OurCrowd, Israel’s leading global investment platform, announced that since its founding in 2013, it raised a total of $1 billion for 170 companies – 29 of which achieved exits – and 18 funds.
The announcement came as OurCrowd hosted its annual Global Investor Summit in Jerusalem on Thursday, releasing key figures on the company’s activity over the past year.
In 2018 alone, 11 of OurCrowd’s portfolio companies achieved exits, notably Corephotonics’ acquisition by Samsung; Jump Bikes’ acquisition by Uber; Invertex’s acquisition by Nike; BriefCam’s acquisition by Canon; MST’s acquisition by TransEnterix; and NooBaa’s acquisition by Red Hat Inc./IBM.
OurCrowd also opened three new offices in Israel in 2018, including in Tel Aviv, Herzliya and Jerusalem, bringing its operations to 11 offices worldwide from London, Madrid, Toronto, New York, San Diego, Singapore, Sydney, and Hong Kong. The company also won a number of recognitions last year, including being named the most active venture investor in Israel by PitchBook Data, and being listed as one of Fintech 100’s Leading Global Fintech Innovators for the fifth consecutive year.
OurCrowd says its network consists of 30,000 registered investors from over 150 countries with a primary investor base in the United States, followed by Asia. The average number of investments made by individuals was seven, with an average portfolio size of over $350,000.
“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 OurCrowd founder and CEO Jon Medved. “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.”
“While we are excited about the growth we experienced in 2018, the summit kicks off the further challenge of building yet another year of hypergrowth for OurCrowd. 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,” he added.