Rinat Remler is a Partner at JVP and serves as an indispensable senior executive with responsibility for the financial affairs of the firm’s numerous ventures. Rinat has broad experience in financial management, including strategic and business planning, growth acceleration, global expansion, capital raising, investor relations and more. Her expertise extends to both U.S. and Israeli public and private sectors and markets.

 

Rinat began her career at an affiliate member of Ernst&Young, served as the CFO of Elron Electronic Industries, a pioneer in Israel’s high-tech investment scene, in which she facilitated IPO’s of portfolio companies as well as mergers and acquisitions, and as the CFO of SCR, a company at the forefront of agriculture technology which was bought by Antelliq and later on Merck for $3.4B, in which she had a major role in the company’s international expansion both organically and inorganically. Before becoming JVP’s CFO Rinat has worked with Erel for several years on non-profit activities and played a crucial role in ii2020, providing an economic development platform to expand Israel’s StartUp Nation and attract investments to all of the country’s regions. Rinat holds a B.A. (cum laude) in Economics from Haifa University and MBA from the Technion, Israel Institute of Technology.

JVP Closes $290 Million Continuation Vehicle in Partnership with TPG to Power Earnix’s AI Transformation of the Global Insurance Industry

Blue lion silhouette facing left beside bold blue letters “JVP” on a transparent background.

JVP, a leading global venture capital firm, announced today the close of a $290 million single-asset Continuation Vehicle in partnership with TPG GP Solutions, TPG’s dedicated U.S. and European GP-led secondaries strategy. The transaction supports the continued global expansion of Earnix, a category leader in Dynamic AI that is redefining the insurance industry, while delivering substantial liquidity to early JVP investors.

JVP has a three-decade track record of building companies into international category leaders through the JVP Way, a repeatable approach to company-building that has led to 42 of the largest exits out of Israel and New York, such as CyberArk (NASDAQ: CYBER), where JVP held a 47% stake at IPO and was recently acquired by Palo Alto Networks (NASDAQ: PANW) for $25B, Cogent Communications’ (NASDAQ: CCOI) $3.5B sale, Qlik’s $3B sale, and many others.

The Continuation Vehicle reinforces JVP’s conviction in Earnix’s global potential. Earnix is redefining the insurance industry by delivering a cloud-native, AI-driven platform for real-time decisioning in pricing, underwriting, and product personalization across the insurance and banking industries, resulting in significantly reduced costs and increased revenue. Already operating in more than 35 countries and across six continents, Earnix has been adopted by over 100 of the largest tier-1 insurance companies in the world such as AXA, Assicurazioni Generali, Tokio Marine, Banco Santander, IAG, Toyota Financial Services, and Munich Re.

With TPG GP Solutions as the lead investor and supported by several other global investors, the continuation vehicle enables JVP to retain and expand its ownership in Earnix, while supporting the company’s next stage in becoming a dominant force in the AI SaaS for the insurance and financial services industries. Investors in JVP’s early fund were offered the opportunity to either rollover or realize returns, and many chose to roll including Partners Group, HighVista Strategies, Committed Advisors, Hollyport Capital, and others. JVP’s continuation vehicle investors join JVP’s growth Fund investors, such as Hamilton Lane and Lexington Partners, to collectively hold more than 50% of the company. The transaction delivered a gross return of 8.7x to early Fund investors, once again providing JVP’s LPs with substantial returns.

Dr. Erel Margalit, Founder and Executive Chairman of JVP and Chairman of Earnix, said: “I am delighted to partner with TPG, one of the world’s leading investment firms, as they support us in building Earnix into the leading AI platform for the insurance and financial services industries. Once again, AI is changing vertical industries with some of the most advanced technology that we’ve seen to date. I am proud of the Earnix management in North America, Europe, Israel, and around the world as the company becomes a major international leader. As evidenced by Earnix’s predictive vertical AI, artificial intelligence broadly is delivering the ability to use and translate huge volumes of structured and unstructured data to drive transformational growth, improve customer experience, reduce costs, and ultimately, serve more people in our rapidly changing and dynamic world.”

Earnix’s CEO Robin Gilthrope said, “We are excited to partner with JVP and TPG GP Solutions; their support validates our leadership in Dynamic AI for the insurance sector. This builds on Earnix’s track record of successful customer deployments in 35 nations around the world and will accelerate adoption of AI-driven decisioning across the risk cycle for the banking and insurance industries.”

TPG GP Solutions Co-Managing Partner Michael Woolhouse said: “We are pleased to partner with JVP in supporting Earnix, a company that is redefining how global insurers and financial institutions make critical decisions through intelligent, real-time AI technology. Our investment strongly aligns with TPG’s longstanding thematic focus on deeply embedded, AI-enabled software solutions that transform how their customers operate. Earnix combines deep technical innovation with proven commercial traction at scale, and we are proud to support their continued growth.”

This transaction is one of the largest continuation vehicles of its kind by a venture capital firm. It reflects growing institutional demand for exposure to high-performing, later-stage venture-backed companies, and underscores JVP’s role as a long-term company builder with deep operational capabilities and global scaling expertise. JVP continues to lead in vertical AI across insurance, fintech, banking, cybersecurity and SaaS, complementing the GenAI revolution and bringing these innovations to professional industries undergoing rapid change.

Dr. Erel Margalit, Founder and Executive Chairman of JVP, serves as Earnix’s Chairman.