# LogsHero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/logshero

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.logz.io/
- Total disclosed funding: $123M
- Latest round: Series E (Nov 24, 2020)
- Investors on record: 8

## About

LogsHero Ltd. is an Israel-based company that specializes in AI-driven observability solutions, enabling organizations to efficiently monitor and analyze their distributed systems for enhanced operational performance.LogsHero Ltd. was founded in 2014 and is headquartered in Tel Aviv-Yafo, Israel. The company focuses on providing observability solutions in the technology sector, without any noted pivots in strategy. The co-founders, Asaf Yigal and Tomer Levy, have brought their expertise to the firm, with Tomer Levy currently serving as CEO. LogsHero Ltd. has successfully raised a total of USD 23.00 mn through its latest funding round, a Series E, which occurred on November 24, 2020, led by Pitango Venture Capital along with other investors including General Catalyst Partners. Overall, the firm has completed 7 deals in its history.Logz.io offers a comprehensive suite of observability solutions powered by artificial intelligence, designed to enhance the monitoring and analysis of distributed systems. The core product is an AI-driven observability platform that integrates log management, infrastructure monitoring, and distributed tracing, enabling businesses to gain full visibility into their environments and identify performance bottlenecks effectively. Targeted primarily at software engineering and IT teams, Logz.io's solutions are utilized by organizations to streamline operations, reduce mean time to resolution (MTTR), and accelerate the deployment of new features. The platform is particularly beneficial for customers transitioning from open-source tools such as the ELK Stack or Prometheus, providing a managed service that retains flexibility and control. Logz.io serves a diverse client base across various geographical markets, including North America, Europe, and Asia, catering to industries that require robust monitoring solutions to maintain operational efficiency.Logz.io generates revenue through a subscription-based model, providing clients with tiered pricing plans that cater to different levels of service and feature access. These plans typically include options for varying data retention periods and integration capabilities, allowing customers to select a package that aligns with their operational needs. The firm’s transactions primarily involve B2B engagements, where organizations subscribe to the observability platform to monitor their infrastructure and applications in real-time. Through these subscriptions, clients gain access to flagship services such as the AI Agent, which enhances the investigation and root cause analysis processes, driving significant cost savings and efficiency improvements. The company’s pricing structure is designed to ensure that customers pay for the value they derive from the platform, optimizing their telemetry data management and operational costs.LogsHero Ltd. aims to leverage its recent Series E funding of USD 23.00 mn to drive its future growth strategies. The company plans to enhance its product offerings by developing new solutions that will further integrate AI and machine learning capabilities into its observability platform. Additionally, LogsHero is targeting expansion into new markets, particularly in Asia and South America, with a goal to establish a stronger presence by 2022. By utilizing the funds raised, LogsHero seeks to invest in product development and marketing initiatives to support these growth objectives.

## Funding rounds

- Series E, Nov 24, 2020, $23M — Pitango, General Catalyst Partners
- Series D, May 29, 2019, $52M — General Catalyst Partners, N47, Greenspring Associates, Giza Venture Capital, Vintage Investment Partners, OpenView, 83 North
- Series C, Nov 15, 2017, $23M — Giza Venture Capital, Vintage Investment Partners, OpenView, 83 North
- Series B, Nov 15, 2016, $16M — Giza Venture Capital, OpenView, 83 North
- Series A, Oct 5, 2015, $8M — Giza Venture Capital, 83 North
- Seed, Feb 17, 2015, $1.2M — Giza Venture Capital

## Investors

- Giza Venture Capital (https://capitalatlas.ai/funds/giza-venture-capital) — Seed, Series A, Series B, Series C, Series D
- 83 North (https://capitalatlas.ai/funds/83-north) — Series A, Series B, Series C, Series D
- OpenView (https://capitalatlas.ai/funds/openview) — Series B, Series C, Series D
- Vintage Investment Partners (https://capitalatlas.ai/funds/vintage-investment-partners) — Series C, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series D, Series E
- N47 (https://capitalatlas.ai/funds/n47) — Series D
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series D
- Pitango (https://capitalatlas.ai/funds/pitango) — Series E