Itamar Novick

Itamar Novick is the Founder and Solo Capitalist at Recursive Ventures, a venture capital firm based in San Francisco that focuses on investing in pre-seed and seed stage technology startups. His firm specializes in industries disrupted by data and artificial intelligence, with a particular emphasis on fintech and emerging technologies.12

Professional Background

Itamar has a diverse background in the startup ecosystem, having worked in various roles across the industry:

• Startup Founder and Executive: He served as the Chief Business Officer at Life360, a prominent mobile family network with over 80 million registered families. His leadership contributed to significant growth and strategic partnerships for the company.34
• Venture Capitalist: Itamar began his VC career with Morgenthaler Ventures and was also a partner at UpWest Labs, an Israeli accelerator located in Silicon Valley. His experience spans over 15 years, during which he has invested in more than 50 startups, including notable companies like Deel and Honeybook.23
• Product Management: Before his venture capital career, Itamar was the head of product at Gigya, which was acquired by SAP. He has held various product and engineering management roles throughout his career.3

Education

Itamar holds an MBA from Berkeley Haas and an undergraduate degree in Computer Science from Tel-Aviv Jaffa College. This educational background supports his expertise in both technology and business strategy.23

Investment Philosophy

Recursive Ventures operates as a solo capitalist firm, allowing Itamar to make swift investment decisions without the typical delays associated with larger VC firms. The firm typically invests between $300k to $500k initially, with the potential for total investments up to $1.5 million throughout a company's lifecycle.12 Itamar emphasizes a founder-friendly approach, prioritizing the needs of entrepreneurs and minimizing conflicts that can arise from multi-partner decision-making processes.1

Notable Achievements

• Recognized by Business Insider as one of the Top 100 global seed investors.
• Has played a significant role in helping startups raise substantial funding rounds, guiding many through their early-stage fundraising efforts.2

In summary, Itamar Novick is a seasoned venture capitalist with extensive experience in both operational roles within startups and investment roles within venture capital, making him a valuable resource for early-stage companies looking to scale.