Swiss B2B Platform Orderfox Surpasses €1bn Valuation

Source EQS

Zurich, Switzerland - November 26, 2024 - (SeaPRwire) - Orderfox Schweiz AG, a leading provider of artificial intelligence (AI) solutions for the B2B and industrial sectors, has officially surpassed a €1 billion valuation, achieving the coveted status of Unicorn. This significant breakthrough of Orderfox to Unicorn status results from its commitment to integrating advanced AI into industrial and B2B operations.

fncls.ssp?fn=download2_file&code_str=b8d17fc6802113027e421617c4bde981

By managing and interpreting massive datasets, the company delivers customized market intelligence to clients across various sectors, from manufacturing to logistics. Its innovative tools help businesses optimize operations, cut costs, and stay agile in today's highly fluid market environment.

"Achieving Unicorn status is more than just a financial milestone. Rather, it is a recognition of our ongoing mission to revolutionize the use of AI in industrial decision-making," says Derek Tanner, CEO of Orderfox. "Our products, such as Partfox and Gieni, are providing companies with individualized access to market data, empowering them to make smarter, more insightful choices."

Partfox, which enables procurement professionals to source parts and manage supply chains more effectively, and Gieni, which offers AI-powered market intelligence across multiple sectors, have become essential tools for businesses looking to thrive in the face of global supply chain challenges. With a database of over 20 million profiled companies and more than 470 million individual profiles, the firm's platform offers clients a comprehensive and highly detailed view of the industry.

As the company celebrates its Unicorn status, Orderfox plans to expand its global presence and accelerate the development of new AI solutions. The company also plans to enhance its product offerings, broadening its reach to even more industries and geographical markets.

"We are in the initial stages of transforming the industry in positive ways," says Timur Göreci, CRO at Orderfox. "With our unique approach to AI and data analytics, we're confident that Orderfox will continue to drive innovation and create even more value for our clients in the coming years."

For more information, visit the Orderfox Schweiz AG website.

About Orderfox Schweiz AG

Orderfox Schweiz AG is a technology company based in Zurich, Switzerland. It specializes in providing AI-driven solutions designed to help businesses in the industrial and B2B sectors optimize their operations and improve decision-making. With an extensive database of global companies and markets, the brand empowers its clients with actionable insights that drive strategic growth and operational efficiency. The company's products—including Partfox and Gieni—are trusted by professionals in procurement, manufacturing, logistics, and various other industries worldwide.

Media Contact

Brand: Orderfox Schweiz AG

Contact: Dhiviyaa Satkunanathan

Email Address: press@orderfox.com

Website: https://www.orderfox.com/

26/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.
The issuer is solely responsible for the content of this announcement.

Media archive at www.todayir.com

fncls.ssp?fn=show_t_gif&application_id=2037969&application_name=news&site_id=todayir~~~8718cfbc-9d37-4155-9f28-3af0e96374d5
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ripple says XRP reports will look different moving forward, avoiding an SEC repeat-case scenarioRipple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025.
Author  Cryptopolitan
May 06, Tue
Ripple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025.
placeholder
Solana’s first spot staking ETF launched with $33 million in trading volumeSolana’s first spot staking ETF launched with $33 million in trading volume on its debut day.
Author  Cryptopolitan
Jul 03, Thu
Solana’s first spot staking ETF launched with $33 million in trading volume on its debut day.
placeholder
House GOP announces crypto week in Mid-July to review key billsThe US House GOP has designated the week of July 14 as "Crypto Week" to focus on key cryptocurrency legislation.
Author  Cryptopolitan
Yesterday 01: 17
The US House GOP has designated the week of July 14 as "Crypto Week" to focus on key cryptocurrency legislation.
placeholder
Solana (SOL) Cools After Recovery — Resistance Proving Difficult to CrackSOL price is now correcting gains and might struggle to rise above the $155 resistance.
Author  NewsBTC
23 hours ago
SOL price is now correcting gains and might struggle to rise above the $155 resistance.
placeholder
Gold price edges up as the post-NFP USD rally falters amid US fiscal concernsGold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and for now.
Author  FXStreet
23 hours ago
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and for now.
goTop
quote