Strong Momentum and New Rounds Across F2 Portfolio
This month we saw plenty of action and momentum across our portfolios and team, as five F2 portfolio companies raised meaningful new rounds from seed to growth with F2 investing alongside top US funds and multinationals. We also welcomed Nofar Ofzer as our new Controller, bringing years of experience in financial assurance and management.
Astrix Raises $25M in Series A Funding for Machine Learning Platform to Secure App Integrations
Astrix Security, the platform that helps companies manage and secure third-party app integrations, announced a $25 million Series A funding round led by CRV with participation from F2 Venture Capital and Bessemer Venture Partners.
Co-founder and CEO Alon Jackson told TechCrunch:
"The pandemic enforced cloud and SaaS adoption, thus increasing third-party adoption and automation — requiring a solution to fit this digital and fast-paced interconnected world. Astrix was founded to close that significant and unaddressed security gap"
Faye Announces Series A Round of $10M Led by MunichRe to Scale Up Travel Super App
Faye, a pioneer in the travel insurance space, raised $10 million in Series A funding round led by MunichRe Ventures along with existing investors F2 Venture Capital and Viola Ventures, and additional investors.
Faye, recently named by The Wall Street Journal as one of the Best Travel Insurance Companies in 2023, shared their pitch deck with TechCrunch’s weekly Pitch Deck Teardown series. Read more
Five Sigma Was Featured as One of the Most Promising Insurtech companies of 2023 by CB Insights
Five Sigma, a SaaS claims management solution, was named by CB Insights as one of the most promising insurtech companies of 2023, featured on CB Insights’ annual list of 50 most disruptive companies that are revolutionizing the insurance landscape with innovative solutions and customer-centric approaches. Read More