# Kormeli

Kormeli is a Private Equity based in Burlington, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Burlington, United States
- **Region:** North America
- **Address:** Burlington, MA, United States
- **Founded:** 2011
- **Assets under management:** Undisclosed
- **Website:** www.kormeli.com
- **LinkedIn:** linkedin.com/company/kormeli

## Regulatory record

- **Reports private funds:** No

## About

Kormeli is a venture capital firm that invests in technology startups and early-stage companies. It has made 18 investments to date. Kormeli invested in Carevoyance in an Unattributed VC round on August 09, 2021.

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- Cybersecurity
- Media & Entertainment

## Questions

### Who runs investment decisions at Kormeli?

Investment decisions are driven by Avishai Abrahami, co-founder of Wix.com,. The group does not operate with a formal investment committee of external LPs — deployment reflects the founders’ own technical and product judgment shaped by scaling Wix from a small startup into a publicly traded global platform.

### How does Kormeli source its deal flow?

Kormeli sources primarily through the personal networks Avishai Abrahami has built within the Israeli and broader technology founder community during two decades of operating Wix. The firm does not rely on publicized inbound processes or a large sourcing team. Its investments often surface via direct founder referrals from the Wix ecosystem and Israeli tech circles.

### Is Kormeli structured as a venture capital fund?

No. Kormeli is not structured as an institutional venture capital fund with external limited partners. It deploys personal capital from the Abrahami family and operates with no disclosed fund lifecycle, giving it permanent capital characteristics closer to an operator-led family investment vehicle than a traditional VC firm.

### Does Kormeli lead rounds or co-invest?

Kormeli has led seed rounds and participated as a co-investor alongside venture funds. For example, the group was an early backer of Verbit alongside other institutional investors. Its ability to lead depends on check size relative to round demand, but the group’s typical posture is flexible, acting as either a lead or a syndicate participant based on the founder relationship.

### What is Kormeli's relationship to Wix.com?

Kormeli is a separate entity from Wix.com, but its principals — Avishai and Nadav Abrahami — remain Wix’s active co-founders and key executives. The investment group is funded by their personal wealth generated from Wix and operates independently of the public company's treasury or corporate development activities.

## Related profiles

- [Korify Capital](https://altss.com/profile/korify-capital)
- [Koro Capital](https://altss.com/profile/koro-capital)

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Last updated: 2026-06-28T22:10:02.849Z

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