Appointment Leta Capital appoints Alexander Zemlyak to expand Israel investments
Appointment
Leta Capital appoints Alexander Zemlyak to expand Israel investments
“Israel’s startups remain within Leta Capital’s core investment strategy. During the last decade, we have already supported 10 Israel-based companies and plan to expand this number,” said General Partner Alex Chachava
Leta Capital, a tech venture capital firm focused on companies at early-growth stages, has announced that it has appointed Alexander Zemlyak as Principle and Head of Israel.
“We are happy to announce that Alexander Zemlyak will, from now on, lead all Leta’s activities in Israel,” said Leta Capital’s General Partner, Alex Chachava. “Israel’s startups remain within Leta Capital’s core investment strategy. During the last decade, we have already supported 10 Israel-based companies like 365Scores, Weezmo, and Gaviti, and plan to expand this number.”
Alexander Zemlyak has worked in venture capital for the past eight years. Before Leta Capital, Zemlyak worked in Israel in RDSeed and Magical Capital, as well as in London-based investment company Goldacre Ventures and corporate-backed accelerator Founders Factory.
In his current role, Zemlyak is responsible for partnerships, deals sourcing, and portfolio support. He also serves as a board member in Israel-based Qmarkets. Zemlyak participated in closing investment deals with Novakid, Buddy.ai, Gaviti, Affise, and Simbi, among others.
Leta Capital, which has $400 million in assets under management and invests out of an entity in the Cayman Islands, focuses on software startups and, according to the Leta Capital Fund III strategy, plans to invest 60% in B2B software startups, 30% in B2C software, and 10% in innovations beyond the horizon. The current fund is focused on IT solutions for various sectors, based on deep R&D. The average check is $500,000 to $5 million.
Leta Capital has made early-stage investments in companies such as BrightBox (acquired by Zurich Insurance Group), Unomy (acquired by WeWork), Weezmo (acquired by Nayax), and inDrive (unicorn valued at $1.23B according to its last round led by Insight Partners and Bond).
