Orium

Orium

Consultancy for composable commerce solutions

About Orium

Simplify's Rating
Why Orium is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Consumer Software

Enterprise Software

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$12.6M

Headquarters

Toronto, Canada

Founded

2009

Overview

Orium specializes in composable commerce for omnichannel retail, helping large retail brands create seamless shopping experiences across various platforms like web, mobile, and wearables. Their approach involves using modular components that can be customized and integrated, allowing businesses to build flexible and scalable digital experiences tailored to their specific needs. Orium stands out from competitors by focusing on headless commerce, which separates the front-end and back-end of e-commerce platforms, enabling them to tackle complex challenges effectively. The company's goal is to expand its position as North America's largest composable commerce consultancy and drive the future of shopping through innovative digital solutions.

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Simplify's Take

What believers are saying

  • Expansion into Latin America opens new revenue streams and client opportunities.
  • Growing interest in MACH architecture boosts demand for Orium's specialized services.
  • Partnership with GroupBy enhances eCommerce product discovery capabilities for enterprise clients.

What critics are saying

  • Competition from BigCommerce's Catalyst could threaten Orium's market share.
  • Expansion into Latin America may face challenges due to regional market dynamics.
  • Focus on non-core products like IZYWATT 800 LFP may divert resources from primary offerings.

What makes Orium unique

  • Orium specializes in composable commerce, offering tailored solutions for omnichannel retail.
  • Their expertise in headless commerce allows for flexible and scalable digital experiences.
  • Partnerships with commercetools and Google enhance their capability to deliver innovative solutions.

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Funding

Total Funding

$12.6M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Professional Development Budget

Health Insurance

Dental Insurance

Parental Leave

Mental Health Support

Employee Stock Options

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

1%

2 year growth

4%
Newswire
Jan 8th, 2025
Orium and JIBE Partner to Bring Modern Commerce Solutions to More Businesses

/CNW/ - Orium, the leading composable commerce specialist in the Americas, today announced a strategic investment in JIBE, a digital commerce agency known for...

Newswire
Jun 17th, 2024
Orium Acquires Gluo to Expand Its Composable Commerce Footprint into Fast-Growing Latin America Market

/CNW/ - Orium, the leading composable commerce specialist in North America, today announced it has acquired e-commerce agency Gluo. The Mexico-based firm has...

Boat News
May 30th, 2024
Orium launches IZYWATT 800 LFP portable power station, a portable LFP battrie

Orium launches IZYWATT 800 LFP portable power station, a portable LFP battrie.

PR Newswire
Mar 18th, 2024
Orium Unveils New MACH Readiness Report Highlighting the Most Impactful Steps for Successful Digital Transformation Projects

Orium unveils new MACH readiness report highlighting the most impactful steps for successful digital transformation projects.

PYMNTS
Feb 8th, 2024
Bigcommerce Launches Storefront Technology Featuring Composable Architecture

BigCommerce has introduced a new storefront technology that aims to simplify the process of building online stores using a composable architecture.The new Catalyst is designed for mid-market and enterprise B2C and B2B brands and retailers, and combines popular headless technologies and best practices, the Open Software-as-a-Service (SaaS) eCommerce platform said in a Thursday (Feb. 8) press release.“Catalyst introduces BigCommerce’s reference composable architecture, equipping developers with the most preferred, highest performing technology, and brand users with the world’s best no/low-code Next.js visual editor,” Brent Bellm, CEO at BigCommerce, said in the release.One of the key features of Catalyst is Makeswift, a composable page builder that BigCommerce acquired in the fourth quarter of 2023, according to the release. Makeswift allows marketing teams to easily manage storefronts and content pages without the need for developer support. It can function as a standalone no-code website builder for lightweight sites or as part of a composable tech stack for more complex websites.With Catalyst, BigCommerce aims to empower developers to quickly create storefronts, with reference architecture that prioritizes flexibility, performance and faster time to market, the release said.To enhance the developer experience, Catalyst provides fully customizable storefront components and a streamlined GraphQL API client optimized for Next.js and React Server Components, per the release. This enables developers to accelerate development without compromising quality.While developing Catalyst, BigCommerce collaborated with agency partners who specialize in composable commerce, including Orium, according to the release.Everett Zufelt, vice president of product and partnerships at Orium, said in the release that Catalyst gives brands and retailers the choice and flexibility they need to adopt new innovations and meet evolving customer expectations.The headless commerce space has become increasingly competitive as more businesses see the benefits of this approach. By allowing customers to decouple their front-end and back-end functionalities, headless commerce makes it easier for eCommerce sites to adapt to trends and deliver tailored shopping experiences.Once a headless commerce architecture is implemented, companies can benefit from greater flexibility, speed and scale

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