Startup Monday is ABCey’s weekly post that features some of the best and brightest companies in the Bay Area. They are often companies that we have our eye on or have worked with in the past that we would like to share with the friends and followers of ABCey Events.
Ever have a great idea but don’t know how to get it started? Or maybe you’re short on the necessary funds? At ABCey, we’re all about helping each other out and OurCrowd is too!
Based in Israel, OurCrowd is an equity-based crowdfunding platform to provide venture capital funding for venture capital start-ups. For those who aren’t familiar with the term, crowdfunding is essentially pitching an idea or project to the general public and hoping that they find as worthwhile of an investment as you do. Co-founders, Jon Medved and Steven Blumgar, explain that in Israel there are 500+ venture financings and over 1000+ angel financings, making it an ideal place for OurCrowd to launch — and prosper. Individuals can now use this platform to browse through hundreds of different startups and search through entrepreneurs, artists, technologists, and more.
According to its website, OurCrowd has become the first Israel focused, equity-based investment platform to launch and one of the world’s leading accredited investor only platforms! OurCrowd offers users effective tools to research companies in order to determine follow-up investment. IN addition, it offers a low-cost portfolio as well as a broad network of fellow investors.
What are your thoughts on crowdfunding? Would you support a project on a crowdfunding site? Let us know in the comments below or on Facebook & Twitter!