Boston-based but Israel-focused venture capital firm Flint Capital has appointed David Feldman to represent its Israel office.
Feldman joined Flint Capital as a Principal, according to his LinkedIn profile. He was previously an investor in Jerusalem Venture Partners.
Before joining JVP, Feldman was the head of the fintech vertical for Deloitte Catalyst where he worked with the company’s multinational clients to identify and implement Israeli technology solutions in their organizations.
Flint Capital typically backs early-stage software companies that specifically address verticals such as enterprise software, fintech, cybersecurity, DevOps, cloud, digital health, and consumer applications.
Israel-based or Israeli-origin companies backed by Flint Capital include WalkMe, CyberX (acquired by Microsoft), Voca.ai (acquired by Snap), Loom Systems (acquired by ServiceNow), and Flo Health.
To date, Flint Capital has raised four funds. The VC firm’s first two funds closed at over $100 million each. Flint Capital III and Flint Capital Opportunities Fund are now operational. These two funds make investments in the $500,000-$10 million range in early stage startups.
“Israel’s startup ecosystem remains within the core strategy of Flint Capital, which makes up half of our portfolio,” Flint Capital’s General Partner, Sergey Gribov, was quoted as saying by the Israeli news website Calcalist. “We believe that investing in our presence in Israel while having a US-based HQ strategically positions us to continue to provide value to our companies.”
Related