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News Blog: OurCrowd @ CES

Startups from OurCrowd’s portfolio made waves at CES 2019! Our representing companies made us proud at CES, displaying their incredible technology, receiving awards and forging promising partnerships! Take a look at the news roundup below: Israeli tech showcased at CES: Crowdfunding Standout OurCrowd to Highlight 14 Portfolio Companies at CES: See Before You Invest featuring C2A Security, Centaur, Edgybees, Engie, TechSee, VayaVision, Arbe Robotics, Brodmann17, Hailo, Innoviz, Intuition Robotics, Maniv, and uBeam The Groundbreaking Israeli Tech Turning Heads at CES 2019 featuring Arbe Robotics, Brodmann17, Edgybees, TechSee, Engie, C2A Security, VayaVision, and Innoviz CES 2019 to showcase best of Israeli innovation featuring Innoviz, Cognitiv Ventures, Brodmann17, C2A Security, Edgybees, and VayaVision. From flying cars to robots that fold laundry, the Israeli techs causing a stir at CES featuring Innoviz, VayaVision, Brodmann17, Phantom Auto, Engie, C2A Security, Argus Cyber Security, Edgybees, TechSee, Centaur Analytics, and Intuition Robotics. Intuition Robotics: Intuition Robotics Opens ElliQ for Pre-Order; Launches New Digital Companion Product and Announces its First Automotive Customer Intuition Robotics Receives Design Win from Toyota Research Institute for its Cognitive AI Platform to Collaborate on an...

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InsurTech: Turning an age-old industry into an AI tech sector

Did you hear about the huge insurance company that tried to squash the insurance startup? It’s a classic “triumph of the underdog” moment. In October 2018, insurance giant State Farm released an ad that attempted to minimize the strides of InsurTech disrupter Lemonade – only to find that Lemonade could override the effort in a surprising twist. In case you missed it: State Farm ran an ad that mocked the use of artificial intelligence (AI) – in particular, chatbots – in insurance companies. Lemonade, which uses chatbots to fuel its fast claims processing service, was quick to respond. Shai Winiger, co-founder and CTO of the Israeli startup, focused on State Farm’s defensiveness. Winiger ran a campaign paying to promote State Farm’s ads, because “we think it reveals far more about State Farm than it does about Lemonade.” It was an inspired move. It increased social media buzz to record levels, and brought an invitation for an online debate between Lemonade and State Farm about how quickly AI should be integrated into insurance customer service.   Why InsurTech is a vital...

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How are you celebrating #NationalInternDay?

There’s nothing like your first time – interning. All filing and data entry jokes aside, the student internship should be an incredible discovery process; when done right, students return to campus or head towards graduation with a lot more tangible experience in their expected field and are able to relate to the expectations of the professional world they’ll enter soon. Internships mean something – as long as we, the employers, take them seriously and make them meaningful. On that note, we at OurCrowd are excited to be celebrating National Intern Day today. Started in 2017 by WayUp, the national intern ‘holiday’ encourages employers to celebrate, empower and recognize the interns that spend their time learning while fueling our workplaces. According to WayUp – a platform that empowers early career candidates to discover and be discovered by employers (and an OurCrowd portfolio company) – “interns are key contributors to organizations across the nation. It’s important that their hard work and dedication is recognized.” We couldn’t agree more. Take 2 minutes to watch what our fabulous Summer 2018 interns have accomplished so far – with our...

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Uber, NASA, and Virgin are leading the rise of the MaaS Market

We are all familiar with sitting in standstill traffic, with a now-room temperature coffee and your favorite podcast to take your mind off the knowledge that you, and thousands around you, have no choice but to wait. It’s not just you. The U.N. reports that 55% of the world’s population lives in urban areas, and will grow to 68% by 2050 with another 2.5 billion people added to urban areas by 2050. With this influx comes the serious question of congestion. Luckily, major players like Uber and Virgin are betting on a new market to change the game– MaaS or Mobility as a Service. The MaaS market is defined as transportation services permitting a means of transport outside of personally-owned vehicles. As we well know, Uber built a ride-sharing service empire which is now worth $72B, which according to some forecasters single-handedly led to a decrease in car ownership among young adults. The tech unicorn’s recent purchase of Jump Bikes (an electric bike sharing platform and OurCrowd portfolio company) for a reported price of ~$200M, shows their commitment to...

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5 Examples of Real Estate Technology – and Why You Should Take This Seriously

At $228 trillion in global asset value,  real estate is one of the largest markets worldwide.1 Major players like Blackstone and ProLogis have assets under management in the hundreds of billions, while still only representing a fragment of the total market size. It’s no wonder that investors have traditionally seized opportunities in real estate as a stable, age-old method of ensuring yields.  And yet, much like other time-honored industries like agriculture, insurance, and banking,  the real estate industry is in desperate need of innovation. Commercial real estate is plagued by fractured ownership, with local reach, rather than best prices, serving as the defining factor in buying and selling. Brookfield Management, the largest asset management company in the world, still only holds $285B in AUM in 30 countries2, a drop in the bucket in the multi-hundred-trillion-dollar market. The industry still functions on a network of brokers and lenders that operate on personal connections, not industry data, meaning that willing lenders are not making deals in areas that are real estate rich but capital poor. Furthermore, the industry still operates on the assumption...

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