Erel is the Founder and Executive Chairman of JVP and Margalit StartUp City. Erel founded JVP over 30 years ago and is one of the chief architects of the Start-Up Nation, bringing innovation and entrepreneurial leadership to Israel’s most pressing economic and social challenges.
Forbes Midas List – Chosen for the Forbes Midas list and by Israel’s prestigious business paper “The Marker” as the first venture capitalist with the golden touch, Erel has supported numerous managers to lead their companies to international leadership positions. Erel developed JVP’s strategy to guide management teams as they build their own strategy, define their category leadership and scaling their respective companies to become an international category leaders.
Orchestrating 42 IPOs and M&As – Erel has orchestrated numerous international exits, among them CyberArk (NASDAQ: CYBR), from an Israeli small cyber startup, to a $10 billion NASDAQ global leader; QlikTech (NASDAQ:QLIK) from a Swedish company to a BI international leader, with an exit valuation of $2.5 billion; Cogent Communications (NASDAQ: CCOI) which was currently valued at $3.8 billion; the exit of Netro at a $5.5 billion company valuation; and the $4.8 billion sale of Chromatis to Lucent Technologies. Today, Erel and the JVP Partners are leading similar journeys with its scaling portfolio companies building them to international leadership and multi-billion dollar valuations. Erel is the Chairman of the Board of Earnix, ThetaRay, Centrical, and serves on the Board of ControlUp, Nanit, Inshur and more.
Member of the Israeli Knesset – During 2013-2017 Erel served as Member of the Israeli Knesset, and was a member of the Security and Foreign Affairs Committee, a ranking member on the National Finance committee, and led the Cybersecurity Taskforce. He was responsible for the Knesset’s economic development taskforce for Israel’s North and South, creating seven new regions of economic excellence, each dedicated to thematic field of innovation. Erel led the Mediterranean Innovation Forum that encouraged collaborations among leading EU countries, Arab states, and Mediterranean basin countries, forging new connections around the topics of innovation and economic cooperation.
Creating Economic Development and Social change – Erel’s initiatives are driven by his visionary economic leadership. He founded Margalit Start Up City Community (previously known as Israel Initiative 2020). Margalit Start Up City Community created a plan to build 7 regions of excellence throughout Israel that combine technology and education, creating tens of thousands of high-quality jobs in a wide variety of outstanding companies, and diverse communities of entrepreneurs, women and youth. The Margalit Start Up City Community model holds The AI Center in Jerusalem, the Cyber Center in Beer Sheva, the FinTech Center in Tel Aviv, the ClimaTech Center in the Galilee and the Digital Health Center in Haifa.
Margalit StartUp City Community – “BaKehila” – Erel, along with his wife Debbie, founded Margalit Start Up City Bakehila, empowering the next generation of entrepreneurs, young people who thirst for opportunities. This social impact program is a nationally renowned educational non-profit that raises academic achievements and promotes personal and social growth among elementary and high school students throughout Israel. More than 55,000 students nationwide have graduated from Margalit Start Up City Community programs. All Margalit Start Up City locations combine technology and education for under-privileged youth, encouraging them to take part in an economic development story that transforms and redefines their region, uproots poverty, instils a sense of community, and ignites opportunity around innovation.
Erel holds a Doctor of Philosophy from Columbia University for his thesis “Entrepreneurs of History: The Outstanding Leader in the Historical Enterprise,” and a BA in Philosophy & Logic and English literature from the Hebrew University of Jerusalem.