Merlin Ventures Fund I

Israel
Pre Seed
Share

About Merlin Ventures Fund I

Merlin Ventures Fund I is a venture capital firm based in Israel, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionIsrael
Funding StagePre Seed
Industry Focus
Saas

Investor Signals Profile

active

Sweet Spot

AI-native cybersecurity founders solving real CISO problems

cybersecurity
enterprise-security
CISO-network
AI-native-cyber
cutting-edge-infosec
founder-security-leader-community

Bullish Signals

Cyber Safari Denver July 2026 + Founders Summit Tel Avivwebsite
100+ CISO expert network, active deal sourcing platformwebsite
Merlin Labs for secure hands-on product developmentwebsite
US Government go-to-market & compliance expertisewebsite
Portfolio testimonials: year-long sales accelerationwebsite
Active CISO community events, Boston & NYexternal
Hands-on founder-CISO deal sourcingexternal
CISOs Roundtable NYC Nov 2026, 30 elite leaderswebsite
Portfolio wins: Torq, Talon, Oxeye, Cybereason, Orcawebsite
Business development team drives customer acquisitionwebsite

Contrarian Signals

Niche focus: cybersecurity onlyexternal

Founder Do's

Build for CISOs / senior security buyers
Show real-world incident response value
Engage with practitioner community early
Attend Cyber Safari Denver & Tel Aviv Summit
Connect directly with security leaders via fund network
Leverage Merlin Labs for secure product testing
Tap government access expertise for compliance
Participate in Merlin business development partnership

Founder Don'ts

Avoid generic security pitches
Don't ignore enterprise buyer validation
Don't skip community relationship-building

Key GPs & Partners

SS
Seth Spergel
Partner
cybersecurity-focusedcommunity-builderpractitioner-connected
TL
Tav Spector Levi
Partner
cybersecurity-focusedcommunity-builder
RM
Rachel Mitchell
Partner
cybersecurity-focusedcommunity-builder
AI
Adrianna Iadarola
Team
community-builderevent-organizer

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

Fund Overview

Fund Size$75M
Saves0

Key People

Shay Michel, Seth Spergel

Seth SpergelPartner
Tav Spector LeviPartner
Rachel MitchellPartner
Adrianna IadarolaTeam

Related Funds

Firstpoint VC Fund I

€50M
Israel
Seed
Gaming, Ai Ml
Fund Manager:Burak Yılmaz, Mike Fischer
Seed
Gaming
Ai Ml

Iron Nation Fund II

$60M
Israel
Seed
Cybersecurity, Deep Tech, Ai Ml, Med Tech, Defense
Fund Manager:Gil Friedlander, Chen Linchevski, Jason Wolf
Seed
Cybersecurity
Deep Tech
Ai Ml
Med Tech
Defense

Glilot Capital Partners Seed & Plus Funds

$500M
Israel
Seed
Saas, Cybersecurity, Ai Ml, Enterprise Software, Data Infrastructure
Fund Manager:Kobi Samboursky, Arik Kleinstein, Rinat Remler
Seed
Saas
Cybersecurity
Ai Ml
Enterprise Software
Data Infrastructure