Orbit

San Francisco, United States Founded: 2019 • Age: 7 yrs Acquired By Postman
A cloud-based platform is used for community marketing in businesses.
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About Orbit

Orbit is a company based in San Francisco (United States) founded in 2019 by Josh Dzielak and Patrick Woods was acquired by Postman in April 2024.. Orbit has raised $21.79 million across 3 funding rounds from investors including Postman, Heavybit and Coatue. Orbit has completed 1 acquisition, including Hoopy. Orbit operates in a competitive market with competitors including Commsor, Spontivly, Creator Metrics, Nalapod and Rewire, among others.

  • Headquarter San Francisco, United States
  • Founders Josh Dzielak, Patrick Woods
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.79 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.79 M (USD), Series A

    Nov 18, 2022

  • Investors
    Postman

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Postman

    (Apr 12, 2024)

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People of Orbit
Headcount 1000-5000
Employee Profiles 154
Employee Profiles
People
Abhinav Asthana
CEO & Co-Founder
People
Tiffany Chung
Growth Product Manager
People
Jonathan Chen
Senior Product Analyst
People
Divyanshu Singh
Senior Engineer II

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Funding Insights of Orbit

Orbit has successfully raised a total of $21.79M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.79 million completed in November 2022. 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 Rounds 3
  • Last Round Series A — $2.8M
  • First Round

    (02 Dec 2020)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Series A - Orbit Valuation

investors

May, 2021 Amount Series A - Orbit Valuation Coatue
Dec, 2020 Amount Seed - Orbit Valuation a16z
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Orbit

Orbit has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Postman, Heavybit and Coatue. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Provider of an investment platform for various stages
Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Tech focused VC firm investing in early-stage startups in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Orbit

Orbit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hoopy. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software development services are provided by Hoopy since 2014.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Orbit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Orbit Comparisons

Employees
+
Add Comparison
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Competitors of Orbit

Orbit 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 Commsor, Spontivly, Creator Metrics, Nalapod and Rewire, 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
Platform connects businesses to networks for referrals and introductions.
domain founded_year HQ Location
Community marketing solutions are delivered via a cloud-based platform.
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Analytics dashboard for tracking Patreon creator supporter behavior.
domain founded_year HQ Location
Tools for creators to discover, engage, and analyze social media growth.
domain founded_year HQ Location
AI based API security solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Orbit

Frequently Asked Questions about Orbit

When was Orbit founded?

Orbit was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Orbit located?

Orbit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Orbit?

Patrick Woods is the current CEO of Orbit. They have also founded this company.

Is Orbit a funded company?

Orbit is a funded company, having raised a total of $21.79M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Dec 02, 2020.

What does Orbit do?

Cloud based community marketing platform for businesses. The platform enables members to grow and measure the community across any platform, collaborate with members to boost engagement, monitor activities, uncover trends, and gain insights. It helps organizations build and scale communities. It provides tools to nurture champions, get product feedback, and make decisions with data from across the entire customer journey.

Who are the top competitors of Orbit?

Orbit's top competitors include Commsor, Spontivly and Rewire.

How many acquisitions has Orbit made?

Orbit has made 1 acquisition, including Hoopy.

Who are Orbit's investors?

Orbit has 8 investors. Key investors include Postman, Heavybit, Coatue, Andreessen Horowitz, and Chris Aniszczyk.

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