Share of tech startups that reached maturity in Israel 2023, by vertical

Published by Statista Research Department, Feb 28, 2025

In 2023, 22 percent of technology companies, founded in Israel as startups since 2003, were able to reach maturity. Among firms in the defense technologies vertical, 38 percent were categorized having reached maturity. In the local semiconductor industry, 33 percent of ventures were found to be mature companies. As of 2023, 2,799 mature tech start-ups were active in Israel.

Share of technology startups that reached maturity in Israel in 2023, by field of activity

CharacteristicShare of mature startups
Defence-tech 38%
Semiconductors 33%
Industrial-tech 30%
Communications 27%
Cybersecurity 26%
Cleantech 26%
Applications for industry and business 22%
Agritech and foodtech 22%
Other 22%
Life sciences 21%
Content and media 20%
E-commerce and advertising 20%
Fintech 19%
Showing entries 1 to 13 (13 entries in total)
Created with Highcharts 7.2.2Share of mature startups38%38%33%33%30%30%27%27%26%26%26%26%22%22%22%22%22%22%21%21%20%20%20%20%19%19%Defence-techSemiconductorsIndustrial-techCommunicationsCybersecurityCleantechApplications for industry and businessAgritech and foodtechOtherLife sciencesContent and mediaE-commerce and advertisingFintech
0%2.5%5%7.5%10%12.5%15%17.5%20%22.5%25%27.5%30%32.5%35%37.5%40%42.5%

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Sources

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Release date

December 2024

Region

Israel, MENA

Survey time period

2023

Supplementary notes

Currency conversion rate as of February 5, 2025 was 1 USD = 3.56 ILS.

The source defines a 'mature startup' as a 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:

  1. The company operates for at least 10 years.
  2. The company employs at least 80 employees.
  3. The company earned more than 20 million Israeli shekels (about 5.5 million U.S. dollars).

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