Campaign offers exclusive chance to invest in the next 50 OurCrowd opportunities
NEO is proud to announce that global venture investing platform OurCrowd is providing investors with unprecedented access to their top deals with the launch of the OurCrowd Portfolio Index Fund (“OC50”) on NEO Connect, under the ticker symbol OCVII. Powered by NEO technology, NEO Connect makes transactions in private companies, private funds, and other investment vehicles easier for participating dealers, financial advisors, companies with private listings, and their investors.
OurCrowd is a global venture investing platform, based in Israel, that empowers individuals and institutions to invest in private companies. OurCrowd builds value for its portfolio companies by offering mentorship, recruiting industry advisors, navigating follow on rounds, and creating growth opportunities through partnerships with global financial leaders.
The OC50 Fund is a diversified investment vehicle that provides broad exposure to the venture capital asset class within a single investment. The fund manages concentration risks and aims to deliver consistent returns through diversification by sector, stage, and geography. The private placement offering for OC50 on NEO Connect offers a unique opportunity for accredited investors to gain access to venture deals previously reserved for institutional investors and venture capitalists, at low investment minimums.
“OurCrowd, one of the leading VC investment platforms globally, is delighted to join forces with NEO, a world-class partner, to execute our mission and democratize access to Venture Capital for broker-dealers in Canada,” commented Gonen Hollander, Director of Investor Relations - Canada at OurCrowd. “With NEO, we are planning to offer a wide range of OM funds and single-name private investment opportunities in leading-edge technologies while increasing transparency and reducing costs. Starting with OC50, OurCrowd’s flagship product, was an obvious choice. OC50 provides immediate access to 50 private technology companies and is highly diversified across sectors, stages, and geography. Using the OC50 Fund, portfolio managers and financial advisors can allocate to venture capital in a systematic way like never before.”
Launched in 2016, NEO Connect has experienced rapid growth within the IIROC and MFDA community, raising more than $2Bn across 125 listings. The centralized, multi-asset distribution platform is available to advisors, dealer networks, and asset managers who want more efficient and lower cost transactions for assets not listed on a stock exchange, including mutual funds, OM funds, and private companies. An initial test trade for Dealers can typically be organized and executed within 24 hours.
“Disruption through bold innovation is a common value shared by OurCrowd, the private companies contained within OC50, and NEO,” stated Erik Sloane, Chief Revenue Officer of NEO. “OurCrowd’s OC50 campaign on NEO Connect is a convenient way to round out stock picking in private companies while managing risk. It’s a lighthouse example of the unique and exceptional opportunities available to all Canadian investors, which previously, were only accessible to the very few. The NEO Connect platform has made it possible by democratizing and digitizing the private markets ecosystem - that’s something to be proud of.”
The Fund is available under the ticker OCVII on existing advisor order entry systems. To learn more, contact Gonen Hollander at 416.799.7232 or at gonen.hollander@ourcrowd.com. Advisors can also find details of the OC50 Fund on NEO’s partner, DealSquare, which provides company and fund information as well as the ability to complete required subscription documents directly from the DealSquare platform. Registration is required - advisor use only.
About NEO
NEO, a Cboe Global Markets Company, is a group of established fintech companies that provide capital markets infrastructure designed for and led by the industry. NEO’s competitive drive, innovation, and advocacy enable change for the better. The NEO Exchange is a progressive stock exchange that brings together investors and capital raisers within a fair, efficient, and service-oriented environment; and NEO Connect, is a platform that enables the distribution of financial assets not listed on a stock exchange in a way that saves costs, reduces operational risks, and improves the investor experience.
Connect with NEO: Website | LinkedIn | Twitter | Instagram | Facebook
About OurCrowd
OurCrowd is the online global venture investing platform that empowers individual accredited investors and institutions to invest and engage in emerging technology companies at an early stage. Since it was founded in 2013, OurCrowd has received over $1.9 billion in commitments, and deployed capital into more than 347 portfolio companies and 39 funds across five continents. OurCrowd’s startups have recorded 59 exits to date. Acclaimed by PitchBook as the most active venture investor in Israel, OurCrowd vets and selects companies across all sectors and stages, invests its own capital, and serves its global platform of over 215,000 registered members from 195 countries. OurCrowd operates in Canada through OurCrowd Canada Inc., an exempt market dealer registered in the Provinces of Ontario, British Colombia, Alberta, Manitoba, Quebec and Nova Scotia.
Connect with OurCrowd: Website | LinkedIn | Twitter | Instagram | Facebook
View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005245/en/
Contacts
NEO Media Contact:
Aimee Morita
media@neostockexchange.com