The sums of the exits of Israeli cyber companies in 2023 broke records, and exceeded 7.1 billion dollars – this is a 65% increase compared to 2.45 billion dollars in 2022, and 22.5% compared to 5.5 billion dollars in 2021.
These data come despite the fact that the number of exits in the field has dropped. The first quarter of 2024 also opened positively. Despite the war, Israeli cyber recorded exits totaling 985 million dollars.
Divided into fundraising rounds, in the first quarter of 2024 $51.77 million was invested in seed companies, $48 million in round A companies, $30.25 million in round B companies, $15 million in stage C companies, and $476 million in late stage companies (round D and beyond). In the past six years, the late recruitment rounds (Round D onwards) are leading. On the other hand, the seed rounds raised the least amount of capital, although the most investments were registered.
The founder of Cybertech, Amir Rappaport, explains that “Cyber companies symbolize the resilience of Israeli high-tech, and even in a tense security and political situation they are a safe support for Israeli innovation. The trend of surge in mergers and acquisitions in Israeli cyber that began last year continues in 2024 as well, while global cyber threats are increasing per year. Unlike other industries, geopolitical tensions increase interest in cyber companies and investment in them, so we expect to see more investments in Israeli cyber companies and new startups that will answer new threats. We are proud to host the top local and global cyber industry for the tenth time, as well as provide a platform for groundbreaking Israeli innovation at the conference The biggest cyber in Israel”.
522 cyber companies operate in Israel. Most of them are in the stages of first revenues (276 companies), and the rest are in the research and development stages (125 companies), growth companies (revenues of 10 million dollars a year or more – 96 companies), and seed (25 companies).
In the years 2014-2024, Israeli cyber companies raised $2.64 billion, and during this decade the exits of Israeli cyber companies amounted to $2.506 billion.
