Israeli Crowfunding Giant to Open Office in Canada


The world’s largest equity crowdfunding platform OurCrowd is setting up shop in Toronto, lured by rock-bottom startup valuations and a technology ecosystem that is starving for investment capital.

At last week’s Canadian Crowdfunding Summit, OurCrowd CEO Jonathan Medved disclosed that his Israel-based firm will open a Toronto office by year’s end.

“We think there is a very much under-served innovation community here, where there are a lot more technology startups, a lot more entrepreneurs, and not enough money,” said Medved, who was a keynote speaker at the inagural summit hosted by the National Crowdfunding Association of Canada at MaRS.

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