Stifel Forms Strategic Partnership With Israel’s Ourcrowd
16 October 2019 - 11:00PM
Stifel Financial Corp. (NYSE: SF) today announced a strategic
partnership with OurCrowd, an Israel-based global venture capital
and crowdfunding platform connecting investors with early-stage,
high-tech companies across industries and geographies. Stifel will
also make a minority investment in OurCrowd.
Under terms of the agreement, Stifel and OurCrowd will establish
a distribution relationship focused on building an investment
offering for Stifel’s accredited investor clients. This will
include offering curated access to both venture capital funds and
individual portfolio companies on a deal-by-deal basis. In
addition, Stifel may provide advisory and related investment
banking services to portfolio companies as needed.
“As companies stay private for longer, we are excited to be
associated with such an innovative platform that is empowering
individual investors to access the ever-expanding venture capital
asset category,” said Ronald J. Kruszewski, Chairman and CEO of
Stifel. “Through this partnership, our clients will gain access to
attractive, early-stage investment opportunities that have been
typically restricted to traditional VC firms and family
offices.”
“Partnering with a leading U.S.-based wealth management and
investment banking firm like Stifel is yet another major step
toward further expanding the OurCrowd brand and investor base,”
noted Jon Medved, Founder and CEO of OurCrowd. “We also look
forward to collaborating with Stifel’s investment and venture
bankers to identify potential ways we can help identify and best
support prospects and portfolio companies.”
Stifel currently operates the seventh largest U.S. retail
brokerage network (among full-service investment firms) with nearly
2,200 advisors nationwide and more than $300 billion in client
assets. The firm also operates the industry’s largest U.S. equity
research platform and employs more than 400 investment banking
professionals with extensive experience across a broad range of
products and industry verticals.
The OurCrowd community consists of almost 37,000 registered
investors from over 183 countries. Rated “the most active venture
investor in Israel” by Pitchbook, OurCrowd has more than $1.28
billion in commitments and has made investments in more than 200
companies and funds. OurCrowd already has 35 exits to date,
including Beyond Meat’s IPO, JUMP Bikes’ sale to Uber, Briefcam’s
sale to Canon, Argus’ sale to Continental, Crosswise’s sale to
Oracle, and Replay’s sale to Intel.
Stifel Company Information Stifel Financial
Corp. (NYSE: SF) is a financial services holding company
headquartered in St. Louis, Missouri, that conducts its banking,
securities, and financial services business through several wholly
owned subsidiaries. Stifel’s broker-dealer clients are served in
the United States through Stifel, Nicolaus & Company,
Incorporated, including its Eaton Partners business division;
Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC;
Century Securities Associates, Inc., and in the United Kingdom and
Europe through Stifel Nicolaus Europe Limited. The Company’s
broker-dealer affiliates provide securities brokerage, investment
banking, trading, investment advisory, and related financial
services to individual investors, professional money managers,
businesses, and municipalities. Stifel Bank and Stifel Bank &
Trust offer a full range of consumer and commercial lending
solutions. Stifel Trust Company, N.A. and Stifel Trust Company
Delaware, N.A. offer trust and related services. To learn more
about Stifel, please visit the Company’s website at
www.stifel.com.
About OurCrowd: OurCrowd is the leading
global equity crowdfunding platform for accredited investors.
Managed by a team of seasoned investment professionals and led by
serial entrepreneur Jon Medved, OurCrowd vets and selects
companies, invests its own capital, and invites its accredited
membership of investors and institutional partners to invest
alongside in these opportunities. OurCrowd provides support to its
portfolio companies, assigns industry experts as mentors, and
creates growth opportunities through its network of strategic
multinational partnerships. The OurCrowd community consists of
almost 37,000 registered investors from over 183 countries. Rated
“the most active venture investor in Israel” by Pitchbook, OurCrowd
has $1.28B in commitments and has made investments in 200 companies
and funds. OurCrowd already has 35 exits to date. OurCrowd exits
include: Beyond Meat’s IPO (NASDAQ:BYND); JUMP Bikes sold to Uber,
Briefcam sold to Canon, Argus sold to Continental, Crosswise sold
to Oracle, and Replay sold to Intel. To join OurCrowd as an
accredited investor, visit www.ourcrowd.com.
Stifel Investor Relations Contact Joel Jeffrey,
+1 212-271-3610 investorrelations@stifel.com
Stifel Media Relations ContactNeil Shapiro, +1
212- 271-3447shapiron@stifel.com
OurCrowd Media Relations ContactEstee Yaari,
+972 50-200-7072estee.yaari@ourcrowd.com
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