--- title: OurCrowd Investor Glossary description: In this post, you'll find a glossary of key terms and definitions for OurCrowd investors. image: https://knowledge.ourcrowd.com/hubfs/25_%20OC%20investor%20Glossary.jpg --- [![OurCrowd Logo Knowledge-1](https://knowledge.ourcrowd.com/hs-fs/hubfs/OurCrowd%20Logo%20Knowledge-1.png?width=1323&name=OurCrowd%20Logo%20Knowledge-1.png "OurCrowd Logo Knowledge-1")](https://knowledge.ourcrowd.com/) - Invest - [Opportunities](https://www.ourcrowd.com/opportunities) - [How to Invest](https://www.ourcrowd.com/how-to-invest) - Portfolio - [Funded Portfolio](https://www.ourcrowd.com/funded-portfolio) - [Exits](https://www.ourcrowd.com/exits) - [Startup Application](https://www.ourcrowd.com/company/apply) - Network - [For Corporations](https://www.ourcrowd.com/strategic-collaboration-program) - [OurTalent](https://ourtalent.ourcrowd.com/) - [Success Stories](http://ournetwork.ourcrowd.com/success-stories/) - About Us - [About OurCrowd](https://www.ourcrowd.com/about) - [Team](https://www.ourcrowd.com/our-team) - [News](https://www.ourcrowd.com/ourcrowd-news) - [Blog](http://blog.ourcrowd.com/) - [Careers](http://careers.ourcrowd.com/) - [Contact Us](https://www.ourcrowd.com/offices/israel) - Events - [Global Investor Summit](http://summit.ourcrowd.com/) - [Events Calendar](http://events.ourcrowd.com/) - [Join](https://www.ourcrowd.com/join/register) - [Sign In](https://www.ourcrowd.com/signin) ![main pic](https://knowledge.ourcrowd.com/hs-fs/hubfs/main%20pic.png?width=2000&name=main%20pic.png "main pic") # [Knowledge Center](https://knowledge.ourcrowd.com/) #### [Get Started](https://knowledge.ourcrowd.com/topic/get-started) # [OurCrowd Investor Glossary](https://knowledge.ourcrowd.com/ourcrowd-investor-glossary) ![close](https://cdn2.hubspot.net/hubfs/2432204/AK-UI%20Builder/close-button.svg) ### Popular Stories [OurCrowd FAQs](https://knowledge.ourcrowd.com/faqs) Nov 18, 2018 [How OurCrowd Chooses Startup Investments](https://knowledge.ourcrowd.com/how-ourcrowd-chooses-startup-investments) Nov 19, 2018 [Invest in Venture Capital With a Self-Directed IRA](https://knowledge.ourcrowd.com/invest-in-venture-capital-with-a-self-directed-ira) Aug 08, 2019 [Investing in Venture Funds with OurCrowd](https://knowledge.ourcrowd.com/investing-in-venture-funds-with-ourcrowd) Nov 28, 2018 [Learn About the Different Ways to Build a Portfolio on OurCrowd](https://knowledge.ourcrowd.com/learn-about-the-different-ways-to-build-a-portfolio-on-ourcrowd) Nov 19, 2018 ### Categories - [Startup Investing 101 (16)](https://knowledge.ourcrowd.com/tag/startup-investing-101) - [About OurCrowd (6)](https://knowledge.ourcrowd.com/tag/about-ourcrowd) - [Get Started (4)](https://knowledge.ourcrowd.com/tag/get-started) - [Tech Sectors (4)](https://knowledge.ourcrowd.com/tag/tech-sectors) - - - Written by OurCrowd Below you will find a glossary of terms and definitions for OurCrowd's seasoned and rookie investors alike: #### Current Portfolio **Total Invested In Active Portfolio:** Total cash invested in active SPVs, Funds and GP vehicles, excluding Portfolio Reserve balance and amount pending deal closure. **Fair Value:** Total current estimated fair value of active SPVs, Funds and GP vehicles. **Portfolio Reserve Balance:** Undeployed Portfolio Reserve capital available for investment. **Pending Deal Closure:** Cash advanced to SPVs in respect of investment transactions that had not yet been legally completed and closed by the end of the quarter. **Pending Capital Calls:** Unfunded capital commitments to Funds that will be called in the future.   #### Investments in Active Company SPVs **SPV:** OurCrowd managed Special Purpose Vehicle partnership. Company - OurCrowd Portfolio Company in which an investment has been made through an OurCrowd SPV. **Security Type:** Type of equity / debt securities purchased by an OurCrowd SPV in which the investor has invested. **Date:** Date on which the OurCrowd SPV made the investment in the Portfolio Company. **Amount:** Gross amount invested in the SPV by the investor. **Effective Ownership of Company:** Portion of the portfolio company’s total equity attributable to the investor through their holding in an SPV. Ownership portions in respect to investments in convertible loans (“CLA”) for which the attributable ownership is to be determined at a later date pending conversion of the loan, are noted as TBD (to be determined). **Fair Value (including fee reserve):** OurCrowd’s estimation of the fair market valuation in the portfolio company including the remaining fee reserve at the reporting date. **Multiple:** The value calculated by dividing the investment’s fair value by the amount invested. Any changes of 10% or higher in the multiple since the last quarter will be indicated in corresponding colors (green/red).   #### Exits **Company:** OurCrowd Portfolio Company that have exited (acquired or IPO’d) or have been closed. **Investment Date:** Date on which the OurCrowd SPV made the investment in the Portfolio Company. **Investment Amount:** Gross amount invested in the SPV by the investor. **Exit Date:** Date on which the exit has finalized or IPO held (or end of IPO lock up period where applicable). **Exit Proceeds to Date:** Amounts received in respect of the exit that have been distributed to investors. **Estimated Future Proceed:** Amounts to be received in the future in respect of exits including release of escrow withholdings and milestone payments. **Total Value:** The total of Exit Proceeds to Date and Estimated Future Proceed (as defined above in this section).   #### Historical Statement **Total Invested to Date:** Total amount of investments in active and non-active portfolio, excluding cash. **Total Value:** Total value of active investments and proceeds from exits (including amounts of future proceeds not yet received or distributed) excluding cash held by custodian. **Multiple:** The value calculated by dividing the Total Value by the Total Invested to Date. **Next Step:** [![Create Free Account](https://no-cache.hubspot.com/cta/default/353882/d4391561-66c6-4b7b-b968-ff0802c55648.png)](https://cta-redirect.hubspot.com/cta/redirect/353882/d4391561-66c6-4b7b-b968-ff0802c55648) ![Subscribe](https://cdn2.hubspot.net/hubfs/2432204/99%20Template%20Pack/Background%20Images/message.svg "Subscribe") ### Weekly startup news, in your inbox. ### You may also like: [Get Started](https://knowledge.ourcrowd.com/topic/get-started) ## [Watch: How to Navigate Investment Material on OurCrowd](https://knowledge.ourcrowd.com/watch-how-to-navigate-investment-material-on-ourcrowd) Welcome to OurCrowd! [Get Started](https://knowledge.ourcrowd.com/topic/get-started) ## [Watch: Navigate the OurCrowd Website](https://knowledge.ourcrowd.com/watch-navigate-the-ourcrowd-website) Watch the video or read the instructions below to learn about accessing the OurCrowd platform, browsing funding startups... [Get Started](https://knowledge.ourcrowd.com/topic/get-started) ## [OurCrowd FAQs](https://knowledge.ourcrowd.com/faqs) Investing with OurCrowd How does OurCrowd's investment process work? Through our extensive and growing network, OurCrowd... ![main pic](https://knowledge.ourcrowd.com/hs-fs/hubfs/main%20pic.png?width=2000&name=main%20pic.png "main pic") ## Weekly startup news, in your inbox Subscribe to receive a weekly curated roundup of top tech news from the desk of OurCrowd CEO Jon Medved. ![logo_TM](https://knowledge.ourcrowd.com/hs-fs/hubfs/Company_logos/logo_TM.png?width=292&name=logo_TM.png "logo_TM") OurCrowd is a global investment platform, bringing venture capital opportunities to accredited investors worldwide. A leader in equity crowdfunding, OurCrowd is managed by a team of seasoned investment professionals. OurCrowd vets and selects companies, invests its own capital, and invites its accredited membership of investors and institutional partners to invest alongside in these opportunities. OurCrowd provides support to its portfolio companies, assigns industry experts as mentors, and creates growth opportunities through its network of strategic multinational partnerships. ##### Explore [Opportunities](https://www.ourcrowd.com/funding-now) [Funded Portfolio](https://www.ourcrowd.com/funded-portfolio) [For Corporations](https://www.ourcrowd.com/strategic-collaboration-program) [Labs/02](http://www.labs02.com/) ##### Discover [How to Invest](https://www.ourcrowd.com/how-to-invest) [About OurCrowd](https://www.ourcrowd.com/about) [FAQ](https://www.ourcrowd.com/faq) [News](https://www.ourcrowd.com/ourcrowd-news) [Portfolio Insights](http://insights.ourcrowd.com/) [Blog](http://blog.ourcrowd.com/) ##### Connect [Contact Us](https://www.ourcrowd.com/offices/israel) [Startup Application](https://www.ourcrowd.com/company/apply) [Events Calendar](http://events.ourcrowd.com/) [Global Investor Summit](http://summit.ourcrowd.com/) Copyright © 2012-2019. All rights reserved.    **[Privacy Policy |](https://www.ourcrowd.com/privacy) [Terms Of Use |](https://www.ourcrowd.com/terms) [Disclaimer |](https://www.ourcrowd.com/disclaimer) [Internet Security](https://www.ourcrowd.com/internet-security)** Nothing on this website should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by ourcrowd or any third party. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. Investors and users should consult with licensed legal professionals and investment advisors for any legal, tax, insurance, or investment advice. Please [click here](https://www.ourcrowd.com/disclaimer) for additional details.