OurCrowd, Israel's leading venture capital investment platform, has named Or Alon as Partner and Head of Funds.
Alon will oversee the company’s fast-expanding Funds Division, managing $800 million in assets across 57 funds, with a goal of reaching $1 billion by 2025.
OurCrowd's Funds Division includes:
- Externally-Led GP Funds: $237 million invested in 30 VC funds, including Blumberg Capital, Glilot+, and others.
- Internally-Led GP Funds: $420 million raised across 21 funds focusing on AI, Cybersecurity, and other sectors.
- Alternative Investment Funds: $60 million invested in Private Equity and Venture Debt funds.
- Co-Investments: $144 million across 96 rounds with partners like Andreessen Horowitz (a16z) and Sequoia Capital.
Alon joined OurCrowd in 2021 and brings extensive experience, including his previous role at Silicon Valley Bank.
“Our fund investments have become a cornerstone of our platform,” said Jon Medved, CEO of OurCrowd. “With Or Alon leading, we aim to reach $2.5 billion in total commitments by 2025.”
OurCrowd has raised over $2.3 billion from 240,000 investors across 195 countries, investing in 460 companies and achieving 65 exits, including IPOs like Beyond Meat and acquisitions by Uber, Microsoft, and Oracle.
“The alternative investments sector, relatively new to us, offers significant opportunities, and we plan to expand in this area substantially in the near future, alongside the growth of our other fund types," commented said Alon. "Our deep partnerships with venture capital funds, including co-investments, are a major catalyst for additional high-quality investments and are synergistic with our existing investment activities.”
