Equitybee News
15 articles
אקוויטי-בי מסדרת אקזיט מוקדם לעובדים - והסיכון למשקיעים גדל
EquityBee, a platform that helps employees leaving a company to finance the realization of their options, is testing a new product. This product not only provides startup employees in Israel and the US with funding to realize their options when leaving the company, but also gives them cash in hand for their shares, even before the startup they work for registers an exit. However, this new model is seen as risky for investors.
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Oren Barzilai: CEO at EquityBee Comments on Employee Sentiments Towards Stock Options at Startups
Equitybee Appoints Susan Woodard as Chief Compliance Officer and CEO of Equitybee Securities
Equitybee lays off 20% of workforce, stinging employees | CTech
Equitybee, a startup that operates a marketplace for employees to find investors for exercising their stock options, is laying off 20% of its workforce. The company has raised $85 million to date and its investors include Dovi Frances’ Group 11 fund, Battery Ventures, Altair Growth Ventures, ICON, Local Globe’s Fund - Latitude, and Greenfield Partners. The layoffs will affect 25 employees out of approximately 130 in Israel and the U.S. Equitybee will now focus its efforts on the U.S. market and high-demand companies, while continuing its business activity in Israel. The company aims to assist employees from those companies in realizing their options. Despite the layoffs, Equitybee will maintain its level of customer service.
Layoffs
הסטארטאפ Equitybee מגייס 50 עובדים - וואלה! כסף
Equitybee, a startup that enables employees to finance the exercise of their options and become shareholders, is expanding and plans to recruit 50 new employees in its offices in Tel Aviv and Palo Alto. The company has raised $87 million since its inception in 2018. The company is growing and expanding in all departments, including development, data, marketing, product, legal, and finance with a wide range of roles including senior management positions. The company recently completed a rebranding process that involved all departments in the company.
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EquityBee secures $55 million in B round
EquityBee, an Israeli start-up, has secured $55 million in its Series B round led by Dovi Frances’ Group 11 fund. The company offers a marketplace where startup employees can find investors to exercise their stock options in return for a part of the potential future gains. The total capital raised from investors on EquityBees platform increased by 500% in Q2 2021 compared to the same period last year. The number of users and the investor community also experienced significant growth. The new investment round brings EquityBees total capital raised in 2021 to $75 million and a total of $83 million since its inception.
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EquityBee raises $20M to help startup employees actually afford their stock options
EquityBee, a stock option marketplace startup, has raised $20 million in a Series A funding round led by Group 11. The company provides capital to startup employees to purchase stock options and educate them on the meaning of their options. It aims to help employees exercise their options before they expire and provide funds for exercising and taxes. EquityBee saw significant growth in 2020, raising over 560% more funding and funding a 360% increase in individual employees. The funding will be used for hiring and expanding product offerings. Investors in EquityBee include Group 11, Oren Zeev Ventures, Battery Ventures, ICON Continuity Fund, and Adam Neumann.
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EquityBee's 36-year-old CEO saw friends and colleagues lose access to their stock options. He launched a startup to help them and used this pitch deck to raise $6.6 million.
EquityBee, a platform that helps connect startup employees with investors to exercise their stock options, has raised $6.6 million in funding. The company is expanding to the US. Many startup employees face the hurdle of not having enough cash to exercise their stock options, which can be valuable. EquityBee aims to connect employees with investors who can finance the exercise of their options. The platform allows employees to share a percentage of the proceeds from the shares when the startup goes public or is acquired. The funding round was led by Battery Ventures.
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Stock Option Marketplace EquityBee Raises $6.6 Million
EquityBee Inc., a stock options marketplace, has raised a $6.6 million series A funding round led by Group 11, with participation from Battery Ventures and LocalGlobe. The company has also opened offices in Silicon Valley to expand its services in the U.S. EquityBee offers a platform for startup employees to find investors who can help them exercise their stock options in exchange for a share of potential future gains. The funding round and office expansion indicate positive growth for EquityBee.
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Monday.com, Innoviz, WalkMe Most Popular on Israeli Stock Option Marketplace EquityBee
EquityBee, a stock option marketplace, announced that Monday.com Labs Ltd., Innoviz Technologies Ltd., and WalkMe Inc. were the most sought-after companies on their platform in 2019. EquityBee offers a marketplace where startup employees can find investors to help them exercise their stock options. The platform allows employees to find investors who can provide the necessary funds to exercise their stock options in return for a part in future gains. The article also lists the top ten most popular companies on EquityBees platform, including Monday.com, Innoviz Technologies, WalkMe, Payoneer, Zerto, OrCam, JFrog, Magic Leap, SimilarWeb, and IronSource.
Customers
Breaking the golden cage: This Israeli company lets workers quit and keep their options, too
EquityBee, an Israeli startup, is providing a platform that allows high-tech workers to obtain funding to cash in on their stock options without taking on the accompanying risk. The platform connects investors with departing employees, enabling them to benefit from any future payoffs. EquityBee charges a fee to investors when the options are initially cashed in for shares, and charges both the investor and the former employee a fee if the company has an exit. The company has raised $1.7 million in funding from private investors, including Adam Neumann and Shaul Olmert. EquityBee plans to expand into the United States in the near future. The article discusses the changing role of stock options in the high-tech industry and the conflict faced by employees who are unable to cash in on their options.
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WalkMe, JFrog, and Zerto Lead the Pack on Israeli Stock Option Marketplace
EquityBee, a company that helps startup employees exercise stock options, has ranked the 10 most popular companies on its service. WalkMe Inc., JFrog Ltd., and Zerto Ltd. are the most sought-after companies on EquityBees stock option marketplace. EquityBee has developed an online service to assist startup employees in exercising their stock options and finding investors. The company previously announced a $1.5 million seed round led by WeWork co-founder and CEO Adam Neumann. The article lists the top 10 companies on EquityBees platform, including WalkMe, JFrog, Zerto, Fiverr, Innoviz Technologies, Via Transportation, Monday.com, Cato Networks, Gong.io, and Houzz. The article also mentions the acquisitions made by WalkMe and JFrog, as well as the investment raised by Fiverr.
Customers
Income Taxing of Options Applies to a Small Share of Israeli Tech Employees
A recent memo by the Israeli tax authority clarified the taxation of exercised employee stock options in Israel. The memo outlined situations in which employees exercising their options will pay an income tax on their gains instead of a capital gains tax. However, the high rate of tax will only be applied to a very limited number of tech employees in the country. Out of 500 employee option plans reviewed across around 90 private companies, only three employees had plans that could potentially fall under the purview of the new memo. EquityBee, a marketplace for startup employees to find investors for exercising their stock options, reported that 99.4% of the plans they reviewed had a vesting period spread over four years. In November, the tax authority also announced that employees who exercise options while out of Israel on relocation will still be taxed in Israel.
Customers
Adam Neumann leads $1.5m seed round in EquityBee
EquityBee, an Israeli stock option marketplace startup, has raised $1.5 million in a seed round led by Adam Neumann and other investors. The company has developed a platform to help startup employees exercise their stock options before they expire. With the funding, EquityBee plans to expand its operations to the US, where the market is estimated at $60 billion annually. The company aims to hire ten more employees to support its growth.
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WeWork's Adam Neumann Invests in Stock Option Marketplace EquityBee
EquityBee, a startup that offers a marketplace for employees to find investors for exercising their stock options, has raised $1.5 million in a Seed round led by WeWork founder Adam Neumann. Other investors in the round include WeWork senior vice president Ron Gura, Tamir Carmel of 10bis.co.il, Shaul Olmert of Playbuzz, and Oren Abekasis. EquityBee plans to use the funding to launch operations in the U.S. The company currently has seven employees.
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