Hivebrite enhances community engagement with the acquisition of AI-powered Matching Engine Orbiit
Acquiring Company
Hivebrite
Acquired Company
Orbiit
Description
Hivebrite, a leading community engagement platform, has successfully acquired Orbiit, an AI-powered matching engine. This acquisition is set to take community engagement to the next level by combining Hivebrite's robust community building capabilities with Orbiit's advanced AI matching technology.
Quick answer
Hivebrite is acquiring Orbiit, announced July 9, 2024. Hivebrite is based in Paris, Ile-de-France, France.
- How much did Hivebrite pay for Orbiit?
- The deal value was not disclosed.
- What does Hivebrite do?
- Founded in Paris in 2015, Hivebrite has developed an all-in-one SaaS community engagement platform, enabling organisations across industries to launch, manage, and grow private, fully-branded communities.
- Where are Hivebrite and Orbiit based?
- Hivebrite is based in Paris, Ile-de-France, France. Orbiit is based in New York, New York, United States.
- Who are the decision-makers at Hivebrite?
- Fundz holds 1 contact at Hivebrite. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Orbiit?
Orbiit was acquired by Hivebrite, based in Paris. The deal was reported on July 9, 2024. Founded in Paris in 2015, Hivebrite has developed an all-in-one SaaS community engagement platform, enabling organisations across industries to launch, manage, and grow private, fully-branded communities. Hivebrite is privately held and operates in Education.
When did Hivebrite acquire Orbiit?
Hivebrite's acquisition of Orbiit was reported on July 9, 2024. Hivebrite, a leading community engagement platform, has successfully acquired Orbiit, an AI-powered matching engine. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Orbiit do?
Orbiit is a matchmaking engine powering curated 1:1 community connections at scale. Members can opt-into regular, topic-based 1:1 virtual connections and Orbiit handles all comms, matching, scheduling, feedback collection and analytics. It is privately held, operating in Information Technology, and is based in New York.
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