About Spinach Angels
Spinach Angels is a venture capital firm founded in 2014. It is primarily based out of Tel Aviv, Israel. As of Nov 2020, Spinach Angels has invested in 3 companies. It primarily invests in Seed round in Israel based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Transportation and Logistics Tech. Most recently it participated in the $***** Series B round of Lightico Overall, Spinach Angels portfolio has seen 1 acquisition, namely RapidSec. A lot of funds co-invest with Spinach Angels, with names like Lool Ventures sharing a substantial percentage of its portfolio. Spinach Angels has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Spinach Angels' List of All Investments
Spinach Angels has a portfolio of 3 companies. Their most notable investmentis in RapidSecTheir portfolio spans across Israel, United Kingdom and United States. They have invested in Enterprise Applications, Retail, Transportation and Logistics Tech and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of all investments by Spinach Angels:1. Lightico
Customer experience solution with e-signature and id verification. It offers a cloud-based solution for contact centers that help the organizations to support customers throughout the lifecycle. Offerings include e-signature, e-form, document collection, and ID verification. Its solution monitors the customer behavior throughout the self-service journey, creates a unique call experience directly from the website or smartphone app, transfers the gathered context to the agent, and provides an in-call collaboration session between the agent and the customer.
Key facts about Lightico
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $44.7M
- Employee Count: 124 as on May 31, 2026
- Investors: Harmony Partners, Mangrove Capital Partners and 8 Others
- Latest Funding Round: Series B, Jul 19, 2021, $*****
- Highlight: Editors' Pick
2. RapidSec
Cloud-based web vulnerability assessment solutions provider. It allows finding malicious third-party risks and blocks them for security purposes. It helps to automate client-side security to boost performance. The features of the platform include website monitoring, incident response, performance optimization, etc.
Key facts about RapidSec
- Founded Year: 2019
- Location: Tel Aviv Yafo (Israel)
- Stage: Acquired
- Total Funding till date: $500K
- Employee Count: 3 as on May 31, 2026
- Investors: F2 Capital, Spinach Angels and 1 Other
- Latest Funding Round: Seed, 2020, $*****
- Highlight: Acquired
3. Shiperd
End-to-end shipping management solution. The company offers an online platform that can be integrated with websites to import shipping details & manage/track shipping operations. Additionally, the back-end also offers functionalities to manage shipments, send delivery notifications to end consumers and receive data-driven analytics.
Key facts about Shiperd
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Seed
- Employee Count: 5 as on May 31, 2026
- Investors: ICONYC Labs, Spinach Angels and 2 Others
- Latest Funding Round: Seed, Nov 22, 2017, $*****
Spinach Angels' Year-on-Year Investment Trends
Its most recent first time investment was in RapidSec and most recent follow-on round was in Lightico.Spinach Angels' Investments by Stage
Spinach Angels has made 1 investment in Seed stage with an average round size of $500K and 1 investment in Series A stage with an average round size of $14.5M.Spinach Angels' Investments by Sector
Spinach Angels has a diverse portfolio, with companies operating in the Enterprise Applications and Enterprise Infrastructure. Notably, it has invested in 3 Enterprise (B2B) companies, 3 Saas companies, 3 Software companies and 3 companies focusing on Tech.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Enterprise Infrastructure | 1 |
Note: We have considered here, only first round of investments
Spinach Angels' Investments by Geography
Spinach Angels has made most investments in Israel (1), followed by United States where it has made 1 investment.Spinach Angels' recent investments
Spinach Angels has not made any investment in 2026 so far.Here are the most recent investments by Spinach Angels:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 10, 2020 | United States | Series B | 5788 | [+5] | |
2020 | Israel | Seed | 5117 | [+1] | |
Jul 09, 2019 | United States | Series A | 8241 |
Acquired companies in Spinach Angels' Portfolio
1 company from Spinach Angels' portfolio has been acquired. The most recent acquisition was RapidSec in Jan 2022 by Orca Security for $*****.Here are Spinach Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 19, 2022 | 2020 | Seed | 6532 |
Team profile of Spinach Angels
Spinach Angels has a team of 2 members including 2 Partners located in Israel. Spinach Angels' team does not sit on the board of any company as of now.Co-investors of Spinach Angels
Over the past 7 years, 9 investors have co-invested in Spinach Angels's portfolio companies. This includes funds and angels.
- Invested before Spinach Angels: Mangrove Capital Partners has invested before Spinach Angels.
- Top Co-investors of Spinach Angels: 4 investors entered a company along with Spinach Angels. These include investors like Lool Ventures (1 company).
- Invested after Spinach Angels: A total of 4 investors have invested in Spinach Angels's portfolio after their investments. Top Investors include Capital One Ventures (1 company), Poalim Capital Markets (1 company) and Oxx (1 company).
Recent News related to Spinach Angels
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Lightico Raises $13m to Consumerize Legacy eSign and Streamline B2C Digital Customer JourneysLightico•Nov 10, 2020•Lightico, Oxx, Harmony Partners, Lool Ventures and 5 others
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Lightico Raises $14.5M in FundingFinSMEs•Jul 09, 2019•Lightico, Mangrove Capital Partners, Crescendo Ventures, Spinach Angels and 6 others
