Elie Wurtman is the co-founder and Managing Partner of PICO Venture Partners. See sector focus and contact routes.
Elie Wurtman is the co-founder and Managing Partner of PICO Venture Partners, an early-stage venture capital firm headquartered in Jerusalem, with two decades of experience as an entrepreneur, executive, and investor prior to founding the firm in 2015. His investment thesis targets freethinking entrepreneurs in early-stage startups, focusing on sectors that disrupt existing markets and geos centered in Israel, particularly Jerusalem, where he actively develops the local tech industry. While specific check sizes and lead/follow behavior are not explicitly detailed in available sources, PICO is noted as the first investor in notable companies like Vroom and Spot.io, suggesting a lead investor role in early rounds. His portfolio includes Vroom, which reached a $5.5 billion market cap after its IPO, and Spot.io, acquired by NetApp for $450 million, alongside investments in Gloat, ChargeAfter, and K Health. Wurtman distinguishes himself through a public viewpoint that Israel is “fundamentally repairing the world” by searching for entrepreneurs who want to better society, and he actively mentors startups while developing Jerusalem’s tech ecosystem through
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