(Photo By: Ivan201 via Wikimedia Commons)
By: Noga Martin - April 20, 2021
Following a flurry of investment activity in recent months, New York is now home to 21 Israeli-founded unicorns—privately held companies valued at $1 billion or more—according to the United States-Israel Business Alliance. Each of these companies’ global or U.S. headquarters is based in Manhattan, establishing New York as the city with the second most Israeli-founded unicorns in the world, behind Tel Aviv.
“The numbers we’re seeing in New York are unprecedented,” USIBA president Aaron Kaplowitz said. “Despite a year filled with challenges and uncertainty, New York remains a global hub for growth industries that Israeli entrepreneurs continue to disrupt.”
Read More: JNS