Orka Technology Group Ltd
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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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A | Completed | Orka Technology Group Ltd | - | ||||||||
| Venture Debt | Completed | Orka Technology Group Ltd | - | ||||||||
| Unspecified Round | Completed | Orka Technology Group Ltd | - | ||||||||
| Unspecified Round | Completed | Orka Technology Group Ltd | - | ||||||||
| Seed | Completed | Orka Technology Group Ltd | - |
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Orka Technology Group Ltd - employee data


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