JVP's Four Q1 Exits Signal Surging Market for AI and Cybersecurity

JERUSALEM – May 26, 2026 – International venture capital firm JVP has announced a landmark first quarter for 2026, successfully executing four strategic portfolio company exits valued collectively in the hundreds of millions of dollars. The series of acquisitions and mergers, spanning the high-demand sectors of vertical AI and cybersecurity, underscores the firm's long-term, thematic investment strategy and serves as a powerful barometer for the current tech M&A landscape, where large enterprises are aggressively acquiring specialized AI capabilities.

The deals—involving DealHub, Pyramid Analytics, Medmo, and 1touch.io—validate JVP's model of incubating and scaling companies from its innovation hubs in Israel and New York into global category leaders. For market observers, these transactions highlight a clear trend: the corporate world's insatiable appetite for AI that is not just theoretical but operational, secure, and vertically integrated.

The AI Integration Imperative

Two of the quarter's most significant deals involved major technology players acquiring JVP-backed companies to embed sophisticated AI directly into their core platforms. ServiceNow, a leader in digital workflow automation, announced its acquisition of Pyramid Analytics, an Israeli-founded, AI-driven decision intelligence platform. The deal, which closed in March, will integrate Pyramid’s technology into the ServiceNow Platform, aiming to accelerate data-driven automation for enterprise clients across IT, HR, and supply chain management.

Pyramid's platform allows users to query vast datasets using natural language, providing immediate, actionable insights without deep technical expertise. By acquiring this capability, ServiceNow is moving beyond traditional business intelligence dashboards toward a future of autonomous enterprise intelligence, where AI agents can not only analyze data but also trigger workflows and execute tasks. JVP, which led Pyramid's funding round in 2020, was instrumental in guiding the company's international expansion, positioning it as an attractive target for a global leader like ServiceNow.

In a parallel move highlighting the convergence of data management and security, Everpure (the newly rebranded Pure Storage) acquired 1touch.io. Founded and incubated within JVP's Cyber Labs in Be'er Sheva, 1touch.io specializes in enterprise data intelligence at the source. Its technology provides the critical foundation for making enterprise data "AI-ready" by discovering, classifying, and contextualizing information across complex environments, from cloud SaaS applications to legacy mainframes.

Everpure's acquisition, completed in early May, is a strategic play to address a primary barrier to enterprise AI adoption: security and governance. By integrating 1touch.io's capabilities, Everpure can offer its customers a platform that enables the safe deployment of generative and agentic AI initiatives. The deal validates JVP's early conviction in the critical link between data, privacy, and AI, demonstrating the market's urgent need for AI-native security infrastructure.

Building Vertical Leaders from Sales to Healthcare

Beyond broad platform plays, JVP's Q1 success also showcases the immense value being created in vertical AI—specialized intelligence tailored to specific industries. The firm announced its exit from its position in DealHub, an AI-powered revenue automation platform, delivering a remarkable return of more than six times its invested capital. JVP was an early backer, helping launch the company from its Margalit Startup City hub in Jerusalem.

DealHub's platform streamlines increasingly complex enterprise sales cycles by consolidating quoting, contract management, and billing into a unified, intelligent system. Its recent focus on an "Agentic Revenue Hub" has resonated strongly in a market where companies are grappling with diverse and complicated monetization models. While not a direct acquisition of the entire company, JVP's lucrative exit was facilitated by a major growth investment round, signaling a soaring valuation and intense investor interest in the burgeoning Revenue Operations (RevOps) category.

In the healthcare sector, JVP marked another major milestone with the merger of its portfolio company Medmo and Covera Health, which is backed by Insight Partners. Medmo, a New York-based company launched out of Columbia University in partnership with JVP's scale-up hub, developed a platform to streamline diagnostic imaging scheduling and coordination. Covera Health, meanwhile, uses an AI-driven platform to measure and ensure diagnostic quality at imaging centers.

The merger creates a powerful, end-to-end platform that manages the entire diagnostic imaging journey for patients. It addresses critical industry pain points by ensuring patients are routed to high-quality facilities (Covera's expertise) and that they successfully complete their appointments with seamless coordination (Medmo's strength). The combined entity is poised to improve patient outcomes and reduce downstream costs, demonstrating a clear case for vertical AI's impact in a highly regulated field.

The JVP Blueprint for Global Growth

These four exits are not isolated successes but rather the product of a deliberate and time-tested strategy. JVP has spent over three decades refining its model, which combines thematic investing in future-defining sectors with a hands-on, ecosystem-building approach. The firm's "Triangle Method"—connecting innovation hubs and markets across Israel, the United States, and Europe—provides its portfolio companies with a unique pathway to international scale.

The origins of 1touch.io in the Be'er Sheva cybersecurity hub and Medmo's launch from the New York university ecosystem are textbook examples of this model in action. By identifying talent and technology in regional centers of excellence and providing the capital and global network needed for growth, JVP consistently transforms early-stage startups into attractive targets for major M&A transactions and IPOs.

Erel Margalit, JVP's Founder and Executive Chairman, framed the quarter's performance as a reflection of deep market shifts. "These deals reflect more than a strong financial performance," Margalit stated. "They demonstrate the need of some of the largest international technology leaders to bring AI to operational levels of managing the enterprise, to bring the data sources within the enterprise to a level which the AI application can work on, and to bring vertical AI into the different categories of business."

This performance builds on JVP's storied history, which includes landmark exits like the multi-billion dollar sales of CyberArk and Qlik. The firm's ability to consistently identify market needs ahead of the curve and build companies to meet them has cemented its reputation as a premier company-builder. As global demand for resilient cybersecurity and practical AI solutions continues to accelerate, JVP's recent successes suggest its portfolio remains a fertile ground for the next wave of transformative technology leaders.