
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, California, Santa Clara
Member count: 51-200
Phone: +1 408-850-9937
Total raised: $9M
Founded date: 2004
Investors 2
Date | Name | Website |
- | Plug and P... | plugandpla... |
- | Accel | accel.com |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
18.12.2012 | Series B | $9M | - | techcrunch... |
Mentions in press and media 10
Date | Title | Description | Category | Author | Source |
25.07.2013 | Concur Pus... | Share Share on Facebook Share ... | - | Benjamin R... | xconomy.co... |
17.04.2013 | Concur Lau... | Travel and expense management ... | - | Sarah Pere... | techcrunch... |
19.12.2012 | Nor1 Raise... | Nor1, a Santa Clara, CA-based ... | funding U... | - | finsmes.co... |
18.12.2012 | Concur lea... | Concur continues to put money ... | - | John Cook | geekwire.c... |
18.12.2012 | Nor1 Secur... | SANTA CLARA, CA, Technology ... | - | - | vcnewsdail... |
18.12.2012 | Data-Drive... | Nor1, a company that powers dy... | - | Leena Rao | techcrunch... |
17.12.2012 | Funding Da... | We are excited to bring Transf... | - | Rebecca Gr... | venturebea... |
17.12.2012 | Funding Da... | This past Saturday was the las... | - | Rebecca Gr... | venturebea... |
11.08.2011 | 6 самых ин... | «Plug & Play — это место, ... | - | - | inventure.... |
02.09.2009 | Nor1 soars... | Nor1, a software platform that... | - | - | venturebea... |