About ORBCOMM
ORBCOMM is a company based in Rochelle Park (United States) founded in 1993 was acquired by GI Partners in April 2021.. ORBCOMM has raised $136 million across 6 funding rounds from investors including SES Satellites, GI Partners and AIG. The company has 176 employees as of April 03, 2024. ORBCOMM has completed 8 acquisitions, including GlobalTrak, InSync Software and Inthinc. ORBCOMM operates in a competitive market with competitors including FourKites, Blume Global, Inspectorio, TradeWindow and PAXAFE, among others.
- Headquarter Rochelle Park, United States
- Employees 176 as on 03 Apr, 2024
- Stage Public
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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
*********
- Legal Name Orbcomm Technologies India Private Limited
- Date of Incorporation 07 Jun, 2000
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$5 M (USD)10.05as on Mar 31, 2023
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Net Profit
$517.98 K (USD)-12.21as on Mar 31, 2023
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EBITDA
$727.62 K (USD)13.89as on Mar 31, 2023
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Total Equity Funding
$136 M (USD)
in 6 rounds
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Latest Funding Round
$250 M (USD), Debt – Conventional
Mar 30, 2017
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Investors
SES Satellites
& 9 more
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Employee Count
176
as on Apr 03, 2024
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Investments & Acquisitions
GlobalTrak
& 7 more
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Acquired by
GI Partners
(Apr 08, 2021)
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Software Development Team
69 people
Sales and Marketing
33 people
Leadership Team
17 people
Senior Team
13 people
Product Management Team
10 people
Operations Team
8 people
Finance and Accounting
8 people
Account Team
8 people
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Funding Insights of ORBCOMM
ORBCOMM has successfully raised a total of $136M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $250 million completed in March 2017. 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 6
- Last Round Debt – Conventional — $250.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Debt – Conventional - ORBCOMM | Valuation |
investors |
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| Nov, 2014 | Amount | Post-IPO - ORBCOMM | Valuation |
investors |
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| Jan, 2013 | Amount | Debt – Conventional - ORBCOMM | Valuation |
investors |
| 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 ORBCOMM
ORBCOMM has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include SES Satellites, GI Partners and AIG. 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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Pacific Corporate Group is engaged in private equity investment advisory.
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Founded Year | Domain | Location | |
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Multi-stage VC and PE funding is provided to US companies.
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Founded Year | Domain | Location | |
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Venture capital funds are managed by Ridgewood Capital.
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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 ORBCOMM
ORBCOMM has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include GlobalTrak, InSync Software and Inthinc. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Web-based monitoring solutions for refrigerated containers are provided globally.
|
2010 | ||||
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Logistics and air freight services are provided internationally.
|
2006 | ||||
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Satellite information services are provided to global clients.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - ORBCOMM
| 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 |
Orbcomm Comparisons
Competitors of ORBCOMM
ORBCOMM 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 FourKites, Blume Global, Inspectorio, TradeWindow and PAXAFE, 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 |
AI and web-based visibility solutions for supply chains are developed.
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| domain | founded_year | HQ Location |
Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
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| domain | founded_year | HQ Location |
Cloud-based software for form inspections is offered.
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| domain | founded_year | HQ Location |
SaaS platform for supply chain visibility and compliance is offered.
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| domain | founded_year | HQ Location |
Developer of IoT-enabled, track and traceable packaging solutions for multiple industries
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Orbcomm
Frequently Asked Questions about ORBCOMM
When was ORBCOMM founded?
ORBCOMM was founded in 1993 and raised its 1st funding round 9 years after it was founded.
Where is ORBCOMM located?
ORBCOMM is headquartered in Rochelle Park, United States. It is registered at Rochelle Park, New Jersey, United States.
Is ORBCOMM a funded company?
ORBCOMM is a funded company, having raised a total of $136M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $45M, raised on Nov 01, 2002.
How many employees does ORBCOMM have?
As of Apr 03, 2024, the latest employee count at ORBCOMM is 176.
What is the annual revenue of ORBCOMM?
Annual revenue of ORBCOMM is $5M as on Mar 31, 2023.
What does ORBCOMM do?
ORBCOMM was founded in 1993 in Rochelle Park, United States. Machine-to-machine (M2M) communication solutions are delivered for asset tracking, management, and remote control across various sectors. Supply chain visibility is enabled in transportation, heavy equipment, maritime operations, natural resources, and government applications. Tracking, monitoring, and security management are applied to assets including trailers, trucks, railcars, intermodal containers, oil and gas wells, and pipeline equipment.
Who are the top competitors of ORBCOMM?
ORBCOMM's top competitors include FourKites, Blume Global and Inspectorio.
How many acquisitions has ORBCOMM made?
ORBCOMM has made 8 acquisitions, including GlobalTrak, InSync Software, and Inthinc.
Who are ORBCOMM's investors?
ORBCOMM has 10 investors. Key investors include SES Satellites, GI Partners, AIG, OHB, and Pacific Corporate Group.
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