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Tag Archives: equity investment

Leading Equity Investment Crowdfunding Platform in Israel Closes $25 Million Series B Funding Round

28 Apr

According to OurCrowd, based on published data, latest round of fund is the largest investment round in the equity crowdfunding sector to date

By Robert Hoskins

Jerusalem, Israel – OurCrowd, a leading global equity crowdfunding platform, announced the closing of a $25 million Series B funding round. This round, according to OurCrowd and published data, is the largest investment round in the equity crowdfunding sector to date. The investment will be used both to further expand OurCrowd activities in Israel and worldwide, and to provide general partner funding participation for each OurCrowd deal on its website. Terms of the investment, and the list of participants in the round, were not disclosed.

Israel’s OurCrowd Takes Lead in Equity Crowdfunding

Israel’s OurCrowd Closes $25 Million Dollar Series B Funding Round for Equity Crowdfunding Platform

OurCrowd CEO, Jon Medved, stated: “We are delighted to have closed this major funding milestone for OurCrowd. As we look back on our first year since launching in February 2013, we are gratified by the support of our global community of 4,000 accredited investors, our talented group of entrepreneurs and the 36 portfolio company teams. This additional funding will allow us to extend our global leadership in equity crowdfunding for early stage companies.”

OurCrowd, which began its activity by investing in early stage Israeli companies, has become the world’s largest equity crowdfunding firm in terms of dollars invested into companies through its platform. In addition to its own current $25 million Series B round, and its previous $5.5 million Series A funding round (Feb 2013), to date OurCrowd has raised another $43 million for its 36 portfolio companies from accredited investors in 26 different countries.

OurCrowd is already extending its global reach: four of its last ten equity crowdfunding deals were for companies based outside of Israel. Portfolio company round size has grown from several hundred thousand dollars per deal to a new high of over $3 million in a single deal. Eighteen portfolio companies have already raised more than $1 million each through OurCrowd’s platform.

Geoff Levy, the former CEO and Chairman of Investec Bank Australia and member of OurCrowd’s Advisory Board, who is an investor in the current round said, “OurCrowd’s emergence as the global leader in equity crowdfunding is now supported by a significant funding round. This new fuel will allow the management team to continue to execute the business plan and bring a wide group of new investors to the exciting tech startup scene worldwide. From their base in Israel, the ‘Startup Nation,’ OurCrowd will now make additional headway in Israel and other global innovation hotspots.”

Andrew Heyer, Mistral Equity Partners CEO, is another individual investor in the round and has joined the OurCrowd Advisory Board. He said, “As a private equity investor, I look to invest in the best emerging companies and help to grow their great consumer brands. At Mistral, we recently led a $10 million follow-on funding round for OurCrowd’s portfolio company Abe’s Market, the leader in e-commerce for organic products. We believe that OurCrowd has proven that they can add real value to their portfolio companies. They are opening up great investments for individual investors and I am delighted to be part of this groundbreaking venture.”

OurCrowd is a hybrid VC-equity crowdfunding platform for accredited investors only who wish to invest in Israeli and global early stage companies. Managed by a team of well-known investment professionals and led by serial entrepreneur Jon Medved, OurCrowd selects opportunities, invests its own capital and brings these startups to its accredited membership. Members choose those deals they invest in via OurCrowd-managed partnerships.

OurCrowd investors must meet stringent accreditation criteria and invest a minimum of $10,000 per deal. OurCrowd provides post investment support to its portfolio companies, assigning industry experts as mentors and taking board seats.

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Indiegogo Amasses a $40 Million Dollar War Chest to Compete with Kickstarter

28 Jan

Promoting Crowdfunding Innovation and Worldwide Domination, Indiegogo Raises $40 million from Institutional Venture Partners and Klieiner Perkins Caufield & Byers

 By Robert Hoskins

Indiegogo announced that it has raised $40 million in Series B funding led by Institutional Venture Partners and Kleiner Perkins Caufield & Byers. The financing will be used to continue making key hires, expand globally and improve the user experience with a focus on mobile, personalization and trust. Additional funding was provided by existing investors Insight Venture Partners, MHS Capital, Metamorphic Ventures and ff Venture Capital.

ndiegogo Crowdfunding Platform Logo

Indiegogo Crowdfunding Platform Now Armed and Ready to Compete Globally

As one of the world’s largest crowdfunding platform, Indiegogo has hosted more than 190,000 campaigns from nearly 190 countries. In the past two years, funds raised on Indiegogo have grown by 1,000% and the company has expanded to 85 employees, opening its new headquarters in the South of Market neighborhood of San Francisco last year. With this financing, the company will be growing its team in San Francisco, New York and Los Angeles, as well as expanding internationally. Indiegogo’s online platform supports contributions in five currencies (U.S. dollar, Canadian dollar, euro, pound sterling and Australian dollar) and four languages (English, German, French and Spanish).

“We’re committed to making Indiegogo the world’s funding engine and giving people access to capital worldwide. With IVP and KPCB’s support, we can rapidly take critical steps to help more and more people fund what matters to them,” said Slava Rubin, founder and CEO of Indiegogo.

“Indiegogo is playing a central role in the transformation of the global economy,” said John Doerr, general partner at KPCB. “We are excited to partner with Indiegogo to help support the dreams and aspirations of the Indiegogo community and continue establishing Indiegogo as the leading international platform for funding new ideas and innovation.”

“Indiegogo’s flexible funding model and open platform are helping it become the market leader in the rapidly growing crowdfunding space. The company is the Android of crowdfunding—easily accessible and open to all,” said Jules Maltz, general partner at IVP.

Indiegogo is democratizing access to funding by allowing anyone, anywhere to raise money. As a result of this commitment to empowerment and diversity, Indiegogo has featured some of the most innovative and influential crowdfunding campaigns including the following:

Indiegogo empowers people around the world to fund what matters to them. As the largest global crowdfunding platform, campaigns have launched from almost every country around the world with millions of dollars being distributed every week due to contributions made by the Indiegogo community. At its core, Indiegogo is an open platform dedicated to democratizing the way people raise funds for any project – creative, entrepreneurial or cause-related.

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Safer, High-Tech Classified Ads from ByOwner.com Launches $1.5 Million Equity Crowdfunding Investment Deal on Angel List

14 Jan

Leading Edge Advertising Portal Provides Investors with Opportunity to Invest in Thriving Online Advertising Industry, which is Expected to Reach US$185.4 Billion in 2017 as Social Media, Mobile and Video Advertising Revenue Rise

 By Robert Hoskins

ByOwner.com announced the very first equity crowdfunding campaign for the online advertising industry.  The company is seeking to raise $1.5 million from equity crowdfunding investors to advance its position as the safest online community to post free classified ads for job listings, cars for sale, for sale by owner real estate, vacation rentals and over ninety other categories of products and services. One of ByOwner.com’s primary product differentiators is the way the company is harnessing advanced security technology to allow buyers and sellers to research each other prior to meeting in public to complete a business transaction.

ByOwner.com eCommerce Portal Fights Crime With New Social Graphing Tool to Build Safer Classified Ads to promote Crowdfunding campaigns

ByOwner.com eCommerce Portal Fights Crime With New Social Graphing Tool to Build Safer Classified Ads to promote Crowdfunding campaigns

The online classified advertising service currently allows more than 1.3 billion Facebook and LinkedIn social media contacts to see each other using the “Friends-of-a-Friend” feature. This will help combat the unprecedented crime wave of murders, rapes, armed robbery, and prostitution occurring every day on popular online advertising sites.

“There is a huge void in the market for an advertising platform that welcomes partner innovation, user safety and does not contain “adult” content,” said Greg Sullivan, ByOwner.com’s President. “We feel that personal ads, massage parlors and escort services should not be available on the same platform as someone selling their home, car or used household items.”

According to Pew Research, internet advertising continues to defy the world’s wider economic problems, growing in terms of both volume and its share of the global advertising pie. Digital advertising is expected to reach US$185.4 billion by 2017.

“As consumers get more comfortable with buying and selling online, so should their satisfaction with the complete online advertising experience. Our platform fulfills the need for higher transparency between buyers and sellers. It’s just not safe to meet someone in a parking lot to buy a $200 phone if you don’t know anything about the person,” Sullivan added.

ByOwner.com is directing accredited equity investors to https://angel.co/byowner-com in order to provide investment capital to help the company continue expanding their market share. Funds will be utilized towards aggressive marketing campaigns, and technology enhancements that will target a wide variety of partners, and publishing houses to fulfill the growing demand of consumer to consumer transactions.

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