Harel Group | Jotup

Bravo Property Trust Hires Gabi Moshayev

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星期二, 二月 27, 2024

Harel Group, Insurance, Tel Aviv Stock Exchange, Growth

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Bravo Property Trust, an affiliate of Bravo Capital and a leading privately held bridge and construction lender with a national presence and expertise in real estate finance, is pleased to announce the addition of Gabi Moshayev as the Chairman of the Bravo Property Trust.

Key Points:

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Bravo Property Trust, an affiliate of Bravo Capital and a leading privately held bridge and construction lender with a national presence and expertise in real estate finance, is pleased to announce the addition of Gabi Moshayev as the Chairman of the Bravo Property Trust.
Prior to joining Bravo Capital, Gabi Moshayev served as the CEO and worked on behalf of Harel Finance Alternative Ltd for fifteen years.
“We are confident that Gabi Moshayev will prove to be a valuable addition, contributing significantly to our continued growth, and ability to deliver exceptional and creative financing to our clients in the years ahead.” said Aaron Krawitz, CEO of Bravo Capital.
Mr. Moshayev stated, “I am excited to join a world-class financing organization, and to lead the next bridge fund.”
For more information about Bravo Property Trust, and Bravo Capital and its services, please visit https://www.bravocapital.com/ or contact (212-729-4962).

FLORA Ventures™ Launches $80M Fund Backed by Top Tier Investors to Invest in Sustainable AgriFood Tech Start-Ups

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星期三, 七月 19, 2023

TEL AVIV, Israel, July 19, 2023 /PRNewswire/ -- FLORA Ventures™ announces the launch of its $80M fund, and its first closing with commitments of $50M, making it the largest Israeli-based AgriFood VC. And, according to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals.

Key Points:

And, according to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals.
The fund's model is unique in that it is the first VC fund to tap the world's 'original' innovative agriculture pioneers – the Israeli Kibbutzim – as anchor investors and partners.
They secured funding in just four months by identifying an opportunity to fill technology gaps such as food security, digitization, sustainable agriculture, and food as medicine.
This gives FLORA access to a top tier institutional and financial investor that can provide support and follow-on investments to the fund's portfolio companies.

FLORA Ventures™ Launches $80M Fund Backed by Top Tier Investors to Invest in Sustainable AgriFood Tech Start-Ups

Retrieved on:

星期三, 七月 19, 2023

TEL AVIV, Israel, July 19, 2023 /PRNewswire/ -- FLORA Ventures™ announces the launch of its $80M fund, and its first closing with commitments of $50M, making it the largest Israeli-based AgriFood VC. And, according to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals.

Key Points:

And, according to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals.
FLORA Ventures invests in early-stage start-ups from two of the leading AgriFood ecosystems, Israel and Europe, that are building a healthier, more sustainable and resilient AgriFood system; and supports those ventures in scaling globally.
The fund's model is unique in that it is the first VC fund to tap the world's 'original' innovative agriculture pioneers – the Israeli Kibbutzim – as anchor investors and partners.
This gives FLORA access to a top tier institutional and financial investor that can provide support and follow-on investments to the fund's portfolio companies.

weSure Digital Launches Innovative Commercial Insurance Product in its First US State

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星期三, 二月 15, 2023

New York, NY, Feb. 15, 2023 (GLOBE NEWSWIRE) -- WeSure Digital Insurance Services, Inc. (“weSure Digital”), the US Managing General Agency (MGA) subsidiary of the international publicly traded insurance and technology group WeSure Global Tech Ltd (TASE: WESR) which currently writes over $1 billion of Gross Written Premium (GWP) globally as a multi-line and multi-segment insurance carrier, announced today the launch of its fully digital insurance offering in the US, starting with Business Owners Policy (BOP) packaged Property & Liability insurance product in the State of Ohio.

Key Points:

New York, NY, Feb. 15, 2023 (GLOBE NEWSWIRE) -- WeSure Digital Insurance Services, Inc. (“weSure Digital”), the US Managing General Agency (MGA) subsidiary of the international publicly traded insurance and technology group WeSure Global Tech Ltd (TASE: WESR) which currently writes over $1 billion of Gross Written Premium (GWP) globally as a multi-line and multi-segment insurance carrier, announced today the launch of its fully digital insurance offering in the US, starting with Business Owners Policy (BOP) packaged Property & Liability insurance product in the State of Ohio.
During the course of 2023, weSure Digital will expand to additional US States and will introduce additional products.
Emil Vainshel, Founder of weSure Global Tech and Chairman of the Board of weSure Digital, said: “We are thrilled to be launching this product and to offer our unique international digital insurance services now to the US market.
Barbara joins from Utica National Insurance Group, where she spent over 10 years in various product and distribution leadership roles, most recently leading Utica’s Small Commercial Segment.

Sproutt Launches SmartLife for Agents to Empower Agents with Predictive Life Insurance Sales Capabilities

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星期二, 六月 21, 2022

NEW YORK, June 21, 2022 /PRNewswire/ -- Sproutt, the life insurance company that uncovers the 'hidden' healthy aspects in everyone, today announced the launch of Sproutt SmartLife for Agents, enabling insurance producers in the US to offer life insurance products in the fastest and most convenient way. The new platform employs Sproutt's proprietary predictive Smart Routing technology to enable modern insurance producers to provide the best possible product to the most customers – helping close the 'needs gap' of 41 million Americans needing but lacking life insurance.

Key Points:

NEW YORK, June 21, 2022 /PRNewswire/ -- Sproutt , the life insurance company that uncovers the 'hidden'healthy aspects in everyone, today announced the launch of Sproutt SmartLife for Agents, enabling insurance producers in the US to offer life insurance products in the fastest and most convenient way.
In fact, agents saw an 11 percent increase in customers making purchases fully online.Sproutt SmartLife for Agents is bridging this virtual gap, providing access to digital life insurance policies for both sellers and consumers alike.
"With Sproutt SmartLife for Agents, we've enhanced our digital offering to make it even easier for independent agents to provide their customers fast, easy, and affordable life insurance options."
Save time and increase revenue: Sproutt SmartLife for Agents leverages technology to enable rapid policy acquisition, saving agents valuable time.

To Accelerate Business Activities, GenCell Raises Some NIS 112.5 million from the Harel Group, Migdal Insurance, Meitav-Dash and Other Investors in a Private Placement of Shares

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星期二, 一月 18, 2022

PETAH TIKVA, Israel, Jan. 18, 2022 /PRNewswire/ -- GenCell Energy, (TASE: GNCL), a leading Israel-based developer of green energy solutions based on fuel cells employing hydrogen and ammonia to power is preparing to accelerate its activities. To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities. The fundraising was carried out through a private placement of shares which constitutes approximately 10.4% of the company's capital (fully diluted), by a number of leading institutional entities in the Israeli capital market. Participants in the placement include the Harel Group which has become a stakeholder in the company and Migdal Insurance which has made an additional investment alongside other institutional investors.

Key Points:

To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities.
Participants in the placement include the Harel Group which has become a stakeholder in the company and Migdal Insurance which has made an additional investment alongside other institutional investors.
GenCell delivers resilient, robust and weather-resistant backup power for utilities, telecom and other mission-critical applications which have been deployed in 22 countries.
GenCell Energy numbers more than 110 employees, including veterans of space and submarine projects.

To Accelerate Business Activities, GenCell Raises Some NIS 112.5 million from the Harel Group, Migdal Insurance, Meitav-Dash and Other Investors in a Private Placement of Shares

Retrieved on:

星期二, 一月 18, 2022

To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities.

Key Points:

To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities.
Participants in the placement include the Harel Group which has become a stakeholder in the company and Migdal Insurance which has made an additional investment alongside other institutional investors.
GenCell delivers resilient, robust and weather-resistant backup power for utilities, telecom and other mission-critical applications which have been deployed in 22 countries.
GenCell Energy numbers more than 110 employees, including veterans of space and submarine projects.

Sunbit Achieves Rapid Growth in 2021 as it Doubles Transaction Volume YoY and Increases Footprint by Nearly 100%

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星期四, 一月 13, 2022

Patient, Technology, Psagot Investment House, Ascent, Optometry, Nikon, Unicorn, Growth, Harel Group, Volkswagen, Transport, Capital, Eyemart Express, Engineering, Budget, Partnership, Health insurance, Online shopping

To fuel growth, the company closed a $130M Series D round in April 2021, bringing its total funding to date to 210M.

Key Points:

To fuel growth, the company closed a $130M Series D round in April 2021, bringing its total funding to date to 210M.
Today, Sunbit is available in parts and service departments in 5,000+ auto dealership locations, nearly 1 in 3 in the US.
In 2021, Sunbit has also made major headway in healthcare with nearly 3,500 optical and dental practices now offering its BNPL solution.
Sunbit eases the stress of buying everyday things by offering access to fast, fair and transparent payment options to people everywhere.

Mindspace Raises 72 Million Dollars From Institutional Investors

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星期三, 十一月 24, 2021

The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Shalom Meckenzie, Arkin Holdings and existing investors.

Key Points:

The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Shalom Meckenzie, Arkin Holdings and existing investors.
Mindspace, founded in 2014 by Dan Zakai and Yotam Alroy, currently operates 32 branches in 17 cities in seven countries, spread over 100,000 square meters (over 1 million sq.
Mindspace serves a wide variety of companies; about 41% are large enterprises and corporations and 38% are small and medium-sized companies.
"Mindspace is experiencing an impressive growth momentum and high demand in all its locations", says Dan Zakai, CEO and Co-founder of Mindspace.

Mindspace Raises 72 Million Dollars From Institutional Investors

Retrieved on:

星期三, 十一月 24, 2021

The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Arkin Holdings and existing investors.

Key Points:

The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Arkin Holdings and existing investors.
Mindspace, founded in 2014 by Dan Zakai and Yotam Alroy, currently operates 32 branches in 17 cities in seven countries, spread over 100,000 square meters (over 1 million sq.
Mindspace serves a wide variety of companies; about 41% are large enterprises and corporations and 38% are small and medium-sized companies.
"Mindspace is experiencing an impressive growth momentum and high demand in all its locations," says Dan Zakai, CEO and Co-founder of Mindspace.