Report: Crowdfunding Platform OurCrowd Reaffirms Expectation to Top $1 Billion this Year

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Crowdfund Insider | | May 6, 2018

OurCrowd is one of the largest crowdfunding platforms in the world and, perhaps, the largest early stage platform globally by now. The five year old firm has quickly gone from zero to nearly $1 billion in capital raised with the expectation to surpass the billion dollar mark at some point in 2018.

See:  Israeli crowdfunding co OurCrowd raises $72m

Recently, OurCrowd CEO and founder Jon Medved visited with SkyNews in Australia to update on their progress. Medved explained their approach of providing access to the venture capital access class to a far wider audience. You can’t pick up the phone and call Sequoia Capital if you are a smaller investor. Medved said the most exciting news is the fact OurCrowd now has had 20 exits from their portfolio companies. One of the more recent exits was with Jump, a company in the bike sharing space that was sold to Uber and Invertex that Nike bought. OurCrowd’s success means that it is adding about 500 global investors each month.

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The National Crowdfunding & Fintech Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding, alternative finance, fintech, P2P, ICO, and online investing stakeholders across the country. NCFA Canada provides education, research, industry stewardship, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding and fintech industry in Canada.  For more information, please visit:  ncfacanada.org

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