Ground Up Ventures appointed Navot Volk as a General Partner. Volk joined the early-stage venture capital firm as a Venture Partner in 2023. He will now lead the firm's operations in Israel alongside founding partner David Stark.
Investment focus and fund assets
Ground Up Ventures manages more than US$65 million across 2 funds. The firm invests between US$500,000 and US$1.5 million per company in the United States and Israel. It targets startups during their Pre-Seed and Seed rounds.
Portfolio highlights in Israel
The firm lists 58 portfolio companies and 4 stealth startups, with approximately 20 based in Israel. Its Israeli investments include defense company Kela, Komodor, and Triple Whale. The firm also backed Glass Imaging, which OpenAI acquired in September.
Leadership background and deals
Volk previously worked in senior positions at Microsoft and helped build the Microsoft for Startups program. He also established a new business line at Wix before moving into venture capital. Since joining the firm, Volk has completed 6 investments including Pillar Security, Unit, and Threefold.
David Stark and Cory Moelis founded Ground Up Ventures in 2017. The firm maintains dual headquarters in New York and Tel Aviv. Volk plans to continue backing early teams before they develop commercial products or customer data.