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 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 funded employees from hundreds of companies, including recently IPOed companies such as Airbnb, Palantir, QuantumScape, Unity, SimilarWeb, and jFrog among others. The platform has a network of some 12,000 investors.
EquityBee is backed by Group 11, Battery Ventures, Latitude, Local Globe, Greenfield Partners, ICON, Oren Zeev Ventures, and others. The company raised $55M in Series B round on Sep 29, 2021. This brings EquityBee's total funding to $83.3M to date.