EquityBee is a startup employees stock options funding solution which enables startup employees to obtain the capital needed to exercise their stock options.
EquityBee gives individual investors the opportunity to help startup employees fund the often-exorbitant cost associated with exercising their stock options - a figure that for some employees can reach hundreds of thousands of dollars.
EquityBee was founded in 2017 by Oren Barzilai, Oded Golan, and Mody Radashkovich. The company is headquartered in Tel Aviv, Israel, with an office in San Mateo, California.
EquityBee's mission is to allow all startup builders to participate in the success of the company they helped build by providing them with the best funding solution to own their equity.
EquityBee's solution reduces the risks employees would otherwise have and provides investors with unique access to startup investing. Its Investor Community provides startup builders the capital they need to become shareholders in return for a share in their potential future gains.
EquityBee has taken over the Israeli market and brings its global experience to the U.S.: In the past year alone, EquityBee has helped hundreds of employees from more than one hundred different companies including Taboola, MyHeritage, SimilarWeb, MagicLeap, IronSource and many more.
EquityBee is backed by Group11, Battery Ventures, LocalGlobe and others. The company raised $6.6M in a Series A round on Feb 11, 2020. This brings EquityBee's total funding to $8.3M to date.