An Angel In New York: Avi Fogel



Poland-born Avi Fogel is a very active member in two angel investment groups: New York Angels, the largest angel group in New York, where he runs the education program, and Launchpad Venture Group of Boston. Fogel is a Venture and Equity Investor in private and public technology companies, with a special interest in advisory work and board positions with technology startups.   He has over 20 years of experience in business development; is a four-time former CEO and has seen six exits in four startups:  Lannet, CommHome, Network-1, and ProActivity.

Currently, Fogel is the principal and owner of Majorlee Investment Corporation and Dream Networks, LLC.  He is also the Chairman and CEO at ProActivity, Inc. (acquired by EMC Corp in 2006). He’s also a board member at the Israel Venture Network (IVN), a social venture / philanthropy organization, a board member at Localytics – a leading mobile app analytics company and a board member at CourseHorse – a NYC based SaaS provider of adult class listing, registration and fulfilment.

Fogel started his career as an officer in the Israeli Defense Forces smart weapons development program, where, after eight years, he left as a major. He holds an MBA, Summa Cum Laude, in Entrepreneurship and Finance from the Franklin W. Olin Graduate School of Business at Babson College and a B.Sc.EE in Computer Science and Engineering from Technion, the Israeli Institute of Technology.

VC Firms:

Principal and Owner at Majorlee Investment Corporation (founded 2009)
Principal and Owner at Dream Networks, LLC (founded 1993)

Sector Focus:

Consumer Internet, Digital Media, Health Care Information Technology, Infrastructure, Internet, Internet Infrastructure, Internet TV, Mobile, Mobile Advertising, Mobile Infrastructure, Online Video Advertising, Social Media, Social Media Platforms, Video, Video Streaming

Selected Investments:

CommHome Systems
Network-1 Security Solutions
Breezecom (Alvarion)

Experitise Areas:

Business Development, Business Model Innovation, Business Strategy, Exit Planning, Mergers and Acquisitions, Sales Development, Sales Operations, Sales Strategy and Management, Web Marketing


Israel Venture Network

Blogs, Twitter & Websites:


Memorable Quotes:

About his experiences in business development: “I have probably seen some version of most challenges entrepreneurs face – and learned by failing and succeeding (a bit more).  I bring this experience and a pattern recognition capability to my assistance – board roles, M&A process pursuits, sales & marketing strategy.

About EMC Corporation acquiring ProActivity Software Solutions Ltd in 2006:  “This marks an exciting moment in our company’s history. Integration into EMC signals an accelerated path to market for our best-in-class business process lifecycle solution. EMC’s substantial market presence will make ProActivity software a major force in the hot and growing BPM market. EMC is a perfect fit due to our clear functional and architectural technology alignment, and our common culture based on customer-driven innovation.”

About the author: Edna Gutierrez

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