OurCrowd vs Republic: Eligibility, What You Own, and Who Does the Diligence

For some investors, and only for part of Republic. OurCrowd sells accredited investors, from $10,000, an interest in a British Virgin Islands partnership that invests in one startup (or in an OurCrowd fund) alongside OurCrowd's own capital. Republic is several products under one brand: Regulation Crowdfunding campaigns through OpenDeal Portal LLC that non-accredited investors can join, Reg A and Reg D offerings involving OpenDeal Broker LLC, accredited-only SPVs, and house products such as the Republic Note and Mirror Tokens. The parts that compete with OurCrowd are Republic's startup offerings: the Reg CF campaigns for most investors, and the accredited-only Reg D deals and SPVs for accredited investors. Republic Capital, its institutional venture firm, is not a retail product, and the house tokens are not startup investments.

Yes, through Regulation Crowdfunding and Regulation A, not through OurCrowd. Republic's help center, as displayed October 24, 2026, says all of its Reg CF and Reg A+ deals are open to both accredited and non-accredited investors. A non-accredited investor's Reg CF total over any 12 months is capped at the greater of $2,500 or 5% of the greater of annual income or net worth if either is under $124,000, or 10% (up to $124,000) if both are at or above $124,000, counted across every Reg CF platform. Reg A+ caps non-accredited investors at 10% of the greater of income or net worth per offering. OurCrowd's offerings are for accredited investors, and qualified purchasers for some funds.

OurCrowd is the investor: it chooses each company, its general partner's investment arm invests alongside every SPV, and it allocates interests at its discretion. Its risk factors also say investors 'cannot rely on' the general partner's due diligence and that it makes no independent investment decision on the merits for them. Republic, for Reg CF, is a funding portal: Regulation Crowdfunding requires it to have a reasonable basis to believe each issuer meets the rules and to run background and regulatory checks on the issuer and its insiders, and it may not give investment advice. Beyond that, Republic says it accepts fewer than 5% of applicants after screening founders, product, traction and mission and reviewing the business, terms and runway. That acceptance rate is Republic's own figure; AltStreet has not verified it.

At OurCrowd, an interest in a vehicle: a limited partnership interest in a BVI partnership that holds the company's securities, with OurCrowd's general partner in control. At Republic it depends on the campaign. Most of Republic's funded Reg CF book has used a SAFE (the Crowd SAFE and its successors), a contract that converts to equity only on defined triggering events and has no maturity date; other campaigns sell common or preferred stock, notes or revenue-sharing instruments, bought directly from the issuer. Many Reg CF securities on Republic are held through a nominee, Republic Investment Services LLC, which can vote and agree to conversions for investors. Republic's accredited SPVs, like OurCrowd's, give you an interest in a vehicle.

OurCrowd, for companies new to its portfolio from 2023: a 10% management fee (2% a year for five years) held in escrow at closing, a 1% organizational fee and a 2% fee reserve, which is 11.5% of the gross commitment in its own $1,130,000 example; then carry of 20% of profit up to 5x and 25% above, measured over the gross amount. Republic Reg CF: an investor administrative fee 'typically 2.5% with a minimum of $5 and maximum cap of $250', which may vary by offering, and no carry on a directly held security; the issuer pays the portal 4% to 7% in cash plus securities equal to 1.5% to 2% of those sold, on the four Form Cs AltStreet read. Republic's accredited SPVs follow its help page's description: a one-time management fee of typically 2%, an organization fee of typically 1% to 3%, and carry such as 20% on smaller checks.

On what AltStreet checked, neither has a located enforcement action. OpenDeal Broker LLC (CRD 291387) showed no disclosures on FINRA BrokerCheck on October 24, 2026, OpenDeal Portal LLC is on FINRA's list of regulated funding portals, and AltStreet located no SEC or FINRA action naming either as of that date. OurCrowd's adviser is an SEC exempt reporting adviser with no disciplinary disclosures on its May 2026 Form ADV, and AltStreet located no regulator action naming OurCrowd. OurCrowd's general partner faces two pending disputes over its own financing, in Michigan and the Cayman Islands; those are allegations, and OurCrowd calls the Cayman claims baseless.

Plan as if not. OurCrowd offers no redemption or market, and interests transfer only with the general partner's consent. Reg CF securities cannot generally be resold for a year under Regulation Crowdfunding's one-year resale restriction; Republic runs a beta secondary feature that, per its help center, takes sell requests for SAFEs only, and its INX venue trades the Republic Note and some tokenized assets, not typical Reg CF positions. In both cases a sale needs a buyer; assume no practical secondary liquidity for typical positions.

It depends on why you are looking. For accredited investors who want single-company SPVs, MicroVentures runs them through a registered broker-dealer, and Republic's accredited-only lane offers SPVs with a one-time fee rather than five years of management fees. For a registered fund open to non-accredited investors, AngelList's USVC is the option AltStreet has reviewed. For direct startup securities without accreditation, the Reg CF portals are Republic, Wefunder and StartEngine. See AltStreet's OurCrowd vs AngelList and OurCrowd vs MicroVentures guides.