Nor1 Overview
- Year Founded
-
2004

- Status
-
Acquired/Merged
- Employees
-
30

- 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.comCorporate Office
- 3945 Freedom Circle
- Suite 600
- Santa Clara, CA 95054
- United States
Corporate Office
- 3945 Freedom Circle
- Suite 600
- Santa Clara, CA 95054
- United States
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 | $1M | Completed | Startup |
Nor1 Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A |
Nor1 Comparisons
Industry
Financing
Details
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 |
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 |
Nor1 Signals
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 |
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 |
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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