Oriient New Media
Latest round
- Series A
Last raised
- May 2022
Total raised
- $15M
Investors
- 6
About Oriient New Media
Oriient New Media Ltd.Founded in 2016 and headquartered in Tel Aviv-Yafo, Israel, Oriient specializes in developing indoor navigation systems.Oriient specializes in providing a cutting-edge indoor positioning system that leverages the Earth's magnetic field and proprietary deep learning technology to offer highly accurate navigation solutions. The core product delivers indoor GPS-like capabilities directly to users' smartphones, eliminating the need for hardware installations such as Wi-Fi or beacons. This service is designed primarily for retail environments and smart buildings, enhancing customer experiences by enabling users to easily locate items and navigate their surroundings. The company's offerings are tailored to meet the needs of facilities seeking to optimize service, space utilization, and staff performance.The revenue model for Oriient is based on a Software-as-a-Service (SaaS) structure, allowing clients to utilize the indoor navigation system through subscription agreements. Organizations can access the platform without incurring capital expenditures, thereby streamlining their implementation process. Normal business transactions typically involve retailers subscribing to Oriient's services to enhance their in-store customer experience and operational efficiency. The specific pricing plans for the services are structured to cater to the scale of the client’s operations, with options available for various levels of service integration.000 mn, the company plans to utilize these funds to scale operations across tens of thousands of locations, explore new verticals, and drive global sales efforts. Oriient is targeting expansion into various markets, aiming to enhance its presence and capabilities in the indoor navigation sector.
Who invested in Oriient New Media
6 investors across 2 rounds
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Questions about Oriient New Media
Who invested in Oriient New Media?
Oriient New Media has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Oriient New Media raised?
Oriient New Media has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Oriient New Media last raise money?
Oriient New Media's most recent round on record is a Series A, in May 2022.
What does Oriient New Media do?
Oriient New Media is a software company.
Where is Oriient New Media headquartered?
Oriient New Media is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like Oriient New Media?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Oriient New Media's stage. Their profiles are linked below.
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