Team8, based by Nadav Tzafrir, a former commander of IDF intelligence Unit 8200, builds and invests in expertise firms within the fields of cybersecurity, information, and fintech. The group additionally has an early-stage funding fund.

Azulay led the advertising and promoting technique of Bit at Hapoalim and likewise helped elevate the profile of Hapoalim Hello-Tech. Azulay beforehand served as CEO of GITAM BBDO, a strategic consulting agency in Israel.

Asaf Azulay. Photograph: Orel Cohen

Team8 has been bolstering its workforce over the previous couple of years with outstanding names from the tech and banking sectors, essentially the most notable of which was Rakefet Russak-Aminoach, the previous CEO of Financial institution Leumi. The group was additionally joined by Yuval Tal, a founding father of fintech firm Payoneer which went public final 12 months, and Ronen Assia, the co-founder of eToro, which is about to go public on Wall Avenue through a SPAC merger within the close to future.

Nadav Tzafrir, Founder and Managing Associate at Team8 stated: “In an effort to appeal to the perfect entrepreneurs within the trade, we now have to supply them with distinctive worth. To this finish, we’ve onboarded various extremely expert managing companions over the previous two years.”

“Team8 has an unconventional mannequin through which it brings collectively entrepreneurs to collaboratively develop concepts and construct firms with them,” famous Azulay. “It’s led by specialists in varied domains who need to change the world – I’m thrilled to affix them on this journey and really grateful for his or her belief.”