Swish Ventures

growth-positive

Swish Ventures, founded by former NBA player Omri Casspi, has raised $60 million for its second Seed stage venture fund. The fund plans to invest in around 10 startups, with each deal ranging from $5 to $7 million. Notable investors include Sequoia, Israeli and American institutional investors, and over 25 serial entrepreneurs. Swish Ventures manages approximately $125 million in assets, with portfolio companies such as PointFive, Eon, and Upwind. Dana Alexandrovich has joined as an Operating Partner, bringing her experience from Microsoft Israel. The fund emphasizes the importance of the high-tech sector in Israel and its role in attracting foreign investments. Swish Ventures has also partnered with Sheryl Sandberg to raise awareness about humanitarian issues.

growth-positive

Swish Ventures, founded by former NBA player Omri Casspi, has raised $60 million for its second Seed stage venture fund. The fund plans to invest in approximately 10 startups, with each deal ranging from $5 to $7 million. Notable investors in the fund include Sequoia, pension funds, and over 25 serial entrepreneurs. Swish Ventures manages around $125 million in assets, with portfolio companies such as PointFive, Eon, and Upwind. Dana Alexandrovich has joined as an Operating Partner, bringing her experience from Microsoft Israel. The fund emphasizes the importance of the high-tech sector in Israel and its role in attracting foreign investments. Swish Ventures has also partnered with influential figures like Sheryl Sandberg to support national interests.

growth-positive

Omri Casspi, a former NBA star and Israeli investor, is transitioning from the Sheva fund to establish a new venture capital fund, Swish Ventures. Swish Ventures has successfully closed a $60 million seed fund with investors including Sequoia and other prominent entrepreneurs. Casspis decision to leave Sheva, which will cease operations, stems from differing partner interests rather than performance issues. Sheva had achieved significant returns with investments in companies like EON and Upwind Security. Casspis new fund aims to leverage his extensive network and experience in tech investments, focusing on seed investments in promising startups. The article highlights Casspis connections with key figures in the tech industry and his strategic partnerships, which have positioned Swish Ventures for growth.