Ribbit Capital VII, L.P. has invested in the seed funding of Israel’s reDeFine Technologies, Ltd.

Categories: Hi-Tech

Ribbit Capital VII, L.P. has invested in the seed funding of Israel’s reDeFine Technologies, Ltd. (“reDeFine”). The round totaled approximately USD 11 million.

California-headquartered Ribbit is a global venture capital firm that specializes in early-stage companies. It seeks to invest in financial services and financial technology with a focus on lending, payments, insurance, accounting, tax preparation, bitcoin, wealth management, and personal financial management.

redefine is a DeFi risk assessment and mitigation platform that uses data analytics and blockchain intelligence to manage investment risks.

Goodwin advised on the transaction, with the team comprising Mitzi Chang, Sara Wolf, and Ari Ghavami(Corporate), with invaluable assistance from Brynn Peltz, Nick Losurdo, Meghan Spillane, and local Israeli counsel, H-F & Co.