and innovative startups over the years, with some of the most prominent and successful companies being: Enso Security, Helios, Jolt, Biobeat, BeeWise, and NeuraLight.
Recommended: Check out our full list of the top startups to watch!
