Gal Harzvi, CEO of Unomy, discusses the scale of the Israeli venture capital and startup market compared to the United States and other global hubs.
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Competitors like PitchBook and CB Insights track roughly one million companies
“So DataFox, PitchBook, CB Insights, Mattermark, all these companies were very focused, at least when they started, They were very focused on helping investors finding the best investment opportunities. Investors and business development or corporate developmen…”
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Harzvi: Investor-focused databases only track ~200,000 business professionals
“And in terms of business professionals, the investors, they don't need to know every single, about every single employee in the company or to get phones and emails of decision makers at these companies. So they have about 200,000 people in their database.”
Insight
Harzvi: Founders should expect 25% to 35% dilution per round
“In every round, regardless of it's a serious, if it's a seed round, series A, series B, founders should be expecting to lose anywhere between, I would say, 25 to 35% of their company, including some options for the ESOP.”
Disclosure
Harzvi: Unomy offers a 100% accuracy guarantee with full credit refunds
“We guarantee a hundred percent. So if you got an email from us, or a lead from us, and for any reason the email bounced, you get your full credit back.”
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Harzvi: Unomy 2016 revenue reached the low millions
“Eh, maybe, eh, it's a bit difficult for me to disclose it, like the exact amount, but eh, it's in the low millions.”
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Harzvi: Unomy average customer contract grew to roughly $30,000 annually
“Today, it's like, it's about 10 times more on average.”