Registry
Does Insightec support Israel?
Yes — Insightec has documented support for Israel on record. Every claim below links to its source.
Filed under: Pharma & healthcare companies · Tech companies · Companies that support Israel
Background
Insightec is an Israeli company in the plain sense — founded in Israel in 1999, headquartered and developed in Tirat Carmel, seeded by Elbit Medical Imaging and GE Healthcare — rather than a foreign firm that decided to back Israel. Its documented relationship with the country is medical and commercial: the Israeli Ministry of Health pays for its focused-ultrasound tremor treatment as part of the national health basket, its systems are installed at Rambam in Haifa and Sheba in Ramat Gan, and its newest platform was tested first with Israeli neurosurgeons before shipping abroad. This pass found no donation by Insightec to any Israeli charity, emergency fund, military body or government agency, and no corporate statement about the October 7, 2023 attack or the war that followed — a period in which the company was contracting rather than giving, cutting about 100 jobs in December 2023 and raising $150 million in June 2024 at a valuation well below its earlier peak. Because Insightec is privately held with no US foundation and no political committee, none of the usual American paper trails apply; its only SEC filings are Form D private-placement notices under CIK 0001376126, which disclose fundraising and nothing about giving. Nothing found in this pass supports either a strong 'yes' or a categorical 'no' beyond what is listed above: the company's contribution to Israel is the ordinary one of an Israeli employer and exporter.
Wikipedia — Insightec Calcalist (CTech) — Insightec raises $150 million six months after cutting 20% of staff PR Newswire — Israel Ministry of Health includes INSIGHTEC's focused ultrasound treatment as a covered health service
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 1999 | — | State of Israel (Tirat Carmel headquarters, R&D and engineering employment) Insightec was founded in 1999 by Kobi Vortman and Oded Tamir with seed money from Elbit Medical Imaging and GE Healthcare, and its headquarters and main development site have stayed in Tirat Carmel, near Haifa, ever since; its overseas offices in Dallas, Miami, Tokyo and Shanghai are sales and clinical operations built around that Israeli base. The company develops and manufactures the Exablate and Exablate Neuro platforms, which use MRI-guided focused ultrasound to destroy tissue deep inside the body without an incision, and it is consistently described in the Israeli and international press as an Israeli medical-device company. Globes reported 230 employees in Israel in June 2024, after a December 2023 cut of about 100 jobs — roughly 20% of the workforce — and revenue of $87 million in 2023. Attribution note: this is the company's own footprint in Israel, not a donation to any Israeli body. | |
| Partnership | 2018-02-20 | — | Israeli Ministry of Health; Rambam Health Care Campus, Haifa; Sheba Medical Center, Ramat Gan The Israeli Ministry of Health added Insightec's MRI-guided focused ultrasound treatment for medication-refractory essential tremor to the state health basket of covered services, making the treatment publicly funded for Israeli patients; at the time it was delivered in Israel at the Rambam Health Care Campus in Haifa and the Sheba Medical Center in Ramat Gan. Insightec has continued to develop its products with Israeli hospitals: the company states that its next-generation Exablate Prime system "was tested first in Rambam Hospital in Haifa, Israel," where working neurosurgeons supplied the improvements later shipped worldwide. Attribution note: this is a commercial and clinical relationship between an Israeli company and the Israeli public health system — the state pays for the treatment — not a donation by Insightec to the state or to any Israeli institution. | |
| Investment / program | 2024-06-18 | $150,000,000 | Insightec (Tirat Carmel, Israel) — capital raised from Fidelity Management & Research Company, Nexus NeuroTech Ventures and Ally Bridge Group Insightec announced a $150 million equity financing led by Fidelity Management & Research Company with Nexus NeuroTech Ventures and Ally Bridge Group as co-leads, six months after cutting about a fifth of its staff and while Israel was at war. Calcalist reported the round valued the Israeli company at $375 million, down from a $1 billion valuation and from a failed SPAC merger that had been priced at $1.9 billion, and that the Koch family, which holds roughly 40% of the company, did not take part. CEO Maurice R. Ferré said the financing "provides Insightec with runway to expand incisionless neurosurgery to the many patients suffering from movement disorders." Attribution note: this is foreign capital flowing into an Israeli company during the war — money received, not money given — and none of it is a donation by Insightec. |
Frequently asked questions
Did Insightec donate money to Israel or Israeli causes?
We have no records of cash donations, but Insightec has documented support of other kinds (Operations in Israel, Partnership, Investment / program). See the records on this page.
Where does this information come from?
Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 8 distinct sources are cited for Insightec. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-07-30
- Wikipedia — Insightec en.wikipedia.org
- Calcalist (CTech) — Insightec raises $150 million six months after cutting 20% of staff calcalistech.com
- Insightec — corporate site insightec.com
- PR Newswire — Israel Ministry of Health includes INSIGHTEC's focused ultrasound treatment as a covered health service prnewswire.com
- Insightec — Israel Ministry of Health includes MRgFUS for medication-refractory essential tremor insightec.com
- Insightec — Exablate Prime availability in Europe (tested first at Rambam, Haifa) insightec.com
- PR Newswire — Insightec announces $150M financing to fund continued growth prnewswire.com
- Insightec — Insightec announces $150M financing to fund continued growth insightec.com