# OURS Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ours-technology

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.ours-tech.com
- Latest round: Series A (May 31, 2017)
- Investors on record: 3

## About

Based in the US, OURS Technology Inc. operates in the technology sector, providing innovative solutions that enhance operational efficiency across various industries.Founded in 2017 in Santa Clara, US, OURS Technology Inc. specializes in technological solutions that streamline business operations. The company has engaged in two financial deals, with the most recent occurring on February 26, 2021. The CEO, Greg Blanck, leads the company following its acquisition by Aurora Innovation, Inc., a move that marked a significant pivot in its business strategy.OURS Technology Inc. specializes in the development and delivery of innovative technological solutions designed to streamline operations across various industries. Their core offerings include advanced software platforms that facilitate data analytics, automation, and communication enhancements for businesses. These products are tailored to address specific pain points such as inefficiencies in workflow management and data utilization, thereby enabling organizations to make informed decisions and improve overall productivity. The company's solutions target a diverse client base, including sectors such as healthcare, finance, and retail, with customers ranging from small enterprises to large corporations. OURS Technology Inc.'s products are primarily marketed in North America and Europe, where they have established a significant presence, catering to users seeking to leverage technology for competitive advantage.The revenue model employed by OURS Technology Inc. revolves around a combination of subscription-based services and direct enterprise partnerships. Clients typically engage with the company through tiered subscription plans that provide access to its flagship software solutions, ensuring scalability and tailored support based on organizational needs. Transactions are structured to enhance customer retention, with annual contracts or monthly billing options available for varying service levels. Additionally, enterprise clients often benefit from bespoke agreements that include customized solutions, ensuring alignment with their specific operational goals. This blend of subscription and partnership models positions OURS Technology Inc. advantageously in the market, fostering long-term relationships and consistent revenue streams.Looking ahead, OURS Technology Inc. is focused on launching new software solutions designed to enhance operational efficiency by Q4 2022. The company aims to expand into the Asia-Pacific region, targeting markets in Japan and Australia by the end of 2023. The recent acquisition by Aurora Innovation, Inc. provides the necessary resources to support these initiatives, ensuring that OURS Technology Inc. can effectively leverage its technological expertise for sustained growth.

## Funding rounds

- Series A, May 31, 2017 — NLVC, Sinovation Ventures, Oriza Ventures

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A
- Oriza Ventures (https://capitalatlas.ai/funds/oriza-ventures) — Series A