J-VENTURES

J-Ventures expands with $36 million third fund

Julian Vance
Julian Vance
NewsHue Author
Oded Hermoni, managing partner of J-Ventures, speaking about the firm's growth and new $36 million fund.

J-Ventures has closed its third fund at $36 million, a figure that exceeds its original goal by 44 percent. This brings the firm's total assets under management to approximately $110 million. The venture capital group operates as a network of 600 investors, executives, and entrepreneurs, focusing on early-stage startups in Israel and the United States.

Founded by Jim Kosland and Oded Hermoni, the firm describes its structure as a Capitalist Kibbutz. This model encourages active participation where community members contribute business expertise, recruiting support, and strategic guidance alongside their financial commitments. To maintain an egalitarian structure, the firm caps individual investment commitments at $500,000.

Since its inception, J-Ventures has backed nearly 50 companies, including names like Descope, Finout, and Bria AI. The community includes senior leaders from organizations like Nvidia, Google, and Meta, as well as several rabbis from various movements. The firm reports that its portfolio companies have secured more than $2.5 billion in follow-on funding.

The new capital is already being put to work, with five initial investments made in startups such as CopilotKit, Strawberry.me, Gacey, Tego, and Zenskar. Beyond its core venture activities, the firm manages an impact fund and a program aimed at training the next generation of tech entrepreneurs.

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Julian Vance
Julian Vance
Julian Vance is a leading voice in business and finance journalism, breaking down market trends and economic policies.