
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
Employees: 51-200
Phone: +1 408-850-9937
Total raised: $9M
Founded date: 2004
Founders Related Locations: United States, Texas, Austin; United States, California, San Francisco; Canada, Ontario, Toronto; United States, California, Redwood City; United States, California, Los Altos; United States, California, Dublin; France, Ile-of-France, Paris; Norway, Bærum; Norway, Asker; India, Karnataka, Bengaluru; United States, Georgia, Atlanta; United States, California, Santa Clara; United States, California, San Jose; United States, California, Palo Alto; United States, Oklahoma, Oklahoma City; United States, New York, New York; United States, California; United States, Hawaii, Honolulu; United States, California, Cupertino; Romania, Bucharest; Romania; United States, California, San Mateo; United States, California, Oakland; South Africa, Gauteng, Pretoria; Georgia, Imereti, Kutaisi; Norway, Oslo, Oslo; Norway, Oslo
Investors 2
Date | Name | Website |
- | Plug and P... | plugandpla... |
- | Accel Part... | accel.com |
Funding Rounds 1
Date | Series | Amount | Investors |
18.12.2012 | Series B | $9M | - |
Persons 1
Date | First Name | Last Name | Title | |||
- | David | Shaw | 蕭宇弘... | Industrial... | linkedin.c... | - | - |
Mentions in press and media 10
Date | Title | Description | Source |
25.07.2013 | Concur Pushes Business Travel Technology with Venture Invest... | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Since Concur busted out a $150 mil... | xconomy.co... |
17.04.2013 | Concur Launches An App Store To Show Off Its Partners, Inves... | Travel and expense management giant Concur is today launching an app store of its own, featuring the... | techcrunch... |
19.12.2012 | Nor1 Raises $9M in Series B Funding | Nor1, a Santa Clara, CA-based provider of data-driven pricing and merchandising solutions for hotels... | finsmes.co... |
18.12.2012 | Concur leads $9 million investment in Nor1, a service to hel... | Concur continues to put money to work in the online travel arena, announcing today that it is leadin... | geekwire.c... |
18.12.2012 | Nor1 Secures $9M in Series B | SANTA CLARA, CA, Technology leader in upsell solutions, announced today that it has secured $9 Mil... | vcnewsdail... |
18.12.2012 | Data-Driven Travel Pricing Engine Nor1 Raises $9M From TripI... | Nor1, a company that powers dynamic pricing and merchandising for hotels and resorts has raised $9 M... | techcrunch... |
17.12.2012 | Funding Daily: Hannukah is over | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI an... | venturebea... |
17.12.2012 | Funding Daily: Hannukah is over | This past Saturday was the last night of Hanukkah. Alas, this week, no more golden glow of the menor... | venturebea... |
11.08.2011 | 6 самых интересных стартапов Plug & Play... | «Plug & Play — это место, в котором надо находиться, чтобы построить успешно свой бизнес», — ска... | inventure.... |
02.09.2009 | Nor1 soars with $8M to give travelers upgrades | Nor1, a software platform that allows some travelers to upgrade hotel rooms, airlines tickets, etc. ... | venturebea... |