Orium

Consultancy for composable commerce solutions

Toronto, Ontario, Canada

About Orium

Orium specializes in composable commerce for omnichannel retail, helping large retail brands create seamless shopping experiences across various platforms like web, mobile, and wearables. Their approach involves using modular components that can be customized and integrated, allowing businesses to build flexible and scalable digital experiences tailored to their specific needs. Orium stands out from competitors by focusing on headless commerce, which separates the front-end and back-end of e-commerce platforms, enabling them to tackle complex challenges effectively. The company's goal is to enhance customer interactions and drive the future of shopping through innovative digital solutions, supported by partnerships with major cloud computing services and commerce platforms.

Toronto, CanadaHeadquarters
2009Year Founded
$12.6MTotal Funding
LATE_VCCompany Stage
Consulting, Consumer Software, Enterprise SoftwareIndustries
51-200Employees

Benefits

Flexible Work Hours
Professional Development Budget
Health Insurance
Dental Insurance
Parental Leave
Mental Health Support
Employee Stock Options
Unlimited Paid Time Off

Risks

Competition from BigCommerce's Catalyst could threaten Orium's market share.
Expansion into Latin America may face challenges due to regional market dynamics.
Focus on non-core products like IZYWATT 800 LFP may divert resources from primary offerings.

Differentiation

Orium specializes in composable commerce, offering tailored solutions for omnichannel retail.
Their expertise in headless commerce allows for flexible and scalable digital experiences.
Partnerships with commercetools and Google enhance their capability to deliver innovative solutions.

Upsides

Expansion into Latin America opens new revenue streams and client opportunities.
Growing interest in MACH architecture boosts demand for Orium's specialized services.
Partnership with GroupBy enhances eCommerce product discovery capabilities for enterprise clients.

Funding

Total raised$12.65 M
Latest valuation$55.00 M
StageLATE_VC
LATE VC
7/31/2022
$11
$55.00 M
$2
$10.00 M