Israel’s largest law firm, Goldfarb Gross Seligman & Co., is the latest service provider to join Monaco Foundry’s ecosystem of high-potential start-ups, investors, industry experts and service providers. As Goldfarb Gross Seligman & Co.’s preferred partner for start-ups in Israel, Monaco Foundry will onboard the new companies, guiding them through its data-driven accreditation and scoring system.
Over 1400 Israeli start-ups from fintech, cyber, smart cities, but also the life science sector (MedTech, digital health, biotech) will go through due diligence, receive an accurate company valuation, and a free company brief summarising their business. The start-ups will be able to create a data room, and benefit from an overview of their marketing strategy and competitor analysis.
This accreditation process will afford easier access to funding for start-ups in the Goldfarb Gross Seligman & Co. portfolio. They will be able to grow their business faster through exposure to tens of thousands of investors worldwide from family offices, HNWI, private equity, VCs, angels, and private banks, who in turn can invest with confidence thanks to the Monaco Foundry’s transparent trust score given to each company.
Monaco Foundry’s business dashboard will enable Goldfarb Gross Seligman & Co. to manage and monitor all the start-ups in its portfolio through a single interface that provides continuous real-time company assessments. Goldfarb Gross Seligman & Co. will also be able to offer its legal and business development expertise to all the start-ups in the Monaco Foundry ecosystem.
Fabrice Marquet, co-founder of Monaco Foundry, said: “It is a win-win situation for Monaco Foundry, for Goldfarb Gross Seligman & Co., the start-ups the firm accompanies, but also for investors who will be able to have access to accredited start-ups and make investment decisions faster. We are the only company in the world that has developed an automatised accreditation and compliance monitoring process for start-ups. The partnership demonstrates how legal firms or any other service providers with deal-flow can benefit from the Monaco Foundry ecosystem.”
Dr. Ayal Shenhav, Co-Head of Goldfarb Gross Seligman & Co.’s Hi-Tech and Venture Capital Practice and a member of the firm’s Executive Committee, said: “Our partners laid out the foundations for Israel’s “start-up nation” and now we bring Monaco Foundry to Israel as we are aligned in our vision to help start-ups succeed and bring more innovation to the world. We are confident that Monaco Foundry’s accreditation and scoring will raise the success rate of the companies we accompany.”
About Monaco Foundry: Created by a team of serial entrepreneurs, former senior government advisers and industry experts from all over the world, Monaco Foundry is forming the largest ecosystem of accredited start-ups, investors, industry experts and service providers. Monaco Foundry’s mission is to support entrepreneurship and accelerate innovation. By forging trust between founders and investors through its proprietary accreditation, scoring and monitoring process, Monaco Foundry can ensure start-ups are funded faster and succeed.
About Goldfarb Gross Seligman & Co.: Goldfarb Gross Seligman & Co., Israel’s largest law firm, is among the elite group of firms that deliver top-tier legal services at international standards. Tracing our history back over 90 years, we offer clients extensive experience in various fields of law.
The firm’s Hi-Tech and Venture Capital practice is one of Israel’s largest and most prestigious. The team provides services to early-stage start-ups, from the initial concept through attractive mentoring programmes in the early stages and on to the exit stage. Goldfarb Gross Seligman & Co. legal support includes providing their clients with an array of legal and business development services to showcase the companies to leading investors.
For additional information please contact Dr. Ayal Shenhav, Co-Head of Hi-Tech and Venture Capital Practice ayal@gkh-law.com or Partner Etai Shay etai@gkh-law.com
Goldfarb Gross Seligman & Co. Law Firm is one of the leading law firms in Israel, with over 520 attorneys. Goldfarb Gross Seligman & Co. specializes, both in Israel and abroad, in various fields of law including Mergers and Acquisitions, Capital Markets, Hi-Tech and Venture Capital, Healthcare and Life Science, Banking, Real Estate, Litigation, Antitrust, Energy & Project Financing, Administrative Law, Tenders and Municipal Government, Infrastructure, Environmental Law, Sustainability–ESG and Cleantech, Intellectual Property, Labor Law and Tax.
This alert is prepared as an informational service to clients and colleagues of Goldfarb Gross Seligman & Co. and the information presented is not intended to provide legal opinions or advice. Readers should seek professional legal advice regarding the matters about which they are particularly concerned.
