OurCrowd, a venture platform has announced that SoftBank Vision Fund 2, will make a $25 million convertible equity investment into the firm.
Proceeds of the round will go toward the expansion of the OurCrowd platform, building its investor base and accelerating the identification of high-potential, tech-enabled private companies. With 140,000 accredited investors from more than 195 countries, OurCrowd is a leading platform providing investors with access to quality venture capital investment opportunities. Rated Israel’s most active venture investor by PitchBook, OurCrowd has invested in over 280 companies and 30 funds.
OurCrowd has achieved record growth in the past year. New registered subscribers added to the OurCrowd platform have soared from 25,000 in 2020 to 75,000 in 2021 so far, representing 300% growth with three months remaining before the end of the year. New investments made this year on the platform will exceed $500 million, representing more than 100% growth in additional annual AUM. More than 50 OurCrowd portfolio companies have achieved exits including Lemonade, Beyond Meat, Uber (Jump), Kenna, Argus, Wave, and many more.
Under the agreement, OurCrowd will also enter into a strategic partnership with SoftBank Investment Advisers (SBIA – Sub-Adviser to SoftBank Vision Fund 2), to consider investment opportunities via OurCrowd’s online venture capital investment platform.
OurCrowd CEO Jon Medved
We are excited to be working with SoftBank Investment Advisers, one of the world's largest technology-focused investors. As a strategic investor with a global reach and a network of market-leading technology companies, they will be a pivotal partner in helping OurCrowd realize our vision of democratizing access to venture capital.
