PRESS RELEASE: OurCrowd Launches Israel’s First Exclusive Digital Health Fund: “OurCrowd Qure”
MATERIALS FOR RELEASE: PDF download here Photos and logos ZIP file download here OurCrowd Launches Israel’s First Exclusive Digital Health Fund: “OurCrowd Qure” Collaboration with Johns Hopkins University aims to fast track clinical validation Managed by Allen Kamer (ex-Optum) and Dr. Yossi Bahagon (ex-Clalit) — Jerusalem – November 1, 2016 – OurCrowd, a global leader in equity crowdfunding announced today that it has launched Israel’s first exclusively focused digital health fund: OurCrowd Qure. The fund will focus on Seed and Series A rounds investing in innovative digital health startups. This is OurCrowd’s first sector fund dedicated to the rapidly developing digital health market valued globally at $70 billion US in 2015 and projected to be over $230 billion US by 2020. “Digital health is one of the fastest growing sectors in terms of funding and M&A activity,” said OurCrowd CEO Jon Medved. “Exclusively focusing in digital health is important given the complexity of healthcare delivery and markets.” OurCrowd Qure has established a collaboration with Johns Hopkins University to provide validation of value, fast track market access, on-going feedback and...
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