# Model9

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/model9

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.model9.io
- Total disclosed funding: $9M
- Latest round: Series A (Feb 12, 2020)
- Investors on record: 5

## About

Model9 Ltd., based in Israel, provides advanced data management solutions for hybrid IT environments. Their innovative approach enhances cloud integration and streamlines data accessibility for enterprises.Founded in 2016 and headquartered in Tel Aviv, Israel, Model9 Ltd. specializes in data management solutions. The company was co-founded by Gil Peleg, who has a history of entrepreneurial ventures. In April 2023, Model9 was involved in a significant acquisition when BMC Software, Inc. agreed to acquire the company from its investors, which included StageOne Ventures, GlenRock Israel, North First Ventures, and Intel Capital. Following the acquisition, Model9 has raised a total of USD 9.00 mn, with the latest funding round being a Series A led by Intel Capital.Model9 Ltd. offers advanced data management solutions designed to optimize data accessibility and performance in hybrid IT environments. Their core offerings simplify cloud integration and data management for enterprises, ensuring efficient data flow and accessibility. Model9's solutions cater to various sectors, including finance and healthcare, helping organizations manage large volumes of data effectively across global markets.Model9's revenue model is based on subscription services that provide clients with tailored data management solutions. Clients engage through various pricing plans suited to their operational scale, typically involving monthly or annual fees. This structure fosters long-term partnerships and ensures a consistent revenue stream, as enterprises increasingly rely on Model9's solutions for their hybrid IT needs.In line with their growth strategy, Model9 Ltd. plans to enhance its product offerings and expand into new markets. The recent acquisition by BMC Software will allow Model9 to reinforce its position within the AMI portfolio, focusing on integrating hybrid IT solutions from mainframe to cloud. The funding secured will support the development of new products aimed at broadening their service capabilities. Model9 is targeting expansion in North America and Europe, with specific plans to launch updated services by the end of 2024.

## Funding rounds

- Series A, Feb 12, 2020, $9M — Intel Capital, StageOne Ventures, GlenRock Israel, North First Ventures
- Seed, Dec 1, 2017 — StageOne Ventures, GlenRock Israel, North First Ventures, Log-on.com
- Seed, Dec 31, 2016 — StageOne Ventures, Log-on.com

## Investors

- StageOne Ventures (https://capitalatlas.ai/funds/stageone-ventures) — Seed, Series A
- Log-on.com — Seed
- GlenRock Israel (https://capitalatlas.ai/funds/glenrock-israel) — Seed, Series A
- North First Ventures (https://capitalatlas.ai/funds/north-first-ventures) — Seed, Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A