Investments
21Portfolio Exits
15Funds
2Partners & Customers
10Service Providers
2About Orange
Orange (EPA: ORA) provides telecommunications services to residential, professional, and large business customers. It offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, as well as telecommunications equipment sales and rentals. Orange was formerly known as France Telecom. The company was founded in 1988 and is based in Issy-Ies-Moulineaux, France.
Latest Orange News
Nov 20, 2023
Orange Partners With Spotify To Offer Free Data To Subscribers To Stream Music Last updated: 20/11/23 SHARE Orange , a telecoms company operating in 18 countries across Africa and the Middle East, has recently partnered with Spotify, the world’s leading music streaming platform, to offer all mobile customers an exciting music experience. The company will offer data bonuses to customers in Democratic Republic of Congo, Guinea, Madagascar, and Mali. By offering complimentary data bonuses to access to Spotify’s service, Orange strengthens its position as an all-in-one entertainment service provider. Jocelyne Muhutu-Remy, Managing Director for Spotify in Sub-Saharan Africa, said “We are excited to partner with Orange Middle East & Africa to offer data bonuses to our customers in Democratic Republic of Congo, Guinea, Madagascar, and Mali, allowing them to enjoy our vast music library of over 100 million songs, without worrying about data. We are aware that data costs continue to be a hindrance for people who would like to stream music, that’s why we are actively working at Spotify SSA on partnerships like this one.” Brelotte Ba, Deputy CEO of Orange Middle East and Africa, said: “We are pleased to partner with Spotify to bring a new experience to our customers in Africa and the Middle East. As a multi-service operator on the continent, we want to provide our customers with easier access to the rich musical culture in Africa and to the promotion of local talents. The deployment of this service in the countries where we are present will greatly facilitate access to an incomparable musical experience for all communities and thus contribute to the acceleration of digital inclusion on the continent.”
Orange Investments
21 Investments
Orange has made 21 investments. Their latest investment was in CorralData as part of their Seed VC on July 7, 2023.
Orange Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/31/2023 | Seed VC | CorralData | Yes | 1 | ||
7/31/2023 | Series B | Airalo | $60M | Yes | 6 | |
1/19/2022 | Seed VC | Paps | $4.5M | Yes | 7 | |
11/9/2021 | Grant | |||||
7/2/2021 | Corporate Minority |
Date | 7/31/2023 | 7/31/2023 | 1/19/2022 | 11/9/2021 | 7/2/2021 |
|---|---|---|---|---|---|
Round | Seed VC | Series B | Seed VC | Grant | Corporate Minority |
Company | CorralData | Airalo | Paps | ||
Amount | $60M | $4.5M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 6 | 7 |
Orange Portfolio Exits
15 Portfolio Exits
Orange has 15 portfolio exits. Their latest portfolio exit was Orange - Orange Money Romania Business on August 24, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/24/2023 | Divestiture | Orange - Orange Money Romania Business | 1 | ||
4/28/2022 | Reverse Merger | 8 | |||
12/7/2021 | Acquired | 24 | |||
Date | 8/24/2023 | 4/28/2022 | 12/7/2021 | ||
|---|---|---|---|---|---|
Exit | Divestiture | Reverse Merger | Acquired | ||
Companies | Orange - Orange Money Romania Business | ||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 8 | 24 |
Orange Acquisitions
27 Acquisitions
Orange acquired 27 companies. Their latest acquisition was The unbelievable Machine Company on September 12, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
9/12/2022 | Acquired - II | 2 | ||||
1/28/2020 | Acquired | 1 | ||||
5/7/2019 | Private Equity | Acquired | 8 | |||
4/30/2019 | ||||||
4/30/2019 |
Date | 9/12/2022 | 1/28/2020 | 5/7/2019 | 4/30/2019 | 4/30/2019 |
|---|---|---|---|---|---|
Investment Stage | Private Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired - II | Acquired | Acquired | ||
Sources | 2 | 1 | 8 |
Orange Fund History
2 Fund Histories
Orange has 2 funds, including Digital Ventures.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/21/2015 | Digital Ventures | $23M | 1 | ||
Orange Digital Ventures Africa |
Closing Date | 1/21/2015 | |
|---|---|---|
Fund | Digital Ventures | Orange Digital Ventures Africa |
Fund Type | ||
Status | ||
Amount | $23M | |
Sources | 1 |
Orange Partners & Customers
10 Partners and customers
Orange has 10 strategic partners and customers. Orange recently partnered with Spotify on November 11, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
11/20/2023 | Partner | Sweden | From today , in the Democratic Republic of Congo , Madagascar , and Mali and very soon in Guinea , millions of mobile users will enjoy music for free on Spotify platform when subscribing to an Orange Business mobile offer ; The new partnership between Orange and Spotify will bring a new music journey to mobile users , thanks to a vast music catalog and a user-friendly interface . | 8 | |
11/14/2023 | Partner | Cellhire looks to Paris Olympics broadcaster connectivity role following new Orange France agreement Matt Bennett , MD of York-based Cellhire , said : `` The solution is based on our recent agreement with Orange , which has opened up hundreds of further networks for Cellhire . | 1 | ||
11/10/2023 | Partner | United States | Paris and Barcelona : Orange Business and VMware , Inc. are strengthening their partnership to deliver Flexible SD-WAN with VMware , Inc. as the first fully embedded SD-WAN offering in Evolution Platform . | 1 | |
11/1/2023 | Partner | ||||
10/18/2023 | Supplier |
Date | 11/20/2023 | 11/14/2023 | 11/10/2023 | 11/1/2023 | 10/18/2023 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Supplier |
Business Partner | |||||
Country | Sweden | United States | |||
News Snippet | From today , in the Democratic Republic of Congo , Madagascar , and Mali and very soon in Guinea , millions of mobile users will enjoy music for free on Spotify platform when subscribing to an Orange Business mobile offer ; The new partnership between Orange and Spotify will bring a new music journey to mobile users , thanks to a vast music catalog and a user-friendly interface . | Cellhire looks to Paris Olympics broadcaster connectivity role following new Orange France agreement Matt Bennett , MD of York-based Cellhire , said : `` The solution is based on our recent agreement with Orange , which has opened up hundreds of further networks for Cellhire . | Paris and Barcelona : Orange Business and VMware , Inc. are strengthening their partnership to deliver Flexible SD-WAN with VMware , Inc. as the first fully embedded SD-WAN offering in Evolution Platform . | ||
Sources | 8 | 1 | 1 |
Orange Service Providers
2 Service Providers
Orange has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Corporate Majority | Investment Bank | Financial Advisor | |
Service Provider | ||
|---|---|---|
Associated Rounds | Corporate Majority | |
Provider Type | Investment Bank | |
Service Type | Financial Advisor |
Partnership data by VentureSource
Orange Team
94 Team Members
Orange has 94 team members, including current Founder, Chief Executive Officer, Jamil Chawki PhD.
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