Author: OurCrowd

OurCrowd portfolio company Abe’s Market featured in Forbes

Jun 26, 2013 | ,

Forbes’ contributor Christopher Versace spoke with  Richard Demb, the co-founder and CEO of  OurCrowd portfolio company Abe’s Market, on June 26th. The article describes Abe’s Market, an online marketplace for great natural products, as sitting at the intersection of Amazon.com and Whole Foods Market. Read excerpts of the piece below, or read it on Forbes here. “I recently spoke with Richard Demb, the co-founder and CEO of Abe’s Market – a company that is exploding given the explosive demand for natural foods and products as well as the surge in demand for gluten-free products. Rather smartly, he and his team realized  what this could mean when that demand for natural, organic and gluten free products was combined with the power of Internet retailing. Soon after Abe’s Market was born — and today it brings you thousands of products that have the Abe’s stamp of approval across a number of categories including food, beauty, health, home and more. In short, Abe’s is kinda like a combination of Whole Foods meets Amazon.com. ” “Abe’s Market launched a new service offering that I think you’re going to want to hear about –...

Read More
[PRESS RELEASE] Israel’s OurCrowd Launches Social Responsibility Initiative with Tmura

[PRESS RELEASE] Israel’s OurCrowd Launches Social Responsibility Initiative with Tmura

Jun 25, 2013 |

Jerusalem, Israel June 25, 2013:  OurCrowd, the leading equity crowdfunding platform for accredited investors, announced today that as part of its commitment to social responsibility, it will require its Israeli portfolio companies to commit a portion of their equity to Tmura – The Israeli Public Service Venture Fund. Tmura is a non-profit organization that enables early-stage companies to donate equity stocks and stock options, and the actual contribution will be realized when the company makes an “exit” or goes public. OurCrowd is the first funding platform in the world to require its companies to make this type of commitment as a condition to closing funding rounds. Read more...

Read More

OurCrowd’s Parko featured in Bloomberg Businessweek

Jun 23, 2013 | ,

Bloomberg Businessweek featured OurCrowd portfolio company Parko this week, putting into context the story of the rise of Israeli traffic and parking apps. Tomer Neuner conceived of the Parko app when he was hunting for a parking space in Tel Aviv, circling his neighborhood on a sweltering summer day. “I thought to myself, there’s got to be a way to make the search more efficient for everyone,” says Neuner, 30, who quit his job as a product manager at financial-technology company SuperDerivatives to develop the app. Parko learns users’ habits by tracking their phones and predicts when they’re about to vacate a spot, alerting other drivers in the area. Neuner launched the app in Israel earlier this year and is planning to expand overseas, including to San Francisco and Paris. Read more on Bloomberg Businessweek here. Parko raised $350,000 from OurCrowd investors in...

Read More