About PICO Partners
PICO Partners is a venture capital firm founded in 2015. It is primarily based out of Jerusalem, Israel. As of Aug 2026, PICO Partners is an active investor, having invested in 35 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Israel based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Enterprise Infrastructure. Most recently it participated in the $***** Seed round of Xpander Overall, PICO Partners portfolio has seen 1 unicorn, 1 IPO and 4 acquisitions including key companies like K Health, Vroom and Fullpath. A lot of funds co-invest with PICO Partners, with names like Target Global sharing a substantial percentage of its portfolio. PICO Partners has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
PICO Partners' List of Top Investments
PICO Partners has a portfolio of 35 companies, one of which is a Unicorn. Their most notable investments are in Periapt and Arbox.Their portfolio spans across Israel, United States, United Kingdom and 2 more locations. They have invested in Enterprise Applications, FinTech, Enterprise Infrastructure and 16 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by PICO Partners:1. Jupiter
Online platform offering a suite of financial services. It offers a range of services, including banking, credit cards, lending, and investments. It allows users to manage all aspects of their money in one place.
Key facts about Jupiter
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $201M
- Employee Count: 377 as on Aug 31, 2025
- Investors: QED Investors, Trifecta Capital and 80 Others
- Latest Funding Round: Series C, Oct 30, 2025, $*****
- Highlight: Editors' Pick
2. K Health
AI-based platform providing access to clinicians. They offer a symptom checker and virtual primary care services, allowing users to chat with their medical team and receive personalized consultations. The app uses it AI and ML solutions to compare the data updated by the patient with that of others who were affected by similar symptoms and predict the illness the patient suffers.
Key facts about K Health
- Founded Year: 2016
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $439M
- Employee Count: 387 as on Aug 31, 2026
- Investors: 14W, Robyn Capital and 31 Others
- Latest Funding Round: Series F, Jul 01, 2024, $*****
- Highlight: Editors' Pick
3. Vroom
Online dealer of used cars. Their platform buys vehicles itself, then resells them to car buyers. Buyers can find the cars on the platform, view their specifications, features, photos & prices, as well, make an order via the platform. Their service includes purchase warranty, returns & more.
Key facts about Vroom
- Founded Year: 2013
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $708M
- Employee Count: 572 as on Aug 31, 2026
- Investors: HTIF, Allen & Company and 21 Others
- Latest Funding Round: Conventional Debt, Mar 31, 2020, $*****
- Highlight: Public
4. Charge After
Software for point of sale financing. It connects lenders with merchants and enables merchants to offer real-time financing options to the consumers. Integrating onto the check-out page, it provides personalized financing offers to the customers based on multiple quotes and allows to customize the repayment terms.
Key facts about Charge After
Provider of MFA tools for cybersecurity. The product manages access to the parts of the corporate network so that only authorized persons can access it.
Key facts about Zero Networks
- Founded Year: 2019
- Location: Tel Aviv (Israel)
- Stage: Series C
- Total Funding till date: $100M
- Employee Count: 189 as on Aug 31, 2026
- Investors: Highland Europe, Cyverse Capital and 7 Others
- Latest Funding Round: Series C, Jun 03, 2025, $*****
- Highlight: Editors' Pick
PICO Partners' Year-on-Year Investment Trends
PICO Partners has invested in 35 companies over the last 11 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in Xpander and most recent follow-on round was in Orion Security.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 2 | 3 |
2024 | 0 | 1 | 1 |
2023 | 3 | 2 | 5 |
2022 | 3 | 2 | 5 |
2021 | 5 | 3 | 8 |
2020 | 4 | 1 | 5 |
2019 | 4 | 1 | 5 |
2018 | 3 | 1 | 4 |
2017 | 0 | 1 | 1 |
PICO Partners' Investments by Stage
PICO Partners has made 11 investments in Seed stage with an average round size of $7.83M, 10 investments in Series A stage with an average round size of $7.78M, 3 investments in Series C stage with an average round size of $81M, 1 investment in Series B stage with an average round size of $25M and 1 investment in Series D stage with an average round size of $42M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 10 |
Series C | 3 |
Series B | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
PICO Partners' Investments by Sector
PICO Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Auto Tech, Consumer and HealthTech. Notably, it has invested in 30 Tech companies, 26 Enterprise (B2B) companies, 25 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
Enterprise Infrastructure | 5 |
Auto Tech | 4 |
Consumer | 3 |
HealthTech | 3 |
Others | 18 |
Note: We have considered here, only first round of investments
PICO Partners' Investments by Geography
PICO Partners has made most investments in Israel (11), followed by United States where it has made 11 investments.Country | No. of Investments |
|---|---|
Israel | 11 |
United States | 11 |
United Kingdom | 2 |
Germany | 1 |
India | 1 |
Note: We have considered here, only first round of investments
PICO Partners' recent investments
PICO Partners has made 2 investments in 2026 so far - Xpander and Orion Security.Here are the most recent investments by PICO Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 17, 2026 | United States | Seed | 1229 | [+2] | |
Feb 03, 2026 | United States | Series A | 5706 | [+2] | |
Jun 12, 2025 | Israel | Series B | 3973 | [+3] | |
Jun 03, 2025 | Israel | Series C | 6351 | [+3] | |
Mar 18, 2025 | United States | Seed | 6191 | [+1] |
Unicorns in PICO Partners' Portfolio
PICO Partners has 1 unicorn in its portfolio - K Health. The most recent unicorn in their portfolio is K Health which became a unicorn in 2021.Here is a list of unicorns in PICO Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | AI-based platform providing access to clinicians | 2016 | New York City | Series F | jyoztxk |
IPOs and Publicly Listed companies in PICO Partners' Portfolio
1 of PICO Partners' portfolio company became public - Vroom. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2024 at marketcap of $2.54BHere are PICO Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 02, 2024 | Dec 16, 2015 | Series C | 3407 |
Acquired companies in PICO Partners' Portfolio
4 companies from PICO Partners' portfolio have been acquired. The most recent acquisition was Fullpath in Apr 2026 by Cox Automotive for $*****.Here are PICO Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 25, 2026 | Oct 31, 2022 | Series C | 7380 | |
Jan 15, 2025 | - | - | 4944 | |
Jul 13, 2022 | - | - | 8496 | |
Dec 08, 2021 | Feb 03, 2021 | Seed | 5968 |
Team profile of PICO Partners
PICO Partners has a team of 8 members including 2 Partners, 1 Venture Partner and 1 Principal located in Israel. PICO Partners' team does not sit on the board of any company as of now.Here is a list of all team members in PICO Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Israel | - | - | |
Partner | Israel | - | ||
Venture Partner | Israel | - | ||
Principal | Israel | - |
Co-investors of PICO Partners
Over the past 11 years, 218 investors have co-invested in PICO Partners's portfolio companies. This includes funds and angels.
- Invested before PICO Partners: Manish Vij, 3one4 Capital and 74 others have invested in rounds before PICO Partners. There is 1 company where Manish Vij has invested before PICO Partners and 1 company where 3one4 Capital has invested before PICO Partners.
- Top Co-investors of PICO Partners: 70 investors entered a company along with PICO Partners. These include investors like Target Global (3 companies).
- Invested after PICO Partners: A total of 72 investors have invested in PICO Partners's portfolio after their investments. Top Investors include MUFG (2 companies), FM Capital (2 companies) and USVP (2 companies).
Recent News related to PICO Partners
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Xpander Secures $7.5 Million Seed Funding to Boost AI Platform and Launch Enterprise AI Agent OmniMassinvestor•Aug 18, 2026•PICO Partners, Xpander
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ORION Security Closes $32 Million in Funding Led by NorwestPR Newswire•Feb 03, 2026•Norwest, Orion Security, IBM, PICO Partners and 2 others
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Tastewise Secures $50M Series B for AI-Powered Marketing and Sales ToolsMassinvestor•Jun 13, 2025•Tastewise, Telus, Duo Partners, PeakBridge and 2 others
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Zero Networks Secures $55M Series C Funding for Cybersecurity InnovationFinancial Post•Jun 03, 2025•Zero Networks, Highland Europe, F2 Capital, PICO Partners and 2 others
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Cyber startup Orion Security raises $6M Seed round to combat insider data breachesCTech•Mar 19, 2025•Orion Security, Pico, FXP, Elastic and 3 others
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Orion Security launches from stealth with $6M to secure enterprise data from insider threats using generative AIPR Newswire•Mar 18, 2025•Orion Security, Perimeter 81, Underscore VC, FXP and 1 other
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Orion Security raises $6M to plug sensitive data leaks with AI smartsSiliconAngle•Mar 18, 2025•Orion Security, Underscore VC, Perimeter 81, Elastic and 4 others
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Salvador Technologies secures $6m funding for cyber-attack ...Itbrief•Dec 20, 2023•Salvador Technologies, Pitango, Sarona Ventures, PICO Partners
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Zero Networks secures USD 20 mln Series B funding for cybersecurityThe Paypers•Dec 15, 2023•Zero Networks, USVP, Venrock, F2 Capital and 3 others
