Oxx partners with OurCrowd
LONDON, STOCKHOLM and TEL AVIV, Israel, November 29, 2017
Oxx, the growth capital investment firm focussed on B2B software companies, is pleased to announce that it has entered into a strategic partnership with OurCrowd, the leading global equity crowdfunding platform.
The strategic partnership will provide Oxx’s investors and portfolio companies with access to OurCrowd’s 20,000 strong investor network in 110 countries around the world, increase Oxx’s due diligence capabilities by pooling resources and also provide both firms with an expanded research capability. OurCrowd’s “crowd” will also have access to Oxx’s growing portfolio of leading scale-up b2b software companies.
Oxx’s focus on significant growth stage investments in B2B software companies dovetails nicely with OurCrowd’s existing portfolio of 120+ emerging companies. Moreover the geographical focus of Oxx on the UK, Scandinavia and Israel compliments the Israel Headquarters and global presence of OurCrowd.
Richard Anton, Oxx General Partner, said: “OurCrowd is a world-class firm with an unrivalled position in the market. Enabling our fund to access OurCrowd’s large pool of technology experts and investors will be a huge benefit to our fund and portfolio. In addition, OurCrowd has honed over time, a top quality due diligence and research function, which when combined with our expertise will enable both firms to significantly enhance our ability to produce top quality data and to uncover the best companies in which to invest.”
Jon Medved, CEO of OurCrowd, said: “Having watched the Oxx partners build hugely successful companies over the past two decades, we are delighted to get a chance to work together on the next generation of global software innovation leaders. Bringing together these smart investment teams from tech hotspots such as London, Stockholm and Israel is a great recipe for turning startups into scaleups.”
OurCrowd is the leading global equity crowdfunding platform for accredited investors. Managed by a team of seasoned investment professionals and led by serial entrepreneur Jon Medved, OurCrowd vets and selects opportunities, invests its own capital, and brings companies to its accredited membership of global investors.