OurCrowd, a leading equity crowdfunding platform for accredited investors, recently announced that it has successfully raised $60 million in the aggregate to date over its platform for its 46 portfolio companies. Twenty of these companies have already raised more than $1 million each in investments, and four companies have raised over $3 million through the OurCrowd platform.
“We are proud to have raised these amounts in just 16 months since launching. These numbers demonstrate that our model works and can be effectively used for major funding rounds. The fact that OurCrowd has deployed more money for our companies than our Silicon Valley competitors proves that we are indeed at the forefront of equity crowdfunding innovation,” said OurCrowd CEO Jon Medved.
OurCrowd, and its team of experienced investment professionals, provides an innovative way to invest in Israeli and global early-stage companies. ReWalk, which recently filed for a $58 million IPO, is a portfolio company.
“OurCrowd did their diligence thoroughly, effectively and quickly which was appreciated and valuable for an operating company. Their team has a combination of deep experience, meaningful skills and enthusiasm for their mission. They also have provided key contacts in the US and in new areas for us such as Australia,” said Larry Jasinski, CEO ReWalk Robotics.