Flint Capital hires former JVP exec to ramp up Israel presence

 Flint Capital hires former JVP exec to ramp up Israel presence

Boston-based but Israel-focussed venture capital firm Flint Capital has appointed David Feldman to represent its Israel office.

Feldman has joined Flint Capital as Principal, according to his LinkedIn profile. He was previously an investor at Jerusalem Venture Partners.

Before joining JVP, Feldman was the head of the fintech vertical for Deloitte Catalyst where he worked with the firm’s multinational clients to identify and implement Israeli technology solutions throughout their organisations.

Flint Capital mostly backs early-stage software companies that specifically cater to verticals such as enterprise software, fintech, cybersecurity, DevOps, cloud, digital health, and consumer applications.

The Israel-based or Israeli-origin companies that Flint Capital has backed include WalkMe, CyberX (acquired by Microsoft), Voca.ai (acquired by Snap), Loom Systems (acquired by ServiceNow), and Flo Health.

Flint Capital has so far raised four funds. The VC firm’s first two funds closed at over $100 million each. Flint Capital III and Flint Capital Opportunities Fund are now operational. These two funds make investments in the range of $500,000-$10 million across early-stage startups.

“Israel’s startup ecosystem remains within Flint Capital’s core strategy, making up half of our portfolio,” Flint Capital’s General Partner, Sergey Gribov, was cited as saying in Israeli news website Calcalist. “We believe investing in our Israel presence while having a US-based HQ strategically positions us to continue to provide value to our companies.”

Aman Malik

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