New Era Capital Partners is an Israeli venture capital firm founded in 2017 that focuses on early-stage investments in technology startups emerging from Israel’s innovation ecosystem. The firm has positioned itself as a strategic backer of mission-driven, revenue-generating startups operating in high-impact sectors. With offices in Tel Aviv and Boston, New Era actively bridges Israeli innovation with global capital and markets.
New Era targets early-stage Israeli startups that have reached initial revenue traction. The firm concentrates on startups leveraging artificial intelligence across key verticals such as cybersecurity, enterprise software, fintech, and smart transportation. It seeks founders applying advanced technologies to real-world problems, with strong global potential and scalable business models.
In July 2025, New Era Capital Partners closed its third fund at $120 million. This follows a $140 million Fund II raised in 2020 and a $60 million debut fund launched in 2017. Fund III will maintain the firm’s focus on backing early-stage AI-powered companies in Israel, particularly those already generating revenue.
Capital for the new fund was sourced from both institutional and private investors across Israel and international markets.
The firm views the current post-crisis period as a window of opportunity, citing attractive startup valuations and renewed investor confidence in Israel’s tech resilience.
Leadership
New Era is led by four managing partners: Gidi Argov, Ran Simha, Ziv Conen, and Ayelet Frish. Gidi Argov, who heads the firm’s Boston office, previously served as CEO of international corporations and is the founder of the Argov Program at Reichman University. Ran Simha leads the Israel office and has a background as a policy and tech advisor to former President Shimon Peres. Ziv Conen brings deep technical experience from Israel’s elite Unit 8200 and business strategy expertise from his tenure at McKinsey. Ayelet Frish, formerly a communications advisor to the Israeli government, oversees business development.
Investment Strategy
New Era Capital Partners focuses on early-stage companies that are past the ideation phase and already demonstrating product-market fit. The firm seeks out startups with differentiated IP, experienced founding teams, and scalable AI-powered platforms. It aims to support companies from the seed stage through early growth, often playing an active role in governance and international expansion strategy. New Era also invests with a long-term lens, believing that post-crisis periods offer strategic entry points and disproportionate upside.
Notable Investments
New Era has invested in over 35 companies since inception. Notable portfolio companies include:
The firm’s current portfolio reflects its focus on AI-driven solutions across infrastructure, financial services, and cybersecurity.
Notable Exits
Several New Era portfolio companies, including Papaya Global and Optibus, have achieved significant scale and international recognition, with Optibus reaching unicorn status.
Other
New Era’s team believes that Israel’s resilience and innovation capacity are historically strongest after periods of regional disruption.
With Fund III, the firm aims to capture value in an environment shaped by transformation in security, economy, and global partnerships. Its dual presence in Israel and the U.S. enhances its ability to connect startups with strategic markets and follow-on capital.
