Updated:
Pitango Venture Partners
Pitango Venture Partners, founded by Chemi Peres and Rami Kalish in 1993, is Israel's largest VC firm with over $2.8B under management.
Pitango Venture Partners
Pitango Venture Partners 2004 Ltd. is an SEC-registered investment adviser in Tel Aviv, registered since 2023. It advises on investment strategies.
General information
Firm type
Venture Capital
Year founded
1993
AUM
Over $2.8 billion (Altss estimate)
Location
Region
Middle East
Country
Israel
City
Herzliya
Corporate office
Herzliya, Israel
Principals
Chemi Peres
Co-Founder & Managing Partner
Rami Kalish
Co-Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Pitango?
Investment decisions are led by co-founders and managing partners Chemi Peres and Rami Kalish, alongside other general partners including Aaron Mankovski and Isaac Hillel. The firm operates with separate investment committees for its early-stage and growth-stage funds, allowing dedicated focus at each stage.
How does Pitango structure its funds across investment stages?
Pitango operates parallel early-stage and growth-stage fund vehicles within the same firm. Each fund has its own dedicated investment committee and capital pool, enabling the firm to support portfolio companies from seed to late-stage without needing to exit positions prematurely or rely on external co-investors for follow-on rounds.
What is Pitango's geographic investment focus?
Pitango concentrates primarily on Israel-based companies but also makes selective investments in the United States and Europe. The firm's core competency remains the Israeli technology ecosystem, where it has operated since 1993.
Which sectors does Pitango explicitly avoid?
Pitango does not publicly maintain a formal exclusion list, but the firm's historical portfolio focuses on deep-technology sectors — Enterprise Software, AI/ML, Cybersecurity, Digital Health, FinTech, and Mobility. The firm has not been active in consumer-goods, retail, or traditional heavy-industry investments.
Does Pitango participate in fund commitments or only direct deals?
Pitango invests directly into portfolio companies through its own venture funds and does not operate as a fund-of-funds. The firm's model relies on direct equity positions, with the dual-fund structure providing capacity for both initial seed investments and later-stage follow-ons.
What was Pitango's role in the development of Israel's tech ecosystem?
Pitango was one of the first institutional venture firms in Israel when it launched in 1993, predating the 'startup nation' branding by more than a decade. The firm backed foundational Israeli tech companies including Radware and Taboola, and its growth-stage funds have supported global breakouts like Via Transportation.
How does Chemi Peres's background shape the firm's positioning?
Chemi Peres is the son of Shimon Peres, the late Israeli president and prime minister who drove the country's technology-focused economic transformation. This lineage connects Pitango to Israel's state-building technology project, though the firm operates strictly as a commercial venture investor rather than a policy vehicle.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: