Equity CrowdFunding OurCrowd gets 4M in Accredited Investors Summit

CrowdFunding Beat News Wire
OurCrowd announced that over $4 million has already been invested in the first day of its Global Investor Summit, which brought together almost 1,000 participants from 27 countries to Jerusalem.

 

KOB_1246

“Global equity crowdfunding reached a new level today, as the virtual world met face-to-face with some truly exciting companies,” said Jon Medved, founder and CEO of OurCrowd. “We are proud that $4 million was invested by accredited summit investors by the end of the first day.”  These investments join the $80 million that accredited investors have already invested through OurCrowd in 55 companies since launching in early 2013.

In the opening summit panel on “The Next Big Thing”, Rona Segev-Gal, General Partner at Pitango, congratulated OurCrowd on its success in becoming “the biggest venture capital investor in Israel” during the past year.

Jerusalem Mayor Nir Barkat addressed the summit by stating that he was “extremely pleased that OurCrowd chose to host its summit in Jerusalem because, through entrepreneurship, we’re strengthening ourselves and developing
and creating a better future for our kids. OurCrowd gives entrepreneurs the opportunity to stay in the City of Jerusalem and work globally.”

Brig. Gen. (Res.) Dr. Daniel Gold, the “father of Israel’s Iron Dome”, received a standing ovation to a packed audience after an exclusive briefing on the performance of the missile defense system he helped to create. He said, “OurCrowd, like Iron Dome, is based on innovative principles and technology management, and I look forward to collaborating with the OurCrowd team in the near future.

” Today, summit participants have fanned out across Israel in five different tours to view Israeli’s tech sector up close, meeting with leading public companies such as Google, Mobileye, Check Point and Evogene, as well as OurCrowd portfolio companies, BioCatch, eVigilo,
Covertix, MST, and BillGuard. But the summit was not all work and no play: the first day of the summit concluded with a gala cocktail party at Jerusalem’s First Train Station, sponsored by the Jerusalem Development Authority and JNext.

This party celebrated the rapid growth in Jerusalem’s entrepreneurial scene with over 100 new startups set up in Jerusalem in the last year alone. Noted Israeli singer/songwriter Meir Banai, backed by rocker Yehuda Katz, entertained the crowd with a selection of his classic hits as the summit participants partied into the night.

About OurCrowd

OurCrowd is the leading hybrid venture capital equity crowdfunding platform for accredited investors who wish to invest in Israeli and global early stage companies. Managed by a team of well-known investment professionals and led by serial entrepreneur Jon Medved, OurCrowd selects opportunities, invests its own capital and brings these startups to its accredited membership. Members choose those deals they invest in via OurCrowd-managed partnerships. OurCrowd investors must meet stringent accreditation criteria and invest a minimum of $10,000 per
deal. OurCrowd provides post investment support to its portfolio companies, assigning industry experts as mentors and taking board seats.

OurCrowd has raised over $80 million in equity crowdfunding for its 50 portfolio companies which include leading companies, such as: BillGuard, Consumer Physics (SCiO), BioCatch, Abe’s Market and ReWalk, OurCrowd’s is first portfolio company to complete a successful IPO on the NASDAQ.

For more information please contact Leah Stern at leah@ourcrowd.com

 

Tags: , , , , , , , ,

HEADLINE NEWS

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

NPRAfter Outcry, Crowdfunding Site Patreon Backs Off Plan To Raise ...NPRThe popular crowdfunding service Patreon has backed off plans to change its payment structure, after widespread, vocal and passionate opposition from creators and their fans. Last week, the site announced it woul [...]

TechCrunchHow hate speech crowdfunding outfit Hatreon crept back online ...TechCrunchIf you want to make a living creating white supremacist content, you're probably not going to do it via sites like Kickstarter and Patreon, which prohibit hate speech. Fortunately there's Ha [...]

CoinDeskKickstarter ICO? Don't Count On It Says Crowdfunding Leader ...CoinDeskThe company most widely associated with crowdfunding, Brooklyn-based Kickstarter, has no plans to get into the initial coin offering (ICO) business. Coming in response to the news yesterday that compet [...]

CryptoCoinsNewsCrowdfunding Giant Indiegogo Looks to Make ICOs Mainstream ...CryptoCoinsNewsOne of the world's most popular crowdfunding platforms is getting in on the ICO game. Josiah Wilmoth on 14/12/2017. ------------------Advertisement------------------. Advertisement · Reddi [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

Crowdfunding via Customers: Is This The New Startup Capital?Customer ThinkWith more and more companies in a variety of sectors developing new crowdfunding campaigns, it makes sense to ask whether crowdfunding is likely to replace startup capital in the near future. Crowdfunding is qui [...]

VentureBeatAtaribox hits the pause button on its crowdfunding campaignVentureBeatAtari was supposed to start taking preorders along with launching its crowdfunding campaign on Indiegogo today for its new Ataribox console. However, it seems to have hit an unspecified snag and in an ema [...]

Coindesk (press release) (blog)Crowdfunding Giant Indiegogo Opens to ICOs - CoinDeskCoindesk (press release) (blog)The startup revealed today that, through an existing partnership with MicroVentures, it will begin offering services to projects seek to use the blockchain funding model. [...]

TechCrunchFormer Gawker employees are crowdfunding an effort to buy Gawker.comTechCrunchWhile Univision acquired most of Gawker Media's sites last year (and renamed them as the Gizmodo Media Group), the deal didn't include Gawker itself. In fact, BuzzFeed reported last month [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |