Pitango Venture Capital

Pitango Venture Capital specializes in early-stage, health-tech, and growth investments.

4.0
(12)
Recommend to another founder 80%

Independent rating of Pitango Venture Capital VC fund

Overall rating:
4.0
(12)
Recommend to another founder: 80%
Team quality
4.0
Professionalism
Personal qualities
None
Integrity
None
Respect and decency
None
Experience
Relevant expertise
None
Investment process
Not reviewed
Approachability
None
Clarity of the process
None
Speed of the process
None
Responsiveness
None
Ease of the process
None
Due diligence
None
Value add
4.0
Supportiveness
Value add beyond financing
None
Board activity
None
Terms
Founder friendly
None
Help with follow-up rounds
None

About Pitango Venture Capital VC fund

Founded:
1993
Number of funds:
9
Number of investments:
315
Number of exits:
61
Headquarters:
Organization type:
Venture Capital

Portfolio - latest investments by Pitango Venture Capital VC fund

Founders' reviews of Pitango Venture Capital VC fund

Team quality
4.0
Professionalism
Experience
Investment process
Not reviewed
Value add
4.0
Supportiveness
Terms
Recommend to another founder 80%
Older than a year by non-portfolio founder
Good Talk
As an experienced entrepreneur I try to meet people from the industry to get some feedback on new directions my company is exploring. I asked to meet Merav Weinryb a principal at Pitango. She was told it is not a "deal flow" meeting but still agreed to meet on a short notice. We spent an hour going over the possible directions I should examine and she was quite helpful and knowledgeable.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Turned Down, but Quick and Courteous
I approached Chemi Peres. His response was quick. After I sent him the business plan, he responded quickly and very politely, turning down the prospect.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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The Titanic of Israeli VC's
Like the title says, Pitango really is the Titanic of Israeli VC's with all the pros and cons that come with that title. On the upside they are filled with very smart and knowledgeable people, they have a lot of experience and funds to back it up. However they can get quite cumbersome and they may require many, many meetings in order to make up their mind. More then that for a VC in that size only potentially startup companies that have a HUGE income potential get pushed forward in order to justify a large investment.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Good Pitch, Then Bogged Down
Seeking funding for a second generation of a successful desktop software product. Pitched and turned down by Rona.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Bad Terms, Promise the World, Deliver Nothing
Avoid Pitango at any cost
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Medical Devices Approach
We met with Nissim to present a new medical device. He was very kind and showed genuine interest (or so we thought) After three weeks we received an answer that they are in transit to a new fund and do not have the necessary resources. Two bad we were not informed before the meetings.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Not Responsive: Even Through a Personal Relationship
I've had a disappointing experience with this fund who, probably because of the popularity of Chemi Peres, is highly considered. No response, despite numerous attempts to reach out to the Managing General Partner which I knew personally.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Living on a Different Planet
Pitango has been steadily on the decline. The fund that was considered to be one of pillars of the VC industry in Israel has lost its stature to the Silicon valley brand names that have appeared in the Israeli VC scene. However, the partners there refused to accept the fact that they don't enjoy any monopoly on the best dealflow and talent and still act in a very arrogant and unprofessional manner. Most partners there lack any operating experience that is necessary to help build successful companies (although they would tell you otherwise). In practice, the fund is really managed by Chemi Peres who is very smart and influential person in Israel and abroad. Chemi is a very hard worker but lacks any bandwidth and is very arrogant in his style and the way he deals with people so it would be difficult working with him. Aaron Mankovski is basically a hot headed simpleton who is convinced that he has the patent on the right formula on how to build successful companies. He is a very terrible listener and very difficult to deal with and having him on your board would be a recipe for disaster. Rami Kalish is very sharp, intuitive person but typically unfocused and unreliable to entrepreneurs. Isaac Hillel is the only senior partner there with real operating experience background. He is very sharp and capable but tends to be very hasty and slow in his decision making. Overall, the fund is very difficult to deal with, their decision process is very slow and don't expect to hear back from them with any answer. They would only respond if there is competitive pressures and could be surprisingly aggressive at times. Overall, the value add is very limited and it is very rare to see any entrepreneur that chooses to go back to working with Pitango.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Rona Was Late... Arrogant
Big VC, big portfolio, little help. Rona has NO respect for other people's time.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Typical VC
Rami Beracha comes across as a unique partner in the VC scene, but don't be fooled - you will hear the same "we are not like the others", stories about "added value" and endless promises. He was nice to deal with until it became practical and then it was evident it's the same-old-story.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Wouldn't Help You, Would Mainly Play Golf at 3pm
My experience with Aaron is almost '0' help.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Large Tanker VC
this VC is too large for the Israeli market and therefore finds it hard to find enough deals. As a result, it tends to invest in more companies, lower quality deals that other VCs avoid, but at better terms, but don't expect any following assistance or anything.
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