Itamar Novick
General Partner at Recursive Ventures
Itamar Novick
General Partner at Recursive Ventures
Berkeley, California
Overview
Work Experience
Founder & General Partner
2014 - Current
Founder & General Partner of Recursive Ventures, a Silicon Valley Seed fund backing amazing tech entrepreneurs disrupting industries with Data and AI. Selected as top 100 global seed investor by Business Insider in 2021, 2022, and 2023. Some of the companies I am or have been directly involved in include: Life360 (IPO NASDAQ:LIF) Credible (IPO ASX) MileIQ (Acquired by Microsoft) Automatic (Acquired by SiriusXM) Siftery (Acquired by G2 Crowd) Birdi (Acquired by Luma) Tile (Acquired by Life360) Flow Security (Acquired by CrowdStrike) Armory (Acquired by Harness) Zendrive (Acquired by Intuit/Credit Karma) Deel Placer.ai Honeybook Any.do Suiteness Peerspace Hint Health Akash Network Cherre TapResearch SafeGraph Orro Raise May Mobility Anjuna Security Watchful Aura Improvado Honk Wevo My Money Karma Deduce BrightFlow Lendai Estuary Covu Culture Science Tomato AI Storytell Clarity AI Apeiros Perceptive Panda Perspective AI Orita Prosal QuickServe AI Teem Mesh Security ...
Chief Business Officer, Investor
2015 - 2021
• In charge of Business Development, Corporate Development, Finance, and Operations • Led Life360's IPO as Acting CFO and GC, raising over $140m. Raised $100m+ from VCs, Strategic investors and Venture lenders • Led multiple strategic commercial deals in IoT, Insurance, and Mobile • Led six acquisitions
VP Product, Founding team member
2012 - 2015
• In charge of Product, Growth, Design, and Customer Service • Helped scale Life360 to tens of millions of active monthly users • Launched company's revenue generating products and many foundational features Part location, part communication, Life360 is the largest family network on Mobile. Life360 (Life360:ASX) was backed by DCM, Bessemer Venture Partners, Fontinalis Capital, 500 Startups, Samsung NEXT, Kapor Capital, BMW iVentures, ADT, and Seraph Group.
Senior Associate
2011 - 2012
Early stage investments (series A and B) in Mobile and Consumer Web, SaaS and FinTech startups • Sourced and/or led due-diligence in several deals, including Check, SohoOS, Fundly • Board observer at Check (Sold to Intuit for $360m) and SohoOS. Worked closely with portfolio companies and entrepreneurs • Startup Mentor at UC-Berkeley startup accelerator@Skydeck and Mozilla Web FWD accelerator
Founding Venture Partner
2011 - 2012
• Member of the team that helped setup UpWest Labs • Supported early investment in companies such as SentinelOne and Honeybook • Mentored dozens of early stage startups on Product, Fundraising, and Go-to-market UpWest Labs is a Silicon Valley Start-up accelerator supporting Israel's best entrepreneurs.
Head of Product
2008 - 2010
• Early employee and first Product hire. Member of company’s management team • Built and managed the company's Product, Design, and Technical writing teams • Executed deals with media and tech customers, such as EA, Adobe, Microsoft, Sony, Yahoo and MTV Gigya is the leading Identity and social optimization platform for online business, connecting websites to social network platforms. Gigya was backed by Benchmark, Mayfield, First Round Capital, DAG and Adobe Ventures. Acquired by SAP for $350m.
Product Management & Sales
2006 - 2008
• Built and managed Design, R&D and QA teams • Successfully led 2 sales processes, each bringing in over $500,000 in revenue Netwise Application Ltd. (acquired by Matrix - TA:MTRX), is a world leader in eGovernment solutions and Israel's biggest Web consulting company.
Software Engineering Team Lead
2004 - 2006
Co-Founder and CTO
2001 - 2004
Founder of Military police Anti-Cyber crime unit
1996 - 1999