New York City Now Home To 21 Israel-Founded Tech Unicorns

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Following a flurry of investment activity in recent months, New York is now home to 21 Israeli-founded unicorns — privately held companies valued at $1 billion or more — according to the United States – Israel Business Alliance (USIBA).

Each of these companies’ global or US headquarters is based in Manhattan, making New York the city with the second most Israeli-founded unicorns in the world, behind Tel Aviv, the USIBA said in a statement.

“The numbers we’re seeing in New York are unprecedented,” USIBA president Aaron Kaplowitz said. “Despite a year filled with challenges and uncertainty, New York remains a global hub for growth industries that Israeli entrepreneurs continue to disrupt.”

Read more at Times of Israel.

{Matzav.com}

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