OurCrowd Reaches 20 Exits After Israel’s Invertex Acquired By Nike

By NoCamels Team April 11, 2018 Comments

ourcrowdApril 11, 2018 | OurCrowd, the leading global equity crowdfunding platform has announced that the recent exits of two companies in the past two days, its portfolio companies have achieved a total of 20 exits over the past five years. American footwear and apparel giant Nike announced Tuesday that they have acquired Israeli computer vision company Invertex for an undisclosed amount and San Francisco-based bike sharing service Jump is set to be acquired by Uber following a trial program with the company earlier this year. Other exits among the 20 include companies like Argus Cyber Security, which was acquired by Continental AG in 2017 for over $400 million, Shopial, a company that moves your online store to social networks, acquired by Magento in 2017, and ReWalk, a wearable robotics company for people with lower limb disabilities, who raised $36 million in an IPO on NASDAQ. Founded in 2013 by Jon Medved, OurCrowd currently has almost 25,000 accredited investors from over 112 countries. It has raised over $650 million and invested in 145 portfolio companies and funds. The company predicts it will surpass $1 billion in assets under management, raised through equity crowdfunding from investors.

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