OurCrowd Jobs Index Confirms Startups Increase Hiring Despite Lingering Pandemic
Summary
JERUSALEM--(BUSINESS WIRE)--The Quarterly OurCrowd Jobs Index released today indicates that OurCrowd-backed high-tech startups are seeking to fill hundreds of positions despite record-high unemployment in the overall economy. OurCrowd Partner and Head of Business Development, Laly David, said: “We are thrilled to see the growth and job creation taking place within our portfolio companies. “Memic will enhance its research and operational capabilities to expand targeted applications and surgical disciplines, adding software developers, artificial intelligence experts, project managers, and mechanical and systems engineers.” Even as COVID-19 vaccines are being rolled out in Israel and elsewhere, only a small fraction, 14.3%, of surveyed portfolio companies, expect all their employees will be back in the workplace by July 1, 2021. OurCrowd’s network includes 70,000 individual accredited and institutional investors, family offices, and venture capital partners from over 195 countries. Rated by PitchBook as the most active venture investor in Israel, OurCrowd portfolio companies have been acquired by some of the most prestigious brands in the world, including Microsoft, Uber, Canon, Oracle, Nike, and Intel.