Columbia grad and ex-Goldman Sachs exec launch iAngels, an equity platform for Israeli startups

May 9, 2014

From Upstart

Equity investors looking for a path into the burgeoning Israeli tech scene may want to take note of iAngels, a new crowdfunding platform built by a Columbia Business School graduate and a Goldman Sachs veteran.

Mor Assia and Shelly Hod Moyal founded the Tel Aviv-based company last year, and their pitch to Americans during a road show Wednesday goes like this: On their platform, investors can back startups with confidence by piggybacking on the diligence done by “celebrity” Israeli investors such as John Malloy, who made a mint in his early backing of Google-acquired Waze, and Gil Hirsch, the founder of Face.com.

Every company raising money on the site has at least $100,000 in backing from the roster of key investment partners, Assia said. Users of the site can invest between $5,000 and $20,000 in those same companies, which then get rolled into the fundraising round.

Continue Reading

Share

© 2012 Open World Ventures LLC