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97212 Ventures

The VC for Israeli Founders Building Global Companies in NYC.

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Description

97212 Ventures is a New York-based venture capital firm that serves as a "day-one partner" for Israeli founders building companies in the United States. 97212 Ventures does not have a formal "application" in the style of an accelerator cohort. Instead, founders are encouraged to Connect with 97212 Ventures through their website to share company details and business goals. 


Eligibility

  • Founder Profile: Exclusively focuses on Israeli founders.
  • Relocation Requirement: Founders must be committed to building their company in New York City and are generally required to move there within 18 months of investment.
  • Sector Focus: Primarily Enterprise Software, Digital Health, and Digital Transformation (PropTech, FinTech, etc.). 

Process

The firm utilizes a personalized, hands-on investment process: 

  1. Direct Outreach: Founders or advisors can reach out via their online form or through professional introductions.
  2. Screening: Review of the founder's background and business model.
  3. Investment: Once a deal is struck, they provide an initial "first check".
  4. Strategic Support: Post-investment, they provide resources to help startups achieve three critical milestones: early traction, subsequent funding, and product-market fit. 

What an Applicant can Obtain

  • Capital: Initial checks typically range from $200,000 to $500,000, with a total potential investment of up to $1 million including follow-on funds.
  • NYC Access: Strategic entry into the New York tech ecosystem, including access to local advisors, early customers, and channel partners.
  • Mentorship: Hands-on guidance from partners with deep experience in product-led growth and scaling Israeli-founded companies in the U.S..