About OorTech
OorTech is a company based in New York (United States) founded in 2021 by Max Li.. OorTech has raised $2 million across 4 funding rounds from investors including Microsoft, Google and Taisu Ventures. OorTech operates in a competitive market with competitors including GoDaddy, Locaweb, Liquid Web, Raiinmaker and DreamHost, among others.
- Headquarter New York, United States
- Founders Max Li
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 4 rounds
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Latest Funding Round
$30 K (USD), Token Sale
Jan 15, 2024
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Investors
Microsoft
& 6 more
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Employee Count
Employee Count
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Software Development Team
3 people
Sales and Marketing
3 people
Leadership Team
1 people
Blockchain Team
1 people
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Funding Insights of OorTech
OorTech has successfully raised a total of $2M across 4 strategic funding rounds. The most recent funding activity was a Token Sale round of $30 thousand completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Token Sale — $30,000
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First Round
First Round
(27 Sep 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Token Sale - OorTech | Valuation |
investors |
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| Jan, 2024 | Amount | Seed - OorTech | Valuation | Taisu , Red Beard Ventures |
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| May, 2022 | Amount | Seed - OorTech | Valuation | Aves Lair |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OorTech
OorTech has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Google and Taisu Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Taisu Ventures is recognized as a venture capital firm focused on investing in early-stage Web3 companies globally.
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Founded Year | Domain | Location | |
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Blockchain, AR/VR, fintech investments are made by Red Beard Ventures.
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Founded Year | Domain | Location | |
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A venture capital fund focused on artificial intelligence and machine learning is operated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OorTech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OorTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oortech Comparisons
Competitors of OorTech
OorTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoDaddy, Locaweb, Liquid Web, Raiinmaker and DreamHost, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web hosting, domain registration, and IT support services are provided.
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| domain | founded_year | HQ Location |
Internet services are offered to small and medium-sized entrepreneurs.
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| domain | founded_year | HQ Location |
Managed web hosting, VPS, and cloud servers are provided.
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| domain | founded_year | HQ Location |
Decentralized AI platform enables user contributions to model development.
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| domain | founded_year | HQ Location |
Web and cloud hosting services are offered by DreamHost.
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| domain | founded_year | HQ Location |
Provider of web hosting, domain registration, and related digital solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Oortech
Frequently Asked Questions about OorTech
When was OorTech founded?
OorTech was founded in 2021.
Where is OorTech located?
OorTech is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of OorTech?
Max Li is the current CEO of OorTech. They have also founded this company.
Is OorTech a funded company?
OorTech is a funded company, having raised a total of $2M across 4 funding rounds to date.
What does OorTech do?
Oort was founded in 2021 by Max Li in New York, United States. Operations are focused on the technology sector, where hosting services are delivered to support digital infrastructure needs. The company is headquartered in New York and serves clients through its domain oortech.com. Core activities involve managing hosting solutions for various applications, with emphasis on reliable service provision in the competitive hosting market.
Who are the top competitors of OorTech?
OorTech's top competitors include 0G Labs, Raiinmaker and Liquid Web.
Who are OorTech's investors?
OorTech has 7 investors. Key investors include Microsoft, Google, Taisu Ventures, Red Beard Ventures, and Hike Ventures.