When it comes to artificial intelligence, Israel is punching well above its weight. Often referred to as the “Startup Nation”, the country has carved out a global reputation for cutting-edge tech, and AI is no exception.
In fact, over the past decade, Israel’s AI sector has exploded, with breakthroughs in cybersecurity, health tech, autonomous vehicles and defence. Fuelled by world-class universities, military research and development and a highly skilled workforce, Israeli startups are attracting serious investment from around the world.
The AI scene has evolved from a niche speciality to a major economic driver, and it’s only gaining momentum. Whether you’re a tech enthusiast, investor or just AI-curious, it’s worth paying attention to the companies leading the charge.
How Has Israel’s AI Industry Changed Over the Last Decade?
Over the past decade, Israel’s AI industry has shifted from early experimentation to full-scale innovation with global impact. About ten years ago, AI in Israel was mostly concentrated in academic circles and defence-related research. Fast forward to today, and the country boasts hundreds of startups applying AI to fields like agriculture, fintech, mobility and digital health. This growth has been driven by increased funding, both local and international, as well as a maturing tech ecosystem.
The talent pool has also expanded dramatically, with more AI-focused university programmes and retraining initiatives supporting the demand. Multinational companies have taken notice too, setting up R&D hubs to tap into Israeli expertise.
AI is no longer a futuristic concept here – it’s a commercial reality powering just about everything from fraud prevention tools to smart cities. As algorithms grow more sophisticated and data becomes more accessible, Israel’s role as a global AI powerhouse continues to get stronger and stronger every day.
Top 8 AI Companies In Israel To Keep An Eye On
Here are the top 8 AI companies in Israel that are making a difference in the global industry.
Phaedra Solutions
Founded in 2013, Phaedra Solutions is a global software development company that offers services in web and mobile development, UI/UX design and AI/ML solutions.
With over 12 years of experience, they’ve delivered more than 700 projects to over 250 clients, helping raise $300 million in funding. Their AI and machine learning services focus on optimising workflows and automating tasks to aid data-driven decision-making.
Plavno
Established in 2007, Plavno is a software development company specialising in AI development, including AI agents, chatbots and assistants. Plavno has more than 16 years of experience and with an excess of 260 projects delivered, they cater to various industries such as e-commerce, fintech, healthcare and education.
Their team of over 100 specialists provides services ranging from mobile and web development to cloud solutions.
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TLV Tech
Based in Tel Aviv, TLVTech offers custom software solutions, including AI development, full-stack development, mobile app development and DevOps services.
They provide tailored software solutions to startups, SMBs and enterprises, aiming to drive business growth through innovative web and mobile solutions.
Coro
Coro is a cybersecurity platform focusing on small and medium-sized businesses (SMEs). Founded in 2014, it offers an all-in-one security solution covering endpoints, email, users, networks and cloud applications.
In 2024, Coro raised $100 million in a Series D funding round, bringing its valuation to $750 million. The company aims to provide affordable and comprehensive cybersecurity solutions for SMEs facing increasing cyber threats.
Riskified
Established in 2012 by Eido Gal and Assaf Feldman, Riskified is a publicly traded company providing AI-powered fraud prevention solutions for e-commerce businesses.
Headquartered in Tel Aviv and New York City, Riskified uses machine learning to detect and prevent fraud, offering a chargeback guarantee for approved transactions. The company went public on the NYSE in 2021, achieving a valuation of $4.3 billion.
The NineHertz
Founded in 2008, The NineHertz is an IT consulting company specialising in custom software development, including AI chatbot development, AI agent development and generative AI services.
With a team of over 350 professionals, they serve various industries such as finance, healthcare, education and e-commerce, delivering innovative digital solutions to clients worldwide.
Eurisko
Eurisko is a multinational software development and consultancy firm with a presence in the UAE, Saudi Arabia, Lebanon, Cyprus and the US.
Launched in 2010, they specialise in driving digital transformations through cutting-edge technologies, offering services in mobile app development, enterprise web development, AI, game development, mixed reality and smart cities/IoT solutions.
Snowflake
Snowflake is a data cloud company that enables organisations to mobilise data, build AI-powered data applications and unlock data insights within a secure and scalable platform.
They offer solutions across various industries, including advertising, financial services, healthcare, manufacturing and retail, helping businesses collaborate with data and drive innovation.
