Investors and entrepreneurs gather for Israel’s largest business event amid exit bonanza
JERUSALEM–(BUSINESS WIRE)–OurCrowd, the global crowdfunding venture investing platform and Israel’s leading venture investor, will offer investors a sneak peek at the promising future stars of Israeli and Global tech at the sixth annual OurCrowd Global Investor Summit on February 13, 2020, in Jerusalem, Israel.
2019 was another bonanza year for Israeli tech. Total exits almost doubled over the previous year to $21 billion in 138 deals, according to the recently published IVC-Meitar Israel Tech Exits report. Exits for the decade grew in value by 800% to a total of $111 billion.
OurCrowd has a proven track record of giving investors a preview of some of the huge deals to come at its Global Investor Summit. 32 of the startups presenting at the past four summits had an exit or IPO within 12 months.
The 2019 Summit featured 7 startups that later exited, including:
- Beyond Meat: Biggest IPO in a decade, May 2019
- Magisto: Acquired by Vimeo for $100 million, April 2019
- Wave: acquired in June 2019 by H&R Block
Previous years’ Summit events featured many startups that later exited, including:
- Jump Bikes 2018, acquired by Uber two months later
- Briefcam 2018, acquired by Canon six months later
- Invertex 2017, acquired by Nike three months later
- Mobileye 2017, acquired by Intel for $15.3 billion two months later
- Crosswise 2016, acquired by Oracle three months later
- Replay 2016, acquired by Intel two months later
The Summit, Israel’s largest tech conference, will provide investors with a sneak preview of some of the companies poised to achieve the next big exits in the world’s most vibrant tech ecosystem.
Since 2014, 36 OurCrowd portfolio companies have exited. Many have been acquired by global multinationals or achieved successful exits through IPO.
“The OurCrowd Global Investor Summit has become the showcase for soon-to-exit companies,” said OurCrowd CEO Jon Medved. “If you want to see firsthand the phenomenon of the IVC Meitar Report at work and get exposure to future startup success you must attend the Summit.”
OurCrowd is the largest global venture investing platform with more than $1.3 billion in committed funds from 40,000 registered investors in 183 countries. In 2019 Our Crowd was ranked for the second year running as the “Most active venture investor in Israel” by Pitchbook.
OurCrowd has 22 funds and 5 co-managed incubators on the platform. It has recently won Israel government tenders for incubators focusing on FoodTech and Cannabis.
With more than 17,000 investors, entrepreneurs, venture capitalists and others registered so far – including 141 foreign delegations – the Summit is the largest investor event in the Middle East, the largest equity crowdfunding event in the world, and the largest business event in the history of Israel.
Meet the people driving Israel’s tech economy to new frontiers in Jerusalem on February 13, 2020. Apply now for your VIP media pass at summit.ourcrowd.com or contact:
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OurCrowd is a global venture investing platform that empowers institutions and individuals to invest and engage in emerging companies. The most active venture investor in Israel, OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships. With $1.3 billion of committed funding, and investments in 200 portfolio companies and 22 venture funds, OurCrowd offers access to its membership of 40,000 individual accredited and institutional investors, family offices, and venture capital partners from over 183 countries to invest alongside, at the same terms. OurCrowd’s portfolio is diversified across sectors and stages, ranging from seed and series A through late stage and pre-IPO firms. Since its founding in 2013, OurCrowd portfolio companies have been acquired by some of the most prestigious brands in the world, including Uber, Canon, Oracle, Nike, and Intel. To register and get involved, visit www.ourcrowd.com.
About the OurCrowd Global Investor Summit: “Where the startup world gathers”
The 2020 OurCrowd Global Investor Summit is one of the premier events in the tech industry, and the largest business conference in Israel. The 2020 Summit will take place February 13. In 2019, over 18,000 people from 189 countries registered to attend what has become the fastest-growing tech conference in the world. The Summit provides unprecedented insight into the world of startup venture capital, with exclusive exposure to cutting-edge technologies, the entrepreneurs behind them, and the corporate leaders deploying them. Top investors, venture capitalists, corporate partners, entrepreneurs and journalists come from around the world to get business done. The Summit anchors a week of events that include corporate meetups, VC forums, insider access to accelerators and labs, and cultural excursions, as well as nightly opportunities for great food, drink and networking with the global crowd. As Forbes reported, Summit Week in Israel was “the place to be.” Thousands more will participate through livestreaming. Learn more at summit.ourcrowd.com
For Press Materials: https://blog.ourcrowd.com/exitpreview/
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Some of the statements contained in this release constitute forward looking statements that are based on expectations and projections about future events. These statements are subject to risks and uncertainties and many circumstances outside the control of OurCrowd. Prospective investors are cautioned not to construe the contents of this release as providing assurances, whether express or implied, that any investment opportunities offered by OurCrowd, will yield any successful or meaningful results. Past performance is never indicative of future results.