About ORTEC
ORTEC is a Technology company based in Zoetermeer (Netherlands) founded in 2008, and was acquired by Battery Ventures in January 2024. Provider of IT service suite solutions and digital marketing services. ORTEC has raised $5.69 million across 2 funding rounds from investors including European Union, InnovationQuarter and Battery Ventures. ORTEC has completed 1 acquisition, including Toba HR Solutions. Its website ortec.com draws about 45 thousand monthly visits. ORTEC offers products and services including Optimization Software, Decision Support Software, and Analytics Solutions. Its focus areas include Business Services, IT Services and Suite. Its legal entity is ORTEC NORDIC A/S.
Company details
ORTEC, based in Zoetermeer, focuses on providing business support, providing IT services, and suite. Provider of IT service suite solutions and digital marketing services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Total Equity Funding$5.69M (USD)
in 2 rounds
- Latest Funding Round$978.43K (USD), Grant
Jan 2021
- InvestorsEuropean Union
& 2 more
- Investments & Acquisitions
- Acquired byBattery Ventures
(Jan 2024)
Products & Services of ORTEC
ORTEC offers a comprehensive portfolio of products and services, including Optimization Software, Decision Support Software, and Analytics Solutions.
Software for enhancing business efficiency through data optimization.
Tools that enable data-driven decisions for improved results.
Solutions for business predictability and sustainability measures.
Apps and channels of ORTEC
its YouTube channel ORTEC has 688 subscribers and 30 videos.
Videos from ORTEC
The most watched videos on ORTEC's YouTube channel, ORTEC (688 subscribers). Click a video to play it here.
More on ORTEC.
Funding Insights of ORTEC
ORTEC has successfully raised a total of $5.69M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $978.43 thousand completed in January 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 $5.69M
- Total Rounds 2
- Last Round Grant — $978,427
- First Round $5.69M
(Jun 2019)
- Investors Count 2
All 2 funding rounds of ORTEC 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 |
|---|---|---|---|---|---|
| Jan 2021 | $978,427 | Grant | – | – | |
| Jun 2019 | $5.69M | Series A | – | InnovationQuarter | – |
3 investors in total: 3 institutional.
Investors in ORTEC
ORTEC has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, InnovationQuarter and Battery Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic VC firm investing primarily in the Netherlands | 2013 | innovationquarter.nl | The Hague, Netherlands | |
Investments in technology companies are conducted globally by Battery Ventures. | battery.com | |||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for ORTEC
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of ORTEC
215 people are tracked at ORTEC (56 in leadership, 4 in board & advisors, 155 in team).
| Name | Role | Group |
|---|---|---|
Ernst Hoyer | Global Account Director | Leadership |
Sam Katsikis | Director Of Operations | Leadership |
Robbert van Oosten | Program Director | Leadership |
Wouter Luijten | Head Of Portfolio | Leadership |
Paul Perdon | Managing Director Ortec Gmbh/managing Partner | Leadership |
Aaron Geiger | Managing Director Manufacturing | Leadership |
Olivier Trullier | Director Of Operations | Leadership |
Arjen van de Wetering | Director Operations | Leadership |
Reinier van Den Biggelaar | Director Advanced Analytics & AI | Leadership |
Martin Pearson | Director of Finance | Leadership |
Edgar Benschop | CMO | Leadership |
Herman Wierenga | COO, Americas | Leadership |
Willem Ten Bokum | Director Operations - Retail And Wholesale | Leadership |
Eveline van Scherpenzeel | Director Of Engineering | Leadership |
Niels Tailleur | Senior Vice President Sales & Accounts | Data Science & Consulting | Leadership |
Georgios Sarigiannidis | Chief Executive Officer | Leadership |
Siemon Verburgt | Director Of Operations | Leadership |
Denise van Kampen | Director Of Operations - Manufacturing & Retail - Data Science & Consulting | Leadership |
Bart Veeke | Director Marketing And Sales Operations | Leadership |
Leendert Kok | Chief Science Architect | Leadership |
195 more people are available in the full profile.
Complete people profiles for ORTEC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by ORTEC
ORTEC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Toba HR Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform for HRMS suite | tobahrsolutions.be | Grimbergen, Belgium | 2003 | Jul 2026 | •••• |
Complete acquisition details for ORTEC
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of ORTEC
5 dated milestones of ORTEC across 18 years, from founding to its latest funding, stage changes and deals.
- Founded ORTEC is founded.
- Funding First funding round of $5.7M.
- Funding Latest funding round, Grant, of $978K.
- Exit Acquired by Battery Ventures.
- Acquisition Acquires Toba HR Solutions.
Web traffic of ORTEC
The website of ORTEC (ortec.com) receives about 45.2K visits a month.
- Monthly visits45.2K
▲ 21.9% vs previous month
Websites whose visitors overlap most with ORTEC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ortec-online.com | 100% | #1,137,434 | View details | ||
wiskundeolympiade.nl | wiskundeolympiade.nl | 94% | #728,158 | – | |
iter.org | iter.org | 56% | #116,133 | – | |
| jda.com | 40% | 86.9K | #411,931 | View details | |
ortec-consulting.com | ortec-consulting.com | 38% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for ORTEC
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Ortec
Complete news archive for ORTEC
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Frequently Asked Questions about ORTEC
ORTEC was founded in 2008 and raised its 1st funding round 11 years after it was founded.
ORTEC is headquartered in Zoetermeer, Netherlands. It is registered at Zoetermeer, Zuid-holland, Netherlands.
ORTEC is a funded company, having raised a total of $5.69M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.69M, raised on Jun 2019.
ORTEC, based in Zoetermeer, focuses on providing business support, providing IT services, and suite. Provider of IT service suite solutions and digital marketing services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
ORTEC offers Optimization Software, Decision Support Software, and Analytics Solutions.
ORTEC has made 1 acquisition, including Toba HR Solutions.
ORTEC has 3 investors. Key investors include European Union, InnovationQuarter, and Battery Ventures.
ORTEC operates through Ortec Nordic A/S.
Yes. ORTEC was acquired by Battery Ventures in January 2024.