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About North First Ventures
North First Ventures is a venture capital firm founded in 2017. It is primarily based out of Tel Aviv, Israel. As of Jun 2023, North First Ventures has invested in 12 companies. It primarily invests in Series A round in Israel based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and Auto Tech. Most recently it participated in the $***** Series B round of NoTraffic Overall, North First Ventures portfolio has seen 2 acquisitions, namely Octopai and Model 9. A lot of funds co-invest with North First Ventures, with names like Lool Ventures sharing a substantial percentage of its portfolio. North First Ventures has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
North First Ventures' List of Top Investments
North First Ventures has a portfolio of 12 companies. Their most notable investments are in Futora and ShapeShift Gaming.Their portfolio spans across Israel, United States and United Kingdom. They have invested in Enterprise Applications, Enterprise Infrastructure, Auto Tech and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by North First Ventures:
1. NoTraffic
Provider of an AI mobility platform for traffic management solutions. The platform offers edge devices and AI detection for intersections. It features a cloud-based intersection management system. The platform includes a mobility store for applications. It also provides a managed operations center.
Key facts about NoTraffic
- Founded Year: 2017
- Location: Overland Park (United States)
- Stage: Series C
- Total Funding till date: $161M
- Employee Count: 177 as on May 31, 2026
- Investors: Invesco, Balderton Capital and 19 Others
- Latest Funding Round: Series C, Mar 24, 2026, $*****
2. Home365
AI & IoT-enabled property management services. The company offers end-to-end rental management services including property management, maintenance/repairs management, tenant & lease management, and vacancy insurance. Additionally, the company also offers services such as pool cleaning, maintenance, and lawn care/landscaping. It claims to use onboard sensors to monitor the properties in real-time. Its mobile app is available for Android and iOS devices.
Key facts about Home365
- Founded Year: 2016
- Location: Palo Alto (United States)
- Stage: Series B
- Total Funding till date: $42.3M
- Employee Count: 123 as on Jul 31, 2026
- Investors: Viola Group, O.G. Tech and 13 Others
- Latest Funding Round: Series B, Mar 29, 2022, $*****
- Highlight: Editors' Pick
3. Octopai
Provider of data lineage platform for enterprise data estate management. The platform offers automated metadata harvesting and data lineage mapping. It provides data discoverability with multi-layered lineage and hybrid compatibility. The platform supports on-premises, cloud, and hybrid systems with cross-system and granular lineage. It allows users to trace failures, eliminate redundant processes, and enforce quality rules.
Key facts about Octopai
- Founded Year: 2015
- Location: Rosh Haayin (Israel)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 22 as on Jul 31, 2026
- Investors: iAngels, Microsoft Accelerator and 8 Others
- Latest Funding Round: Series A, Jul 22, 2018, $*****
- Highlight: Acquired
4. Model 9
Model 9 offers a platform for software defined mainframe backup. The platform runs on zIIPs, IFLs or in a combination of with open-system servers. The platform can be used to store backups and archives on any storage types which are cloud, mainframe, and open systems. It offers a web interface that is used to manage and monitor backup operations, find and restore data sets, a real-time notification with built-in encryption.
Key facts about Model 9
- Founded Year: 2015
- Location: Tel Aviv (Israel)
- Stage: Acquired
- Total Funding till date: $13.8M
- Employee Count: 6 as on Jul 31, 2026
- Investors: GlenRock Israel, Intel Capital and 2 Others
- Latest Funding Round: Series A, Feb 12, 2020, $*****
- Highlight: Acquired
5. Veego
Provider of AI-based network security solutions for IoT applications. It offers a security platform that automatically identifies, understands and resolves malfunctions in edge devices and gateways in the IoT ecosystem. It can be deployed on smart-home hubs, routers, and end-devices, for employing AI and machine learning algorithms to detect malfunctions, analyze their root cause, and fix them autonomously even before their impact is felt. The company claims that its recording and analysis capabilities collect immense volumes of crucial performance information about the broad device ecosystem and the applications within it, perpetually analyzing anomalies and assessing their cause.
Key facts about Veego
- Founded Year: 2018
- Location: Ramat Gan (Israel)
- Stage: Series A
- Total Funding till date: $18M
- Employee Count: 27 as on Jul 31, 2026
- Investors: Amdocs, Robert Bosch Venture Capital and 3 Others
- Latest Funding Round: Series A, Aug 24, 2021, $*****
- Highlight: Editors' Pick
North First Ventures' Year-on-Year Investment Trends
North First Ventures has invested in 12 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Gaviti and most recent follow-on round was in NoTraffic.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 3 | 2 | 5 |
2020 | 1 | 0 | 1 |
2019 | 3 | 0 | 3 |
2018 | 2 | 0 | 2 |
2017 | 1 | 0 | 1 |
North First Ventures' Investments by Stage
North First Ventures has made 6 investments in Seed stage with an average round size of $3.78M and 5 investments in Series A stage with an average round size of $8.96M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 5 |
Note: We have considered here, only first round of investments
North First Ventures' Investments by Sector
North First Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Auto Tech, Consumer and Enterprise Infrastructure. Notably, it has invested in 12 Tech companies, 11 Software companies, 9 Enterprise (B2B) companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
Vertical SaaS | 4 |
Auto Tech | 2 |
Consumer | 2 |
Enterprise Infrastructure | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
North First Ventures' Investments by Geography
North First Ventures has made most investments in Israel (8), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Israel | 8 |
United States | 2 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
North First Ventures' recent investments
North First Ventures has not made any investment in 2026 so far.Here are the most recent investments by North First Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 27, 2023 | United States | Series B | 2203 | [+8] | |
Apr 05, 2022 | Israel | Series A | 5970 | [+3] | |
Oct 10, 2021 | Israel | Series A | 6806 | [+2] | |
Aug 24, 2021 | Israel | Series A | 3058 | ||
Jul 13, 2021 | United States | Series A | 9850 | [+8] |
Acquired companies in North First Ventures' Portfolio
2 companies from North First Ventures' portfolio have been acquired. The most recent acquisition was Octopai in Nov 2024 by Cloudera for $*****.Here are North First Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 15, 2024 | Jul 22, 2018 | Series A | 9748 | |
Apr 25, 2023 | Feb 12, 2020 | Series A | 6215 |
Team profile of North First Ventures
North First Ventures has a team of 2 members located in Israel. North First Ventures' team does not sit on the board of any company as of now.Co-investors of North First Ventures
Over the past 9 years, 55 investors have co-invested in North First Ventures's portfolio companies. This includes funds and angels.
- Invested before North First Ventures: Hundred Plus Club, Moneta and 1 other have invested in rounds before North First Ventures. There is 1 company where Hundred Plus Club has invested before North First Ventures and 1 company where Moneta has invested before North First Ventures.
- Top Co-investors of North First Ventures: 34 investors entered a company along with North First Ventures. These include investors like Lool Ventures (2 companies).
- Invested after North First Ventures: A total of 18 investors have invested in North First Ventures's portfolio after their investments. Top Investors include PSG (1 company), M&G (1 company) and Grove Ventures (1 company).
Recent News related to North First Ventures
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NoTraffic AI platform raises $50m fundingITS International•Jun 27, 2023•M&G, TMG Consulting, Alchimia Investments, Meitav and 8 others
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British fintech SteadyPay closes a $3M seed round. Ukrainian N1 fund is among the investorsAIN.Capital•Mar 02, 2023•SteadyPay, AIN.Capital, North First Ventures, Ascension and 2 others
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Gaviti raises $9 million in a Series A funding roundTechgist Africa•Apr 12, 2022•Gaviti, Flashpoint, Moneta, North First Ventures and 5 others
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Israeli-Founded Proptech Firm Home365 Raises $26MNoCamels•Mar 29, 2022•Home365, Viola Group, Greensoil PropTech Ventures, Ofer Global and 5 others
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Futora Raises $6M in FundingFinSMEs•Oct 11, 2021•Futora, Tau Ventures, Tel Aviv University, North First Ventures and 1 other
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Home365 Raises $16.3M in FundingFinSMEs•Jul 01, 2021•Home365, Greensoil PropTech Ventures, O.G. Tech, Verizon Ventures and 2 others
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Model9 Raises $9M in Series A FundingFinSMEs•Feb 12, 2020•Model 9, Intel, StageOne Ventures, North First Ventures and 1 other
