Orbita Overview
- Year Founded
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2015
- Status
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Private
- Employees
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43
- Latest Deal Type
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Series A
- Latest Deal Amount
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$24M
- Investors
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11
Orbita General Information
Description
Developer of an AI-based conversational platform designed for healthcare organizations to engage patients, improve outcomes, and reduce costs. The company's platform offers HIPAA-compliant virtual assistants that mirror human behavior to effectively serve patients, healthcare providers, and caregivers, enabling healthcare organizations to have secure, enterprise-grade voice- and chatbot-powered virtual assistants.
Contact Information
Website
www.orbita.aiCorporate Office
- One Seaport Square, 77 Sleeper Street
- Floor 2
- Boston, MA 02210
- United States
Corporate Office
- One Seaport Square, 77 Sleeper Street
- Floor 2
- Boston, MA 02210
- United States
Orbita Timeline
Orbita Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC (Series A) | 15-Aug-2023 | $24M | Completed | Generating Revenue | ||
7. Later Stage VC (Series A) | 01-Feb-2023 | Completed | Generating Revenue | |||
6. Accelerator/Incubator | 10-Jun-2020 | Completed | Generating Revenue | |||
5. Later Stage VC (Series A) | 29-May-2020 | Completed | Generating Revenue | |||
4. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 07-Aug-2018 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 14-Dec-2017 | $1.5M | Completed | Startup | ||
1. Angel (individual) | 30-Apr-2015 | $1.5M | $1.5M | Completed | Startup |
Orbita Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A10 | ||||||||
Series A9 | ||||||||
Series A8 | ||||||||
Series A7 | ||||||||
Series A6 | ||||||||
Series A5 | ||||||||
Series A4 | ||||||||
Series A3 | ||||||||
Series A2 | 5,821,774 | $0.000010 | 8% | $0.41 | $0.41 | 1x | $0.41 | 4.7% |
Series A | 13,640,808 | $0.000010 | 8% | $0.41 | $0.41 | 1x | $0.41 | 11.01% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Orbita Comparisons
Industry
Financing
Details
Orbita Competitors (2)
One of Orbita’s 2 competitors is Phelix, a Venture Capital-Backed company based in Toronto, Canada.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Phelix | Venture Capital-Backed | Toronto, Canada | ||||
Nuance Communications | Corporate Backed or Acquired | Burlington, MA |
Orbita Signals
Orbita Investors (11)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
AI Venture Labs | Accelerator/Incubator | Minority | ||
Cultivation Capital | Venture Capital | Minority | ||
Deloitte | Corporation | Minority | ||
Manatt Phelps & Phillips | Corporation | Minority | ||
Manatt Venture Fund | Corporate Venture Capital | Minority |
Orbita Acquisitions (1)
Orbita’s most recent deal was a Merger/Acquisition with Wellbe. The deal was made on 17-Aug-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Wellbe | 17-Aug-2023 | Merger/Acquisition | Enterprise Systems (Healthcare) |
Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Wellbe | Madison, WI | 2009 |
Orbita FAQs
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When was Orbita founded?
Orbita was founded in 2015.
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Where is Orbita headquartered?
Orbita is headquartered in Boston, MA.
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What is the size of Orbita?
Orbita has 43 total employees.
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What industry is Orbita in?
Orbita’s primary industry is Other Healthcare Technology Systems.
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Is Orbita a private or public company?
Orbita is a Private company.
-
What is the current valuation of Orbita?
The current valuation of Orbita is
. -
What is Orbita’s current revenue?
The current revenue for Orbita is
. -
How much funding has Orbita raised over time?
Orbita has raised $44.5M.
-
Who are Orbita’s investors?
AI Venture Labs, Cultivation Capital, Deloitte, Manatt Phelps & Phillips, and Manatt Venture Fund are 5 of 11 investors who have invested in Orbita.
-
Who are Orbita’s competitors?
Phelix and Nuance Communications are competitors of Orbita.
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