History
OurCrowd launched in February 2013 in Jerusalem,[17][18][19] by venture capitalist and angel investor Jonathan Medved.[20] Medved had already begun pursuing the idea of an online platform which would democratize access to private equity investing already in 2012. In March 2013, OurCrowd opened its US office in San Diego. It also has offices in Tel Aviv, Herzilya, New York City, Toronto, London, Sydney, Madrid, Hong Kong, and Singapore. In November 2013, OurCrowd partnered with GE Ventures, the venture capital branch of General Electric, allowing GE to invest alongside OurCrowd in venture capital investments.[21]
In July 2016, the company launched "Our Innovation Fund", which invests in the Australian innovation ecosystem.[22]
In November 2016, OurCrowd announced of a new fund called Qure, focusing on seed and Series A rounds and investing in digital health startups.[23]
In December 2016, OurCrowd Portfolio Index Fund was launched.[24]
In January 2018, OurCrowd announced that its Labs/02 seed stage incubator would be investing in 100 early stage startups over a ten-year period.[25]
In May 2018, OurCrowd entered into a partnership with Bangkok Bank Public Company Limited to explore direct partnerships between Thailand’s investors and the OurCrowd platform.[26][27]
In June 2019, the Israel Innovation Authority announced its selection of a consortium consisting of Tnuva, Tempo Beverages, OurCrowd, and Finistere Ventures to run a foodtech incubator in northern Israel. The government will provide NIS 100 million in funding for the incubator over the eight-year franchise period.[28][29][30]
By February 2020, OurCrowd’s portfolio reached 36 exits since its 2013 launch.[31]
In October 2020, Our Crowd teamed up with Phoenix Capital, in Dubai, and appointed Sabah al-Binali as head of its activities in the Gulf region.[32]
In November 2020, Japanese financial services corporation Orix announced that it made a $60 million strategic investment into OurCrowd.[33]
In October 2021, Softbank Group's Vision Fund 2 invested 25 million USD in OurCrowd.[34]
In November 2021, OurCrowd Arabia became the first Israeli venture capital firm to receive a license from the Abu Dhabi Global Market (ADGM) and named Sabah al-Binali its Executive Chairman.[35]
In September 2022, OurCrowd launched the $200 million Global Health Equity Fund with the WHO Foundation to focus on breakthrough technology solutions to improve healthcare around the world.[36]
In November 2022, OurCrowd launched Integrated Data Intelligence Ltd. (IDI), offering artificial intelligence for business, in Abu Dhabi as part of a $60 million joint investment with the Abu Dhabi Investment Office.[37]
