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Ourcrowd company video investing in the best of israeli startups
OurCrowd is an equity crowdfunding platform built for accredited investors to provide venture capital funding for early-stage startups. Based in Jerusalem, the company launched in February 2013, with overseas branches in the United States, Canada, Australia, Singapore and Taiwan.
Contents
- Ourcrowd company video investing in the best of israeli startups
- The lifecycle of an ourcrowd investment following a company from due diligence to investment
- History
- References
Unlike crowdfunding platforms such as Kickstarter and Indiegogo which crowdfund donations to projects typically in return for some type of reward or gift, OurCrowd uses equity crowdfunding as its model. In equity crowdfunding, investments into a company's shares are pooled together from the crowd. Although recent regulatory changes make crowdfunding available to all investors, at this point, OurCrowd is only available to accredited investors. OurCrowd requires its Israeli portfolio companies to donate a portion of their equity to charity as part of the closing of any funding round.
The lifecycle of an ourcrowd investment following a company from due diligence to investment
History
OurCrowd launched in February 2013 in Jerusalem, by venture capitalist and angel investor Jonathan Medved. Medved began pursuing the idea of an online equity crowdfunding platform in 2012.
In November 2013, OurCrowd partnered with GE Ventures, the venture capital branch of General Electric, allowing GE to invest alongside OurCrowd in the equity crowdfunder's investments.
On December 9-10, 2014, OurCrowd’s Global Investor Summit hosted 600 attendees, including investors and company executives from 17 countries.
In February 2015, OurCrowd led a $19.5 million Series E funding round for Borro, the UK-NY based asset-backed online lender, which was said to be the largest equity crowdfunding round in history at the time.
In January 2016, OurCrowd brought together 3,000 investors and entrepreneurs for an annual summit in Jerusalem.
On January 21, 2016, Honda announced it had engaged OurCrowd to access portfolio companies and facilitate introductions to notable innovators and entrepreneurs.
On February 16, 2017, the OurCrowd Global Investor Summit in Jerusalem had 6000 registered guests from 82 countries, as well as over 200 multinational companies. It was described in press coverage as the world’s largest equity crowdfunding event and the biggest investment event in Israel’s history.
Innogy SE, a European energy company, announced on February 28, 2017 it was forming a business partnership with OurCrowd to “scout investment opportunities in Israeli startups and match the business objectives of Innogy to provide innovate products and services beyond the energy market.
OurCrowd First, a specialized $10 million global early stage fund focusing on seed and Pre-A startups, was launch in June 2015.
Radicle, an accelerator fund dedicated to growing early stage agricultural technology startups, was launched in June 2016.
OurCrowd Continuity Fund, which provides investors access to OurCrowd portfolio companies with “exponential momentum,” was launched in February 2016.
Our Innovation Fund, which invests in the Australian innovation ecosystem, was launched in July 2016.
Qure, a fund focusing on seed and Series A rounds investing in digital health startups, was announced in November 2016, which was reported to be Israel’s first exclusive digital health fund.
OurCrowd Portfolio Index Fund, an ultra-diversified 50-company portfolio, was launched in December 2016.