September 26, 2017
Figures published today by the IVC Research Center show increasing use of crowdfunding in high tech. IVC reports that 145 startups have raised a total of $197 million through crowdfunding over the past five years. The figures also show that 17 of the companies that utilized crowdfunding, 12%, have had successful exits. Israel currently has nine different platforms accommodating investments in technology companies through crowdfunding, two of which are foreign. The largest player in this market is the OurCrowd fund.
OurCrowd accounted for 58% of the number of crowdfunding investments and 81% of the total amount raised through this instrument. IVC notes that 2015 was the best year for crowdfunding, with 50 startups raising an aggregate of $57 million through crowdfunding out of $298 million in total capital raised by those companies, meaning that crowdfunding accounted for 19% of all the capital raised by those companies.