Early-stage investors YL Ventures have raised a $75 million fund, their third, to back Israeli software startups seeking to enter the U.S. market. The firm maintains offices in Tel Aviv and Mill Valley, Calif. It is best-known for its use of predictive analytics to find promising entrepreneurial teams before they have officially launched a business.
YLV founder and Managing Partner Yoav Andrew Leitersdorf said his firm’s proprietary software generates several hundred alerts each month about companies being formed. Partners reach out to about 30 to 40 of these teams to learn what they are doing. “Some are gems, many are not relevant,” the investor said. “Using…