Joule Ventures, formerly known as Janvest Capital Partners, has announced its rebrand in an effort to reflect the ethos and evolution of the firm.
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Joule recently closed a $65 million Fund IV and has begun allocating capital to companies such as Mirato, an AI-driven TPRM platform for financial institutions, Rupert, a data analyst backlog management solution, and Arnica, a stealth-mode DevSecOps start-up.
Joule Ventures got its start nearly a decade ago as Janvest Capital Partners, which was launched to provide a wider base of American LPs with access to Israel's emerging technology ecosystem. In an increasingly transactional market, Joule remains a steadfast people-first, principles-driven investor. Notable portfolio company breakouts where Joule led seed rounds include behavioral biometrics leader BioCatch, with more than $200 million in venture capital raised and Coralogix, which earlier this year closed a $55 million Series C. Joule has delivered top decile/quartile net cash return on all historic funds.
"We're changing our name to reflect the evolution of our firm and our mission to provide best-in-class structural and commercialization support to Israel's most compelling enterprise-focused entrepreneurs," stated Brian Rosenzweig, Joule co-founde, and partner. "Our dedication to entrepreneurs is evident in the efficiency of our operations, the value we deliver starting well before the investment, and our commitment to day one relationship building between key stakeholders."
This rebrand is also designed to formally launch the fund's investment team, which includes the addition of Tel Aviv-based Dafna Winocur Biran, who joined as a General Partner in 2018 alongside Brian Rosenzweig (Atlanta) and Daniel Frankenstein (NYC). Winocur Biran comes to Joule following tenures at SAP, Israel-based VC 83North, and Eric Schmidt's Innovation Endeavors.
