OurCrowd Global Summit is the Largest Event of its Kind
Global securities crowdfunding platform OurCrowd is bringing back its annual Global Investor Summit after a COVID-induced hiatus. At the same time, OurCrowd has announced that it has topped $2 billion in capital commitments keeping it in the mix as one of the largest private company marketplaces in the world.
OurCrowd said it will host its 10th-anniversary celebration at the OurCrowd Global Investor Summit this coming February 2023 in Jerusalem, Israel. In the past, the Summit has been host to thousands of investors, early-stage firms, and institutions in a convergence of entrepreneurship, innovation, and investment opportunity. The OurCrowd Summit is the largest event of its kind in the world.
Jon Medved, OurCrowd founder and CEO, said they are delighted to announce they have surpassed $2 billion in commitments.
“The platform continues to grow, both in terms of new users and portfolio companies. Our investors play a vital role in providing the funds that enable smart entrepreneurs to address some of the world’s most urgent problems. As we celebrate our 10th anniversary, our focus is firmly on the future and bringing the latest technology to bear on the challenges we face in sustainability, healthcare, food security, alternative energy, alternative proteins and cybersecurity,” said Medved. “As Israel’s most active venture investor, with corporate partners around the world and strong connections to the Gulf, OurCrowd is uniquely positioned to bring the global startup ecosystem together in Jerusalem. I’m proud that the Summit provides a gathering place to set the themes and tech trends for the coming year and to get business done.”
Pitchbook has recognized OurCrowd as the most active venture investor in Israel since 2013.
OurCrowd noted that to date, it has booked 60 exits from 370 portfolio companies and an additional 410 companies held via partner funds. OurCrowd reported approximately 220,000 registered investors from 195 countries. OurCrowd allows smaller (Accredited) investors to participate in securities offerings on their platform alongside top VCs and institutions.
The company shared that during 2022 $250 million has been raised on its platform, with 116 investment rounds in funds and startups having closed. 47% of OurCrowd’s investments came from the US, 17% from the EU, and 11% from Asia.
Regarding the upcoming Summit, the last event in 202o saw over 23,000 people registered from 183 countries. Expectations are for a similar or bigger gathering this coming February. This year, following breakthrough diplomatic accomplishments, OurCrowd will host hundreds of individuals from the Gulf Countries and North Africa. OurCrowd was the first Israeli venture firm to open offices in the UAE and the first licensed by the Abu Dhabi regulatory authorities.
OurCrowd stated that executives from multinational corporations are already registered, including Ford, Google, Intel, McKinsey, PepsiCo, IBM, Bosch, Huawei, Boeing, Sony, Siemens, KPMG, and Porsche. Speakers typically include high-ranking government officials, big-name investors as well as executives from some of the largest firms in the world.