In 2022, 21 percent of technology companies, founded in Israel as start-ups since 2003, were able to reach maturity. Among firms in the defense technologies vertical, 37 percent were categorized to have reached a mature phase. In the local semiconductor industry, 33 percent of ventures were found to be mature companies. As of 2022, 2,560 mature tech start-ups were active in Israel.
Share of technology start-ups that reached maturity in Israel in 2022, by field of activity
Currency conversion rate as of September 2, 2024, 1 USD = 3.65 ILS.
The source defines a 'mature start-up' as a start-up venture which has completed its development phase and has commenced its production phase. During the stage, companies typically rely on their own income to operate and are less reliant on capital investment. The criteria for inclusion are either one or more of the following:
The company operates for at least 10 years.
The company employs at least 80 employees.
The company earned more than 20 million Israeli shekels (about 5.5 million U.S. dollars).
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Israel Central Bureau of Statistics. (January 6, 2024). Share of technology start-ups that reached maturity in Israel in 2022, by field of activity [Graph]. In Statista. Retrieved December 16, 2024, from https://www.statista.com/statistics/1490081/israel-share-of-startups-reached-maturity-by-field/
Israel Central Bureau of Statistics. "Share of technology start-ups that reached maturity in Israel in 2022, by field of activity." Chart. January 6, 2024. Statista. Accessed December 16, 2024. https://www.statista.com/statistics/1490081/israel-share-of-startups-reached-maturity-by-field/
Israel Central Bureau of Statistics. (2024). Share of technology start-ups that reached maturity in Israel in 2022, by field of activity. Statista. Statista Inc.. Accessed: December 16, 2024. https://www.statista.com/statistics/1490081/israel-share-of-startups-reached-maturity-by-field/
Israel Central Bureau of Statistics. "Share of Technology Start-ups That Reached Maturity in Israel in 2022, by Field of Activity." Statista, Statista Inc., 6 Jan 2024, https://www.statista.com/statistics/1490081/israel-share-of-startups-reached-maturity-by-field/
Israel Central Bureau of Statistics, Share of technology start-ups that reached maturity in Israel in 2022, by field of activity Statista, https://www.statista.com/statistics/1490081/israel-share-of-startups-reached-maturity-by-field/ (last visited December 16, 2024)
Share of technology start-ups that reached maturity in Israel in 2022, by field of activity [Graph], Israel Central Bureau of Statistics, January 6, 2024. [Online]. Available: https://www.statista.com/statistics/1490081/israel-share-of-startups-reached-maturity-by-field/
