UpWest Announces $70M Fund IV to Double Down on Seed Funding for Israeli Founders

Silicon Valley-based venture fund, UpWest, today announced it closed on an oversubscribed $70M Fund IV to double down on its strategy backing Israeli founders breaking into the US market. 

The new fund is led by Partners Shuly Galili, Gil Ben-Artzy and Assaf Wahrhaft, and is backed by leading institutional LPs; among them fund of funds, pension funds, banks, endowments and family offices, as well as notable tech founders and CEOs. The fund has announced it has expanded its presence in Tel Aviv with a new office led by Assaf Wahrhaft and Principal, Lia Cromwell. 

UpWest invests in Israeli founders in the early stages of their companies, leading the Pre-Seed and Seed rounds. UpWest’s unique cross-border approach supercharges startups planning to enter and expand into the US market by providing early access to customers, talent and capital. As a result, the fund has amassed the largest portfolio of Israeli companies with their headquarters in the US. 

Established in 2012 in Silicon Valley by Founding Partners Gil Ben-Artzy and Shuly Galili, UpWest is a first-check investor in leading Israeli companies such as cybersecurity leader SentinelOne (valued at over $10B at recent IPO), HoneyBook, a business software leader recently valued at over $2.5B, AP automation fintech startup, Stampli, AI-process optimization platform Imubit, attack surface management platform CyCognito, and many more. 

“After a decade of being a key partner to top Israeli entrepreneurs at the inception of their startups, UpWest is thrilled to expand it’s seed and pre-seed investments backing the next generation of Israeli founders,” said Gil Ben-Artzy. “Raising this fund is a testament to the strategy we’ve had since day one -- to help entrepreneurs break into the US market -- and the trust and track record we’ve established among the founder community.”

About UpWest
UpWest is a Silicon Valley-based seed fund investing in Israel’s most promising entrepreneurs. UpWest is focused on a hands-on approach to supercharge the growth of its startups, providing the essential ingredients for success: seed funding, proximity and access to markets and capital, and a supportive community of talented peers. For more information, visit upwest.vc

Contact Information

James Christopherson

PR Manager

UpWest

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