Jonathan Medved, one of Israel’s best recognized serial entrepreneur, spoke to a large audience of investors. This program is one of a series planned by the AICC Capital Funding Connector chaired by Randall Foster of Focus Bankers, to encourage awareness and investment of Americans in Israeli companies and to promote investment in Israeli businesses. The Connector has identified four planks for the committee’s core program of work:
- Build a community of interested parties to network around Israel investment;
- Educate the broader community about ways to invest in Israel connected businesses,
- Create an awareness of investment opportunities and connect investors with a variety of vehicles; and
- Assist individual Israeli companies seeking capital where possible.
Medved, founder and CEO of OurCrowd, a new crowdfunding platform for accredited investors and angels, focused his presentation on investing in Israeli startups and highlighted OurCrowd which, according to Forbes, is “one of the largest crowdfunding organizations on the planet” having raised over $26M for 30 portfolio companies since its launch in February 2013. Bloomberg Business Week said that OurCrowd “has blown up the exclusivity around tech fundraising” and the Jerusalem Post added that “It has taken OurCrowd only a matter of months to become one of Israel’s most active funds”. TheStreet.com said that OurCrowd is “Crowdfunding for Real Investors.” Medved introduced three portfolio companies Highcon, Surgical Theater and Abesmarket.com. The following day, Jon presented at a special breakfast meeting hosted by Greenberg Traurig to a group of the Chamber’s young leadership.
According to the Washington Post (Dec 5, 2007) Jonathan Medved is “one of Israel’s leading high tech venture capitalists” and was named “one of the top 10 most influential Americans” who have impacted Israel by the New York Times. Jonathan Medved has been both an entrepreneur and investor: He has been part of the founding teams at several successful Israeli startups, and as a venture and angel investor over the past two decades he invested in over 130 Israeli startup companies, helping to bring 11 of them to values in excess of $100 Million. Between 2006-2012, Medved was the co-founder and CEO of Vringo, a leader in the innovation, development and monetization of mobile technologies and intellectual property. Medved led Vringo to a successful completion of its IPO in June 2010.
Saul Singer and Dan Senor, in their best-selling book, Start-up Nation describe Medved as “one of Israel’s legendary business ambassadors….(he) has taken on a role that — in any other country — would typically belong to the local Chamber of Commerce, Minister of Trade, or Foreign Secretary”.