The 50 Most Promising Private Tech Companies in Israel
Published by www.calcalistech.com on May 5, 2025.
This is the 16th year that Calcalist has ranked the 50 most promising private technology companies in Israel. To compile the list, we consulted a number of prominent investors, consultants, and entrepreneurs active in the Israeli market. We asked participants to identify the fastest-growing startups with the greatest potential to make significant business moves in the coming year, with an emphasis on companies not yet included in rating agency portfolios. After weighing the data and the range of expert opinions, Calcalist’s high-tech reporters and editors—well-versed in the inner workings of the tech sector—compiled this year’s list of the 50 most promising private technology companies.
At Calcalist’s Tech Independence event, held on Sunday in collaboration with Bank Leumi and Playtika and hosted by songwriter and composer Doron Medalie, the most promising startups in Israel were celebrated. The list could easily have been dominated by cyber companies—long considered Israel’s most globally renowned tech sector—but taking the top spot is Decart, a startup aiming to revolutionize the field of artificial intelligence.
In second place is Quantum Machines, a standout Israeli player in the promising field of quantum computing. Third place went to Buildots, which has developed a high-tech solution to a challenge almost everyone has experienced: construction delays.
Calcalist publisher Yoel Esteron opened the event with pointed remarks: “This terrible government and this miserable Knesset will not bother to say thank you, but the State of Israel owes a debt of gratitude to the entrepreneurs who continue—even in difficult times—to energize our high-tech sector. Without high-tech, as we know, our economy has no future. So from this Calcalist stage, we say: thank you.”
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Decart CEO Dean Leitersdorf and Quantum Machines Co-founder and Chief Engineer Nissim Ofek are both Technion alumni. Six other companies on Calcalist’s list were founded or are led by Technion alumni: ForSight Robotics, OX.Security, Qodo, DoorLoop, LightSolver and PhaseV.
