Tags:Artificial IntelligenceCloudDataEnterpriseHospitalityHotelIndustryITLearnLifeOraclePersonalPlatformProductServiceTechnologyTravel
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.
Location: United States, Santa Clara
Member count: 51-200
Total raised: $9M

Investors 2

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
18.12.2012Series B$9M--

Mentions in press and media 7

DateTitleDescriptionCategoryAuthorSource
25.07.2013Concur Pus...Share Share on Facebook Share ...-Benjamin R...xconomy.co...
17.04.2013Concur Lau...Travel and expense management ...-Sarah Pere...techcrunch...
19.12.2012Nor1 Raise...Nor1, a Santa Clara, CA-based ...funding U...-finsmes.co...
18.12.2012Concur lea...Concur continues to put money ...-John Cookgeekwire.c...
18.12.2012Data-Drive...Nor1, a company that powers dy...-Leena Raotechcrunch...
17.12.2012Funding Da...This past Saturday was the las...-Rebecca Gr...venturebea...
02.09.2009Nor1 soars...Nor1, a software platform that...--venturebea...