# Oritain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oritain

- Industry: Business Support Services
- Headquarters: New Zealand
- Website: www.oritain.com
- Total disclosed funding: $57M
- Latest round: Series C (Jul 11, 2023)
- Investors on record: 2

## About

Based in Otago, New Zealand, and founded in 2008, Oritain Ltd. operates as a product verification company. In July 2023, the firm raised USD 57 million in series C funding co-led by investors Highland Europe and Long Ridge Equity Partners. The firm as of August 2023, has offices in the UK, the US, New Zealand, Switzerland, and Australia, and is led by its CEO, Grant Cochrane.

The company offers product and raw material verification services using forensic and data science to help its clients protect their brand reputation and consumer trust. With the company’s auditing methodology, they combine forensic science and data to detect naturally occurring elements in a product or raw material, creating an Origin Fingerprint that can be used to verify the authenticity and origin of the product. Oritain also partners with some of the world's largest brands across various sectors, including food, fiber, pharmaceuticals, etc to support their environmental, social, and governance (ESG) commitments, reduce the risk of fraud and unethical practices, and protect their reputations.

The company plans to utilize its July 2023 funding to support the growth of its products and technology as well as its geographical expansion.

## Funding rounds

- Series C, Jul 11, 2023, $57M — Long Ridge, Highland Europe

## Investors

- Long Ridge (https://capitalatlas.ai/funds/long-ridge) — Series C
- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series C