Oriient
Techstars '17Tel Aviv, IL · Founded 2017 · 93 employees on LinkedIn · 7 known investors
Find your way into Oriient
Sign up to see every warm intro you have to Oriient
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Oriient team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Oriient provides indoor location technology that enables retailers, hospitals, and smart buildings to measure and navigate indoor spaces without requiring dedicated hardware. The platform makes indoor environments measurable and actionable for teams to improve movement visibility and space utilization.
Also known as Oriient New Media Ltd.
Founders & leadership
Oriient was founded in 2017 by Mickey Balter and Amiram Frish.
Investors · 7
How we know: F2 Venture Capital's portfolio page · a partner's Signal profile · the VCSheet dataset · research · oriient.me · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: research · oriient.me · Not right? Tell us
How we know: research · oriient.me · Not right? Tell us
Also in the syndicate · 2
Company profile
researched Sep 2026Oriient develops an indoor positioning and navigation platform delivered as a software development kit for mobile apps, providing GPS-like location inside buildings where satellite signals are unavailable. The system requires no beacons, Wi-Fi infrastructure or other dedicated hardware: it combines readings from standard smartphone sensors with the way each building distorts the Earth's magnetic field, processed by proprietary algorithms and AI models on the company's servers. Buildings are mapped using an ordinary smartphone, after which the collected data is uploaded and analyzed to produce a positioning map. The company states accuracy of approximately one meter (three feet).
The primary vertical is retail, where the platform supports in-store product finding and navigation for shoppers, order-picking and task execution for associates, proximity and contextual marketing, foot-traffic and dwell-time analytics, route optimization, layout optimization and loss prevention. The company also describes automated upkeep of store realograms, in which the system infers shelf and product location changes from user behavior and scan patterns. Beyond retail, Oriient targets hospitals, malls, airports, offices and smart buildings, where the technology is used for visitor wayfinding and gives facility managers visibility into movement, security and operational efficiency.
Founding story
Co-founded by CEO Mickey Balter, a serial entrepreneur, and CTO Amiram Frish, a digital signal processing specialist who invented the company's technology and patents, with the stated aim of building the first purely software-based indoor location solution that would be accurate, cost-effective and scalable.
Business model
Software-as-a-service sold to enterprises, positioned as avoiding capital expenditure because no positioning hardware has to be purchased or installed. The product is delivered as an SDK integrated into the customer's own mobile application, and is also distributed through Google Cloud Marketplace.
SaaS subscription for indoor positioning services; the company markets the offering as SaaS without CAPEX.
Traction
Powers the in-store navigation used by Instacart shoppers at hundreds of stores in North America; available as an SDK on Google Cloud Marketplace. The company reported 35 employees at the time of its 2022 Series A and says it scaled to 300 locations in one month and operates across thousands of locations globally. Reported customer outcomes include online order picking up to 50% faster and out-of-stock error rates reduced from roughly 20% to under 7%.
Latest developments
Content published in 2025 emphasizes AI-driven indoor context for retail, including sub-meter accuracy powered by AI models, autonomous realogram upkeep, and analytics on associate and shopper movement. The company continues to hire across product, engineering, operations and sales.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Describes itself as offering the world's first truly software-only indoor location solution and says it operates across thousands of locations globally. Investors and the company frame its differentiation against legacy indoor-positioning approaches that depend on installed hardware.
No dedicated hardware, beacons or Wi-Fi infrastructure is required, which the company says lowers upfront cost and speeds deployment across large store networks; stated positioning accuracy of about one meter, with offline operation and scalability cited as further distinctions from hardware-based alternatives.
Technology
Proprietary geomagnetic indoor positioning: algorithms use the Earth's magnetic field as distorted uniquely by each building, combined with smartphone compass and other sensor readings and AI models, to determine a user's position. Mapping of a venue is performed with a standard smartphone; data is uploaded to Oriient's cloud and processed into a positioning map. The company cites sub-meter to one-meter accuracy, offline operation, and a related capability referred to as PLAI. The CTO and co-founder is described as the inventor of the company's technology and patents.
Go-to-market
Direct enterprise sales with demos and paid-style pilots, complemented by channel distribution via Google Cloud Marketplace and partnerships with platform companies such as Google Cloud and grocery-delivery provider Instacart. The company was hiring sales roles including a senior enterprise sales executive and a solution engineer based in Bentonville, Arkansas, and stated it would use its Series A proceeds to expand global sales.
Large retailers and grocery chains, grocery delivery and fulfillment operators, hospitals, malls, airports, offices and other operators of large or complex indoor venues.
Geography
Headquartered in Tel Aviv, Israel, with deployments in North America, including at a US retailer with over 2,200 stores, and open roles in Tel Aviv and Bentonville, Arkansas.
History
The company's about page states it was founded in 2016, while its Series A press release states it was founded in 2017. It commercialized its technology with earlier funding, reported technological breakthroughs in 2021, and in 2022 announced partnerships with Instacart and Google Cloud alongside an $11 million Series A that brought total investment to $16 million. Erez Lorber serves as chairman of the board.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 4
Companies working in the same space as Oriient.
Timeline · 3
launches, deals, and filingsOriient announced an $11 million Series A round with participation from OurCrowd, Regal Four (a Beren family venture entity), F2 Venture Capital, NGN Partners and Future Energy Ventures, bringing total investment to $16 million. Proceeds earmarked for scaling to tens of thousands of locations, opening new verticals and expanding global sales.
$11M source ↗
Oriient powers the in-store navigation platform Instacart shoppers use to gather orders at hundreds of stores in North America.
Oriient's indoor location services were made available on Google Cloud Marketplace as an SDK for retailers' mobile apps.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Oriientoriient.me · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Oriient do?
- Israeli developer of a software-only indoor positioning platform that locates smartphones inside buildings without dedicated hardware.
- Who founded Oriient?
- Oriient was founded by Mickey Balter, Amiram Frish in 2017.
- Who are Oriient's investors?
- Oriient's investors include F2 Venture Capital, LeadX Capital Partners, Techstars, Future Energy Ventures, OurCrowd.
- Where is Oriient headquartered?
- Oriient is headquartered in Tel Aviv, IL.





