Fund profile / Israel

Merlin Ventures Fund I

Geography
Israel
Stage
Pre-Seed
Fund size
$75M
Focus
SaaS
Signals
Published
Share
N°01 / About

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.

N°02 / Thesis

Investment Focus

Location / RegionIsrael
Funding StagePre-Seed
Industry Focus
SaaS

Investor Signals Profile

active

Sweet Spot

AI-native cybersecurity founders solving urgent CISO problems

AI-native-cybersecurity
enterprise-security
CISO-network
next-gen-infosec
founder-CISO-community

Bullish Signals

Cyber Safari Denver July 13, 2026 four-day summitwebsite
Founders Summit Tel Aviv Sep 8, 2026 AI-native focuswebsite
CISOs Roundtable NYC Nov 4, 2026 30 elite leaderswebsite
100+ CISO expert network, active deal sourcing platformwebsite
Merlin Labs physical + digital secure sandbox environmentswebsite
US Government go-to-market & compliance expertisewebsite
Portfolio acceleration: year-long enterprise sales boostwebsite
Portfolio wins: Torq, Talon, Oxeye, Cybereason, Orca, Cyolowebsite
Business development team drives customer acquisitionwebsite
Integrated platform supports entire growth journeywebsite
Founder testimonials: strategic partners opening hidden doorswebsite
True partnership model beyond capital injectionwebsite

Contrarian Signals

Cybersecurity-only focus limits portfolio diversificationexternal

Founder Do's

Build for CISOs / senior security buyers
Show real-world incident response value
Engage with practitioner community early
Attend Cyber Safari Denver July 2026 & Tel Aviv Summit Sep 2026
Connect directly with 100+ CISO network for deal sourcing
Leverage Merlin Labs secure sandbox for product testing
Tap government access expertise for compliance
Join Merlin business development for customer acquisition
Position for enterprise sales acceleration within 12 months

Founder Don'ts

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

29 signals on Merlin Ventures Fund I

12 bullish · 1 contrarian · 9 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$75M
Saves0
People

Key People

Shay Michel, Seth Spergel

Seth SpergelPartner
Tav Spector LeviPartner
Rachel MitchellPartner
Adrianna IadarolaTeam
N°04 / See also

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