Avodot LeHaredim

Avodot LeHaredim (meaning: employment for ultra-Orthodox) addresses the major challenges faced by Israel’s Haredi population trying to integrate into the labor market. The venture promotes job placement through social networks, i.e. Facebook & WhatsApp, and provides personal and available services for those job seekers, while taking into account the unique characteristics of Haredi society.

Joined IVN’s portfolio in 2014 within the framework of IVN’s partnership with Bank Mizrahi-Tefahot

STATUS: Mature

Avodot LaCharedim Website

Mentors

Reuven Reif

Reuven was a Senior Partner at Goldfarg, Levy, Eran & Co., one of Israel’s leading law firms, until his retirement at the end of 2007. Reuven remains Of Counsel to the firm.

Naftali (Tali) Idan

Former CFO at Ceragon, Tali currently serves as director at Lumenis and is involved in a number of social organizations. As a seasoned financial executive, having served as CFO in leading Israeli hi-tech companies, Tali brings with him years of invaluable experience.

Co-investors

IVN and Bank Mizrahi-Tefahot

Impact

Number Employed as the Result of the Venture

  • 2014 – 650
  • 2015 – 1,000

Income Generated as % of Total Income

  • 2014 (June – Dec.) – 40%
  • 2015 – 80%