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.

1974
Company
Sector
Technologies
Automotive
Retail
Mobile
Insurance
Smart City
Chip
Artificial Intelligence
Hardware
Smart Home
AI Technology
Machine Learning
Artificial Intelligence
Deep Learning
Computer Vision
AI-Optimized Hardware
Offering Type
Business Model
Software
Hardware
B2B
B2G

People

Jonathan Matus

Name

Title

Class

Ira Sobel

Name

Title

Class

Tali Gross

Name

Title

Class

Investment Portfolio

Public
2009
40

Startup

Status

Founded

Employees

Active
2014
17

Startup

Status

Founded

Employees

Active
2017
155

Startup

Status

Founded

Employees

Investment Round History

October 2021
Series C
$36,000,000

Startup

Date Announced

Round

Capital Raised

December 2019
Seed
$1,000,000

Startup

Date Announced

Round

Capital Raised

September 2019
Seed
$6,000,000

Startup

Date Announced

Round

Capital Raised

Co-Investors

Venture Capital
1972
-

Investor

Investor Type

Founded

Funds Raised

Venture Capital
2019
$221,500,000

Investor

Investor Type

Founded

Funds Raised

Venture Capital
1983
$8,900,000,000

Investor

Investor Type

Founded

Funds Raised

News

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