JVP — founded 1993 by Erel Margalit. Jerusalem + NYC. $1.5B+ under management. CyberArk, JFROG, Xtend portfolio.
Jerusalem Venture Partners (JVP) is the cross-border Israeli venture-capital firm founded in 1993 by Erel Margalit. With offices in Jerusalem and New York and over $1.5 billion under management across ten funds, JVP is the most prominent Israeli VC based outside Tel Aviv and the firm most associated with building Jerusalem's technology ecosystem. JVP's investment thesis spans cybersecurity, media technology, AI, and data infrastructure — with portfolio exits including CyberArk (Nasdaq: CYBR), which JVP backed in its earliest stage.
Snapshot
| Founded | 1993 |
| Founder | Erel Margalit |
| AUM | $1.5B+ across 10 funds |
| HQ | Jerusalem; NYC office |
| Notable portfolio | CyberArk, Xtend, QualySense, Team8-adjacent co-investments |
Margalit and the Jerusalem Thesis
Margalit — a former Knesset member (Labor, 2013–2017) — built JVP around the proposition that Jerusalem could anchor an innovation ecosystem distinct from Tel Aviv's. JVP's International Media Quarter in the historic Talbiya neighborhood, the JVP Cyber Labs in Be'er Sheva, and JVP's NYC outpost collectively form a distributed model unusual in Israeli VC. Margalit's political career and his business activity have been intertwined; he has been one of the most visible advocates for Israeli tech-ecosystem development outside the central corridor.