OurCrowd, Israel’s most active venture investor, announced that Yuval Illuz has joined the company as Chief Operating Officer. Illuz will serve as a key addition to OurCrowd’s leadership team and drive future growth to the platform’s almost quarter of a million global investor base and 460 portfolio companies.
Illuz brings a wealth of experience and expertise to OurCrowd with an extensive technology and business leadership background. His career includes notable roles including Operating Member and CTO at SC Ventures, a division of Standard Chartered Bank focused on innovation and disruptive financial technologies. Additionally, Yuval has served as Group CISO and COO for Trust, Data & Resilience at Standard Chartered, and as Executive General Manager and Chief Information Security & Trust Officer at Commonwealth Bank. He has also built successful startups as an entrepreneur and senior executive.
OurCrowd also announced that Josh Wolff, who led the company’s growth as Chief Operating Officer over the last nine years, has been newly named Chief Strategy Officer.
"We are extremely excited that Yuval is joining OurCrowd as Chief Operating Officer," OurCrowd CEO Jon Medved said. "He is respected in both the tech and business sectors in Israel and globally and we are fortunate that he is bringing his extensive knowledge and relationships to help enhance the OurCrowd footprint."
OurCrowd was recently named Israel’s most active investor in Israeli venture funding in H1 2024 by IVC-Gornitzky-KPMG, with 16 first-time startup investments. PitchBook data shows that OurCrowd has been Israel’s most active venture investor every year since 2013.
"I am excited to join OurCrowd and collaborate with a dynamic and talented team that is redefining the landscape of venture capital," Yuval Illuz said. "OurCrowd's innovative approach to funding and fostering groundbreaking technologies aligns perfectly with my passion for supporting startups and emerging technology, and driving business transformation. I look forward to contributing my expertise in technology, AI, cybersecurity, and business strategy to help accelerate the growth of pioneering companies across industries."
As of September 2024, OurCrowd has over $2.3 billion in commitments, and deployed capital into more than 460 portfolio companies and 57 funds across five continents, with 65 exits.
