Two founders walk out of Unit 8200, one with a PhD at 23, the other with a yeshiva education and a baby in tow, and somehow that’s not even the punchline. It’s the origin story of Decart, the AI company that just pulled in a $100 million Series B at a $3.1 billion valuation without breaking a sweat or, apparently, dipping too deep into their last round. And before you ask, no, they didn’t need the money. They’ve only spent $10 million of the $153 million raised to date. The rest? Covered by revenue. Real, grown-up, check-clearing revenue.
Dr. Dean Leitersdorf (CEO) and Moshe Shalev (CPO) are the brains behind this machine. Leitersdorf’s a Technion prodigy with family roots in Israeli venture, and Shalev traded a Bnei Brak upbringing for product blueprints that are now fueling the most efficient AI infrastructure we’ve seen in years. Together, they’re not just building models, they’re breaking latency barriers and cost ceilings with a level of calm that’s almost rude.
Let’s talk product: Oasis, a playable AI-generated video game built without traditional code. Not a demo. Not a concept. A real-time, frame-by-frame predictive engine that went from zero to 1 million users in 72 hours and hit 5 million within a week. Then there’s Mirage, the company’s video-to-video transformation model that can stream 20 frames per second with sub-100 millisecond latency, while your competitors are still generating PowerPoint animations at 1 frame every 10 seconds.
This isn’t synthetic hype, it’s architecture. Decart’s GPU optimization tech is already pulling “tens of millions” in enterprise revenue. It cuts inference costs from $100 to 25 cents per hour, and runs on custom-tuned code optimized for NVIDIA’s H100s. Think of it as a systems-level cheat code, now embedded across the stacks of cloud providers, gaming companies, and ad tech players who like their margins fat and their latency low.
And the investors? Sequoia Capital, Benchmark, and Zeev Ventures were early believers. Now Aleph VC joins the cap table with the kind of conviction that doesn’t wait for Q4 results. This round wasn’t about lifelines, it was about leverage.
With HQ in Tel Aviv and offices in Haifa, New York, and San Francisco, Decart is positioning itself to dominate the real-time generative AI market before most folks realize the old models are obsolete. Their tech doesn’t just scale, it performs live. And live is where the future’s going.
