ORTEC - About the company
ORTEC is an acquired company based in Zoetermeer (Netherlands), founded in 2008 by Frank Stelter, Corne Aantjes and Marijn Deurloo. It operates as a Provider of IT service suite solutions and digital marketing services. ORTEC has raised $11M in funding from InnovationQuarter. The company has 154391 active competitors, including 1010 funded and 7865 that have exited. Its top competitors include companies like IBM, UST and Virtusa.
Company Details
- Website
- ortec.com
- Registered Address
- 25, Stationsparken, Glostrup, 2600
Key Metrics
Founded Year
2008
Location
Zoetermeer, Netherlands
Stage
Acquired
Total Funding
$11M in 3 rounds
Latest Funding Round
Investors
Ranked
74th among 154391 active competitors
Employee Count
1,051 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Battery Ventures (Jan 16, 2024)
Legal entities associated with ORTEC
ORTEC is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ORTEC NORDIC A/S CIN: 35832122 , Denmark, Active | Mar 31, 2014 | - | 9 (As on Mar 31, 2024) |
ORTEC's acquisition details
ORTEC got acquired by Battery Ventures on Jan 16, 2024.
Click here to take a look at ORTEC's acquisition in detail
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ORTEC's funding and investors
ORTEC has raised a total funding of $11M over 3 rounds. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. ORTEC has 4 institutional investors.
Here is the list of recent funding rounds of ORTEC:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 01, 2021 | 7802861 | Grant (prize money) | 5953816 | 6698697 | 9190956 | 4534102 |
Jun 25, 2019 | 2992333 | Series A | 2475993 | 5878454 | 1386823 |
View details of ORTEC's funding rounds and investors
ORTEC's founders and board of directors
Founder? Claim ProfileHere are the details of ORTEC's key team members:
- Frank Stelter: Founder, CFO (Logiplan GmbH - today Ortec GmbH) of ORTEC and founder of 1 other company.
- Corne Aantjes: Founder and President Americas of ORTEC.
- Marijn Deurloo: Founder & CEO of ORTEC and founder of 1 other company.
View details of ORTEC's Founder profiles and Board Members
ORTEC's employee count trend
ORTEC has 1,051 employees as of Sep 26. Here is ORTEC's employee count trend over the years:
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ORTEC's Competitors and alternates
Top competitors of ORTEC include IBM, UST and Virtusa. Here is the list of Top 10 competitors of ORTEC, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 78/100 | |
2nd | UST 1998, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 76/100 | |
4th | Provider of consulting, data analytics, and IT services | - | 74/100 | ||
5th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 74/100 | |
6th | Endava 2000, London (United Kingdom), Public | Provider of digital transformation services using artificial intelligence and automation | - | 74/100 | |
7th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 74/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th | Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.5M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
74th | ORTEC 2008, Zoetermeer (Netherlands), Acquired | Provider of IT service suite solutions and digital marketing services | $11M | 63/100 |
Looking for more details on ORTEC's competitors? Click here to see the top ones
ORTEC's Investments and acquisitions
ORTEC has acquired 2 companies including Toba HR Solutions and Klages Partner. ORTEC has not made any investments as of now.Reports related to ORTEC
Here is the latest report on ORTEC's sector:
News related to ORTEC
Media has covered ORTEC for a total of 6 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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ORTEC Named Representative Vendor in 2026 Gartner Market Guide for Vehicle Routing and SchedulingPR Newswire•Oct 07, 2026•ORTEC
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FPC de Rooyse Wissel uses ORTEC Optimizer for improved scheduling and resource management.Skipr•Aug 31, 2026•P5com, ORTEC
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ORTEC acquires TOBA HR Solutions to strengthen healthcare workforce management in Belgium and LuxembourgWebDisclosure•Jul 14, 2026•ORTEC
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ORTEC expands German healthcare footprint with strategic acquisition of Klages & PartnerEuropa Press•Jan 13, 2026•ORTEC, Klages Partner
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Broadstone adds online climate scenarios with OrtecFinextra•Feb 03, 2025•Broadstone, ORTEC, Ortec Finance
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ORTEC is Named a North American and Global Top 100 Inspiring WorkplacePerishableNews.com•Oct 08, 2024•ORTEC
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Mathew Witte Appointed as New CEO, ORTEC Supply Chain Planning AmericasPR Newswire•Sep 11, 2024•ORTEC
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ORTEC in Atlanta is Named a Winner of the Metro Atlanta Top Workplaces 2024 AwardPerishableNews.com•Sep 04, 2024•ORTEC
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