PipelBiz partners with the American-based Republic to fast track Israeli funding

Israeli crowdfunding investment platform PipelBiz has announced a collaboration with Republic, a similar U.S.-based platform. Following the collaboration, Israeli startups that will raise capital with PipelBiz will also be able to fast track their way to an additional funding round of $1 million through Republic, too.

"The target market and target audience of Israeli startups is also overseas, with the significant part in the United States, so the cooperation between the entities is natural and correct," said Nadav Moskovitch, director of operations of Republic in Israel. "The joint activity that brings the Startup Nation and Pipelbiz closer to Republic and the U.S. market will help expose ventures to potential investors and consumers, private or business, as well as strategic partnerships."

Republic was established in 2016 and has raised more than $150 million for more than 250 companies though 700,000 investors. In addition, the company launched a ‘Shark Tank’-type show and operates a digital currency, Republic Note. With the collaboration, the platform will be able to offer its investors opportunities in ventures that are currently raising funds through PipelBiz.

"After the expansion of PipelBiz activities in the past year, which was reflected in the real estate investment opportunities added to the platform and the acquisition of the Jumpstarter website, we are pleased to continue the trend and take root in the U.S.,” said Or Bennun, CEO of PipelBiz.

PipelBiz was founded by Bennun and Tom Seton, who serves as its CTO. The company is headquartered in Tel Aviv, Israel. Its aim is to match small businesses with investors while avoiding the need for multiple partners.