Veritas Logo Building Long Term Partnerships with Enterpreneurial Leaders

» Our commitment

Veritas is dedicated to providing entrepreneurs with a fast and discreet reply. We try to be responsive to what is often the entrepreneur's greatest need - a sensitive ear - before and after our investment is made.
While we attempt to add value to our portfolio companies in all facets of their development, we believe that the most valuable input we provide to entrepreneurs is listening to them and accompanying them in what can be a lonely climb to the top.

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» Unrivalled experience

Established in 1990 by Yadin Kaufmann and Gideon Tolkowsky, Veritas is Israel's most seasoned venture capital firm. Our principals have gained unparalleled experience in the technology investment cycle, having provided early-stage financing and close post-investment support to Israeli companies since the mid-1980s. A number of these companies have had successful public offerings in the US, or have been acquired by larger corporate entities. Veritas's principals were involved in providing first-round financing, in most cases as lead investor, to Gilat Satellite Networks Ltd., ESC Medical Systems Ltd., M-Systems Flash Disk Pioneers Ltd., Harmonic Lightwaves Inc., Class Data Systems Ltd., Mercury Interactive Corp., Ubique Ltd. and Accord Networks Ltd., among others. Several of these companies today enjoy billion-dollar market capitalizations.

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» Our approach to investing

Veritas is a long-term player. We typically lead investments in companies at the earliest, highest-risk phase of their development, and we expect to continue working closely with the entrepreneurs and to provide financial support throughout the investee companies' funding cycles.

Our managerial philosophy involves careful selection of investment opportunities, and ongoing value-adding activities in close association with the investee companies, normally through active directorship. We promote and reward entrepreneurship, and aim for realization of long-term capital gains, primarily by taking companies public in the US.

Veritas often takes a pro-active approach to forming new companies, by defining a focus-area for a company, developing a business model and putting a founding team in place.

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» Whom does Veritas back?

Veritas backs entrepreneurs of varying profiles, from young technology leaders with no proven track record, to seasoned executives experienced in building successful businesses. Having been in the venture capital business for a decade and a half, we know that it is the quality of the people that carries businesses forward. We seek to form long-term partnerships with entrepreneurs, and ascribe particularly high value to certain qualities of those individuals: personal and professional excellence, creativity, discipline, leadership skills, unqualified integrity, and a desire to learn and grow in partnership with us.

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» Our funds

While we manage several vehicles, we are currently investing primarily from our new VVP Fund II, raised in late 2001. The capital under our management originates primarily from large, multinational institutions. These include a large multinational corporation headquartered in Asia, which enables us to create a bridge for Israel-based high-tech companies to Pacific Rim markets.

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» The Veritas Difference

Our managers have a longstanding involvement in Israeli venture capital - spanning from the birth of Israel's venture industry in the mid-1980's to the highly dynamic environment of the 2000's - with a proven record of success. We have helped create a number of companies valued at over a billion dollars each. In several cases we have initiated new companies on our own, and have experienced first-hand the trials, tribulations, and excitement of starting new ventures. Veritas's principals have extensive experience in the US markets as well. These experiences provide us with a unique set of skills and relationships that we share with our partnering entrepreneurs.

Veritas seeks to develop close partnerships with a small, carefully selected group of entrepreneurs. We make few investments every year, and will roll up our sleeves and work with entrepreneurs to build their ventures into global leaders.

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» Tmura – the Israeli Public Service Venture Fund

Tmura - The Israeli Public Service Venture Fund is a non-profit organization, an “amuta”, established by leading Israeli venture capital funds to involve the high-tech sector in supporting charitable activities. The model is simple: early-stage companies give Tmura a warrant, convertible (at exit) into a small portion of their equity. If the company succeeds, Tmura sells its shares and donates the proceeds to charities in Israel; the focus is on education and youth-related activities, and the companies can indicate which organizations they want to support.

Yadin Kaufmann, a Founding Partner of Veritas, founded Tmura and serves as its Chairman. Veritas, as well as several other leading venture capital funds, support Tmura's activities and encourage portfolio companies to make an equity donation to Tmura.
For more information, please contact Tmura Executive Director, Baruch Lipner at +972-3-607-4506 or at baruch@tmura.org, or see the Tmura website at http://www.tmura.org.


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Veritas Team

Our managers have a longstanding involvement in Israeli venture capital - spanning from the birth of Israel's venture industry in the mid-1980's to the highly dynamic environment of the 2000's - with a proven record of success.

We also have extensive experience in US markets, and established an office in Atlanta to support our portfolio companies and access investment opportunities along the East Coast of the United States.



Veritas Team
Veritas Team


Veritas Ventures Partners

Yadin Kaufmann
Yadin Kaufmann

Rann Marom
Rann Marom

Gill Zaphrir
Gill Zaphrir

Laurie Olivier
Laurie Olivier

Veritas Ventures Partners since 1990        © All Rights Reserved Powered by Practicom