Author: OurCrowd

[TechCrunch] Equity crowdfunding platform OurCrowd launches an early stage digital health fund

Israel-based equity crowdfunding platform OurCrowd is launching a sector specific fund fully focused on digital health — touting it as Israel’s first fund with such a focus. The fund, called OurCrowd Qure, will invest in early stage startups at the seed and Series A level. Fundraising is starting now, with a target of $50 million for the first raise. Managing partner Dr Yossi Bahagon tells TechCrunch the team expects to make about 15 investments with the first fund. He says typical investments will start at $500,000 for the earliest stage startups, rising to up to about $3 million at the Series A level. Read more on TechCrunch...

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[OurCrowd Qure in TechCrunch] Equity crowdfunding platform OurCrowd launches an early stage digital health fund

Israel-based equity crowdfunding platform OurCrowd is launching a sector specific fund fully focused on digital health — touting it as Israel’s first fund with such a focus. The fund, called OurCrowd Qure, will invest in early stage startups at the seed and Series A level. Fundraising is starting now, with a target of $50 million for the first raise. Managing partner Dr Yossi Bahagon tells TechCrunch the team expects to make about 15 investments with the first fund. He says typical investments will start at $500,000 for the earliest stage startups, rising to up to about $3 million at the Series A level. Read more on TechCrunch...

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[OurCrowd Qure in Globes] Israel’s OurCrowd launches $50M digital health fund

Israeli angel investors crowdsouircing club OurCrowd today announced the establishment of OurCrowd Qure, a $50 million venture capital fund for digital health investments. OurCrowd, led by Jon Medved, will invest $5-10 million of its money (the company recently raised $70 million for its regular activity, including investments like this one). The rest of the money will come from the company’s investors club, composed of wealthy individuals from the US, Israel, and other countries. The fund is also raising money from non-member investors, and has secured a $10 million investment in recent weeks from parties in technology and health in Australia and Hong Kong. Read more on Globes...

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[Times of Israel] OurCrowd advisory board is joined by Alec Ellison

OurCrowd, the Jerusalem-based equity crowdfunding platform, said Thursday that Alec Ellison, former vice chairman of Jefferies, LLC, and chairman of the Technology Investment Banking group, has joined the OurCrowd advisory board. Prior to Jefferies, Ellison, who holds a BA from Yale and an MBA from Harvard, was president of Broadview International, later acquired by Jefferies. He began his banking career at Morgan Stanley. “With nearly 30 years on Wall Street, Alec’s insight and experience in the technology and financial services industries will be of immense value as we continue to grow OurCrowd,” OurCrowd CEO Jon Medved said in a statement. “Our firm continues to scale up, and our partnerships and work with world-class financial institutions are key to driving the current growth.” Ellison’s addition to the advisory board “further strengthens our future,” he said. Read more on the Times of Israel...

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