# Team8 Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/team8-labs

- Industry: Financial Services
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.team8.vc
- Total disclosed funding: $56M
- Latest round: Series B (Feb 23, 2016)
- Investors on record: 13

## About

Team8 Labs Ltd. is a venture creation and venture capital firm that focuses on building and investing in innovative companies in sectors such as cybersecurity, AI, fintech, and digital health.Founded in 2014, Team8 Labs Ltd. operates from its headquarters in Tel Aviv-Yafo, Israel. The company specializes in creating and investing in new ventures that address enterprise challenges. The founders include Baruch Levy, Israel Grimberg, Liran Grinberg, Sagi Polani, and Sarit Firon, with Baruch Levy serving as the CEO. Team8 Labs has participated in a total of 6 deals, with the most recent funding round occurring on July 31, 2020, where they raised USD 30 mn, bringing the total amount raised to USD 30 mn.Team8 specializes in venture creation and venture capital, focusing on building and investing in companies across enterprise technology, cybersecurity, artificial intelligence (AI), fintech, and digital health. Their core offerings include a collaborative model that partners with entrepreneurs to co-found new companies or invest in existing ventures, leveraging their extensive network of C-level executives, researchers, and technologists. This model aims to address significant enterprise challenges by developing tailored technological solutions that enhance operational efficiency and innovation. Team8's clients include startups and established enterprises in North America and Europe seeking to digitalize their operations and enhance security protocols.Team8 generates revenue primarily through equity stakes in the startups they co-found and invest in, often participating in funding rounds such as Seed, Series A, and Series B. Their business model facilitates B2B transactions, wherein companies benefit from Team8’s investment and collaborative support while gaining access to a network of resources including strategic insights and customer connections. This structure typically involves partnerships with portfolio companies, where Team8 provides not only capital but also expertise in areas like cybersecurity and fintech, thus creating a comprehensive support ecosystem. Revenue is realized through successful exits such as acquisitions or public offerings of the companies within their portfolio.In July 2020, Team8 Labs Ltd. raised USD 30 mn in venture funding, which they plan to utilize for expanding their operations and developing new products aimed at enhancing their offerings in cybersecurity and fintech. The company is also exploring opportunities to expand into new markets, particularly in North America and Europe, focusing on strategic partnerships that can aid in this endeavor.

## Funding rounds

- Series B, Feb 23, 2016, $23M — Alcatel-Lucent Ventures, Temasek Holdings, Qualcomm, Microsoft, Cisco Systems, Soros Fund Management, Bessemer Venture Partners, AT&T Inc., Innovation Endeavors, Marker, Accenture Technology Ventures, Nokia, Mitsui & Co.
- Series A, Feb 10, 2015, $18M — Alcatel-Lucent Ventures, Cisco Systems, Bessemer Venture Partners, Innovation Endeavors, Marker
- Series A, Jun 24, 2014, $15M — Cisco Systems, Bessemer Venture Partners, Innovation Endeavors, Marker, Nokia

## Investors

- Cisco Systems — Series A, Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A, Series B
- Marker (https://capitalatlas.ai/funds/marker) — Series A, Series B
- Nokia — Series A, Series B
- Alcatel-Lucent Ventures (https://capitalatlas.ai/funds/alcatel-lucent-ventures) — Series A, Series B
- Temasek Holdings — Series B
- Qualcomm — Series B
- Microsoft — Series B
- Soros Fund Management — Series B
- AT&T Inc. — Series B
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series B
- Mitsui & Co. — Series B