TLV Partners logo

TLV Partners

Institutional venture firmSEC venture capital fund adviser· Tel AvivTLV.PARTNERS

TLV Partners is an Israeli VC firm investing in early-stage startups and partnering with innovative entrepreneurs to build category-defining companies.

In the firm's own words, from its website.

Reported fund assets
$643M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
8
Latest vintage
2022
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

10 additional team members, 28 additional co-investors and affiliates, 62 additional investments, funds and LPs, 5 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 1 company
    new in 12 months

    1 new company in the last 12 months. Latest round Converge Bio round ($25M round) on 13 Jan 2026.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 14 Sep 2026 ($130M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  3. 3 deals
    with Bessemer Venture Partners

    Invests most often alongside Bessemer Venture Partners (3 shared deals) and TQ Ventures (2 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Co-Founder & Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet

Relationship network

112 connected entities5 observed rounds2 repeat counterparties3 dated rounds shown here, 2025 to 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to TLV Partners: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to TLV Partners

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

62 companies on record, 1 new in 12 months

Investments on record

62 companies, 3 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Converge Bio Inc.portfolio listingleadunknownunknownunknownOct 1, 2026Fact Company website
oligo.securityportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
solvo.cloudportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

71 observed deals
Stated (the firm’s website)
Sectors
ai, healthcare, quantum
Stages
early
Geography
israel
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
seed 100%
Stage at first entry
seed 100%
Industries, each company once
Life sciences (1)
lead rate 75%follow-on rate 25%new companies, 12 months 1

Team

13 current, 1 departed

Decision makers

who to call first, and why; then everyone else by function
  • Eitan Bek · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Rona Segev · Co-Founder & Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Shahar Tzafrir · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

13 current, 1 departed
1 departed (kept with end dates)
  • Ronit Dulberg · Cfo, Cco · Jul 1, 2015 to Mar 25, 2019 Inference

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

6 vehicles, 0 LPs disclosed

Funds and vehicles

6 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
TLV Partners Co-Investment, LLC - Series AquaSPV or co-invest vehicle2022 adv first reportedActive deployment$89,000
Mar 30, 2026
2unknownunknown
TLV Partners Co-Investment, LLCSPV or co-invest vehicle2020 adv first reportedMature$13.2M
Mar 30, 2026
5unknownunknown
TLV Partners Strategic Fund II, L.P.Fund2019 adv first reportedMature$5.3M
Mar 30, 2026
26unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Klarman Family FoundationFOUNDATIONTLV Partners II, L.P.$7.9M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

31 co-investors · on 1 other DFX graph

Co-investors

31 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
Across the graphs

TLV Partners is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

TLV Partners sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

10 dated events, 56 observations from 3 sources

Timeline

10 dated events
  1. Mar 27, 2022
    TLV Partners Co-Investment, LLC - Series Aqua first reported on Form ADV by TLV Partners (Venture Capital Fund), GAV $17,000,000
    Fund first reported on Form ADVFundsFactTLV Partners Co-Investment, LLC - Series AquaForm ADV
  2. Mar 24, 2020
    TLV Partners Co-Investment, LLC first reported on Form ADV by TLV Partners (Venture Capital Fund), GAV $7,000,000
    Fund first reported on Form ADVFundsFactTLV Partners Co-Investment, LLCForm ADV
  3. Mar 25, 2019
    Ronit Dulberg Gal (Cfo, Cco) no longer on Schedule A of TLV Partners
    Person leftPeopleInferenceRonit DulbergForm ADV
  4. Mar 25, 2019
    TLV Partners Strategic Fund II, L.P. first reported on Form ADV by TLV Partners (Venture Capital Fund), GAV $1,000,000
    Fund first reported on Form ADVFundsFactTLV Partners Strategic Fund II, L.P.Form ADV
  5. Mar 25, 2019
    TLV Partners II, L.P. first reported on Form ADV by TLV Partners (Venture Capital Fund), GAV $42,000,000
    Fund first reported on Form ADVFundsFactTLV Partners II, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 6 private fundsShow
Headquarters
Tel Aviv, Israeladviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 30, 2026
Private funds reported
6 (6 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$643Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $643M across 6 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $1.0B across 6 vehicles

Evidence

57 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
First Form ADV filing2018-01-09Mar 30, 2026FactForm ADV
First Form ADV filing2018-01-09Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 28, 2024FactForm ADV
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 12, 2026Fact
HeadquartersTel Aviv, IsraelMar 28, 2024FactForm ADV
Office addressMar 28, 2024FactForm ADV
Legal formCorporationMar 28, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported6Mar 30, 2026FactForm ADV
Private funds reported6Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$643MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$1.0BMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated geographyisrael
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyisrael
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyisrael
“geography words on the home page”
Sep 12, 2026Fact
Stated sectorsAI, healthcare, quantum
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, healthcare, quantum
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, healthcare, biotech, quantum
“sector words on the home page”
Sep 12, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 12, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported6Mar 30, 2026FactForm ADV
Venture funds reported6Mar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 2 filing advisers share this firmShow
Importance
55
elevated
Active deployment
11
low
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $643M across 6 vehicles

This firm files as 2 advisers on tlv.partners: TLV Partners Management Ltd. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.55 · funds: 0.5 · people: 0.4 · investments: 0.69 · co investors: 0.6
active deployment
investments 12m: 0.38 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-04-28
emerging manager
fund count: 6 · reported gav: $643M · first adv filing: 2018-01-09 · years since first filing: 8.7

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2018-01-09source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.