# Economic & Community Dev Department

> Economic & Community Dev Department is a VC fund backing SaaS, Software and Enterprise Software. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 1
- Last investment: Mar 2017
- Lead investor: 0%
- Last updated: Aug 2026

Economic & Community Dev Department is a VC fund focused on SaaS and Software. Economic & Community Dev Department

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 100% |
| Software | 1 | 100% |
| Enterprise Software | 1 | 100% |
| Knowledge Management | 1 | 100% |
| Innovation Management | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Qmarkets | As an established leader on the idea and innovation management landscape for over 10 years, Qmarkets has developed a reputation for delivering one of the most comprehensive crowdsourcing software solutions in the world. Recognized by leading analysts such as Gartner, Forrester, and Info-tech, the Qmarkets platform offers unmatched flexibility, andcan be readily configured to fit existing processes and cultures. Our list of leading global clients includes Nestle, Ford, Lufthansa, Ab InBev, Phillip Morris International, UniCredit, and many more.Qmarkets’ software offering extends beyond innovation management to include products focusing on process improvement, continuous improvement and operational excellence; open innovation with customers and business partners; technology scouting for enterprise M&A opportunities; and digital employee engagement. The unique modular approach which is used by Qmarkets allows organisations to quickly configure a process that adapts to the requirements of any group within the business, while easily maintaining centralised control and visibility through advanced self-admin functionality. With a feature-rich selection of powerful evaluation tools, a global network of partners, and a suite of products tailored to every corporate challenge or use-case, Qmarkets can help any organization to transform ideas into results. | $3.5M | Series A | Mar 31, 2017 |  |

1 of 1 investments shown.

## Co-investors
- [Club 100 Plus](https://shizune.co/investors/profile/club-100-plus) — VC Fund, 1 deal together
- [LETA Capital](https://shizune.co/investors/profile/leta-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Economic & Community Dev Department invest in?

Economic & Community Dev Department invests primarily in SaaS, Software and Enterprise Software startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in Israel. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Economic & Community Dev Department last invest?

The most recent investment recorded for Economic & Community Dev Department closed in Mar 2017. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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