“It is a no brainer as to where we should set up our first office in Europe,” commented OurCrowd Founder and CEO Jon Medved in a recent Finance Feeds post. “Britain is an increasingly interesting place, and very entrepreneurial. Israeli companies are choosing to set up in Britain and there is a very multicultural vibe. It is a top place to be investing and I am very bullish long term in investing in Britain.”
Labeling the move “Brentry”, Medved indicated that OurCrowd was drawn to Britain as an advanced, independent nation following its exit from the EU. Last week the global investment crowdfunding platform announced its $72 million Series C funding round raise, indicating the latest round’s participants included financial institutions, family offices, and private investors from five continents.
“OurCrowd has grown exponentially since our launch in 2013 to become the leading global platform for Equity Crowdfunding,” noted Medved regarding the round. “This transformative Series C funding will allow us to take advantage of the growing investor interest in quality equity crowdfunding and further expand our global operations.”
OurCrowd currently has, with the addition of a London office, eight offices worldwide.