Venture capital firm OurCrowd has appointed Cali Chill as chief executive officer, formally placing the seven-year company veteran at the head of the Jerusalem-based venture investment platform after he served as acting CEO since mid-2025.

Chill had been serving as acting CEO and chief operating officer after OurCrowd founder Jon Medved stepped back from day-to-day management for medical reasons. The company’s board of directors has now appointed Chill to the role on a permanent basis, OurCrowd announced Tuesday.

“I am honored to lead the next chapter of the OurCrowd story,” Chill told The Jerusalem Post. “The company is made up of some extremely talented and hard-working people, and it will be thanks to their true dedication and unwavering commitment that we take the OurCrowd investment platform to new heights.”

Chill added that he was “energized by what we can all build together from here.”

Company working to introduce more AI tools into its investment and asset-management process

The formal appointment follows a year in which OurCrowd said its leadership team focused on stabilizing operations, narrowing its investment strategy toward fewer high-conviction deals and assessing options for monetizing parts of its existing portfolio. The company has also been working to introduce more artificial intelligence-based tools into its investment and asset-management processes.

Artificial Intelligence (Illustrative).
Artificial Intelligence (Illustrative). (credit: INGIMAGE)

Earlier this month, OurCrowd announced one of the largest exits in its portfolio after Visa agreed to acquire Israeli fraud-prevention company BioCatch in a deal reportedly valued at $2.4 billion.

OurCrowd was an early investor in BioCatch and continued investing in the company as it grew. The acquisition remains subject to regulatory approvals and other customary closing conditions and is expected to close by the end of Visa’s fiscal second quarter of 2027.

Ben Plotkin, chairman of OurCrowd’s board of directors, said the board had been encouraged by the company’s performance since Chill took over its day-to-day management.

'I am excited about OurCrowd’s prospects'

“I am very pleased with the company’s progress and accomplishments over the past several quarters,” Plotkin said. “Since Cali took charge of the operation, the firm has been managed with increasing financial discipline and operational focus.”

“Having worked closely with Cali since the leadership transition of 2025, I am excited about OurCrowd’s prospects, and the board has full confidence in Cali’s ability to lead the firm through this next chapter,” he added.

Chill joined OurCrowd seven years ago as general counsel and later served as chief legal officer. He subsequently became head of funds, overseeing the company’s in-house and third-party investment funds, before serving as chief investment officer and chairman of OurCrowd’s investment committee.

Before joining OurCrowd, Chill served as general counsel of Nasdaq-listed Answers Corporation and AFCV Holdings, a private-equity-backed technology investor.