Ten Israeli startups will participate in an annual mentoring program that will help them get a foothold in the US.
The program is run by consulting firm Deloitte, which has already accelerated 43 companies to date. These companies have collectively raised over $750 million.
This year’s chosen companies will receive guidance from US and Israeli teams to address three major challenges: laying the foundation for a relocation to the US and physical expansion of a US office; establishing strong and sustainable sales infrastructure; and funding support for the next round.
The program will also address issues that founders are experiencing as a result of the ongoing war in Israel, as well as fears of a looming global recession.
To qualify, startups must have a validated product, annual revenues of over half a million dollars, positive year-over-year growth, and intend to expand operations in the US within two years.
The 10 companies selected for this year’s program are:
- Imagen – An AI-powered editing app for professional photography that learns each user’s editing style and applies it to their future work to cut down on the time it takes
- Odeeo – A platform that provides audio advertising while a person is playing mobile games so as to create a better in-game experience
- Statement – An AI-powered platform that automates cash and liquidity management and provides financial data visibility to businesses
- Indoor Robotics – Autonomous indoor drones that monitor and patrol factories, data centers, warehouses and other premises
- Octopai – A platform that tracks the flow of data from its point of origin to its destination in order to ensure the security, consistency and completeness of an organization’s data
- BioT Medical – A platform that connects medical devices to the cloud without the use of code to improve health outcomes
- Piiano – Provider of data security tools to developers and app security teams
- Kahoona – A platform that generates data and tracks consumer behavior in real time for companies
- Entitle – A platform that grants employees temporary access and permissions to sensitive data as needed to prevent exposure to internal and external threats
- Cyclops Security – A platform that simplifies data access by allowing teams to ask questions about their security data in natural language
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