A Better Option

A Better Option is the US-based arm of Tmura: The Israeli Public Service Venture Fund. Tmura – The Israeli Public Service Venture Fund is a non-profit org. that solicits donations of stock options from Israeli and Israel-related tech companies for the benefit of the community. When a ‘donor company’ has a successful exit, we donate the proceeds to education- and youth-related charities in Israel; each company can earmark its funds for the non-profit(s) of its choice. Tmura harnesses some of the value being generated by Israeli tech companies to help reduce gaps in Israeli society, while promoting a culture of giving in the tech and venture capital sectors. In the 21 years since Tmura’s founding, we’ve received equity donations from 847 Israeli companies (with more joining weekly). And, we've 'cashed in' more than NIS 100 million (approx. $30M) to date – from exits including Waze, Riskified, Outbrain, CyberArk, and many others – enabling us to support a broad variety of terrific and innovative Israeli non-profits.

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