Oriient - About the company
Oriient is a series A company based in Tel Aviv (Israel), founded in 2016 by Amiram Frish and Mickey Balter. It operates as a Platform offering software-based indoor GPS positioning services. Oriient has raised $16M in funding from investors like OurCrowd, F2 Capital and innogy Innovation Hub. The company has 3 active competitors, including 3 that are funded. Its top competitors are Shiyu Technology and GiPStech.
Company Details
Platform offering software-based indoor GPS positioning services. This technology leverages the magnetic field of the earth and deep learning to deliver accurate indoor location data without requiring additional hardware like Wi-Fi or beacons. The service is offered as a SaaS solution, providing a cost-effective and scalable option for businesses. It is designed to improve navigation within facilities, optimize operations, and enhance data-driven decision-making for clients in retail and smart building sectors. The system offers precise one-meter accuracy, improving user experience and providing reliable location data.
- Website
- www.oriient.me/
- Email ID
- *****@oriient.me
Key Metrics
Founded Year
2016
Location
Tel Aviv, Israel
Stage
Series A
Total Funding
$16M in 2 rounds
Latest Funding Round
Ranked
1st among 3 active competitors
Employee Count
93 as on Sep 30, 2026
Legal entities associated with Oriient
Oriient is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Oriient New Media Ltd CIN: 515493138 , Israel, Active | Jul 27, 2016 | - | - | - |
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Oriient's funding and investors
Oriient has raised a total funding of $16M over 2 rounds. Its first funding round was on Apr 25, 2019. Its latest funding round was a Series A round on May 10, 2022 for $*****. 5 investors participated in its latest round. Oriient has 15 institutional investors.
Here is the list of recent funding rounds of Oriient:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 10, 2022 | 4484313 | Series A | 8794653 | 7486442 | 1207889 | 7500130 |
Apr 25, 2019 | 4844359 | Seed | 2620602 | 3833851 | 6553574 |
View details of Oriient's funding rounds and investors
Oriient's founders and board of directors
Founder? Claim ProfileThe founders of Oriient are Amiram Frish and Mickey Balter.
Here are the details of Oriient's key team members:
- Amiram Frish: Co-Founder & CTO of Oriient. Contact Info: 1 email address
- Mickey Balter: Co-Founder & CEO of Oriient. Contact Info: 1 email address
View details of Oriient's Founder profiles and Board Members
Oriient's employee count trend
Oriient has 93 employees as of Sep 26. Here is Oriient's employee count trend over the years:
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Oriient's Competitors and alternates
Top competitors of Oriient include Shiyu Technology and GiPStech. Here is the list of Top 10 competitors of Oriient, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering software-based indoor GPS positioning services | $16M | 49/100 | ||
2nd | Shiyu Technology 2006, China, Series A | Provider of app-based indoor navigation solutions | $12.4M | 36/100 | |
3rd | Provider of geo-based Indoor location and positioning solutions | $727K | 31/100 |
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Oriient's Investments and acquisitions
Oriient has made no investments or acquisitions yet.
Reports related to Oriient
Here is the latest report on Oriient's sector:
News related to Oriient
•
Oriient Indoor Location Services are Now Available on Google Cloud MarketplacePR Newswire•Dec 05, 2022•Oriient
•
Oriient secures $11 million for indoor positioning solutionCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITED•Oct 12, 2022•Oriient
•
Israeli Oriient secures $11 million Series A for indoor locating systemCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITED•May 10, 2022•Oriient, OurCrowd, F2 Capital, NGN Partners and 1 other
•
•
Oriient Secures $4M to Finally Bring in-Store Navigation to the MassesBusiness Wire•Apr 25, 2019•Oriient, F2 Capital, Future Energy Ventures, innogy Innovation Hub
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