The equity crowdfunding platform developer has received $60m from newly minted strategic partner and financial services provider Orix.

Financial services provider Orix has invested $60m in Israel-based equity crowdfunding platform operator OurCrowd as part of a strategic collaboration deal.

OurCrowd runs a venture capital investment platform that allows businesses and individuals to invest in a curated selection of startups across a range of sectors from seed to pre-IPO stage.

The firm’s portfolio includes Lemonade, the online insurance provider with a current market cap of $3.6bn; Klook, the online travel agency that raised $225m in April 2019;…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.