About Orbiit
Orbiit is a company based in New York (United States) founded in 2018 was acquired by Hivebrite in July 2024.. Orbiit has raised $2.7 million across 1 funding round from investors including Hivebrite, Bread and Butter Ventures and LAUNCHUB. Orbiit offers products and services including Orbiit Platform. Orbiit operates in a competitive market with competitors including UserVoice, Norby, Heartbeat, Frond and Extern, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Orbiit, Inc.
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Products & Services of Orbiit
Orbiit offers a comprehensive portfolio of products and services, including Orbiit Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI engine for facilitating community networking and conversations
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Funding Insights of Orbiit
Orbiit has successfully raised a total of $2.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.7 million completed in May 2021. 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 1
- Last Round Seed — $2.7M
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First Round
First Round
(28 May 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Seed - Orbiit | Valuation | Bread and Butter Ventures |
| 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 |
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Investors in Orbiit
Orbiit has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Hivebrite, Bread and Butter Ventures and LAUNCHUB. 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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Micro venture capital investments are directed toward tech sectors.
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Founded Year | Domain | Location | |
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Venture capital fund investing in seed and series A startups
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Founded Year | Domain | Location | |
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A venture firm that creates and funds B2B SaaS companies.
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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 Orbiit
| 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 - Orbiit
| 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 |
Orbiit Comparisons
Competitors of Orbiit
Orbiit 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 UserVoice, Norby, Heartbeat, Frond and Extern, 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 |
Customer feedback is collected, analyzed, and prioritized by UserVoice's software.
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| domain | founded_year | HQ Location |
SaaS driven platform for marketing communication tools
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| domain | founded_year | HQ Location |
Cloud-based community platform is provided to enterprises for engagement.
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| domain | founded_year | HQ Location |
Online social platform for conversations within communities using threads
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| domain | founded_year | HQ Location |
Virtual externships are offered to students for real-world work experience.
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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 Orbiit
Frequently Asked Questions about Orbiit
When was Orbiit founded?
Orbiit was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Orbiit located?
Orbiit is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Orbiit a funded company?
Orbiit is a funded company, having raised a total of $2.7M across 1 funding round to date. The company's 1st funding round was a Seed of $2.7M, raised on May 28, 2021.
What does Orbiit do?
Orbiit was founded in 2018 in New York, United States, within the software sector focused on community marketing. A platform is offered for visual networking and audience segmentation using custom filters. Features include logistics management, guided conversations, impact measurement, feedback collection, and reminders. Emphasis is placed on facilitating one-to-one and small-group interactions based on shared interests, with handling of communication, scheduling, and feedback processes.
Who are the top competitors of Orbiit?
What products or services does Orbiit offer?
Orbiit offers Orbiit Platform.
Who are Orbiit's investors?
Orbiit has 7 investors. Key investors include Hivebrite, Bread and Butter Ventures, LAUNCHUB, High Alpha, and Company Ventures.
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