MyHeritage

Company Overview

Snapshot

Founded in May 2003 by Gilad Japhet, MyHeritage operates with over 500 employees. The company has raised $49 million across 5 funding rounds from 7 investors. In February 2021, MyHeritage was acquired by Francisco Partners.

Business overview

MyHeritage is a discovery platform dedicated to exploring family history, leveraging billions of historical records and family tree profiles. The company utilizes sophisticated matching technologies across its assets to help users uncover their past. MyHeritage DNA is one of the world's largest consumer DNA databases, and since 2020, the company has integrated advanced AI technologies for animating, repairing, enhancing, and colorizing historical photos. It operates within the Media & Entertainment Technologies sector, serving consumers interested in genealogy and genetic insights.

Strategic signal

In December 2025, MyHeritage began exploring a potential sale with a valuation of approximately $1 billion, four years after its acquisition by Francisco Partners. This indicates strong growth and market interest in its genealogy services and AI-powered tools, suggesting significant investor confidence in its continued expansion and technological advancements within the competitive genealogy market.

Company Intelligence Q&A

What was the most recent significant corporate development for MyHeritage?

In December 2025, MyHeritage began exploring a potential sale with a valuation of approximately $1 billion, four years after its acquisition by Francisco Partners.

When did MyHeritage expand its office space in Or Yehuda?

In May 2024, MyHeritage expanded its office space in Or Yehuda, Israel, adding an 800 square meter area to accommodate approximately 50 more employees, reflecting over a decade of growth.

What was the outcome of the class action lawsuit against MyHeritage regarding a data breach?

In March 2023, the Tel Aviv District Court approved a settlement in a class action lawsuit against MyHeritage due to a data breach. As part of the settlement, MyHeritage agreed to provide eligible customers with a month of free use of their photo animation software and pay 675,000 shekels to a fund for class action lawsuits.

When did MyHeritage make Israeli immigration records accessible online?

In January 2023, MyHeritage posted 1.7 million Israeli immigration records online, covering arrivals to Israel for about 60 years starting in 1919, making them searchable in multiple languages.

When was MyHeritage acquired and by whom?

In February 2021, MyHeritage was acquired by Francisco Partners for an estimated $600-700 million. Existing shareholders, including HP Beteiligungs GmbH and Rakavy, reinvested alongside Francisco Partners.