San Francisco, California
London, United Kingdom
Jonathan Medved's Newest Venture:
OurCrowd: A New Resource for Startups and Investors
Israel’s First Equity Crowdfunding Platform
Get the inside story behind Israel’s first equity crowdfunding platform, OurCrowd, meet Founder and CEO Jon Medved and enjoy lunch with investors and entrepreneurs.
Jon Medved, OurCrowd Founder & CEO
Date: Monday, April 8, 2013
Time: 12:00 pm - 1:30 pm
Host: DLA Piper & California Israel Chamber of Commerce
Location: DLA Piper - 2000 University Ave
East Palo Alto, CA 94303
lunch will be provided
What is OurCrowd:
OurCrowd is an online platform that gives individual investors an innovative, new way to find and invest in Israeli startups. Jon Medved, one of Israel's most well-known entrepreneurs, created OurCrowd to solve a traditional dilemma for angel investors. Angels have the flexibility and freedom to choose their own deals and are not forced to make a large upfront commitment as they would in a venture fund. However, venture funds have access to the best deal flow and work with professional diligence teams, and they regularly invest on better legal terms than angels are able to. OurCrowd solves this dilemma by providing angels an online platform where a professional diligence team has sourced and negotiated deals, publishing them online only after OurCrowd has already invested its own money. Once published online, these deals are open for investors to browse through and select from.
The platform has had glowing coverage in the Wall Street Journal and TheNextWeb, as well as many Israeli publications and broadcast channels. It recently funded its first US-based early stage company, LucidEnergy, and is continuing to expand internationally. OurCrowd is structured exclusively for accredited investors.
Jon Medved, OurCrowd Founder and CEO
Jon has long been a core of the Israeli entrepreneurial, VC and high-tech community. Having spoken at AIPAC Policy Conference, at the Israel Dealmakers Summit, and at many other venues around the world, Jon has been key in Israel's messaging apparatus, helping to strengthen and propagate Israel's "Start-up Nation" brand. In Start-up Nation, Saul Singer and Dan Senor describe him as "one of Israel’s legendary business ambassadors....(he) has taken on a role that -- in any other country -- would typically belong to the local Chamber of Commerce, Minister of Trade, or Foreign Secretary."
The California Israel Chamber of Commerce (CICC) is a not-for-profit, non-governmental membership-supported organization dedicated to strengthening business and trade relations between California and Israel. With its wide and dynamic network of over 9,000 companies, business executives and investors, CICC is positioned to serve as a facilitator and active supporter for joint venture programs between the two communities. Through networking events, mentorship programs, investment forums and educational seminars, CICC contributes to a stronger business and commercial alliance between California and Israel.
Selected OurCrowd Press Coverage
“The most interesting investment of the week goes to OurCrowd which has brought together ten seasoned investment pros to create a crowdfunding hybrid to back Israeli startups. It is a combination of angel and VC with partners risking their own money in the fund.”
The Technology correspondent Edo Solomon says, “Something exciting….Kickstarter for Millionaires… opens a door for many people who want to invest in Israeli startups, to participate in the Start-Up Nation party”. At the end of the clip the anchorman says, “Listen, this is tempting,” Solomon replies, “go for it, go to the website.”
“Our Crowd’s investment platform helps keep Israel’s Start-up Nation funded…The investment team at OurCrowd rocks. Jon Medved is known in Israel as one of the top investors in the country”
For more press coverage on OurCrowd, please click here.