TBD VC is a venture capital firm founded in 2025, headquartered in Tel Aviv, Israel, with a U.S. presence in New York. The firm backs Israeli deep tech founders at the pre-seed and seed stages, supporting them both locally and globally. TBD VC was created to address the early-stage funding gap in Israel’s startup ecosystem, aiming to be the first institutional check for founders building technically ambitious companies.
TBD VC invests primarily in pre-seed and seed-stage startups with a focus on deep tech and infrastructure. While sector-agnostic, the firm has a particular emphasis on enterprise AI, cloud infrastructure, cybersecurity, and software-enabled defense tech.
TBD is targeting around 20 portfolio companies from its debut fund and often leads rounds with checks of approximately $1 million.
TBD VC’s debut fund is a $35 million venture fund launched in April 2025. It is backed by institutional investors, family offices, and experienced tech entrepreneurs. This first fund is actively being deployed into early-stage deep tech startups founded by Israeli entrepreneurs.
The fund was created during a surge in Israeli tech momentum, with recent multi-billion dollar exits validating the region’s innovation potential. Despite being early-stage focused, the firm takes a global view and is already deploying capital.
Leadership
TBD VC is led by co-founders David Citron and Alan Buch.
David Citron, based in Tel Aviv, has over a decade of VC experience and previously led pre-seed investing in Israel for Rocket Internet. His past investments include CyberX (acquired by Microsoft), Flow Security (acquired by CrowdStrike), and Eon.io.
Alan Buch, based in New York, brings a background in global wealth management and alternative investments, having managed a $4B multi-family office with early-stage positions in companies like SpaceX, Spotify, and Hive AI.
Investment Strategy
TBD VC focuses on supporting deeply technical founders from day one. The firm is built around founder-first principles, aiming to be an execution partner rather than just a capital source.
TBD offers portfolio companies access to a global network of 45+ venture partners - operators from companies like GitHub, Netflix, Epic Games, and American Express - who help with product, hiring, and GTM strategy. They emphasize high conviction over hype cycles and aim to move fast in underserved early-stage markets.
Notable Investments
While investments from the first TBD fund have not yet been publicly disclosed, the founders' previous investment track records include companies such as CyberX (acquired by Microsoft), Flow Security (acquired by CrowdStrike), Upwind, PointFive, and Eon.io.
