Elron Ventures Ltd
296.40
ILA
+11.30
(+3.96%)
Elron Ventures Ltd
TASE:ELRN
(Tel Aviv Stock Exchange)
Recent
price
296.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Elron Ventures Ltd (TASE: ELRN) is an Israel-based operational holding company and venture capital firm that invests in and builds early-stage technology companies, primarily in cybersecurity, enterprise software (SaaS), deep tech, defense tech, and select medical devices. The company provides capital, strategic guidance, board representation, and operational support to its portfolio companies, including product development, go-to-market strategies, and partnerships; it realizes value through exits, public offerings, or distributions to shareholders. Elron operates through subsidiaries such as Rafael Development Corporation Ltd. (RDC, 50.1% owned jointly with Rafael Advanced Defense Systems Ltd.), RDSeed Ltd., and El CISO Ltd. (managing partner of CyberFuture, its Global CISO investment alliance); core holdings include cybersecurity firms like IronScales (anti-phishing), Sixgill (dark web intelligence), Cynerio (healthcare cyber protection), Scribe Security (software supply chain security), Red Access (secure web access), Cyvers (DeFi security), and Breeze (threat prediction); enterprise software such as Sayata (AI insurance platform), OpenLegacy (legacy modernization APIs), Zengo (crypto wallet), Tamnoon (cloud risk remediation), and Creednz (fraud prevention); and medical/deep tech like Notal Vision (AMD diagnostics), BrainsGate (neurological stimulation), Nitinotes (obesity treatment), Atlantium (UV water disinfection), Wonder Robotics (drone awareness), Edge (ad tech), Audioburst (AI audio), and N-Drip (energy-free irrigation). Elron focuses on Israeli startups with global potential, leveraging its investment platform that includes ideation support, Rafael IP commercialization rights, CyberFuture for CISO-led cyber investments (e.g., Astrix, Prompt, Entitle), an advisory board of industry executives, and networks of "Elronists" (prior entrepreneurs) and international contacts. Founded in 1962 and headquartered at ToHa Tower in Tel Aviv, Israel, with a New York office, Elron has historically incubated over 30 companies generating combined annual revenues of approximately $5 billion, including notable past exits like Given Imaging (to Covidien), Medingo (to Roche), Cloudyn (to VMware), and SecuredTouch (to Ping Identity). In September 2024, Arieli EL (part of the Arieli Group) acquired a 59.14% controlling stake from Discount Investment Corporation Ltd. for $53.2 million, including Elron's 50% in RDC, to accelerate growth in cyber, B2B software, and civil technologies via Arieli's global ecosystem; recent exits include Canonic (2023) and CartiHeal (2024, orthopedic implants); the company reports three exits in 2025 year-to-date, shifting strategy toward deep-tech/defense-tech with "exit mentality" via enhanced Rafael ties, while distributing dividends of $26.5 million (2024) and pursuing further payouts from exits.