OurCrowd, global leader in democratization of venture investing, today announced that Founder Jon Medved will transition from CEO to Chairman. Medved will focus on strategic initiatives, including OurCrowd’s global expansion and strengthening the firm’s offerings to back world-leading companies across industries.
OurCrowd also announced the appointment of Cali Chill as Acting CEO & Chief Operating Officer, effective immediately, where he will oversee day-to-day operations, ensuring continuity across the firm’s global investment activity and platform services.
Cali Chill has been with OurCrowd for seven years, holding senior leadership positions across legal operations, funds and investment strategy. He most recently served as Chief Investment Officer and Chair of OurCrowd’s Investment Committee. Under his leadership, OurCrowd has invested in major companies, including Anthropic, Databricks, Scale AI, Safe Superintelligence, Inc., Kodiak Robotics (Nasdaq: KDK), Quantum Machines, Groq and Spacex, as well as leading funds such as NEA, Draper Associates and Lightspeed.
“It is a privilege to take on the role of Acting CEO & Chief Operating Officer at this pivotal moment for OurCrowd,” said Cali Chill. “Having led operations for several departments of our firm since 2019, I know the strength of our platform, our team, and our global community. I am deeply inspired by the vision, technology, and ambition Jon has embedded into the DNA of OurCrowd and I look forward to working closely with him, our leadership team and the entire company to fundamentally reshape a critical part of venture and alternative asset class investing – access by a much wider investor audience.”
Since its founding in 2013, OurCrowd has grown into one of the world’s leading venture investment platforms, with over $2.6 billion in assets under management. The firm provides accredited investors with unique access to venture and other alternative asset class opportunities, once reserved for institutions and insiders.
Under Medved’s leadership, OurCrowd has become a recognized force in venture capital, consistently ranked as Israel’s most active venture investor, with portfolio companies that have grown into household names. This current transition underscores the company’s commitment to building on its strong foundation while pursuing its next phase of growth in global markets. Since inception, OurCrowd counts more than 68 fund positions, 500 investments in portfolio companies and 73 exits, cementing its position in the global innovation ecosystem.
“OurCrowd will continue to democratize venture investing,” said Jon Medved, Chairman of OurCrowd. “As the private market expands, OurCrowd must grow strategically to maintain our leadership in the sector. We will expand access to the most compelling companies and funds of our time while continuing to champion early-stage innovation. We will also leverage the artificial intelligence revolution to reach investors at much greater scale. Cali has been an integral part of OurCrowd’s leadership team for nearly seven years. His proven leadership and deep knowledge of our business make him exceptionally well qualified to assume the Acting CEO role and ensure continuity as we enter our next exciting phase of growth.”
“OurCrowd is at the forefront of democratic access to investing, offering access not only to leading venture capital and alternative asset class funds such as Draper Associates or Neuberger Berman, but direct investments ranging from early-stage startups, and incubators, to sought-after growth companies such as Groq, SpaceX, Anthropic and Databricks,” Cali added. “By providing curated professional access to global venture and other opportunities, OurCrowd is bridging the gap between institutional sophistication and individual investor participation.”
