What is Oriient?
Oriient specializes in providing highly accurate, software-only indoor location services, utilizing Earth's magnetic field and deep learning. Their solution enables smartphone-based navigation within retail environments and smart buildings without requiring any hardware installation. This cost-effective SaaS model facilitates rapid and scalable deployment, delivering an impressive accuracy of up to 1 meter. Oriient's technology is poised to transform customer experiences and operational efficiencies through actionable, data-driven insights derived from precise indoor positioning.
How much funding has Oriient raised?
Oriient has raised a total of $15M across 2 funding rounds:
Angel/Seed
$4M
Series A
$11M
Angel/Seed (2019): $4M, investors not publicly disclosed
Series A (2022): $11M led by F2 Ventures, OurCrowd, and Regal Four
Key Investors in Oriient
F2 Ventures
F2 Ventures is an investment platform that focuses on identifying and capitalizing on arbitrage opportunities within the biotech sector, aiming to foster innovation at critical stages of development.
OurCrowd
OurCrowd is an Israeli-based investment platform established in 2013, enabling accredited investors and institutions to participate in startup, early-stage company, and venture fund investments.
Regal Four
Undisclosed investor participating in the funding round.
What's next for Oriient?
With the recent infusion of major strategic capital, Oriient is well-positioned to accelerate its market penetration and further develop its proprietary indoor navigation technology. The company's focus on a scalable SaaS model and its ability to deliver high-accuracy location services without hardware dependencies suggest a strategic expansion into new markets and verticals. Future developments are likely to center on enhancing data analytics capabilities, deepening integrations with retail and smart building ecosystems, and solidifying its position as a leader in the indoor location services sector.
See full Oriient company page
