About Orion Telescope
Orion Telescope is a company based in Watsonville (United States) founded in 1975 by Tim Gieseler was acquired by Imaginova in January 2005.. Orion Telescope has raised $15 million across 1 funding round from investors including Imaginova, Steelpoint Capital and Red Shift Ventures. The company has 26 employees as of December 31, 2021. Orion Telescope has completed 1 acquisition, including Meade Instruments Corp.
- Headquarter Watsonville, United States
- Employees 26 as on 31 Dec, 2021
- Founders Tim Gieseler
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Telescope, Inc.
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Funding Insights of Orion Telescope
Orion Telescope has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $15 million completed in August 2006. 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 Private Equity Round — $15.0M
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First Round
First Round
(09 Aug 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2006 | Amount | Private Equity Round - Orion Telescope | 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 Orion Telescope
Orion Telescope has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Imaginova, Steelpoint Capital and Red Shift 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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Private equity is focused on healthcare and fitness sectors.
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Numerology interpretations and guidance for angel numbers are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Orion Telescope
Orion Telescope has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Meade Instruments Corp. 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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Designs and manufactures telescopes and binoculars
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Orion Telescope
| 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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Orion Telescope Comparisons
Competitors of Orion Telescope
| 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 Orion Telescope
Frequently Asked Questions about Orion Telescope
When was Orion Telescope founded?
Orion Telescope was founded in 1975 and raised its 1st funding round 31 years after it was founded.
Where is Orion Telescope located?
Orion Telescope is headquartered in Watsonville, United States. It is registered at Watsonville, California, United States.
Is Orion Telescope a funded company?
Orion Telescope is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15M, raised on Aug 09, 2006.
How many employees does Orion Telescope have?
As of Dec 31, 2021, the latest employee count at Orion Telescope is 26.
What does Orion Telescope do?
Orion Telescope was founded in 1975 and is headquartered in Watsonville, United States. Operations are conducted as an online retailer specializing in telescopes and binoculars, with direct sales to customers. Products from the Orion brand are offered alongside those from Alpen, Barska, Bushnell, Leica, Meade, Nikon, and Pentax. Various binoculars are provided for astronomical viewing, compact use, waterproof applications, birding, and sports or hunting purposes.
How many acquisitions has Orion Telescope made?
Orion Telescope has made 1 acquisition, including Meade Instruments Corp.
Who are Orion Telescope's investors?
Orion Telescope has 3 investors. Key investors include Imaginova, Steelpoint Capital, and Red Shift Ventures.