Growth investor Qumra Capital has closed its Qumra Capital III fund with $260 million in investments. Qumra says that this fund enhances its capacity to invest in Israel’s top performing tech growth companies.
Founded in 2014 and Led by Boaz Dinte, Erez Shachar, Sivan Shamri Dahan and Daniel Slutzky Qumra Capital boasts that it is Israel’s first investment fund that focuses on strong performing technology companies.
Two such companies which Qumra has already invested in are Israeli DevOps software maker startup Jfrog and Augury, an Israeli AI-based Machine Health solution provider,
“We are grateful for the vote of confidence placed by our investors at these uncertain times,” Erez Shachar, Managing Partner at Qumra. “This significant funding will enable us to continue supporting Israel’s thriving growth industry as its scales, reaching new heights year after year. Since founding Qumra I in 2014, Israel’s growth market has evolved significantly with companies reaching significant milestones and maturity before being acquired or going public. We are humbled to have supported the growth of some of the most exciting companies in the market.”
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“Qumra III will follow the same strategy of investing in fast growth, revenues generating companies with a proven product- market-sales fit,” said Sivan Shamri Dahan, Qumra’s Managing Partner. “We will continue to lead growth investment rounds with $15-30 million investments in companies led by strong management teams that have global market leadership potential. We are driven by the passion to build large Israeli companies that will showcase Israeli technology globally and propel the Israeli economy.”
Boaz Dinte, Managing Partner at Qumra said that “our leadership position in the market is the result of our close ties with the entrepreneurial community. We are open and trusted advisors to the companies we invest in that receive our full collective experience and count on an entrepreneur friendly attitude, every step of their journey.”