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Hivebrite enhances community engagement with the acquisition of AI-powered Matching Engine Orbiit

PRIVATEJul 09, 2024

Acquiring Company

Hivebrite

Acquired Company

Orbiit

ParisNew YorkEducationSaaSInformation Technology

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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Company Information

Company

Hivebrite

Location

Paris, Ile-de-France, France

About

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. Over 900 organisations worldwide use Hivebrite to build and engage vibrant communities, including Boeing, Roche, the Obama Foundation, the National Academy of Sciences, the Aspen Institute, the University of Notre Dame, the US Naval Academy, and UC Davis.

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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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