Nor1 Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 30

Employees

  • Latest Deal Type
  • M&A

Nor1 General Information

Description

Developer of a hospitality management platform designed to create a coordinated facility for engaging the guest with targeted and consistent communications. The company's platform creates the fusion between technology and guest experience and offers services like an upsell decision intelligence engine, that makes product selection, upsell pricing and display ranking decisions customized for each hotel guest, enabling hotels and resorts to get their revenue and profit maximized by judging their customer's feedback.

Contact Information

Website
www.nor1.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 3945 Freedom Circle
  • Suite 600
  • Santa Clara, CA 95054
  • United States
Primary Industry
Business/Productivity Software
Acquirer
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 3945 Freedom Circle
  • Suite 600
  • Santa Clara, CA 95054
  • United States

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Nor1 Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 04-Dec-2020 Completed Generating Revenue
5. Debt - PPP 14-Apr-2020 Completed Generating Revenue
4. Later Stage VC (Series B) 17-Dec-2012 Completed Generating Revenue
3. Later Stage VC (Series A) 01-Sep-2009 Completed Generating Revenue
2. Early Stage VC (Series B) 18-Jul-2005 $805K $1.81M Completed Startup
1. Early Stage VC (Series A) 29-Dec-2004 $1M $1M Completed Startup
To view Nor1’s complete valuation and funding history, request access »

Nor1 Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A
To view Nor1’s complete cap table history, request access »

Nor1 Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a hospitality management platform designed to create a coordinated facility for engaging the guest with tar
Business/Productivity Software
Santa Clara, CA
30 As of 2021

Scottsdale, AZ
 

Hoffman Estates, IL
 
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Nor1 Competitors (28)

One of Nor1’s 28 competitors is Clear Demand, a Private Equity-Backed company based in Scottsdale, AZ.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Clear Demand Private Equity-Backed Scottsdale, AZ
Vistex (Illinois) Formerly PE-Backed Hoffman Estates, IL
Vendavo Private Equity-Backed Denver, CO
Jaggaer Private Equity-Backed Durham, NC
GuestRevu Corporation London, United Kingdom
You’re viewing 5 of 28 competitors. Get the full list »

Nor1 Patents

Nor1 Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-8170925-B1 Computer-implemented methods and systems for automatic merchandising Active 18-Jul-2011
US-8285599-B1 Method and a system for simultaneous pricing and merchandising Active 18-Jul-2011
US-20050071245-A1 System and method for transacting for a perishable object having an uncertain availability Active 25-Sep-2003
US-7249062-B2 Method for transacting for a perishable object having an uncertain availability Inactive 25-Sep-2003
US-8271337-B1 System and method for transacting for an upgrade having an uncertain availability Inactive 25-Sep-2003 G06Q10/02
To view Nor1’s complete patent history, request access »

Nor1 Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Nor1 Former Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Accel Venture Capital Minority
Avery Lyford Angel (individual) Minority
Bradley Gerstner Angel (individual) Minority
Cameron Yuill Angel (individual) Minority
Concur Perfect Trip Fund Corporate Venture Capital Minority
You’re viewing 5 of 12 investors. Get the full list »

Nor1 Investments & Acquisitions (2)

Nor1’s most recent deal was a Corporate Asset Purchase with Stay Delightful. The deal was made on 10-Apr-2018.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Stay Delightful 10-Apr-2018 Corporate Asset Purchase Buildings and Property
Flextrip 25-Sep-2013 Merger/Acquisition Business/Productivity Software
To view Nor1’s complete investments and acquisitions history, request access »

Nor1 FAQs

  • When was Nor1 founded?

    Nor1 was founded in 2004.

  • Where is Nor1 headquartered?

    Nor1 is headquartered in Santa Clara, CA.

  • What is the size of Nor1?

    Nor1 has 30 total employees.

  • What industry is Nor1 in?

    Nor1’s primary industry is Business/Productivity Software.

  • Is Nor1 a private or public company?

    Nor1 is a Private company.

  • What is Nor1’s current revenue?

    The current revenue for Nor1 is .

  • How much funding has Nor1 raised over time?

    Nor1 has raised $21.9M.

  • Who are Nor1’s investors?

    Accel, Avery Lyford, Bradley Gerstner, Cameron Yuill, and Concur Perfect Trip Fund are 5 of 12 investors who have invested in Nor1.

  • Who are Nor1’s competitors?

    Clear Demand, Vistex (Illinois), Vendavo, Jaggaer, and GuestRevu are some of the 28 competitors of Nor1.

  • When was Nor1 acquired?

    Nor1 was acquired on 04-Dec-2020.

  • Who acquired Nor1?

    Nor1 was acquired by Oracle.

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