Itai Tsiddon Email and Phone Number
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Co-Founder at Lightricks, a unicorn in the creativity software space. Since we founded the company in January 2013 and for about seven years, that was my focus. Today the business is a >400 people company, with ~$200m in revenue and offices in several countries. We raised >$200m from Insight & Goldman, and done >$100m of liquidity cumulatively (not just for us founders). Learned some things through the journey. Still on the board. Stepped off as an employee end of 2019.I started investing and supporting other entrepreneurs around 2018. Ro Health (5B), Frame.io (Sold to Adobe recently @ 1.3b) & Forter (3B) have been my main private investments. I do very few things. In 2018-2020 I have deployed >$90m into nine companies - primarily into B-pre IPO rounds, and always alongside institutional venture/growth equity firms, acting flexibly as either lead or meaningful co-investor. Good companies often want branded rounds. It is fulfilling to help craft those, when you've done a lot of them yourself and understand what it's like on the fundraising side.In 2019 I led my first $50m Series C round, into Frame.io, and joined the board on behalf of Insight. If we talk about my investing in your company with Insight I'll provide full details on how that works.In 2020 I led Homesome's $6.7m Series A with several Unicorn execs/founders, and Forter's $120m Series E on a TS I issued, with Bessemer and Felix joining.I enjoy working alongside founder CEOs and look to do few, concentrated, big things that allow me to spend a lot of time with a small group. Yes, this isn't a normal set up. Normal doesn't achieve outlier results. Ask the VC selling you if they've ever actually made >$10m as a founder. Or if they have an audited IRR >100%. Better yet, ask them how they earned the right to deploy capital in the first place - If it's not a grueling story, something is off - they had it too easy ;-)
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InvestorGcash (Mynt - Globe Fintech Innovations, Inc.) Nov 2021 - PresentTaguig, Metro Manila, PhI participated in Gcash's 300m fundraise per a joint TS issued by Insight and I, joined by Warburg Pincus. We are proud to support this generational company redefining fintech in the Philippines. It is rare to find such a mission driven business with such strong fundamentals, tripling in 2021 while hitting positive cash flow. We have been extremely impressed by the company's competent management team, and are proud to play a small role in supporting the growth of this business. -
InvestorForter Nov 2020 - PresentNew York, New York, UsI led Forter's 2020 Series E per a TS I negotiated with the company's CEO. We were able to structure a terrific syndicate for this round, which on top of strong internal support, saw great partners such as Bessemer and Felix Capital join as new investors in Forter. We are excited to play our small part in the journey of this high quality company, which is fast becoming a true market leader in the deep market of e-commerce enablement and fraud prevention. It didn't hurt that I got to watch them beat projections four times in a row as we were mid-process. Details below:https://www.wsj.com/articles/ai-fraud-detection-company-forter-raises-125-million-11605797887https://venturebeat.com/2020/11/19/forter-raises-125-million-at-a-1-3-billion-valuation-to-combat-ecommerce-fraud-with-ai/https://www.calcalist.co.il/internet/articles/0,7340,L-3874134,00.html -
Co-Founder & Board MemberLightricks Jan 2013 - PresentJerusalem, Jerusalem, IlFollowing 7 years in the company, I now remain on the board. -
Co-Founder & Head Of BdLightricks Jan 2013 - Jan 2020Jerusalem, Jerusalem, IlLightricks is a leader in mobile creativity software. The company's products are Facetune, the Enlight suite of apps for creatives, and the Boost suite of apps for SMBs.The company employs more than 400 employees between Israel & London, crossing >100m revenues in 2019. I moved to NYC in the first year of Lightricks' operations, 2013, as the sole founder based outside the Israeli HQ. I've represented the company in the US and elsewhere since, focused on capital & platform relations, as well as deals and media. Today I remain on the company's board and assist the CEO in matters related to corp dev, but am no longer an employee. -
Board Member & InvestorFrame.Io Nov 2019 - PresentNew York, Ny, UsI led Frame.io’s 50m Series C round on behalf of Insight Venture Partners (and my own LPs) and joined the board as part of the round. It’s a privilege to work with Emery & his team, the existing board members and my friends at Insight on this great business.Update: in 2021 we sold the business to Adobe for 1.3b, one of NYC's largest software exits. I look forward to continue working closely with the founders Emery and John as we invest selectively in the future generation of founders building iconic businesses in New York and elsewhere.For details:https://www.forbes.com/sites/dbloom/2019/11/25/frameio-looking-pretty-as-a-picture-with-50m-series-c-raise/ -
Board Member & InvestorHomesome Aug 2020 - PresentSanta Clara, Ca, UsI led Homesome’s 6.7m series A with a few other unicorn founders/execs. For details:https://news.crunchbase.com/news/exclusive-homesome-raises-6-7m-series-a-for-grocery-platform/ -
InvestorRo Jan 2018 - PresentNew York, Ny, UsI was lucky enough to angel invest in Ro early, back when it was called Roman. In a sequence of events following, me and my business partner Jon invested >30m into the business at several points - the most meaningful one (for the company, and for us) Being a >20m SPV that helped lead the company’s B. -
Lead Seed Investor And Board MemberStandard Bots Jan 2018 - PresentGlen Cove, New York, UsI led the company’s seed, introduced the two founders who have been close friends of mine for years, and serve as a board member. I also had the pleasure of introducing the company to my friends at GC who led the recently announced B. -
LieutenantIsraeli Defence Force Aug 2004 - Jun 20082005-2007: Intelligence Officer, IDF Special Forces, Maglan. Unit candidate for the Presidents' Award at the end of the second Lebanon war.2007-2008: Intelligence Officer, IDF Office of Strategic Analysis. Honorable discharge as Lieutenant.
Itai Tsiddon Skills
Itai Tsiddon Education Details
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The Hebrew UniversityLaw -
Erasmus University RotterdamLaw -
Fall Of 2009 - New York UniversityHistory
Frequently Asked Questions about Itai Tsiddon
What company does Itai Tsiddon work for?
Itai Tsiddon works for Gcash (Mynt - Globe Fintech Innovations, Inc.)
What is Itai Tsiddon's role at the current company?
Itai Tsiddon's current role is Co-Founder & Board Member at Lightricks.
What is Itai Tsiddon's email address?
Itai Tsiddon's email address is it****@****cks.com
What is Itai Tsiddon's direct phone number?
Itai Tsiddon's direct phone number is +9725077*****
What schools did Itai Tsiddon attend?
Itai Tsiddon attended The Hebrew University, Erasmus University Rotterdam, Fall Of 2009 - New York University.
What are some of Itai Tsiddon's interests?
Itai Tsiddon has interest in Education.
What skills is Itai Tsiddon known for?
Itai Tsiddon has skills like Start Ups, Entrepreneurship, Strategy, Legal Research, Business Development, Mobile Applications, Venture Capital, International Law, Hebrew, Legal Writing, Mergers And Acquisitions, Research.
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