Thetaray - JVP

ThetaRay is a pioneer in the field of Anti-Money Laundering with an AI- powered solution that delivers trusted transactions and trusted customers for banks, fintechs, and regulators around the world. ThetaRay’s transaction monitoring, customer and sanction screening, and customer risk assessment product suite enables compliant business growth and helps institutions fight financial crime. With ThetaRay, customers experience significant operational efficiency gains, reduced false positives, and comprehensive risk coverage. ThetaRay helps its clients – regulators, global and local banks, fintechs and payment providers, to accelerate their business growth with confidence, improve customer satisfaction, reduce compliance costs, while increasing their risk coverage. ThetaRay offers 360-degree solutions for financial crime and business enablement for financial institutions. The company’s products include transaction monitoring, customer due diligence, sanctions screening and more. Serving originating, correspondent and terminating banks and FinTechs, as well as regulators, ThetaRay’s solutions allow such FIs to better serve customers, offering overall quality of service across all their payment interfaces, drive business growth (unlocking new customers and global relationships), become compliant, and streamline costs. ThetaRay’s products are built on its disruptive advanced analytics platform, leveraging significant research performed by two world-renowned professors, and its 19 patents. The SaaS-based, AI engine, based on proprietary, Hyper-Dimensional, Multi-Domain, Big Data Analytics, operates in near-real- time and is superior to legacy rule-based systems, all while guaranteeing low false positives, and providing a white-box recommendations and full explainability. The solution is approved by regulators and is unmatched by competitors.

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Our mission

Jerusalem Venture Partners™ is a leading international Fund with strong presence in Israel and New York. For the past 30 years, JVP has been instrumental in building some of Israel’s international category leaders, scaling them to North America, Europe and Asia, with significant ownership positions. JVP invests early, taking large positions on a low-cost basis, and then invests in the companies again, to maintain and increase its position, with leading third party international Funds.

A Defining Moment for Cybersecurity, for JVP, and for Israel/US Cooperation: CyberArk’s $25B Merger with Palo Alto Networks

Last week marked a moment of both pride and reflection for all of us at JVP. The announcement of CyberArk’s $25 billion acquisition by Palo Alto Networks is not just a landmark deal in the cybersecurity landscape—it’s a powerful validation of the JVP Way, our approach to company building that continues to define our firm today.

While we are no longer CyberArk shareholders, having exited our position a few years after its IPO, we were proud to have been CyberArk’s leading and largest shareholder from its early days to several years after it became a public company and its emergence as an international category leader. While I was Chairman of the company, we partnered closely with the founders during the most formative years of its journey. Back in 2011, when many investors were ready to sell the company for $120 million, JVP chose to reinvest and increased our position to 47%, buying out early shareholders, bringing in Goldman Sachs as an equity investment partner, and partnering with management to lay the foundation for a strong international expansion. That pivotal moment gave the company the opportunity to scale into a true global market leader.

CyberArk has always been ahead of the curve—pioneering insider threat protection, secrets management, machine-to-machine authentication, and most recently, preparing the world for secure Agentic-AI infrastructure. Its merger with Palo Alto Networks positions it to lead the AI era with a fully integrated, end-to-end security platform.

We invite you to revisit JVP’s unique role in CyberArk’s growth in this Forbes feature, Reuters press, and from CyberArk’s newsroom.

This milestone is a reminder that JVP’s tried and true approach – invest, reinvest, roll up our sleeves, and work diligently alongside founders and management teams to build category leading global companies – works. The JVP Way, developed over 30 years, is what enables JVP to build companies that lead and transform industries to the benefit of our investors.

Today, we continue to apply the same methodology to our current portfolio with company after company surpassing the $100 million revenue threshold, with JVP owning 40% or more, as they too become category-leading international businesses.