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Qodo’s Revenue Jumps Tenfold After Qumra List Spotlights Firm

Qodo attributes a ten‑fold revenue surge and a $70 million Series B to its spot on Qumra Capital's 2025 growth companies list.

Elena Voss/3 min/NG

Business & Markets Editor

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Qodo’s Revenue Jumps Tenfold After Qumra List Spotlights Firm
Source: CalcalistechOriginal source

*TL;DR: Inclusion on Qumra Capital’s 2025 “Tomorrow’s Growth Companies” list propelled Qodo to a ten‑fold revenue increase, doubled its staff and secured a $70 million Series B led by Qumra.

Context Qumra Capital unveiled its 2026 roster of 11 high‑growth Israeli startups at a New York conference. The annual list, compiled over six months, spotlights firms with solid fundamentals and market‑ready products, often becoming a catalyst for funding.

Key Facts Qodo’s CEO Itamar Friedman said Qumra led the $70 million Series B round. After the 2025 list inclusion, Qodo’s revenue grew tenfold and its headcount rose from 50 to 120 employees. New customers such as Box and Red Hat joined the roster following the exposure. Friedman described the funding as “closing the circle” after the earlier recognition.

What It Means The Qumra list now functions as a de‑facto seal of credibility for Israeli tech firms, especially under the strain of regional conflict and global uncertainty. For Qodo, the endorsement translated into rapid scaling, a broader client base and a sizable growth capital injection. Other companies on the 2026 list—ranging from AI‑driven sales agents to autonomous workflow managers—are likely to seek similar trajectories.

Watch for the next wave of funding rounds as the 2026 cohort leverages the list’s reputation to attract investors and expand into U.S. markets.

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