Economy · Full coverage
Haredi High-Tech Startups Show Surprising Growth and High Survival Rates
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Ynet · 19 hours ago
What happened
Since 2019, 53 Haredi-founded startups have raised $62.4 million and achieved a 93% survival rate one year post-acceleration program, expanding globally and increasing valuations by 162%.
- 0153 Haredi startups raised $62.4 million since 2019 through an acceleration program.
- 02Startups show a 93% survival rate one year after program completion, defying past trends.
- 03Half of the companies expanded to international markets including the US, Europe, and Japan.
- 04Company valuations rose 162% during the six-month program, with most generating revenue early.
- 05Eight entrepreneurs presented innovations in AI, digital health, fintech, e-commerce, and software.
- 06Israel Innovation Authority stresses integrating Haredi community into the tech sector for growth.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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