Nor1

📍 Santa Clara, United States🗓 Founded 2004👥 12 employees💰 Last funded Jan 2013
On November 18, 2020, Oracle announced that it has entered into an agreement to acquire Nor1. The acquisition extends Oracle Hospitality's OPERA Cloud Suite by adding Nor1's Merchandising platform that enables hotels to provide personalized offers throughout the guest journey using AI & machine learning, thereby improving guest engagement, and driving incremental revenue and improved loyalty for hotels. Nor1 delivers industry leading upsell products and solutions all built on a core platform that combines a machine learning based decision engine with an optimized operational process. This enables hotels to enhance the guest stay and generate greater revenue throughout the entire reservation life cycle. The combination of hospitality experience, historical data intelligence and well designed, sophisticated algorithms ensure that hotel companies utilizing the Nor1 platform are able to price, present and sort offers to maximize conversion and profitability. With over 4,000 installs representing more than 1,000,000 rooms worldwide, Nor1 has developed new and innovative enterprise scaled products and consultative services. These products and services provide hotel companies with extraordinary opportunities to take control of their guest engagement and revenue destiny.
5
Total investors
2
Early stage
0
Mid stage
3
Late stage
2004
Founded
Investor geography2 countries
United States
3
Australia
1
Investor activity2005–2013 · investors recorded per year
2005120061201012012120131
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Nor1?
Nor1 has 5 investors on record on gritt.io, including 2 early-stage backers and 3 late-stage investors.
When did Nor1 last raise funding?
The most recent investment in Nor1 recorded on gritt.io was in January 2013.
When was Nor1 founded?
Nor1 was founded in 2004.
What industry is Nor1 in?
Nor1 operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Nor1 based?
Nor1 is headquartered in Santa Clara, United States.