Ory Corp Raises $5M Funding to Enhance Products and Expand Market Reach

Ory Corp's Series A Funding

Key Highlights:

• Series A Funding: Raised $5 million in Series A funding led by Insight Ventures and Balderton Capital.
• Product Development: Funds will be used to accelerate product development and enhance customer support.
• Growth Marketing: Investment will also support growth marketing initiatives to expand Ory's market reach.

Ory Corp's Target Market

• Target Market: Organizations in need of access control, authorization, and identity management solutions.
• Companies with IAM/CIAM Gaps: Organizations looking to resolve gaps in their existing identity and access management (IAM) or customer identity and access management (CIAM) solutions.
• Legacy Solution Replacement: Businesses seeking to replace outdated legacy access control and identity management systems.

What Ory Corp Needs to Buy

• Product Development Partners: Collaborations with technology partners to enhance and expand Ory's access control and identity platform.
• Customer Support Solutions: Tools and services to improve customer support capabilities and ensure customer satisfaction.
• Growth Marketing Services: Marketing agencies and experts to support growth marketing initiatives and expand market reach.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.