Orka Technology Group Ltd

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Orka Technology Group Ltd - overview

Established

2016

Location

-, England, UK

Primary Industry

Internet

About

Orka Technology Group Ltd develops innovative technology solutions that enhance operational efficiency across various sectors, focusing on software platforms for logistics, supply chain management, and customer relationship management. Founded in 2016 in Manchester, UK, Orka Technology Group Ltd specializes in software solutions that improve business operations. The company has secured GBP 3. 94 mn in SERIES A funding from Praetura Ventures as of March 23, 2022, raising a total of GBP 3.


94 mn to date. Tom Pickersgill serves as CEO, and the company has conducted five deals since its inception. Orka Group specializes in providing innovative technology solutions designed to enhance operational efficiency across various sectors. Their core product offerings focus on advanced software platforms that integrate seamlessly into existing business infrastructures, catering to industries such as logistics, supply chain management, and customer relationship management.


These solutions address specific pain points like inventory tracking, order fulfillment, and customer engagement, ultimately aiming to streamline processes and improve overall productivity. Orka Group serves a diverse client base, including mid-sized enterprises and large corporations, primarily in the North American and European markets. Orka Group generates revenue through a combination of subscription-based services and direct partnerships with businesses seeking to enhance their operational capabilities. Their pricing structure involves tiered subscription plans, allowing clients to choose a level of service that best fits their operational needs and budget.


Key offerings include flagship software solutions available on a monthly or annual licensing basis, providing clients with access to continuous updates and support. Transactions occur primarily through direct engagement with clients, where customized service agreements are negotiated to meet specific business requirements. This model supports a stable revenue stream while fostering long-term relationships with customers, ensuring they receive tailored solutions that evolve with their business needs. Orka Technology Group Ltd plans to utilize the GBP 3.


94 mn raised in its SERIES A funding to accelerate product development and expand its API integration program, targeting growth in new markets, specifically within the mechanical and electrical sectors. The company is focused on launching new products designed to further enhance operational efficiencies and aims to enter additional geographic regions to broaden its client base.


Current Investors

Maven VCT, British Business Bank, Sonovate Limited

Primary Industry

Internet

Sub Industries

Recruitment/Executive Search, Web Applications, Social Networking & Communication Platform, Search Engines, Application Integration Software, HR & Workforce Software

Website

www.orka.group

Verticals

Cloud Computing, FinTech, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Orka Technology Group Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series ACompletedOrka Technology Group Ltd-
Venture DebtCompletedOrka Technology Group Ltd-
Unspecified RoundCompletedOrka Technology Group Ltd-
Unspecified RoundCompletedOrka Technology Group Ltd-
SeedCompletedOrka Technology Group Ltd-

Displaying 1 - 5 of 5

Orka Technology Group Ltd - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.