About Orbit Commerce
Orbit Commerce is a Transportation, Automotive & Logistics company based in Chicago (United States) founded in 1998, and was acquired by Digital River in October 2001. Small businesses are enabled with e-commerce platforms and online services. Orbit Commerce has raised $8.8 million across 1 funding round from investors including Digital River, Collins and Svoboda Capital. The company was acqui-hired. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Fulfillment Enablers. Its competitors include Shippo, ShipBob and Digimarc; 3 of its 3 listed competitors have raised funding.
Company details
Orbit Commerce was founded in 1998 in Chicago, United States, focusing on the e-commerce sector for small businesses. Online storefronts, website services, traffic generation strategies, order management, and payment processing are provided to clients. Services are promoted via partnerships with entities such as LookSmart, ProdigyBiz, InfoUSA, and Cincinnati Bell. A collaboration with ZapShip for outdoor products was maintained until acquisition by Digital River in 2001 from Alpine Meridian.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website orbitcommerce.com
- Acquired by Digital River (Oct 2001)
- Total Equity Funding$8.8M (USD)
in 1 rounds
- Latest Funding Round$8.8M (USD), Series A
Oct 1999
- InvestorsDigital River
& 6 more
- Acquired byDigital River
(Oct 2001)
Funding Insights of Orbit Commerce
Orbit Commerce has successfully raised a total of $8.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.8 million completed in October 1999. 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 $8.8M
- Total Rounds 1
- Last Round Series A — $8.8M
- First Round $8.8M
(Oct 1999)
- Investors Count 6
All 1 funding rounds of Orbit Commerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 1999 | $8.8M | Series A | – | – |
7 investors in total: 7 institutional.
Investors in Orbit Commerce
Orbit Commerce has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Digital River, Collins and Svoboda Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in business services sectors with a focus on growth companies. | svoco.com | |||
Tech & Life Sciences focused VC firm investing in early stage startups in the US | kbpartners.com | Highland Park, United States | ||
US focused early-stage VC firm | pelionvp.com | Salt Lake City, United States | ||
Asset and property management services are provided by Collins. | 1991 | collins-llc.com | Greenwich, United States | |
Municipal services are provided by the Village of Northbrook. | northbrook.il.us | Northbrook, United States | ||
Cloud-based tax, fraud compliance and payment solutions for businesses | 1994 | digitalriver.com | Minnetonka, United States |
Investor details for Orbit Commerce
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Orbit Commerce
3 dated milestones of Orbit Commerce across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Orbit Commerce is founded.
- Funding First funding round of $8.8M.
- Exit Acquired by Digital River.
Competitors of Orbit Commerce
Orbit Commerce has 3 listed competitors in our database, 3 of them funded. They include Shippo, ShipBob and Digimarc.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goshippo.com | 2013 | San Francisco, United States | $154M | 127 | Web-based shipping solutions are provided for e-commerce businesses. | |
| shipbob.com | 2014 | Chicago, United States | $332.7M | 1,338 | E-commerce fulfillment solutions are provided for direct-to-consumer brands. | |
| digimarc.com | 1994 | Portland, United States | $60M | 215 | Anti-counterfeiting barcode solutions are supplied to brands and retailers. |
Detailed competitors of Orbit Commerce
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Orbit Commerce (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Frequently Asked Questions about Orbit Commerce
Orbit Commerce was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Orbit Commerce is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Orbit Commerce is a funded company, having raised a total of $8.8M across 1 funding round to date. The company's 1st funding round was a Series A of $8.8M, raised on Oct 1999.
Orbit Commerce was founded in 1998 in Chicago, United States, focusing on the e-commerce sector for small businesses. Online storefronts, website services, traffic generation strategies, order management, and payment processing are provided to clients. Services are promoted via partnerships with entities such as LookSmart, ProdigyBiz, InfoUSA, and Cincinnati Bell. A collaboration with ZapShip for outdoor products was maintained until acquisition by Digital River in 2001 from Alpine Meridian.
Orbit Commerce has 7 investors. Key investors include Digital River, Collins, Svoboda Capital, KB Partners, and Village of Northbrook.
Yes. Orbit Commerce was acquired by Digital River in October 2001.