Co-Founder and General Partner
Avichay Nissenbaum is the General Partner and co-founder of lool Ventures, a top quartile Venture Capital firm that focuses on technology companies that aspire to become global category leaders in their domain.
As active investors and partners we leverage our industry expertise, our experience as successful serial entrepreneurs and investors, and our broad industry and investment network in order to help accelerate our portfolio companies’ success and build a strong foundation for robust business growth.
Current fund IRR is more than 30%, which position the fund at a top quartile global performance, and we are raising our next fund, which has already attracted significant commitments from leading institutional investors (leading insurance companies, pension funds, Financial institutions etc.), strategic investors and leading family offices, and offer a great platform to diversify into the technology space in a fully transparent model, lower management fees and a value add approach".
Prior to lool ventures Avichay served as AOL Israel Country manager, CEO of Yedda Inc. (Acquired by AOL), and a VP at AOL.
Prior to co-founding Yedda, co-Founded SmarTeam Corporation , a leading provider of collaborative Product Life Cycle management (PLM) solutions. SmarTeam was subsequently acquired by Dassault Systems (NASDAQ:DASTY).
With over 20 years of experience, through leadership positions in management, sales, business development, marketing, and operations, Avichay is deeply rooted into Israel's vibrant high-tech scene and serves as a board member at Perion (NASDAQ:PERI), Zooz, Medisafe, Sensibo, MyPermissions, Mabaya, DBMaestro, Shopial, Tipa, LawGeeks, FarmDog.
Avichay also serves as a board member of “Leaders of the future” An Israeli non-profit association dedicated to creating future leaders, academics and successful well-rounded, contributing citizens among Ethiopian Jewish youth in Israel.