How Much Did Orbiter Raise?
Funding & Key Investors

Orbiter has successfully secured a significant capital injection, bringing its total funding to $31K. This latest financing round, which contributed $31K in substantial expansion capital, underscores the company's robust trajectory within the specialized event technology sector. By leveraging this investment, Orbiter is positioned to accelerate its operational footprint and solidify its standing as a premier provider of high-precision timing solutions.

What is Orbiter?

Orbiter
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Orbiter Inc. operates at the intersection of sports technology and logistics, specializing in advanced RFID race chip timing systems. The company has disrupted the traditional event management landscape by eliminating the requirement for cumbersome cords or mats, thereby streamlining the deployment process for race organizers, educational institutions, and military fitness programs. By offering a versatile, user-friendly platform that caters to both professional event managers and novice fundraisers, Orbiter has effectively democratized access to high-fidelity performance data. Their commitment to innovation and reliability has established the firm as a critical infrastructure provider in the global race timing industry, facilitating seamless execution for diverse athletic and fitness assessments.

How much funding has Orbiter raised?

Orbiter has raised a total of $31K across 1 funding round:

2021

Debt

$31K

Debt (2021): $31K with participation from PPP

Key Investors in Orbiter

PPP

Public-Private Partnership

What's next for Orbiter?

With the infusion of this recent capital, Orbiter is expected to prioritize the scaling of its rental infrastructure and the enhancement of its proprietary RFID hardware. The strategic focus will likely shift toward expanding market penetration in the military and educational sectors, where demand for automated, accurate fitness tracking is rising. As the company matures through its current growth stage, management will likely emphasize operational efficiency and the development of integrated software ecosystems to further differentiate its offering from legacy timing providers. This financial backing provides the necessary runway to explore new geographic markets and invest in next-generation sensor technology, ensuring Orbiter remains at the forefront of the event timing market.

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Frequently Asked Questions Regarding Orbiter Financial Insights

What are the most recent funding rounds that Orbiter has completed, and what were the funding rounds?
Orbiter has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding Orbiter has raised to date?
Orbiter has raised a total of $31K in funding to date.
How many funding rounds has Orbiter completed?
Orbiter has completed 1 funding rounds.
How much funding did Orbiter raise in its most recent funding round?
Orbiter raised $31K in its most recent funding round.
Who are the lead investors in Orbiter's latest funding round?
The lead investor in Orbiter's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Orbiter's history?
The largest funding round in Orbiter's history was $31K.
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