Focus

This syndicate invests in tremendous, mostly Israeli, entrepreneurs building disruptive AI and data-centric companies, with a preference for SaaS, financial services, and deep tech. It invests at all stages, from early to growth stage opportunities, and plays an active role as value-added investor.

Entrepreneur

I was a SF-based entrepreneur for 15 years and have had a couple of successful exits:

I was the CEO/co-founder of one of the first marketing automation SaaS startups targeting Fortune 1000 Financial, Retail and Telco enterprises, which became highly profitable and was acquired by Acxiom (ACXM), a $1BN leader in consumer data.
I was also the CEO/co-founder of an early mobile-centric payment company, acquired by Connexity (formerly known as Shopzilla), a leading player in online commerce.

Prior to running my entrepreneurial ventures, I worked at the Boston Consulting Group and at Goldman Sachs, and I have invested in and managed dozens of real estate properties for more than 20 years.

Active investor

I am an angel investor in around 70 companies. 2 went public, 6 are privately held unicorns and 5 were acquired. Portfolio companies include :

Forter (IL unicorn): Valued at around $3 billion. Online fraud detection and prevention platform for retailers, using machine learning. Is processing annually over $250 billion in transactions. Has raised over half a billion from Tiger Global Management, Third Point Ventures, Adage Capital Management, Bessemer, March Capital Partners, Salesforce Ventures, Sequoia Capital and New Enterprise Associates (NEA).
Checkr (US unicorn): Valued at $4.6B. Leading A.I. powered background check company. Has ran over 50 million background checks for more than 15,000 customers. Has raised over $500m from Durable Capital, Fidelity Management & Research Company LLC, Franklin Templeton, T. Rowe Price, IVP, Accel, Y Combinator and Data Collective.
Payfit (EU unicorn): Valued at $2B. Leading European SaaS HR solution, offering end-to-end, automated service to over 5,000 customers. Has raised over $500m from Eurazeo Growth, Accel, Europe, and BPI France.
Placer.ai (IL unicorn): Valued over $1B. Provider of traffic analytics' platform generating commercial property insights. Has raised over $150m.
FundBox (IL unicorn): Valued at over $1B. Leading financial technology company disrupting the multi trillion dollars small-business lending market by providing revolving lines of credit, using real time risk assesment. Has surpassed $100 million annual revenue run rate (ARR) and $2.5 billion in transaction volume. Has raised over $500m from Healthcare of Ontario Pension Plan, Allianz X, Khosla Ventures, General Catalyst, Spark Growth Capital and Jeff Bezos, and signed over 70,000 businesses as customers.
Carbon Health (US unicorn): Leading tech-centric health care company providing primary care, urgent care, and virtual care. Has raised over $500m from Blackstone, Dragoneer Investment Group, Brookfield Technology Partners (BTP) and Fifth Wall.
WePay: One of the leading payments startups providing payments infrastructure to businesses making online transactions. Had raised over $70 million and was acquired by J.P Morgan Chase in December 2017.

Invest with Philippe Suchet

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Team

Investments