Liquidity raises $ 20 million from Spark Capital and MUIP funds


Ilan Raviv, Ron Daniel (photo by Rami Zranger, Geva Talmore)

Liquidity Capital, from Meitav Dash, raised $ 20 million in its first round of investment, which was invested by the large American venture capital fund Spark Capital, which manages approximately $ 5 billion in assets, and the Innovation Fund. MUIP From the Mitsubishi Finance Group. In return for the investment, Liquidity, which today stands at $ 100 million, has allotted 20% of its shares to the funds.

The latest investment will be channeled to accelerate the technology developed by the company – a smart algorithm for forecasting income and cash flows, which helps manage and monitor financing transactions, while operating financial tools that enable debt-free growth. In addition, part of the investment will be transferred to a liquidity fund that supports many companies that are growing and developing the company’s business in Asian markets and the United States.

As part of the transaction, Liquidity granted Spark a license to use the technology it developed and Spark Gave liquidity the right to join future investments made by it in additional companies. In addition, Spark Has announced that it may increase its liquidity holdings by up to 20% in the coming year. Meitav Dash, according to its announcement, will relinquish control of Liquidity following the transaction and will hold only about 44.6% of its shares. The veteran investment house predicts that its total accounting profit from the deal will range from $ 20 million to $ 25 million.

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