Money cash Shekels currency 521.
(photo credit: Reuters)
OurCrowd, the leading equity crowdfunding platform for accredited investors, announced Tuesday that it has successfully raised an aggregate $60 million to date over its platform for its 46 portfolio companies.
Of these companies, 20 have already raised more than $1m. each in investments, and four have raised over $3m. through the OurCrowd platform.
“We are proud to have raised these amounts in just 16 months since launching,” said OurCrowd CEO Jon Medved.
“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,” he added.
OurCrowd, hybrid VC-equity crowdfunding platform for accredited investors who wish to invest in Israeli and global early stage companies, emerged as a leader in the increasingly competitive equity crowdfunding space.