Oroi

San Sebastian, Spain Founded: 2018 • Age: 8 yrs
Provider of a virtual reality-based device for cognitive stimulation for elderly care
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About Oroi

Oroi is a company based in San Sebastian (Spain) founded in 2018.. Oroi has raised $471.9 thousand across 1 funding round from investors including GSR Coop, Easo Ventures and Clave. Oroi has completed 1 acquisition, including VRPharma. Oroi offers products and services including Oroi Wellbeing, Oroi Cognitive, Oroi Fit, and Oroi Resort. Oroi operates in a competitive market with competitors including Flow Neuroscience, Freespira, Better Therapeutics, SilverCloud and Apollo Neuroscience, among others.

  • Headquarter San Sebastian, Spain
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oroi Wellbeing S.L.
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $471.9 K (USD)

    in 1 rounds

  • Latest Funding Round
    $471.9 K (USD), Seed

    Sep 22, 2020

  • Investors
    GSR Coop

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Oroi

Oroi offers a comprehensive portfolio of products and services, including Oroi Wellbeing, Oroi Cognitive, Oroi Fit, and Oroi Resort. 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.

Primary

App for enhancing cognitive wellbeing in elderly users.

Exercises simulating daily activities for mental stimulation.

VR-based solution for promoting physical activity and fitness.

VR experiences for relaxation and emotional support.

Funding Insights of Oroi

Oroi has successfully raised a total of $471.9K through 1 strategic funding round. The most recent funding activity was a Seed round of $471.9 thousand completed in September 2020. 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 1
  • Last Round Seed — $471,903
  • First Round

    (22 Sep 2020)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Seed - Oroi Valuation Easo Ventures , GSR
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 Oroi

Oroi has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include GSR Coop, Easo Ventures and Clave. 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
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Clave is engaged in venture capital investments and management.
Founded Year Domain Location
Elderly care and mental health services are provided.
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 Oroi

Oroi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VRPharma. 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
Provider of a VR-based solution for medical applications
2018
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 - Oroi

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

Oroi Comparisons

Employees
+
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Competitors of Oroi

Oroi 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 Flow Neuroscience, Freespira, Better Therapeutics, SilverCloud and Apollo Neuroscience, 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.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Oroi

Frequently Asked Questions about Oroi

When was Oroi founded?

Oroi was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Oroi located?

Oroi is headquartered in San Sebastian, Spain.

Who is the current CEO of Oroi?

Inaki Aramburu is the current CEO of Oroi.

Is Oroi a funded company?

Oroi is a funded company, having raised a total of $471.9K across 1 funding round to date. The company's 1st funding round was a Seed of $471.9K, raised on Sep 22, 2020.

What does Oroi do?

Oroi was founded in 2018 in San Sebastian, Spain, within the health technology sector focused on elderly care. A virtual reality-based device is offered to deliver experiences that stimulate cognition and emotions in older individuals, including those with advanced dementia. Facial and verbal expressions are managed through these sessions, while distractions are minimized to enhance user concentration. Operations center on creating tailored VR channels for therapeutic and recreational purposes.

Who are the top competitors of Oroi?

Oroi's top competitors include SilverCloud, Rendever and Flow Neuroscience.

What products or services does Oroi offer?

Oroi offers Oroi Wellbeing, Oroi Cognitive, Oroi Fit, and Oroi Resort.

How many acquisitions has Oroi made?

Oroi has made 1 acquisition, including VRPharma.

Who are Oroi's investors?

Oroi has 3 investors. Key investors include GSR Coop, Easo Ventures, and Clave.

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