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Thursday, February 19, 2015

Global crowdfunding platform forges Maryland partnership

You’ve developed your product and investigated the market, but where will you find the funding to expand your startup? That’s where a company like OurCrowd steps in.

Since its founding two years ago, OurCrowd of Israel has become a leading global crowdfunding platform for accredited investors. OurCrowd has raised more than $100 million and invested an average of $1.6 million in 56 companies, bringing together contributions from 7,000 investors in 94 countries.

OurCrowd plans to extend its reach through a new partnership with the Maryland/Israel Development Center (MIDC), which is a partner of the Maryland Department of Business and Economic Development (DBED). OurCrowd has pledged to look at Maryland companies for investment opportunities. The MIDC will assist OurCrowd’s portfolio companies with their U.S. market entry. The organization will also help attract them to business opportunities in Maryland and introduce OurCrowd to potential investors.

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