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Phoenix Holdings provides comprehensive financial services and multi-line insurance products across Israel. Offerings span life and savings, health, and property and casualty insurance, alongside retirement planning, investment management, and wealth solutions. The company delivers a broad spectrum of financial instruments for diverse client needs within the Israeli market.
Phoenix Holdings originated January 1, 1949, in Givatayim, Israel. The Recanati family and Israel Discount Bank-affiliated investors founded it. Their insight recognized a critical need for reliable insurance and long-term savings solutions. This led to establishing an entity pioneering insurance underwriting and comprehensive financial services for the nascent Israeli market.
The company serves a wide array of clients, including individuals and institutions across Israel, providing services for financial security and wealth accumulation. Phoenix Holdings aims to solidify its position as the premier financial group in Israel. Its long-term vision is to become the undisputed leader in Israel's insurance, asset management, and broader financial services sectors.
Phoenix Holdings has 2 tracked investments across 2 companies. The latest tracked deal is $10.0M Series A in AI Hay in June 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2025 | AI Hay | $10.0M Series A | Argo | Jungle Ventures, Square PEG Capital, AppWorks, Northstar Ventures |
| Jan 5, 2022 | Timo | $20.0M Other Equity | — | FinAccel, Granite OAK, Jungle Ventures |