September 2024 in Israeli tech funding: $446 million in 21 deals
September 2024 in Israeli tech funding: $446 million in 21 deals
Last month saw a flurry of deals for local startups, but no mega rounds.
Over $446 million were raised by Israeli startups across 21 deals during September, the second straight month local companies failed to reach $500 million. Local tech companies crossed the $1 billion threshold in both April and May after previously going since August 2022 without reaching that figure over a single month.
September saw 21 deals announced, three times that of August, but the total sum was relatively low compared to previous years due to the lack of mega rounds. Israeli startups raised $960 million in September 2023, largely thanks to the $238 million from Cato Networks and $150 million from HiBob. September 2022 also saw local tech companies raise around $900 million, with over $2 billion raised in September 2021 at the peak of the bubble.
See the full list of the September deals below (The list includes funding rounds of over $5 million that were officially announced during September):
30.9.24
The partnership will bring AUI’s Apollo model to companies needing robust AI solutions for customer interactions
The Israeli startup has developed an AI-based platform for writing and testing high-quality code to prevent issues like the CrowdStrike event that brought down millions of computers worldwide three months ago
The Israeli startup's platform offers a security solution for managing access rights to cloud applications and organizational databases
25.9.24
The Israeli startup’s technology uses artificial intelligence to conduct 3D analysis of aerial imagery, enabling automated and highly accurate assessments of real estate properties. This system helps to predict potential damage caused by natural disasters such as hurricanes, floods, and wildfires
The Israeli startup has developed a hybrid human-AI managed service that reduces cloud exposures and enhances cloud security by optimizing prioritization, triage, remediation, and prevention processes for both pre and post deployment
The Israeli startup is building a cell-free production platform that aims to make bioproduction faster, simpler, cost-effective, and scalable
24.9.24
The Israeli startup has seen revenue growth of over 3x for the second consecutive year and expects to reach $100 million in annual recurring revenue (ARR) by the end of 2026
23.9.24
The startup’s platform gives clients direct control over moving and managing their data, while providing visibility, observability, and validation tools to improve data quality
18.9.24
The Israeli startup’s solution brings city and county payments, registrations, and communications to one synchronous platform, with municipal staff and partners across departments having the ability to create events, publish them, and immediately open a ticketing system
17.9.24
The startups’s Autonomous SOC platform uses AI models to simulate human analysts’ decision-making process, effectively functioning as an extension of the security team
16.9.24
The company, which initially raised $4.1M in Seed funding in Q4 of last year, has developed an AI-powered solution that enables businesses to automatically manage payments and vendor relationships
11.9.24
Backed by Team8 and SAP, the Israeli startup’s platform autonomously detects unknown financial risks, surfaces hidden anomalies, and proactively prevents them from escalating into financial or reputational damage for large enterprises
10.9.24
The Israeli startup targets breakthroughs in quantum computing with its photonic approach and growing investor confidence
The Israeli startup has developed an exploit engine that continuously and actively attempts to hack their customers' external-facing assets, identifying high-impact exposures before attackers can exploit them
DDD accounts for 35% of all lower back pain and an economic loss of $100 billion in the U.S. alone
9.9.24
The company helps customers to monitor data requests as they flow through their system, without requiring code changes or impacting performance
8.9.24
Zafran, which has developed a risk and mitigation platform to pinpoint exploitable threats in organizations, has raised over $70 million in the past six months, with Sequoia Capital leading the latest round
5.9.24
The Israeli startup’s system has helped to save more than $100 million worth of customer funds to date
The Israeli startup’s in-game audio advertising platform enables brands and studios to use audio adverts along with visual elements in a game
The Israeli startup helps compliance officers with a holistic view of their customer touchpoints across multiple channels to flag deviations from their established compliance policies and guidelines
3.9.24
The company has received an extension of $4.8 million just six months after its initial raise for its novel cell replacement
