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OurCrowd Raises $650M for 145 Startups, 12 Funds
On Track to Top $1B during 2018
OC 5 YR Numbers Infographic Here
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Jerusalem, Jan. 31, 2018 – OurCrowd, has raised $650M for 145 startup companies and 12 funds since inception five years ago in 2013. The equity crowdfunding platform will make the announcement at its Global Investor Summit in Jerusalem on Feb 1st, where 10,000 attendees have registered from over 90 countries. OurCrowd projects that during 2018, it will surpass over $1B in assets under management, raised via equity crowdfunding from accredited investors.
During 2017, OurCrowd’s investor base grew to encompass over 25,000 registered investors from 112 countries. OurCrowd opened three new offices in London, Hong Kong and Madrid, bringing the total to 10 offices worldwide. Geographically, the company’s primary investor base remains the United States (49%), followed by Asia (26%). The average number of investments made by individuals was 6.5, with an average portfolio size of $250,000.
Jon Medved, CEO of OurCrowd, said: “Five years ago, getting to $1B in equity crowdfunded assets was but a dream. Now we are focused on how to reinvent ourselves yet again, to innovate new ways that we can democratize and expand access to investments in startups and venture funds.”
OurCrowd’s total number of company investments has now hit 145, after having vetted 8,500 deals to date. The 2017 notable investments include: AgTech: Taranis, precision agriculture intelligence; In MedTech: Dreamed, artificial pancreas; Scopio, reinventing the microscope, BrainQ, AI for treating neuro-disorders; Drones: Edgybees, augmented reality at high speed; Airobotics, autonomous drones for industry, Mobility: Innoviz, solid state LiDAR sensors and Arbe Robotics, advanced vehicular radar system.
In 2017, OurCrowd portfolio exits reached 18, with Argus Cyber Security (acquired by Continental AG), StackIQ (acquired by TerraData) and NanoRep (acquired by LogMeIn) being among the companies in this category.
OurCrowd has now launched on the platform 12 different venture funds, enabling the crowd to invest in this previously inaccessible asset class. These funds include the recently launched $100M AI focused Cognitiv, digital health fund, Qure, the European-focused Oxx Fund, and Maniv Mobility.
About OurCrowd
OurCrowd is the leading global equity crowdfunding platform for accredited investors. Managed by a team of seasoned investment professionals and led by serial entrepreneur Jon Medved, OurCrowd vets and selects opportunities, invests its own capital, and brings companies to its accredited membership of global investors. OurCrowd provides post-investment support to its portfolio companies, assigns industry experts as mentors, and takes board seats. A full time global staff of 140 people and 10 offices Israel, London, Hong Kong, Spain and elsewhere support the OurCrowd community, which consists of almost 25,000 accredited investors from over 112 countries. OurCrowd has raised over $650M and invested in 145 portfolio companies and 12 funds. To join OurCrowd as an accredited investor visit www.ourcrowd.com and click “Join.”
The 2018 OurCrowd Global Investor Summit, Feb. 1, 2018, in Jerusalem, Israel, is the largest equity crowdfunding event in the world, and the largest investor event in the entire Middle East. The event will bring together Corporate partners like GE, Honda, DuPont, Samsung, and more, along with entrepreneurs, global delegations from over 90 countries, industry leaders and members of the press from all over the world. 10,000 have registered to attend. Learn more at summit.ourcrowd.com
For Press Materials: https://blog.ourcrowd.net/fiveyears
Press contact: Leah Stern, OurCrowd, Dir. Of Communications / Europe: +44 747 0196826 / US: +1 703 626 4310 / Israel: +972 54 3414861 /E: leah@ourcrowd.com / Judith Arkush, Silicon Valley Communications, judith@siliconvpr.com / +1 415 937 1724