Philosophy

Agile

While our companies are all about scale, our own operation is more of a boutique. Consciously focused on helping our companies, we are a small partnership and avoid raising large funds. With an average of one deal per year per partner, we believe we’re positioned to be entrepreneurs’ closest partners.

  • 5
    Investing Partners
  • 14
    Unicorns
  • 84
    Companies
  • 29
    Exits

Global Category Leaders

Truly great companies define and lead global categories. To help companies achieve this goal, we work closely with entrepreneurs to define their category and to expand globally. We have operated and invested across the globe for over 25 years, and have built relevant experience and support systems for companies looking to conquer the world.

Ebury

Ebury is one of the market leaders providing financial solutions to SMEs to simplify international trade. We led the Series A when there were offices in 2 cities. Ebury now operates in 20 countries and Santander acquired 50% of the business at approx 1B$ valuation in 2020, to help further accelerate its growth.

Payoneer (NASDAQ: PAYO)

The Payoneer payment platform is trusted by millions of customers worldwide and chosen by leading marketplaces. 83North were the first institutional investor in the company and a close partner to its management team from 2007 when it raised its seed round.

iZettle

iZettle was founded by Magnus and Jacob in 2010. We invested early in the company’s trajectory to revolutionize mobile payments with the world’s first mini chip card reader and software for mobile devices. iZettle was bought by Paypal in 2018 for $2.2B.

Hybris

We met Carsten in 2007, invested personally in Hybris and joined the Board. Later, 83North invested. SAP acquired the company in 2013 for over $1.5B, by which time Hybris was one of the dominant ecommerce s/w vendors in the world.

Wolt

After months of analysis of food delivery in small-mid sized cities, we met Miki and his team at Wolt. They had built unique technology and a company culture, that ensured delivery economics could work in smaller and less competitive cities. in 2021 Wolt completed a $530M growth round.

Marqeta (NASDAQ: MQ)

Marqeta started as a B2C payments platform in 2010. The first years were tough. But the company pivoted to a B2B strategy, creating and leading the multibillion-dollar category of Modern Cards Issuing. Marqeta went public on Nasdaq in June 2021.

We build long-term relationships

Our founders remain our friends, advisors, and investors throughout the years — and many were friends, advisors, and investors before our work together. This makes our enterprise feel like a family, and creates a flywheel across our portfolio of success, advice, mentorship, and trust.

Dov Moran

Managing Partner, Grove Ventures

Dov is one of Israel’s most famous entrepreneurs. He invented the USB drive and sold his company Msystems for 1.6B$ in 2006. Our relationship with him started in 2001 during that ride. Dov is now the managing partner of Grove, an early stage VC firm, and we invest and look at deals together. We also meet for coffee at the same cafe for many years where we tell each other the same jokes for almost 20 years.

Nati Davidi and Uri Alter

Co-Founders of Vdoo

We know Uri and Nati since 2011. They founded Cyvera and grew the company all the way to its acquisition by Palo Alto Networks. Uri and Nati chose to work with us again when they founded VDOO which was successfully acquired by Jfrog in 2021. They are part of 83North’s extended family. This partnership goes far beyond financial investments. Uri and Nati help us assess new opportunities, invest with us and formed personal friendships with us.

Issy Ben Shaul

CEO of Velostrata

Velostrata was the third time we served on the board of a company founded by Issy. All three were acquired, Actona by Cisco Systems, Wanova by VMware and Velostrata by Google. We are looking forward to his next one.

Mans Hultman

Partner at Zobito

We met Måns in 2003 when he was CEO of Qliktech. He was CEO 2000–2007, and Chairman between 2004–2009, the years that defined QlikTech’s strategy and momentum, leading to a very successful IPO in 2010. During Måns´ tenure as CEO, QlikTech’s sales grew from $2M to $153M. Later Måns co-invested with us and sat on the Board of Hybris. Today Måns is a partner at Zobito, investing in and advising tech companies.

Boaz Palgi

Serial Entrepreneur

We have known Boaz for over 20 years, from his first senior position in the storage industry. In 2011 we teamed up with Boaz as his core investors at ScaleIO and served on the board of the company until it was acquired by EMC in 2014.
We recently teamed up again as core investors in his new company.

Juan Lobato

Co-CEO of Ebury and Venture Partner at 83North

We have known Juan since the early days of Ebury, where he is co-founder and co-CEO. Ebury is one of Europe fastest growing fintechs with revenues in excess of $100M. Ebury is now 50% owned by Santander (sold for approx. $1B valuation). Prior to Ebury Juan was CEO of Beam.ty (a digital distribution network sold to Carlyle private equity). Juan was also a consultant with Mckinsey & Co. in London. Juan is an angel investor in over a dozen tech companies across UK, Europe and the US. He is also a venture partner with 83North, specifically helping & co-investing in fintech related companies

David Buttress

Former CEO of Just Eat and Venture Partner at 83North

David was the CEO of JustEat, where 83North was an early investor. Through operational excellence and a series of global acquisitions, he consolidated its market leadership and took it public into what is now a 7B$ market cap leader in food delivery. After leaving Just Eat David joined 83North as a Venture Partner.

Entrepreneurs First

We don’t tell entrepreneurs how to run their businesses. We believe that entrepreneurs are the ones changing the world, and should take center-stage as they define the future, while we give behind-the-scenes support — advice, connections, experience, and capital — across their journey, from seed to IPO.

“Contrary to most VCs, 83North didn’t make big promises. Contrary to most VCs, 83North delivered big. We found we could lean on their experience and pattern recognition, and that they’re great people. A lot of VCs waste your time. 83North doesn’t.”

Eytan Levit & David Katz, Co-Founders, MixTiles

"Choosing the right investor, is more than getting the funds, it will be the partner that will go with you in the good and bad moments. Make sure you choose the right one, that can give you valuable advice and support."

Andres Bou, Co-Founder, SocialPoint

“Our investors are our business partners. We work together in the best interests of the company because the best outcomes take a team to achieve. Seek out that genuine interest. You'll find a business partner who drives results.”

Jason Gardner, CEO & Founder, Marqeta

“Deep tech companies require leadership that can balance business strategies with technology vision, I find both in 83North”

Tal Tamir, Co-Founder & CEO, Williot

“A lot of funds can bring capital to the table, but very few will be a real support in the CEO major decision junctions. Look for funds like that”

Nikos Moraitakis, Co-Founder & CEO, Workable

“Boards could be a complete waste of time, or a source of inspiration - all depends on the people around the table. Best advice to entrepreneurs - choose your investors well...make your own DD....”

Rami Sass, Founder & CEO, Whitesource