Originally a car rental business, today the Shlomo Group has grown into one of Israel’s largest companies, which has grown in the areas of transport, insurance, finance, infrastructure, construction, shipping, logistics and real estate. Today, the Shlomo Group operates in Israel, Romania and Germany, generates annual revenue approximately EURO 1.5bn, and employs over 5,000 people.
The Shlomo Group is a family run business established in 1974 by the late Shlomo Shmeltzer.
Shlomo started his business as a small car rental company with only 3 cars. Thanks to a hands-on approach and sharp commercial senses, Shmeltzer grew the Shlomo Group into a conglomerate employing some 5,000 people.
An outstanding and respected figure within the Israeli business and financing community, Shmeltzer built a reputation for buying struggling companies and turning them around into thriving businesses.
Funding Rounds (4)
|ClickIns Funding Round||March 2023||$75M||Shlomo Group, Mobilion Ventures, Adar Ltd., Scharf Group, UMI Israel|
|Hailo Series C||October 2021||$36M||Gil Agmon, Poalim Equity, Zohar Zisapel, ABB Technology Ventures, Latitude Ventures, OurCrowd, Carasso Motors, Comasco, Shlomo Group, Talcar Corporation, Automotive Equipment (AEV)|
|ClickIns Seed||December 2019||$1M||Shlomo Group|
|AXILION Seed||September 2019||$6M||Shlomo Group, the Shmeltzer family, John Casesa, Arik Steinberg, Shy Datika, Mark Joseph|
|ㅤInvestor Name||Investor Type||Location||Portfolio|
|ㅤMobilion Ventures||Corporate Venture Capital||Israel||5|
|ㅤPoalim Equity||Investment Firm||Israel||10|
|ㅤLatitude Ventures||Venture Capital||United Kingdom||7|
|ㅤABB Technology Ventures||Corporate Venture Capital||2|
|ㅤAutomotive Equipment (AEV)||Company||Germany||1|
|ㅤthe Shmeltzer family||1|