Israel has earned the global nickname – “start-up nation” – thanks to the growing number of global startups it produces. The nation has produced 2,000 startups in the past decade, and a majority of these start-ups have been SaaS-driven. Acknowledging this, we took up the task of looking into the Israeli technology ecosystem. This has helped us come up with the list of the top 25 SaaS companies in Israel.

Here’s the list –

1. Adaptive Shield

Adaptive Shield is a SaaS company that offers a security posture management platform that is used to help organizations manage and secure their cloud services. Adaptive Shield provides enterprises with a continuous, automated platform and a built-in knowledge base to provide true native SaaS security.

Founded in: 2019

Founder/CEO: Jony Shlomoff, Maor Bin

2. Binah AI

Binah AI is one of a kind SaaS-based startup founded in Israel. The firm provides video-based monitoring solutions for health and wellness services. Its AI platform is both easy to use and accessible. The company’s vision is to create a world where users can easily access software-based care and should be able to make informed decisions at lower costs.

Founded in: 2016

Founder/CEO: David Maman

3. Blue Dot

The Blue Dot is an Israel-based SaaS platform that helps businesses connect the dots to finish the transactional story of each employee, going beyond tax compliance.

Founded in: 2019

Founder/CEO: Isaac Saft

4. Cato Networks

Cato Networks offers network security management software that is hosted in the cloud. It creates a network boundary in the cloud and enforces a single security policy across the entire network. The web-based GUI is used to manage and monitor security. Cato Networks provides a global private backbone, security as a service, edge SD-WAN, cloud data center integration, mobile access optimization, and cloud application acceleration.

Founded in: 2015

Founder/CEO: Shlomo Kramer

5. Claroty

Claroty offers security and network optimization solutions for OT networks. It’s a cybersecurity firm working on a solution for industrial control systems (ICS). The SaaS platform offers several innovative features, including continuous threat monitoring, network segmentation, continuous vulnerability detection, and security posture assessment. Claroty’s clients include ABB, Honeywell, Siemens, and Mitsubishi.

Founded in: 2014

Founder/CEO: Amir Zilberstein

6. DataRails

DataRails is a financial solution that automates quarterly and monthly reporting. The financial planning and analyzing platform helps small businesses.

Founded in: 2015

Founder/CEO: Didi Gurfinkel, Eyal Cohen, Oded Har-Tal

7. Deep Instinct

Deep Instinct is an online security firm specializing in deep learning. To prevent and identify malware, the organization uses powerful artificial intelligence. The platform offers zero-day attack protection.

Founded in: 2015

Founder/CEO: Guy Caspi Dr. Eli David Nadav Maman

8. DriveNets

DriveNets is a SaaS company that offers software-defined routing infrastructure. To Communications Service Providers. The company offers Network Cloud – a cloud-native disaggregated router – to its clients. DriveNets’s solution comprises two core components – DriveNets Network Operating System and DriveNets Network Orchestrator.

Founded in: 2015

Founder/CEO: Ido Susan

9. Gett   

Gett is a ride-hailing service that operates through an app. Users can book a ride by giving their passenger information, including their location details. It includes many payment choices and real-time tracking features and provides a SaaS-enabled platform for managing taxi management’s end-to-end business activities.

Founded in: 2010

Founder/CEO: Shahar Waiser, Roi More

10. Gong

Gong is an Israel-based SaaS company that provides revenue intelligence solutions. Gong is a call monitoring solution that helps internal sales teams understand and design functioning strategies. The platform also serves as a report card for call center employees to track their performance.

Founded in: 2015

Founder/CEO: Amit Bendov, Eilon Reshef

11. HiBob

Founded to modernize HR tech, HiBob helps mid-sized businesses create exceptional work experiences. The intuitive and data-driven platform offers a cloud-based HR platform that allows organizations to streamline their HR and talent acquisition processes.

Founded in: 2015

Founder/CEO: Ronni Zehavi

12. Infinidat

Infinidat is a low-cost vendor of InfiniBand hybrid storage systems for the enterprise. It can store petabytes of data in a single blade, giving it mainframe capabilities. Since the corporation claims to provide system uptime and high availability, it is well suited to this type of storage for object storage and big data analytics applications.

Founded in: 2011

Founder/CEO: Moshe Yanai

13. Kenshoo

Kenshoo is the world’s most popular agile marketing solution. The company aims to provide technology to marketers so they can establish brands and generate demand across all media. Kenshoo is the only technology platform that allows organizations to design, execute, and assess efficient marketing campaigns across the most popular digital channels.

Founded in: 2006

Founder/CEO: Yoav Izhar-Prato

14. monday.com

monday.com is a SaaS platform that enables its users to build customized applications. The platform also helps create work management software. monday.com attempts to transform how teams collaborate and build a culture of transparency.

Founded in: 2012

Founder/CEO: Roy Mann, Eran Zinman, Eran Kampf

15. Orca Security

Orca Security is a company that offers security solutions for cloud infrastructure. The company’s technology enables comprehensive visibility throughout the cloud architecture and all of its assets. It scans the cloud for viruses, vulnerabilities, and misconfigurations.

Founded in: 2019

Founder/CEO: Avi Shua

16. Papaya Global

Papaya Global is a SaaS-driven payroll management solution designed for businesses. The platform offers many features, including HR support, natural insurance, benefits management and administration, integrations like ERP and HRIS, and reporting. Papaya Global also offers payment management solutions, and it makes money through subscription-based plans.

Founded in: 2016

Founder/CEO: Eynat Guez

17. PayEm

PayEm is an Israel-based FinTech company that helps global organizations to integrate their ERP and financial systems with their payment solution. The technology, which was created specifically for global SMEs and enterprises, provides control and transparency by integrating procurement, AP automation, reimbursement, and credit card procedures into corporate expenditures.

Founded in: 2019

Founder/CEO: Itamar Jobani, Omer Rimoch

18. Redis Labs

Redis Labs offers a SaaS-based in-memory database designed for developers. It helps developers handle clusters, nodes, scaling, failure recovery, and data persistence. The platform can be used for real-time data ingest, real-time analytics, task & queue management, high-speed transactions, and machine learning.

Founded in: 2011

Founder/CEO: iftach Shoolman, Ofer Bengal

19. SimilarWeb

SimilarWeb is a digital intelligence provider that caters to small and medium businesses. The company provides a 360-degree view of the industry, including what and how the competitors do and how customers respond. The company offers research tools that provide analytics to understand insights about any given online company.

Founded in: 2007

Founder/CEO: Or Offer Nir Cohen

20. Syte

Based in Israel, Syte is a SaaS company that creates intuitive customer journeys. The company builds a product discovery platform that intends to change the way customers navigate websites and discover and shop products online.

Founded in: 2015

Founder/CEO: Helge Voss, Idan Pinto, Lihi Pinto Fryman, Ofer Fryman

21. Totango

Totango is an Israel-based customer success company that aims at increasing customer loyalty. Totango’s customer success technology, SuccessBLOCs, is modular, visual, and easy to use and implement. It allows companies of all sizes to design, run, and optimize all aspects of their customer activities.

Founded in: 2010

Founder/CEO: Guy Nirpaz, Omer Gotlieb, Oren Raboy

22. Wix

Wix is a website-building tool that enables organizations, enterprises, professionals, and individual users to take their branding and businesses online. Wix ADI – the AI-driven website building tool – gives Wix a competitive edge because of its ease of use and availability of many templates.

Founded in: 2006

Founder/CEO: Avishai Abrahami, Nadav Abrahami, Giora Kaplan

23. Wiz

This company is a cloud infrastructure security solutions provider. It offers several important features, such as root cause analysis, cloud workload security, cloud risk visibility and management, decision making, safe cloud deployments, and vulnerability and threat assessment.

Founded in: 2020

Founder/CEO: Assaf Rappaport.

24. Workiz

Workiz is an innovative Field Service Management solution. This SaaS-driven field service management and communication software allows scheduling jobs and getting paid in the respective field.

Founded in: 2015

Founder/CEO: Adi Azaria

25. Yotpo

Yotpo is a SaaS company founded in Israel. It is an e-commerce marketing platform that offers businesses the most advanced solutions for visual marketing, building brand loyalty, increasing positive customer reviews and referrals. Businesses use this platform to communicate with both existing clients and prospective customers.

Founded in: 2011

Founder/CEO: Tomer Tagrin, Omri Cohen

Conclusion

The list shows how diversified and innovative the SaaS companies in Israel are! And, there are many more innovation-driven Israeli companies. Do comment on the ones you think should be on the list.

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