Norbit (Business/Productivity Software) Overview
- Year Founded
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2014
- Status
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Acquired/Merged
- Employees
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10
- Latest Deal Type
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Corporate
- Latest Deal Amount
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$18.4M
Norbit (Business/Productivity Software) General Information
Description
Developer of a customer loyalty platform designed to replace traditional competitions with app-based tactics. The company's platform utilizes mobile application with augmented reality to provide customers with points and prizes for purchases, entering the store and providing feedback, enabling retailers and marketing managers to increase reach by offering deals and incentives and reward customers as well as wow retailers.
Contact Information
Website
www.norbit.com.au(Operating Subsidiary)
Corporate Office
- Level 5, 12 Commercial Road
- Newstead, Queensland 4006
- Australia
Corporate Office
- Level 5, 12 Commercial Road
- Newstead, Queensland 4006
- Australia
Norbit (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Corporate | 01-Aug-2024 | $18.4M | Completed | Generating Revenue | ||
| 3. Merger/Acquisition | 04-Nov-2020 | Completed | Generating Revenue | |||
| 2. Grant | 01-Jan-2019 | $71.5K | $313K | Completed | Generating Revenue | |
| 1. Seed Round | 03-Aug-2017 | $313K | $313K | Completed | Generating Revenue |
Norbit (Business/Productivity Software) Related Research & Analysis
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Norbit (Business/Productivity Software) Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advance Queensland | Government | |||
| Premium Funding Group | Family Office | Minority | ||
| Angel (individual) | Minority |
Norbit (Business/Productivity Software) FAQs
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When was Norbit (Business/Productivity Software) founded?
Norbit (Business/Productivity Software) was founded in 2014.
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Where is Norbit (Business/Productivity Software) headquartered?
Norbit (Business/Productivity Software) is headquartered in Newstead, Australia.
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What is the size of Norbit (Business/Productivity Software)?
Norbit (Business/Productivity Software) has 10 total employees.
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What industry is Norbit (Business/Productivity Software) in?
Norbit (Business/Productivity Software)’s primary industry is Business/Productivity Software.
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Is Norbit (Business/Productivity Software) a private or public company?
Norbit (Business/Productivity Software) is a Private company.
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What is Norbit (Business/Productivity Software)’s current revenue?
The current revenue for Norbit (Business/Productivity Software) is .
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How much funding has Norbit (Business/Productivity Software) raised over time?
Norbit (Business/Productivity Software) has raised $18.4M.
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Who are Norbit (Business/Productivity Software)’s investors?
Advance Queensland, Premium Funding Group, and have invested in Norbit (Business/Productivity Software).
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When was Norbit (Business/Productivity Software) acquired?
Norbit (Business/Productivity Software) was acquired on 01-Aug-2024.
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Who acquired Norbit (Business/Productivity Software)?
Norbit (Business/Productivity Software) was acquired by Open Point.
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