Leading global equity crowdfunding platform OurCrowd said it closed a $72 million Series C funding round, with participation from financial institutions, family offices, and private investors worldwide.

Jerusalem-based OurCrowd has invested to date in 100 portfolio companies and funds on its platform, with total investments exceeding $300 million, raised from about 15,000 investors in over 110 countries. There were nine exits to date from its portfolio companies, two IPOs and seven M&A deals, including ReWalk (NASDAQ: RWLK), Crosswise (bought by Oracle), Replay Technologies (bought by Intel), and NextPeer (bought by Viber).

“OurCrowd has grown exponentially since our launch in 2013 to become the leading global platform for Equity Crowdfunding,” said CEO Jon Medved.

“One half of the round will be invested in the expansion of our 7 global offices, and further developing our technology platform. The other half of the Series C funding will be used to make sure that each and every company which raises funding on our platform receives participating investment from the General Partner on the same terms as the crowd. This new capital will help us hit our goal of investing $1 billion annually by 2020,” he added.

“We look forward to working closely with OurCrowd to further develop their platform to support the startup ecosystem both in Singapore and the broader Asian market,” said Janet Young, managing director of Group Channels and Digitalization at UOB Group, one of Singapore’s leading banks.

“With this new and important Series C funding, we expect to continue this steep growth trajectory, not only gaining more investors and capital worldwide, but most importantly increasing the ‘crowds’ involvement in sourcing and adding value to our remarkable portfolio of companies,” said Geoff Levy, chairman of Monash Private Capital in Sydney, Australia, an OurCrowd investor and member of its advisory board.

“OurCrowd was one of the earliest investors in the SCiO vision. We have grown up together and come a long way, from their initial investment of $325,000 in Consumer Physics to several million dollars invested by OurCrowd into Consumer Physics so far,” said Dror Sharon, CEO of Consumer Physics, maker of SCiO. “But what makes OurCrowd so important for Consumer Physics is not just the money, but the assistance and worldwide connections they make for our company, on a weekly and sometimes daily basis.”

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