The short answer
The seven largest software and IT companies headquartered in Israel, ranked by reported number of employees, are Check Point Software Technologies, Wix.com, CyberArk, Playtika, monday.com, Fiverr and Formula Systems. Check Point Software Technologies is the largest, with about 6,825 employees (2025). We could verify seven companies meeting our criteria, so this list is shorter than ten rather than padded with unverified names.
The seven companies at a glance
| # | Company | Headquarters | Founded | Employees |
|---|---|---|---|---|
| 1 | Check Point Software Technologies | Tel Aviv | 1993 | 6,825 (2025) |
| 2 | Wix.com | Tel Aviv | 2006 | 5,283 (2024) |
| 3 | CyberArk | Petah Tikva | 1999 | 3,793 (2024) |
| 4 | Playtika | Herzliya | 2010 | 3,500 (2024) |
| 5 | monday.com | Tel Aviv | 2012 | 3,155 (2025) |
| 6 | Fiverr | Tel Aviv | 2010 | 787 (2021) |
| 7 | Formula Systems | Or Yehuda | 1985 | Not stated |
Ranked by the most recent employee count stated on each company’s Wikipedia article or official website, checked 24 October 2026. Years in brackets show when that figure applies; companies without a stated figure are listed last.
The companies in detail
1Check Point Software Technologies
Tel AvivA cybersecurity company providing firewall, cloud and threat prevention software to more than 100,000 organisations in over 60 countries.
- Headquarters
- Tel Aviv
- Founded
- 1993
- Employees
- 6,825 (2025)
- Ownership
- Public company (Nasdaq: CHKP)
2Wix.com
Tel AvivA cloud website-building platform with drag-and-drop tools plus e-commerce, marketing and booking add-ons, used by more than 260 million people.
- Headquarters
- Tel Aviv
- Founded
- 2006
- Employees
- 5,283 (2024)
- Ownership
- Public company (Nasdaq: WIX)
3CyberArk
Petah TikvaMakes identity security software that protects privileged accounts and access, used widely in financial services, energy, healthcare and government.
- Headquarters
- Petah Tikva
- Founded
- 1999
- Employees
- 3,793 (2024)
- Ownership
- Subsidiary of Palo Alto Networks
4Playtika
HerzliyaDevelops and publishes mobile games, including social casino and casual puzzle titles.
- Headquarters
- Herzliya
- Founded
- 2010
- Employees
- 3,500 (2024)
- Ownership
- Public company (Nasdaq: PLTK)
5monday.com
Tel AvivDevelops work management software, with no-code tools that let teams build their own workflows, CRM and project boards.
- Headquarters
- Tel Aviv
- Founded
- 2012
- Employees
- 3,155 (2025)
- Ownership
- Public company (Nasdaq: MNDY)
6Fiverr
Tel AvivRuns an online marketplace where freelancers sell digital services to individuals and businesses.
- Headquarters
- Tel Aviv
- Founded
- 2010
- Employees
- 787 (2021)
- Ownership
- Public company (NYSE: FVRR)
7Formula Systems
Or YehudaA holding company whose subsidiaries, including Matrix IT and Sapiens historically, make up one of Israel’s largest IT services groups.
- Headquarters
- Or Yehuda
- Founded
- 1985
- Employees
- Not stated
- Ownership
- Public company (Nasdaq: FORTY), controlled by Asseco Poland
Also worth knowing
These companies did not make the ranking, for the reason given, but are often mentioned alongside it.
- Amdocs: Founded in Israel in 1982 and a major employer there (29,058 staff worldwide in 2024); headquartered in Chesterfield, Missouri.
- NiCE: Customer experience and AI software company founded in Israel in 1986; now described as US-based.
- Sapiens: Insurance software maker with Israeli roots and about 5,000 employees; now headquartered in London and owned by Advent International.
What this list tells us about Israel’s software industry
- Tel Aviv is the main hub. 4 of the seven companies on this list are headquartered there, with others in Petah Tikva, Herzliya, Or Yehuda.
- A long track record. The oldest company here, Formula Systems, was founded in 1985; the youngest, monday.com, in 2012.
- Founding wave. More companies on this list were founded in the 2010s (3) than in any other decade.
- Ownership mix. 6 of the seven are publicly listed and 1 are subsidiaries of, or majority-owned by, other groups; the rest are independent private companies, cooperatives or state-linked organisations.
Israel at a glance
- Capital
- Jerusalem (limited international recognition); economic centre: Tel Aviv
- Official languages
- Hebrew (Arabic has special status)
- Currency
- New shekel (ILS)
- Population
- 10.1 million (2026 est.)
- GDP per capita (nominal)
- $69,804 (2026 est.)
Economy. A high-income, technology-led economy.
Technology. Israel is one of the world’s most technologically advanced countries.
Country figures from Wikipedia’s article on Israel, checked 24 October 2026. Estimates are rounded and dated as stated there.
Working with software companies in Israel
- Time zone. Israel uses UTC+02:00 in winter and UTC+03:00 in summer (daylight saving time). Agree overlap hours in writing before a project starts.
- Data protection. Check which data protection law applies to any personal data you share, and put the obligations into your contract.
- Due diligence. Large companies on this list mostly sell their own products or enterprise services. If you need a development partner for a specific project, ask for case studies, interview the engineers and start with a short paid trial. Our guide on how to choose an IT staff augmentation company includes a free vendor scorecard.
- Budget. Typical 2026 hourly rates by region are in our IT staff augmentation cost and rates guide.
How we built this list
- Candidates. We started from Wikipedia’s list of companies of Israel, the country’s best-known technology firms and companies regularly named in the local and international business press.
- Scope. We kept companies whose main business is software, IT services or a software-based platform, and that are headquartered in Israel. Telecom operators, banks and hardware makers were left out, as were local offices of foreign groups. Companies founded in Israel but now headquartered abroad are listed separately when relevant.
- Verification. For every company we checked headquarters, founding year, ownership, size and whether it is still active against its Wikipedia article or, where none exists, its own official website, on 24 October 2026. Each entry links to the page we checked.
- Ranking. Companies are ranked by their most recently stated number of employees, the most comparable size measure available for public and private firms alike.
- No payments. No company paid or was asked to appear. iCreativez Technologies is itself a software and IT services company, so we do not include or rank ourselves on country lists.
Employee figures come from different years, are sometimes self-reported on company websites and sometimes count a whole group rather than one company, so treat the ranking as a guide to scale rather than an exact league table.
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Software companies in nearby countries
Frequently asked questions
What is the largest software company in Israel?
By reported number of employees, Check Point Software Technologies is the largest software and IT company headquartered in Israel, with about 6,825 employees (2025). It a cybersecurity company providing firewall, cloud and threat prevention software to more than 100,000 organisations in over 60 countries.
Which city is the main software hub in Israel?
Among the companies on this list, Tel Aviv is home to the most: 4 of the seven are headquartered there.
What is the oldest software company in Israel on this list?
Formula Systems, founded in 1985 and headquartered in Or Yehuda.
How did you choose the software companies in Israel?
We considered the best-known companies headquartered in Israel whose main business is software or IT services. We verified each one against its Wikipedia article or official website and ranked them by reported number of employees. No company paid to be included.
Why are there fewer than 10 companies for Israel?
We only list companies we could verify. Rather than pad the list with names we cannot confirm, we show seven verified companies and suggest nearby markets.
What is the economy of Israel based on?
A high-income, technology-led economy. Israel is one of the world’s most technologically advanced countries.
What languages and currency are used for business in Israel?
The official language is Hebrew (Arabic has special status), and the currency is the New shekel (ILS).
Can I hire software developers to work with a team in Israel?
Yes. Many businesses combine local partners with remote developers. iCreativez Technologies provides dedicated developers and offshore teams that can work your hours; see our dedicated developers page or contact us.
Sources
All company details were checked on 24 October 2026 against these pages:
- Wikipedia: List of companies of Israel
- Check Point Software Technologies: en.wikipedia.org/wiki/Check_Point
- Wix.com: en.wikipedia.org/wiki/Wix.com
- CyberArk: en.wikipedia.org/wiki/CyberArk
- Playtika: en.wikipedia.org/wiki/Playtika
- monday.com: en.wikipedia.org/wiki/Monday.com
- Fiverr: en.wikipedia.org/wiki/Fiverr
- Formula Systems: en.wikipedia.org/wiki/Formula_Systems
- Wikipedia: Israel (country profile)
If you represent a company on this page and a detail has changed, contact us and we will review it. Related guides: top IT staff augmentation companies 2026 · staff augmentation vs outsourcing vs managed services.