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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.
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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
Investors
Ranked
Employee Count
93 as on Sep 30, 2026
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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
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Oriient's founders and board of directors

Founder? Claim Profile
The founders of Oriient are Amiram Frish and Mickey Balter.
Here are the details of Oriient's key team members:

Oriient's employee count trend

Oriient has 93 employees as of Sep 26. Here is Oriient's employee count trend over the years:
Employee count trend for Oriient
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Oriient
Oriient
2016, Tel Aviv (Israel), Series A
Platform offering software-based indoor GPS positioning services
$16M
49/100
2nd
Logo for Shiyu Technology
Shiyu Technology
2006, China, Series A
Provider of app-based indoor navigation solutions
$12.4M
36/100
3rd
Logo for GiPStech
GiPStech
2013, Rende (Italy), Seed
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 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
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