Wiz Co-Founder Assaf Rappaport Becomes Tech Midas with New Investments
Assaf Rappaport, co-founder of the cybersecurity firm Wiz, has become a highly sought-after investor following the company's $32 billion sale to Google Cloud. Rappaport and the other three Wiz founders, who collectively earned billions, have established an investment company to manage their wealth. Rappaport himself is now considered a 'Midas of local high-tech,' with startups eager to have him as an investor, believing his involvement will attract further investment and lead to successful exits.
Rappaport has invested in numerous startups, including prominent tech companies like Anthropic, unicorn Deel, cybersecurity firm Torq, and Irregular, which was named one of the top 50 companies by Calcalist for 2025. His involvement in these investments is typically passive, with stakes often in the hundreds of thousands of dollars, though potentially higher in venture capital funds. His profile as an investor began rising after his success with Adallom, but his current prominence grew alongside Wiz's meteoric rise and especially after its acquisition.
One of Rappaport's recent notable investments is in Stardst, a pre-seed fund led by Merav Bahat, founder of Dazz, which Wiz had previously acquired. Rappaport had also invested in Dazz. Stardst aims to support early-stage entrepreneurs with knowledge and backing from established entities and the experience of Bahat and Rappaport, who previously worked together at Microsoft.
Beyond tech, Rappaport and Bahat are also making a significant investment in Channel 13, a television network. They have committed approximately $120 million (around 430-450 million shekels) over three years. While awaiting regulatory approval for control of the channel, they are actively expanding its reach by acquiring other media platforms, such as "Israel Entertainment," in which they purchased a 60% stake for 48 million shekels, valuing the company at 80 million shekels. This acquisition signals their view of Channel 13 not just as a TV station but as a broader communication platform.
