OurCrowd, a Jerusalem-based global investment platform and an Israeli venture investor, announced that it raised a total of $1 billion for 170 companies and 18 funds in just six years. Of those portfolio companies, 29 have achieved an exit.
“We’ve built a model for the investor community that democratizes access to incredible companies, and it’s working—to the tune of $1 billion in just six short years,” said Jon Medved, Founder & CEO of OurCrowd. “The synergy we’ve created between investors, companies and venture funds, has allowed us to play an instrumental role in building Israel’s reputation as a global leader in innovation and technology.”
The OurCrowd network consists of 30,000 registered investors from over 150 countries. Geographically, the company’s primary investor base comes from the US, followed by Asia. The average number of investments made by individuals was seven, with an average portfolio size of over $350,000.
OurCrowd’s list of 18 funds provides individuals access to innovative venture investments coupled with the benefits of diversification and professional management.
These figures were announced this week at the 2019 OurCrowd Global Investor Summit in Jerusalem, the largest technology showcase in Israel with over 170 startups and 17,000 registered attendees.
“While we are excited about the growth we experienced in 2018, the summit kicks off the further challenge of building yet another year of hyper growth for OurCrowd, said Medved. “On our marathon journey, each time we reach a summit, we catch our breath and look up and realize the further peaks yet to scale.”