News
Candivore, O.G. Venture Partners’ Portfolio Company, Raises $100M
Founded in 2018, Candivore is a leading, independent mobile gaming studio based in Tel Aviv, Israel. Its hit game Match Masters has been downloaded more than 50 million times.
Lendbuzz, O.G. Venture Partners’ Portfolio Company, Completes $163.15 Million Asset-Backed Securitization
Lendbuzz announced that it has closed a $163.15 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and used cars. This transaction, Lendbuzz’s second securitization of 2023, and fourth since launching the program, continues a period of record-breaking success for the company.
SuperPlay, O.G. Venture Partners’ Portfolio Company, was ranked 5th on Calcalist’s 2023 Top 50 Israeli Startups List
WSC Sports, O.G. Venture Partners’ Portfolio Company, Wins a Tech Emmy® Award
WSC Sports was an honoree in this year’s award as the developer of an AI-powered platform that enables sports media rights holders to generate and distribute customized video highlights automatically and in real-time.
Lendbuzz, O.G. Venture Partners’ Portfolio Company, Completes $187.95 Million Asset-Backed Securitization
Lendbuzz announced that it has closed a $187.95 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and used cars. This transaction, Lendbuzz’s first securitization of 2023, and third since launching the program, follows a period of record-breaking success for the company.
Lendbuzz, O.G. Venture Partners’ Portfolio Company, Secures Additional $135 Million In Credit Facility With Regions Bank
Lendbuzz announced today that it closed a $135 million credit facility with Regions Bank on top of $150M facility from J.P. Morgan and $300M from Goldman Sachs Bank USA and Viola Credit.
Globes’ 2022 Most Promising Israeli Startups Featuring Buildots, O.G. Venture Partners’ Portfolio Company
Lendbuzz, O.G. Venture Partners’ Portfolio Company, Secures $150 Million In Credit Facility With J.P. Morgan
Lendbuzz announced today that it closed a $150 million credit facility with J.P. Morgan. The fintech company continues to grow loan originations by over 100% year over year, leveraging proprietary AI and machine learning algorithms to provide better access to credit for millions of consumers.
O.G. Venture Partners Announces O.G. Venture Partners II, a $400 Million Early Growth Fund
O.G. Tech announced on Thursday about the launch of a new $400 million fund with a continued focus on early growth stage investments in software tech startups. Just as with the first fund, the entire sum will be provided by Eyal Ofer. Fund II follows the launch of Fund I in 2017, $100 million later expanded to $150 million.
LightBits, O.G. Venture Partners’ Portfolio Company, Raises $42 Million
Lightbits, the first software-defined NVMe® data platform for any cloud, today announced that it has raised $42 million in growth capital. New investor Atreides Management led the round, alongside J.P. Morgan, Valor Equity Partners, Eyal Ofer’s O.G. Tech, founder and chairman of Pacific Century Group (PCG) Richard Li, existing investors, and others. With this financing, the company has raised more than $100 million since its founding in 2016.
Coralogix, O.G. Venture Partners’ Portfolio Company, Has Raised $142 Million
The Israeli startup, which also has an HQ in San Francisco, has raised $142 million, funding that it will be using to continue investing in its R&D as well as in building out more of its sales and business development globally.
Buildots, O.G. Venture Partners’ Portfolio Company, Lands $60M
Buildots today announced that it raised $60 million in a Series C round co-led by Viola Growth and Eyal Ofer’s O.G. Tech, with participation from TLV Partners, Lightspeed Venture Partners, Future Energy Ventures and Maor Investments. Roy Danon, Co-Founder and CEO, says the new capital, which brings Buildots’ total raised to $106 million, will be put toward product development and expanding the Buildots team, particularly in Europe and North America.