US Equity firm leads USD205 million investment in Israeli data platform
Categories: Hi-Tech
American growth equity firm Providence Strategic Growth (“PSG”) has led a Series A-2 investment of USD 205 million in Lusha Systems, a crowdsourced data platform for B2B sales, at a valuation of USD 1.5 billion.
The round was led by PSG, with additional investment by ION Crossover Partners, bringing total investment in the company to USD 245 million.
Founded in 2016, Lusha has developed a cloud-based platform that provides sales professionals and teams easy access to enterprise-grade solutions, to identify their ideal target buyer, and gain data-driven insights on who they approach as a potential customer, when and why.
Yigal Arnon represented PSG in the investment, led by Advs. Yarom Romem, Yulia Lazbin and Elan Loshinsky.
