Jerusalem-based Equity Crowdfunding Firm Says It's on Track to Top $1 Billion in Assets Managed
OurCrowd has raised $650 million for 145 companies and 12 funds to date
Jerusalem-based equity crowdfunding company OurCrowd Management Ltd. announced Wednesday that it expects to surpass $1 billion in assets under management in 2018. The company also announced that it has raised $650 million for 145 companies and 12 funds to date.
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Founded in 2012, OurCrowd is one of the most active venture funds in Israel. The company offers private investors a way to take part in investments in pre-vetted Israeli startups. In 2017, OurCrowd’s investor base grew to over 25,000 registered investors from 112 countries, with 49% of investors based in the U.S. and 26% in Asia, according to information by the company. Individual investors made an average of 6.5 investments in 2017 with an average portfolio size of $250,000, the company said.
On Thursday, the company’s annual Global Investor Summit will be held in Jerusalem. According to the company, 10,000 attendees have registered for the summit from over 90 countries.