Ori designs robotic, transforming furniture and smart-space systems that let small apartments function like larger ones, with beds, walls, and offices that move at the touch of a button. Spun out of the MIT Media Lab and named after origami, it sells to multifamily real estate developers and residents across the United States. Ori has installed over 2,000 systems in more than 1,750 apartments and partnered with IKEA on the Rognan robotic furniture line.
Ori has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
11–50
Total Funding
$26M
3 rounds
Latest Valuation
$0.04B
February 16, 2025
Total raised $26M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-03-2026
Latest Round
Type
Seed extension / Series A
Date
April 22, 2021
Amount
$10.4M
Valuation
$0.04B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| February 16, 2025 | Series D | $140M | — | Not disclosed |
| April 22, 2021 | Seed extension / Series A | $10.4M | $0.04B | Not disclosed |
| May 8, 2019 | Seed | $2M | — | Episode 1 Ventures |
Hasier Larrea
Founder & CEO
Ivan Casadevante Etxezarreta
VP of Product, Cofounder
Paul Oakley
EVP, Operations & Corporate Development
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